Notification
No new Notification messages
Niva Bupa Health Insurance IPO is Open!
Apply for the Niva Bupa Health Insurance IPO through UPI in just minutes.
Q2 FY'24-25 Results of Top Companies
Reliance, TCS, HDFC Bank & more: Explore key financial highlights from India's top quarterly results.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Diwali Offer: MTF at just 9.99%
Iss Diwali, Investments Ko Karo 4X with our Trade Now, Pay Later (MTF) feature
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Veritaas Advertising Ltd

Miscellaneous

Offer Period :

13th to 15th May 2024

Veritas Advertising Limited, established in 2018, offers comprehensive advertising solutions with a focus on brand strategy, events, and outdoor media. Read more... Operating across multiple cities, it serves prestigious clients like TVS, Honda, and ITC Limited, ensuring brand presence, engagement, and increased sales.Read less

Veritaas Advertising Ltd IPO Details

IPO Date 13th to 15th May 2024 Minimum Investment ₹136800 / 1 Lots
Listing Date 2024-05-21 Maximum Investment ₹136800 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹8.48 Crores
Price ₹114 to ₹114 per share Fresh Issue ₹8.48 Crores
Lot Size 1 Lots (1200 Shares) Offer For Sale ₹ 0
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per share    
IPO Date 13th to 15th May 2024
Listing Date 2024-05-21
Face Value ₹10 per share
Price ₹114 to ₹114 per share
Lot Size 1 Lots (1200 Shares)
Listing At NSE-SME
Employee Discount ₹0 per share
Minimum Investment ₹136800 / 1 Lots
Maximum Investment ₹136800 / 1 Lots
Total Issue Size ₹8.48 Crores
Fresh Issue ₹8.48 Crores
Offer For Sale
Retail Discount ₹ 0

Timeline

Important dates for allocation and IPO listing.

13th May

IPO Starts

15th May

IPO Ends

16th May

Allotment Date

17th May

Initiation of Refund

17th May

Credit of Shares to Demat Account

21st May

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 88.74 65.36
Public Group 11.26 34.64

Veritaas Advertising Ltd IPO Reservation

QIB Shares Offered 177600(23.87%)
NII (HNI) Shares Offered 106800(14.35%)
Retail Shares Offered 248400(33.39%)
Anchor Investor Shares Offered 174000(23.39%)
Total Shares Offered 744000
Total Shares With Anchor Investor 744000

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Veritaas Advertising Ltd IPO Registrar

Mas Services Limited
Phone Number +91 112 6387281/83,1141 320335
Email Id ipo@masserv.com
Our Website www.masserv.com

Veritaas Advertising Ltd IPO Lead Manager

1. Horizon Management Pvt Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Veritaas Advertising Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Veritaas Advertising Ltd

1. Fully integrated service portfolio offering result-oriented solutions.

2. Geographical presence.

3. Diverse customer base spread across various industries.

4. Well experienced management team with proven project management and implementation skills.

5. Infrastructure to support innovative and quality solutions.

6. Meeting expectation of clients and maintaining long term relationship with clients.

7. Marque Clientele.

Risks Involved

1. Advertising business is dependent on availability of space or sites for publishing of ads. Any significant increase in the prices of such ad space or sites or nonavailability of such ad space or sites may adversely affect its business and results of operations.

2. The company significantly relies on police booth display for advertisement, and any interruption or nonavailability of such ad space or sites may adversely affect its business and results of operations.

3. The company relies on its workshop for fabrication and printing of advertisement material, and any interruption or delay in service from its workshop could impair its ability to execute the orders of the company customers.

4. The commercial success of its services depends to a large extent on the success of the success of its end use customers. If there is any downturn in the industries in which its customers operate, it could have a material adverse effect on its business, financial condition and results of operations.

5. The company depends on a few customers of its services, for a significant portion of the company revenue, and any decrease in revenues or sales from any one of its key customers may adversely affect the company's business and results of operations.

6. The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

7. There can be no assurance that the objects of the Issue will be achieved within the time frame anticipated or at all, or that the deployment of the Net Proceeds in the manner intended by it will result in any increase in the value of your investment. Further, the plan for deployment of the Net Proceeds has not been appraised by any bank or financial institution.

8. The company intend to utilise a portion of the Net Proceeds for funding its capital expenditure requirements of the Company. The company is yet to place orders for such capital expenditure materials.

9. If the company is not able to obtain, renew or maintain its statutory and regulatory licenses, registrations and approvals required to operate its business, it may have a material adverse effect on the company business, results of operations and financial condition.

10. Its Registered Office, its workshop and the company regional offices are located on premises which are not owned by it and has been obtained on lease basis. Disruption of its rights as licensee/ lessee or termination of the agreements with its licensors/ lessors would adversely impact the company operations and, consequently, its business, financial condition and results of operations.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

Veritaas Advertising Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-05-21 92871 VERITAAS
INE0SRI01019
₹114 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹114 ₹114
Open ₹0 ₹275
Low ₹0 ₹261.25
High ₹0 ₹288.75
Low ₹0 ₹261.25

Frequently Asked Questions

What is Veritaas Advertising Ltd IPO?

Answer Field

Veritaas Advertising Ltd IPO is a SME IPO of 7,44,000 equity shares of a face value of ₹10 aggregating up to ₹8.48 Crores. The issue is priced at ₹114 to ₹114 per share. The minimum order quantity is 1200 Shares. The IPO opens on May 13, 2024, and closes on May 15, 2024. Mas Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Veritaas Advertising Ltd IPO will open?

