Veer Global Infraconstruction Limited

Veer Global Infraconstruction Limited IPO Details

Veer Global Infraconstruction Limited IPO Subscription From 30th September To 9th October 2020:

To begin with, Veer Global Infraconstruction Limited was embodied in 2012, and located in Mumbai. As well as, it is a real-estate developer company. However, the IPO subscription period will start on 30th September and it will close on 9th October 2020.

IPO Details:

Bid Period  30th September to 9th October 2020
IPO Type Fixed Price Issue IPO
IPO Size 17,56,000 equity shares of Rs. 10 (aggregating up to Rs. 4.92 Cr)
Face Value Rs. 10 per equity share
IPO Price Rs. 28 per equity share
Market Lot 4,000 shares
Minimum Order Quantity 4,000 shares
Listing At BSE SME

Whereas, the company introduced a ‘Fixed Price Issue‘ type initial public offering with the face value of Rs. 10 per equity share. Similarly, the price band of the issue is Rs. 28 per equity share. Furthermore, the company provided the IPO size of 17,56,000 equity shares worth Rs. 4.92 Cr.

Furthermore, the market lot and the minimum order quantity is 4,000 shares per each. Also, If any investor should invest in this company with a minimum investment amount of Rs. 1,12,000 (1 lot = 4,000 shares).

Veer Global Infraconstruction Limited Promoters Holding:

Significantly, the promoters of the company are Mr Vijaybhai Vagjibhai Bhanshali, Mrs Anita Bhanshali, Mr Vinod Mohanlal Jain, Mr Mukesh Chunilal Jain, Mr Abhishek Mukesh Jain, and also Mr Priyank Chandrakant Parikh. 

Pre Issue Share Holding 85.40%
Post Issue Share Holding  

Although, the objective of the company, it plans to utilize the IPO raised the amount for funding working capital requirement and general corporate purpose. Moreover, the company shares will list on the BSE SME.

IPO Registrar:

Purva Sharegistry India Pvt Ltd.

Shiv Shakti Industrial Estate, JR Borica Marg,

Lower Parel (East), Mumbai-400 011.

Phone: +91-022-2301 8261

Email: [email protected]


Disclaimer: Whereas, this post is just information about the IPO. Besides, it does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.

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