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Vertoz Advertising IPO is a fixed price issue of ₹17.11 crores. The issue is entirely a fresh issue of 0.16 crore shares of ₹17.11 crore.
Vertoz Advertising IPO bidding started from Nov 14, 2017 and ended on Nov 16, 2017. The shares got listed on NSE SME on Nov 24, 2017.
Vertoz Advertising IPO price is ₹108.00 per share .
Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Guiness Securities Ltd..
Refer to Vertoz Advertising IPO RHP for detailed Information.
| IPO Date | November 14, 2017 to November 16, 2017 |
| Listing Date | November 24, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹108 per share |
| Lot Size | |
| Sale Type | Fresh Capital |
| Total Issue Size | 15,84,000 shares (aggregating up to ₹17.11 Cr) |
| Reserved for Market Maker | 79,200 shares Guiness Securities Ltd. (aggregating up to ₹0.8554 Cr) |
| Net Offered to Public | 15,04,800 shares (aggregating up to ₹16.25 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 44,01,000 shares |
| Share Holding Post Issue | 59,85,000 shares |
Vertoz Advertising IPO offers total 15,84,000 shares. Out of which 7,52,400 (47.50%) allocated to NII, 7,52,400 (47.50%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 79,200 (5.00%) |
| NII (HNI) Shares Offered | 7,52,400 (47.50%) |
| Retail Shares Offered | 7,52,400 (47.50%) |
| Total Shares Offered | 15,84,000 (100.00%) |
Vertoz Advertising IPO opens on November 14, 2017, and closes on November 16, 2017.
| IPO Open Date | Tue, Nov 14, 2017 |
| IPO Close Date | Thu, Nov 16, 2017 |
| Tentative Listing Date | Fri, Nov 24, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Nov 16, 2017 |
Incorporated in 2012, Vertoz Advertising Ltd is a programmatic advertising company that offers engaging and innovative advertising and monetization solutions which replaces the traditional methods of media buying and selling of advertisement.
Vertoz has proprietary technology, advanced capabilities and programmatic platform (Ingenious Plex) is a highly scalable software platform that powers and optimizes the marketplace for the real-time trading of digital advertising inventory between advertisers and publishers. Vertoz generate revenue from advertisers and publishers who use our solution for the purchase and sale of advertising inventory respectively.
Company has offices in US, UK and UAE through its subsidiaries. Company has 115 employees.
Competitive Strengths
• Experienced promoters and efficient technical personnel:
• Customer focused
• Proprietary, data-driven understanding of consumer intent and behavior
• Keeping up changing technology trends
• Scalable business model
• Brand safety
The Company Vertoz Advertising IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 4.00 |
| 2 | Funding of working capital requirements of our Subsidiaries Vertoz Inc. and Vertoz Limited | 9.00 |
| 3 | General Corporate Expenses | 3.66 |
| 4 | Issue Expenses | 0.45 |
[Dilip Davda] Considering track record, issue pricing and the prospects for the advertising sector in digital India, investment may be considered for medium to long term. (Subscribe) Read detail review...
| Listing Date | November 24, 2017 |
| BSE Script Code | |
| NSE Symbol | VERTOZ |
| ISIN | INE188Y01015 |
| Final Issue Price | ₹108 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹108.00 |
| Open | ₹113.00 |
| Low | ₹113.00 |
| High | ₹129.60 |
| Last Trade | ₹129.60 |
Vertoz Advertising Ltd.
602, Avior, Nirmal Galaxy L.B.S. Marg,
opp. Johnson & Johnson,
Mulund (west),
Mulund, Maharashtra, 400080
Phone: + 91-22-61426030
Email: compliance@vertoz.com
Website: https://www.vertoz.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://ipostatus.kfintech.com/
Vertoz Advertising IPO is a SME IPO of 15,84,000 equity shares of the face value of ₹10 aggregating up to ₹17.11 Crores. The issue is priced at ₹108 per share. The minimum order quantity is .
The IPO opens on November 14, 2017, and closes on November 16, 2017.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Vertoz Advertising IPO using UPI as a payment gateway. Zerodha customers can apply in Vertoz Advertising IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vertoz Advertising IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vertoz Advertising IPO opens on November 14, 2017 and closes on November 16, 2017.
Vertoz Advertising IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Vertoz Advertising IPO online using either UPI or ASBA as a 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. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Vertoz Advertising IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vertoz Advertising IPO allotment status.
The Vertoz Advertising IPO listing date is on Friday, November 24, 2017.
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