Veekayem Fashion IPO GMP, Review, Price, Allotment


Last updated on August 30, 2022

Veekayem Fashion IPO GMP

Veekayem Fashion IPO description – The company was incorporated in 1985 and is engaged in the business of weaving and garment manufacturing. The company’s business is organized in two main product categories:

Textile: It manufactures grey cloths including polyester / viscos, polyester cotton, 100 % Cotton, 100 % Linen, 100 % Wool and Lycra Fabrics through weaving process.

Garments: It manufactures all types of readymade garments for men and women. The broad categories include formal shirts, cotton shirts, formal trousers, cotton trousers, cotton joggers, cotton shorts, pajamas and bermuda.

It operates from its registered office located in Mumbai City, Maharashtra and its manufacturing facility is situated at Umargaon in the state of Gujarat. The manufacturing facility is installed with automated machinery capable of manufacturing 5,00,000 meters of fabric per month and 1,50,000 pcs of readymade garments per month. The company also has a testing facility within the premises of manufacturing units.

Promoters of Veekayem Fashion – Krishankant Gupta, Vijaykumar Gupta and
Madanlal Gupta

Veekayem Fashion IPO Details

Subscription Dates5 – 11 August 2022
Price BandINR 28 per share
Fresh issue15,84,000 shares (INR4.44 crore)
Offer For SaleNil
Total IPO size15,84,000 shares (INR4.44 crore)
Minimum bid (lot size)4,000 shares
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE Emerge

Veekayem Fashion Financial Performance

Revenue215.71 76.71149.47
Expenses214.15 76.19147.94
Net income 1.090.351.89
Figures in INR crore unless specified otherwise

Veekayem Fashion Offer News

Veekayem Fashion Valuations & Margins

PE ratio11.0234.156.37
RONW (%)3.801.216.09
EBITDA (%)4.8312.586.91

Veekayem Fashion IPO GMP Daily Trend

DateVeekayem Fashion IPO GMPKostakSubject to Sauda

Veekayem Fashion IPO Subscription – Live Updates

Shares Offered7,92,0007,92,00015,84,000
Day 21.6432.7817.21
Day 344.04107.5975.81
Day 4355.85247.09301.47
Subscription figures in number of times, at 5 PM

Veekayem Fashion IPO Lead Manager

GYR Capital Advisors Private Limited
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej,
Ahmedabad -380 054,
Gujarat, India.
Phone : +91 87775 64648
E-mail: [email protected]

Veekayem Fashion Offer Registrar

KFin Technologies Limited
Selenium Tower-B,
Plot 31 & 32,
Financial District,
Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]

Veekayem Fashion IPO Contact Details

Veekayem Fashion & Apparels Limited
Anandlok Building, Block-A : 113,
Udyog Bhavan, Sharma Ind. Estate,
Walghat Road, Goregaon East,
Mumbai, Maharashtra, India – 400 063;
Phone: +91 22 4035 1481
Email: [email protected]

Veekayem Fashion IPO Allotment Status

Veekayem Fashion IPO allotment is now available on KFin Technologies’ website. Click on this link to get allotment status.

Veekayem Fashion IPO Timetable

IPO Opening Date 5 August 2022
IPO Closing Date11 August 2022
Finalisation of Basis of Allotment17 August 2022
Initiation of refunds18 August 2022
Transfer of shares to demat accounts19 August 2022
Listing Date22 August 2022
Opening Price on NSE SMEINR49.9 per share (up 78.21% from IPO price)
Closing Price on NSE SMEINR50 per share (up 78.57% from IPO price)

Veekayem Fashion IPO FAQs

What is Veekayem Fashion offer size?

Veekayem Fashion offer size is INR4.44 crore.

What is Veekayem Fashion IPO Price Band?

Veekayem Fashion public offer price is INR 28 per share.

What is the lot size of Veekayem Fashion IPO?

Veekayem Fashion offer lot size is 4,000 shares.

What is Veekayem Fashion IPO GMP today?

Veekayem Fashion IPO GMP today is NA per share.

What is Veekayem Fashion kostak rate today?

Veekayem Fashion kostak rate today is NA per application.

What is Veekayem Fashion Subject to Sauda rate today?

Veekayem Fashion Subject to Sauda rate today is NA per application.


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