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Home All IPOs Veto Switchgears & Cables Ltd. IPO
Veto Switchgears & Cables Ltd. IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹50
Issue Price
₹50
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹50
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹150,000
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
03 Dec 2012
Mon Completed
Done
Close Date
05 Dec 2012
Wed Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
13 Feb 2012
Mon Completed
UPI Deadline: 05 Dec 2012
Issue Details
Pricing & Size
Issue Price
₹50 Face ₹10
Lot Size
3,000 shares
Min Investment
₹150,000
Total Issue Size
50,01,000 shares (aggregating up to ₹25.01 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
8,34,000 (16.68%)
QIB Portion
10,41,500 (20.83%)
NII / HNI
16,66,400 (33.33%)
Retail
14,58,100 (29.16%)
Employee
-
Net Offer to Public
41,67,000 shares (aggregating up to ₹20.84 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,16,60,000 shares
Post-Issue Shareholding
1,66,60,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,50,000
HNI / NII 2 6,000 ₹3,00,000
Objects of Issue
5 objectives
1
1 Modernisation of existing facility at Hardwar, Uttarakhand
4.70 Cr
2
2 Incremental long-term working capital requirement
15.80 Cr
3
3 Enhancement of our Company’s brand through advertising and other brand-building activities
2.00 Cr
4
4 General Corporate Purposes
1.00 Cr
5
5 To meet the Issue expenses
2.00 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Indian Overseas Bank
Keynote Financial Services Ltd.
Market Maker
Keynote Capitals Ltd.
IPO Timeline
Open
03 Dec
✓ Done
Close
05 Dec
✓ Done
Allotment
TBA
Listing
13 Feb
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cfo@vetoswitchgears.com
Phone
+91 22 2880 7704
Address
D-2, First Floor, Malad Industrial Estate, Ramchandra Lane Extn. Kanchpada, Malad (West), Mumbai 400064 Malad, Maharashtra
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹50
Est. Listing
₹50
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
Veto Switchgears & Cables Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹50
GMP
+₹0 (+0%)
GMP Est. Listing
₹50
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)*
QIB 10,41,500 (20.83%) ₹520.75 Cr
NII / HNI (Total) 16,66,400 (33.33%) ₹833.20 Cr
Retail Investors 14,58,100 (29.16%) ₹729.05 Cr
Total ** 50,00,000 (100.00%) ₹25,000.00 Cr
Market Maker * 8,34,000 (16.68%) ₹417.00 Cr
* Based on ₹50.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
10,41,500 (20.83%)
NII
16,66,400 (33.33%)
Retail
14,58,100 (29.16%)
Market Maker
8,34,000 (16.68%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Key Financial Ratios
26.66%
RONW
Return on Net Worth
About Veto Switchgears & Cables Ltd.

Incoporated in 2007, Veto Switchgears and Cables Ltd is an ISO 9001:2008 certified company, engaged in the manufacture and sale of wires & cables and electrical accessories in India. Veto Switchgears product portfolio ranges from industrial cables, stand cables to telephone & co-axial wires, from general switches to modular switches, from ceiling fans to rechargeable fans, compact fluorescent lamps and other electrical accessories.

Veto Switchgears manufacturing unit located in Hardwar, Uttarakhand. Veto Switchgears supply their products under the brands "VETO" and "VIMAL POWER".

Frequently Asked Questions
What is the issue price of Veto Switchgears & Cables Ltd. IPO?
The issue price of Veto Switchgears & Cables Ltd. IPO is ₹50 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹150,000.
What are the IPO dates?
Opens 03 Dec 2012, closes 05 Dec 2012.
When is the listing date?
Tentative listing: 13 Feb 2012 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹50 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Veto Switchgears & Cables Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
13 Feb 2012
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹50
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹150,000
1 lot
Est. Listing
₹50
GMP +₹0
Key Dates
Open
03 Dec Done
Close
05 Dec Done
Listing
13 Feb Done
Registrar
Bigshare Services Pvt.Ltd.
A
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