Fixed Price IPO | ₹17 Cr | Listed at NSE SME | Tue, Nov 14, 2017 - Thu, Nov 16, 2017
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 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 Open
Tue, Nov 14, 2017
IPO Close
Thu, Nov 16, 2017
Issue Price
₹108 per share
Market Cap (Pre-IPO)
₹64.64 Cr
| IPO Date | 14 to 16 Nov, 2017 |
| Listed on | Fri, Nov 24, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹108 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 15,84,000 shares (agg. up to ₹17 Cr) |
| Reserved for Market Maker | 79,200 shares Guiness Securities Ltd. (agg. up to ₹0.8554 Cr) |
| Fresh Issue (Ex Market Maker) | 15,04,800 shares (agg. up to ₹16 Cr) |
| Net Offered to Public | 15,04,800 shares (agg. up to ₹16 Cr) |
| Share Holding Pre Issue | 44,01,000 shares |
| Share Holding Post Issue | 59,85,000 shares |
| NSE Symbol | VERTOZ |
| ISIN | INE188Y01015 |
Vertoz Advertising IPO comprises a total issue size of 15,84,000 shares. The net offer to the public is 15,04,800 shares, after excluding 79,200 shares allotted on a firm basis. Of the Net offer 7,52,400 (50.00%) allocated to NII 7,52,400 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,52,400 | 50.00% | 47.50% |
| Retail Shares Offered | 7,52,400 | 50.00% | 47.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 79,200 | 5.00% | |
| Total Shares Offered | 15,84,000 | 100.00% | 100.00% |
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
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Offer Management fees including payment to intermediaries such as Lead Manager, Registrars, Legal Advisors and other out of pocket expenses, Underwriting Commission, Selling Commission and Processing Fees to SCSBs and other intermediaries, Advertisement, Printing & Stationery, Marketing Expenses, etc | 0.41 |
| 2 | Regulatory (NSE, NSDL, CDSL) | 0.05 |
| 3 | Market Making fees (1st year) | 0.03 |
| 4 | Other miscellaneous Expenses | 0.03 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹108.00 |
| Open | ₹113.00 |
| Low | ₹113.00 |
| High | ₹129.60 |
| Last Trade | ₹129.60 |
Lead Manager Reports
Vertoz Advertising IPO is a SME IPO of 15,84,000 equity shares of the face value of ₹10 aggregating up to ₹17 Crores. The issue is priced at ₹108 per share. The minimum order quantity is .
The IPO opens on Tue, Nov 14, 2017, and closes on Thu, Nov 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 Tue, Nov 14, 2017 and closes on Thu, Nov 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 Fri, Nov 24, 2017.
