Veer Global IPO Details

Veer Global IPOVeer Global IPO description – Veer Global is a real estate developer, primarily focusing on development of residential projects in Vasai- Virar and Palghar district. It has over 9 years of experience in developing residential projects in the low-income affordable housing segment. Its projects primarily cater to affordable housing. As on 17 August 2020, the company has completed 5 projects and has 7 ongoing projects.

Promoters of Veer Global – Mr Vijaybhai Vagjibhai Bhanshali, Mrs Anita Bhanshali, Mr Vinod Mohanlal Jain, Mr Mukesh Chunilal Jain, Mr Abhishek Mukesh Jain, And Mr Priyank Chandrakant Parikh
Veer Global IPO details
Subscription Dates 30 September – 9 October 2020
Price Band INR28 per share
Fresh issue 1,756,000 shares (INR4.92 crore)
Offer For Sale Nil
Total IPO size 1,756,000 shares (INR4.92 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform

Veer Global’s financial performance (in INR lakh)

    FY2018 FY2019 FY2020
Revenue   233.3 1,007.5 862.6
Expenses   225.3 990.5 838.1
Net income   3.8 12.0 16.4

Registrar of Veer Global IPO

Purva Sharegistry India Private Limited
Unit no. 9, Shiv Shakti Industrial Estate,
JR Boricha Marg, Lower Parel (E)
Mumbai – 400 011

Phone: +91 22 2301 2518
Email[email protected]

Valuation of Veer Global IPO (FY2020)

Earnings Per Share (EPS): INR0.46
Price/Earnings (PE ratio): 60.87
Return on Net Worth (RONW): 1.58% Net Asset Value (NAV): INR21.89 per share

Veer Global IPO Subscription Details

Day Subscription (no. of times)
Day 1


Day 2


Day 3


Day 4


Day 5


Day 6


Day 7


Veer Global Contact Details

Veer Global Infraconstruction Limited
Shop No 47 Shalibhadra Regency Shalibhadra Nagar, 100 Feet Road,
Behind Union Bank, Nalasopara (E),
Thane-401 209
Phone: +91 8484817311
Email: [email protected]

Veer Global IPO Allotment Status

Veer Global IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status. 

Listing Performance of Veer Global

IPO Opening Date: 30 September 2020
IPO Closing Date: 9 October 2020
Finalisation of Basis of Allotment: 14 October 2020
Initiation of refunds: 15 October 2020
Transfer of shares to demat accounts
: 16 October 2020
Listing Date
: 19 October 2020
Opening Price on BSE SME: INR31 per share (up 10.71% from IPO price)
Closing Price on BSE SME: INR29.5 per share (up 5.36% from IPO price)


Please enter your comment!
Please enter your name here

Brokerage-free IPO Investing with India's #1 Broker