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Home All IPOs Vera Synthetic Ltd. IPO
Vera Synthetic Ltd. IPO
NSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹40
Issue Price
₹40
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹40
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹120,000
1 lot · 3,000 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
28 Mar 2018
Wed Completed
Done
Close Date
04 Apr 2018
Wed Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
12 Apr 2018
Thu Completed
UPI Deadline: 04 Apr 2018
Issue Details
Pricing & Size
Issue Price
₹40 Face ₹10
Lot Size
3,000 shares
Min Investment
₹120,000
Total Issue Size
13,35,000 shares (aggregating up to ₹5.34 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
69,000 (5.17%)
QIB Portion
-
NII / HNI
6,33,000 (47.42%)
Retail
6,33,000 (47.42%)
Employee
-
Net Offer to Public
12,66,000 shares (aggregating up to ₹5.06 Cr)
Shareholding Pattern
Pre-Issue Shareholding
36,00,000 shares
Post-Issue Shareholding
49,35,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,20,000
HNI / NII 2 6,000 ₹2,40,000
Objects of Issue
2 objectives
1
1 Funding the working capital requirements of the Company
3.84 Cr
2
2 General corporate purposes
1.00 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
Market Maker
Pantomath Stock Brokers Pvt.Ltd.
IPO Timeline
Open
28 Mar
✓ Done
Close
04 Apr
✓ Done
Allotment
TBA
Listing
12 Apr
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
verasynthetics.ipo@linkintime.co.in
Company Contact
Email
info@sujlonropes.com
Phone
0278-2525434
Address
Office No. UL-27, Pattani Plaza, Devubag, Dairy Road, Bhavnagar, Bhavnagar, Gujarat, 364002
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹40
Est. Listing
₹40
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Vera Synthetic Ltd. LIVE
INR ·
vs Issue
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High
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Mkt Cap
P/E
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| Price
Market Reference
IPO Issue Price
₹40
GMP
+₹0 (+0%)
GMP Est. Listing
₹40
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 6,33,000 (47.42%) ₹253.20 Cr
Retail Investors 6,33,000 (47.42%) ₹253.20 Cr
Total ** 13,35,000 (100.00%) ₹5,340.00 Cr
Market Maker * 69,000 (5.17%) ₹2.76 Cr
* Based on ₹40.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
6,33,000 (47.42%)
Retail
6,33,000 (47.42%)
Market Maker
69,000 (5.17%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric31-Mar-1731-Mar-1631-Mar-15
Revenue1844.222195.122449.42
PAT34.4327.404.78
EBITDA
Net Worth
Total Assets863.60731.78705.79
Reserves
Borrowings
About Vera Synthetic Ltd.

Incorporated in 2000, Gujarat based Vera Synthetic Limited is engaged in manufacturing of Fishing Nets, PP Yarns, PP/HDPE Ropes, PP Twines and Niwar. The company manufactures and market its products under its flagship brand "Sujlon". The products are primarily used in fishing sector and other allied use thereon.

At present Vera caters only to domestic markets. The company has dealers, traders and distributors spread across different regions of the Country. It sells its products either directly to traders/fishermen or through its distribution network in Gujarat, Maharashtra, Kerala, Karnataka, Andhra Pradesh, West Bengal, Delhi, Bihar, Rajasthan, etc.

The company's manufacturing facility is divided into two units namely Division I and Division II (situated at Mamsa, Gujarat).

As on January 31, 2018, the Company had 88 employees on its payroll.

Frequently Asked Questions
What is the issue price of Vera Synthetic Ltd. IPO?
The issue price of Vera Synthetic Ltd. IPO is ₹40 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹120,000.
What are the IPO dates?
Opens 28 Mar 2018, closes 04 Apr 2018.
When is the listing date?
Tentative listing: 12 Apr 2018 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹40 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Vera Synthetic Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
12 Apr 2018
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹40
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹120,000
1 lot
Est. Listing
₹40
GMP +₹0
Key Dates
Open
28 Mar Done
Close
04 Apr Done
Listing
12 Apr Done
Registrar
MUFG Intime India Pvt.Ltd.
A
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