Veritaas Advertising IPO Subscription Details

Bookbuilding IPO | ₹8 Cr | Listed at NSE SME | Mon, May 13, 2024 - Wed, May 15, 2024

Basis of Allotment - Veritaas Advertising IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)1,77,6001,74,0003,51,6001,06,8002,48,4007,06,800
Allotment price (Rs.)114114114114114114
No.of applications4524713,1042,01,4262,14,577
No.of shares applied1,73,26,8001,74,0001,75,00,8006,80,54,40024,17,11,20032,72,66,400
Amount collected (Rs.cr.)197.53 1.98 199.51 775.82 2,755.51 3,730.84
No.of times subscribed97.561.0049.77637.21973.07463.03
No.of shares allotted1,77,6001,74,0003,51,6001,06,8002,48,4007,06,800
Amount (Rs.cr.)2.02 1.98 4.01 1.22 2.83 8.06
No.of allottees0220207209

IPO Shares Offered

Veritaas Advertising IPO is a public issue of 0.07 Cr equity shares. The issue offers 0.02 Cr shares to retail investors, 0.04 Cr shares to qualified institutional buyers, and 0.01 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker37,2000.42 5.00%
QIB 3,51,6004.01 47.26%
    Anchor 1,74,000 1.98 23.39%
    QIB (Ex Anchor) 1,77,600 2.02 23.87%
NII* 1,06,8001.22 14.35%
Retail2,48,4002.83 33.39%
Total7,44,0008.48 100%

Veritaas Advertising IPO Anchor Investor Allocation

A total of 1,74,000 shares at a price of Rs 114 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMay 10, 2024
Anchor investor price₹114.00
Anchor investors as % of QIBs49.49%
No. of shares locked-in for 30 days87,000
No. of shares locked-in for 90 days87,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 ASTRONE CAPITAL VCC ASTRONE CAPITAL 1,02,000 1.16 58.62 13.71
2 CHANAKYA OPPORTUNITIES FUND CHANAKYA 72,000 0.82 41.38 9.68
1,74,0001.9810023.39

IPO Subscription FAQs

The Veritaas Advertising IPO is subscribed 621.62 times by May 15, 2024 18:19.

Veritaas Advertising IPO Subscription

Investor Category Subscription (times)
Qualified Institutional102.41
Non Institutional629.56
Retail Individual989.44
Total Subscription621.62

Retail category of Veritaas Advertising IPO subscribed 989.44 times as of date May 15, 2024 18:19. The public issue closes on Wed, May 15, 2024 for bidding.

An investor can apply in Veritaas Advertising IPO online via bank (using ASBA) or the broker (using UPI). The Veritaas Advertising IPO shares are offered online only.

The Veritaas Advertising IPO is subscribed 621.62 times by May 15, 2024 18:19.

The Veritaas Advertising IPO allotment status is expected on or around Thursday, May 16, 2024. Visit Veritaas Advertising IPO allotment status to check.

The Veritaas Advertising IPO listing date is May 21, 2024. The equity share of Veritaas Advertising IPO will list on NSE SME.

Visit Veritaas Advertising IPO subscription status page for real-time bidding information about Veritaas Advertising IPO.

Veritaas Advertising IPO Timetable

IPO opens OnMonday, May 13, 2024
IPO Closes OnWednesday, May 15, 2024
Finalisation of Basis of AllotmentThursday, May 16, 2024
Initiation of RefundsFriday, May 17, 2024
Credit of Shares to Demat AccountFriday, May 17, 2024
IPO Listing DateTuesday, May 21, 2024
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