NSE - SMEListed
Veritaas Advertising Limited
Company websiteVeritaas Advertising Limited plans to raise ₹7,44,000 crore via IPO. That includes a fresh infusion of ₹7,44,000 crore and an OFS worth ₹0 crore.
Apply from 13-05-2024 until 15-05-2024. Allotment and tentative listing are scheduled for 16-05-2024 and 21-05-2024. Quick tip: check lot size and valuation before bidding.
Start Date13-05-2024
End Date15-05-2024
Listing Date21-05-2024
Allotment Date16-05-2024
Current Price₹275
GMP₹145 (127.19%)
Lot Size1200 Shares
Subscription621.69 Times
Face Value₹10 Per Equity Share
Listing atNSE
Issue Price₹109 - ₹114
Pre Issue₹20,79,000
Post Issue₹28,23,000
Issue Size₹7,44,000
(aggregating up to 8.48 Cr)
(aggregating up to 8.48 Cr)
Fresh Issue₹7,44,000
(aggregating up to 8.48 Cr)
(aggregating up to 8.48 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for Veritaas Advertising Limited is currently around ₹145 (127.19%). This indicates an estimated listing price of approximately ₹254 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
26 Nov 2025, 10:24 | ₹114 | ₹145 | ₹259 (127.19%) |
18 Nov 2025, 11:18 | ₹114 | ₹145 | ₹259 (127.19%) |
14 Nov 2025, 11:48 | ₹114 | ₹145 | ₹259 (127.19%) |
10 Nov 2025, 09:49 | ₹114 | ₹145 | ₹259 (127.19%) |
10 Mar 2025, 07:43 | ₹114 | ₹145 | ₹259 (127.19%) |
Financials overview In Lakhs
Here is a quick look at the recent financial performance of Veritaas Advertising Limited . The numbers below ( In Lakhs ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Feb-24 | Mar-23 | Mar-22 |
|---|---|---|---|
EPS | 8.11 | 2.27 | 0.65 |
ROE | 44.24 | 48.99 | 27.52 |
ROCE | 39.65 | 36.06 | 15.87 |
RONW | 44.23 | 48.99 | 27.52 |
PRE IPO(PE) | 6.69 | 0 | 0 |
POST IPO(PE) | 54 | 0 | 0 |
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹2.02 | 207.33 | 102.64 |
RETAIL | ₹2.83 | 2801.86 | 990.06 |
Total | ₹4.85 | 3009.19 | 620.45 |
The IPO reservation for Veritaas Advertising Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
RETAIL | 33.39% | 2,48,400 |
NII (HNI) | 14.35% | 1,06,800 |
Anchor | 23.39% | 1,74,000 |
QIB | 23.87% | 1,77,600 |
Market Maker | 5.00% | 37,200 |
TOTAL | 100.00% | 7,44,000 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 1,200 | ₹1,36,800 | |
HNI | 2 | 2,400 | ₹2,73,600 |
Below you can find the official contact details of Veritaas Advertising Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: info@veritaasadvertising.com
Phone: +91 33 4044 6683
Website: http://www.veritaasadvertising.com/
Address: 38/2A, Gariahat South Road, Dhakuria, Rash Behari Avenue, Kolkata - 700 029
IPO Registrar
Name: Mas Services Limited
Phone: (011) 2610 4142
Email: ipo@masserv.com
Website: https://www.masserv.com/opt.asp