Answer Field

The Veritaas Advertising Ltd IPO opens on May 13, 2024 and closes on May 15, 2024.

What is the lot size of Veritaas Advertising Ltd?

Answer Field

Veritaas Advertising Ltd lot size is 1200 shares, and the minimum amount required is ₹1,36,800.

How to apply for Veritaas Advertising Ltd IPO?

Answer Field

You can apply in Veritaas Advertising Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Veritaas Advertising Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Veritaas Advertising Ltd IPO will be done on May 16, 2024, and the allotted shares will be credited to your demat account by May 17, 2024.

When is Veritaas Advertising Ltd IPO listing date?

Answer Field

The Veritaas Advertising Ltd listing date is May 21, 2024.

Who is the registrar of Veritaas Advertising Ltd IPO?

Answer Field

The registrar of Veritaas Advertising Ltd IPO is Mas Services Limited

Which company is the book-running lead manager of the IPO?

Answer Field

Horizon Management Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Veritaas Advertising Ltd IPO?

Answer Field

The fresh issue size is ₹8.48 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Veritaas Advertising Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 1200 shares and ₹1,36,800 amount.

How can I approve the UPI mandate request for Veritaas Advertising Ltd IPO?

Answer Field

To apply for Veritaas Advertising Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Veritaas Advertising Ltd?

Answer Field

The price of each Veritaas Advertising Ltd share will be ranging in between ₹114 to ₹114 per share.

What is the cut-off time for the UPI mandate for Veritaas Advertising Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, May 15, 2024.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • AFCONS INFRASTRUCTURE LIMITEDMainboard IPO

  • Issue Price

    463.00

  • Listing Day Close

    474.55

  • Listing Day (Gain/Loss)

    2.59

  • USHA FINANCIAL SERVICES LIMITEDSME IPO

  • Issue Price

    168.00

  • Listing Day Close

    155.85

  • Listing Day (Gain/Loss)

    -7.14

  • GODAVARI BIOREFINERIES LIMITEDMainboard IPO

  • Issue Price

    352.00

  • Listing Day Close

    342.85

  • Listing Day (Gain/Loss)

    -2.56

  • OBSC PERFECTION LIMITEDSME IPO

  • Issue Price

    100.00

  • Listing Day Close

    115.50

  • Listing Day (Gain/Loss)

    16.00

  • UNITED HEAT TRANSFER LIMITEDSME IPO

  • Issue Price

    59.00

  • Listing Day Close

    63.95

  • Listing Day (Gain/Loss)

    8.47

  • DANISH POWER LIMITEDSME IPO

  • Issue Price

    380.00

  • Listing Day Close

    598.50

  • Listing Day (Gain/Loss)

    57.63

  • DEEPAK BUILDERS AND ENGINEERS INDIA LIMITEDMainboard IPO

  • Issue Price

    203.00

  • Listing Day Close

    161.90

  • Listing Day (Gain/Loss)

    -20.20

  • PREMIUM PLAST LIMITEDSME IPO

  • Issue Price

    49.00

  • Listing Day Close

    48.90

  • Listing Day (Gain/Loss)

    0.00

  • WAAREE ENERGIES LIMITEDMainboard IPO

  • Issue Price

    1503.00

  • Listing Day Close

    2336.80

  • Listing Day (Gain/Loss)

    55.49

  • FRESHARA AGRO EXPORTS LIMITEDSME IPO

  • Issue Price

    116.00

  • Listing Day Close

    134.70

  • Listing Day (Gain/Loss)

    16.38

  • LAKSHYA POWERTECH LIMITEDSME IPO

  • Issue Price

    180.00

  • Listing Day Close

    359.10

  • Listing Day (Gain/Loss)

    99.44

  • HYUNDAI MOTOR INDIA LIMITEDMainboard IPO

  • Issue Price

    1960.00

  • Listing Day Close

    1820.40

  • Listing Day (Gain/Loss)

    -7.14

  • PRANIK LOGISTICS LIMITEDSME IPO

  • Issue Price

    77.00

  • Listing Day Close

    82.95

  • Listing Day (Gain/Loss)

    7.79

  • GARUDA CONSTRUCTION AND ENGINEERING LIMITEDMainboard IPO

  • Issue Price

    95.00

  • Listing Day Close

    106.83

  • Listing Day (Gain/Loss)

    12.63

  • SHIV TEXCHEM LIMITEDSME IPO

  • Issue Price

    166.00

  • Listing Day Close

    250.95

  • Listing Day (Gain/Loss)

    51.20

  • KHYATI GLOBAL VENTURES LIMITEDSME IPO

  • Issue Price

    99.00

  • Listing Day Close

    99.75

  • Listing Day (Gain/Loss)

    1.01

  • PARAMOUNT DYE TEC LIMITEDSME IPO

  • Issue Price

    117.00

  • Listing Day Close

    107.05

  • Listing Day (Gain/Loss)

    -8.55

  • SUBAM PAPERS LIMITEDSME IPO

  • Issue Price

    152.00

  • Listing Day Close

    149.10

  • Listing Day (Gain/Loss)

    -1.97

  • SAJ HOTELS LIMITEDSME IPO

  • Issue Price

    65.00

  • Listing Day Close

    52.45

  • Listing Day (Gain/Loss)

    -20.00

  • HVAX TECHNOLOGIES LIMITEDSME IPO

  • Issue Price

    458.00

  • Listing Day Close

    490.35

  • Listing Day (Gain/Loss)

    6.99

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs + Users

icon-with-text

4.8+ App Rating

icon-with-text

4 Languages

icon-with-text

₹5000+ Cr MTF Book

icon-with-text