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Veritaas Advertising Limited logo

Veritaas Advertising Limited IPO

SME IPOListedVERITAASNSE
Current Market Price (CMP)
₹137(+20.18%)
Current Price (CMP)
₹137(+20.18%)

Live Market Quote

Listing Price & Gain
₹275(+141.23%)

Day 1 Exchange Open

IPO Issue Price
₹114

Band: ₹109 - ₹114

Total Subscription
581.4x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
13 May 2024
IPO Bidding Closes
15 May 2024
Allotment & Refunds
Completed
Exchange Listing Day
21 May 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 581.4x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription581.4x
Updated as on 15-May-2024 18:21:00

Listing Day & Return Performance

Listing Day Gain+141.23%
₹114 (Issue) → ₹275 (List)
Per share profit: +₹161.00
Holding Return (Till Date)+20.18%
₹114 (Issue) → ₹137 (CMP)
Net gain per share: +₹23.00
Post-Listing Performance (Listing Day → Today):-50.18%

About Veritaas Advertising Limited IPO

Veritaas Advertising Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 13 May 2024 and concluded on 15 May 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹109 - ₹114.

During the bidding window, Veritaas Advertising Limited witnessed heavy demand with an overall subscription of 581.4 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Veritaas Advertising Limited officially debuted on the stock exchanges on 21 May 2024 at an opening listing price of ₹275, delivering a listing day return of +141.23% (premium) over the final issue price. As per the latest market data, the stock trades at ₹137, representing an overall gain of +20.18% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Veritaas Advertising Limited IPO?
The issue price of Veritaas Advertising Limited IPO was fixed at ₹114 per equity share. The indicative bidding price band was ₹109 - ₹114.
What were the open, close, and listing dates for Veritaas Advertising Limited IPO?
Veritaas Advertising Limited IPO opened on 13 May 2024, closed on 15 May 2024, listed on 21 May 2024.
How much was Veritaas Advertising Limited IPO subscribed?
The IPO received an overall subscription of 581.4 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Veritaas Advertising Limited IPO?
Veritaas Advertising Limited IPO listed on the stock exchange at ₹275, delivering a listing gain of 141.23% compared to the IPO issue price of ₹114.
Is Veritaas Advertising Limited IPO a Mainboard or SME IPO?
Veritaas Advertising Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Veritaas Advertising Limited IPO since its IPO?
At the latest market quote of ₹137, Veritaas Advertising Limited IPO has generated an all-time return of +20.18% since its initial public offering.

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