Veer Global Infraconstruction SME IPO
Veer Global Infraconstruction IPO — date, price band, lot size & details 2020
Veer Global Infraconstruction listed on 19 Oct 2020 at ₹29.5, 5.4% above the ₹28 issue price.
Veer Global Infraconstruction Limited launched its SME IPO on BSE SME from 30 September to 9 October 2020, raising ₹4.92 crores at ₹28 per share, with listing on 19 October 2020. Founded in 2012, the company focuses on real estate development, mainly affordable residential projects alongside business, retail properties, commercial plazas, and integrated townships. Its business model covers location identification, acquisition, planning, designing, development, sales, and marketing. The firm has strong presence in Mumbai Metropolitan Region, particularly Vasai-Virar, Palghar, Umroli, Boisar, and Shahada.
Stock price
Veer Global Infraconstruction is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 23 October.
- Open 30 Sep 2020
- Close 09 Oct 2020
- Allotment 14 Oct 2020
- Refund/credit 15 Oct 2020
- Listing 19 Oct 2020
Issue summary
The terms of the offer, as filed.
| IPO Dates | 30 Sep to 9 Oct, 2020 |
|---|---|
| Price Band | ₹28 |
| Face Value | ₹10 |
| Lot Size | 4000 Shares |
| Issue Size | ₹4.92 Cr. Cr |
| Sale Type | Fixed price issue |
| Listing On | BSE SME |
| Registrar | Purva Sharegistry (India) Private Limited |
| Min Investment | ₹ 2,24,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 4000 shares at the ₹28 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 8,000 | ₹2,24,000 |
| Retail (max) | 2 | 8,000 | ₹2,24,000 |
| HNI (min) | 3 | 12,000 | ₹3,36,000 |
Three years of numbers
All figures in ₹ crore, as reported in the Veer Global Infraconstruction offer document.
| Metric | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|
| Assets | 32.90 | 29.29 | 20.22 |
| Total Income | 8.63 | 10.08 | 2.33 |
| Profit After Tax | 0.18 | 0.13 | 0.05 |
| EBITDA | 0.30 | 0.22 | 0.13 |
| NET Worth | 10.42 | 5.84 | 4.50 |
| Reserves and Surplus | 5.68 | 3.89 | 3.01 |
| Total Borrowing | 0.17 | 1.25 | 0.94 |
See how this IPO compares — view listing performance of all SME IPOs.
Where the money goes
₹4.66 Cr of the issue is earmarked to named objects.
About the company
The company’s business model focuses on undertaking turnkey projects as well as contract-based construction services, where it manages planning, procurement, and execution. Veer Global Infraconstruction emphasizes timely delivery, cost efficiency, and adherence to quality standards to maintain client relationships. Its services typically include building construction, infrastructure development, and allied civil works, positioning the company as a participant in India’s ongoing infrastructure growth story.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+91 8484817311
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Capital Square Advisors Pvt. Ltd.
4 issues handledBest listing: Amba Auto Sales & Services (-0.4%). Weakest: M R Maniveni Foods Ltd. (-18.2%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Veer Global Infraconstruction?
The current Grey Market Premium is ₹0.
What is the Veer Global Infraconstruction IPO price band?
₹28, on a face value of ₹10.
When is the allotment?
The basis of allotment is 14 October 2020, with listing on 19 October 2020.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Purva Sharegistry (India) Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
