IPO

IPO Synopsis
Veekayem Fashion & Apparels Ltd
Registered Office: 113 Udyog Bhavan Sharma Inds.,Estate Walghat Rd Goregaon (E) , Mumbai - 400063 , Maharashtra , India.
Phone : 91-22-40351481   Fax:
Email :  cs@vkmgroups.biz  
Website :  www.vkmgroups.com
Initial public offer of 15,84,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Veekayem Fashion and Apparels Limited (the "Company" or "VFAL" or "Issuer") at an issue price of Rs. 28/- per equity share (including a share premium of Rs. 18/- per equity share) for cash, aggregating Rs. 4.44 crores ("Public Issue") out of which 80,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 28/- per equity share for cash, aggregating Rs. 0. 22 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 15, 04,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 28/- per equity share for cash, aggregating Rs. 4.21 crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 26.96% and 25.60% respectively of the postissue paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
05-Aug-22 11-Aug-22 Rs28.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000

  Rs Cr Lead Managers to the Issue
Project Cost 4.01
GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 4.44  
Post Issue Equity Share Capital 5.88  
Issue Price Rs28.00  
 
Projects
Funding the working capital requirements of the companyGeneral corporate purposes
Promoted By
Krishnakant Gupta
Vijaykumar Gupta
Madanlal Gupta
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd