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Veekayem Fashion & Apparels Ltd

Veekayem Fashion & Apparels Ltd

    Registered Office : 113 Udyog Bhavan Sharma Inds.,Estate Walghat Rd Goregaon (E),Mumbai Maharashtra 400063 Phone : 91-22-40351481
    Fax :

    Email : cs@vkmgroups.biz

    Website : www.vkmgroups.com

Initial public offer of 15,84,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Veekayem Fashion and Apparels Limited (the "Company" or "VFAL" or "Issuer") at an issue price of Rs. 28/- per equity share (including a share premium of Rs. 18/- per equity share) for cash, aggregating Rs. 4.44 crores ("Public Issue") out of which 80,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 28/- per equity share for cash, aggregating Rs. 0. 22 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 15, 04,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 28/- per equity share for cash, aggregating Rs. 4.21 crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 26.96% and 25.60% respectively of the postissue paid-up equity share capital of the company.

Issue

Opens On

Closes On

05-Aug-2022

11-Aug-2022

Money Payable On

Application

Allotment

28.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

4.01

4.44

5.88

28.00

GYR Capital Advisors Pvt Ltd

Projects
  • Funding the working capital requirements of the company
  • General corporate purposes
Promoted By
  • Krishnakant Gupta
  • Vijaykumar Gupta
  • Madanlal Gupta
Listing At
  • NSE - SME
Registrar to the Issue
  • KFin Techologies Ltd