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Veto Switchgears and Cables Limited logo

Veto Switchgears and Cables Limited IPO

SME IPOListedVETONSE
Current Market Price (CMP)
₹122.73(+145.46%)
Current Price (CMP)
₹122.73(+145.46%)

Live Market Quote

Listing Price & Gain
₹58(+16.00%)

Day 1 Exchange Open

IPO Issue Price
₹50

Band: ₹50

Total Subscription
1.56x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
03 Dec 2012
IPO Bidding Closes
05 Dec 2012
Allotment & Refunds
Completed
Exchange Listing Day
13 Dec 2012

IPO Subscription Status

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

Overall Demand: 1.56x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription1.56x
Updated as on null

Listing Day & Return Performance

Listing Day Gain+16.00%
₹50 (Issue) → ₹58 (List)
Per share profit: +₹8.00
Holding Return (Till Date)+145.46%
₹50 (Issue) → ₹122.73 (CMP)
Net gain per share: +₹72.73
Post-Listing Performance (Listing Day → Today):+111.60%

About Veto Switchgears and Cables Limited IPO

Veto Switchgears and Cables Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 03 Dec 2012 and concluded on 05 Dec 2012, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹50.

During the bidding window, Veto Switchgears and Cables Limited recorded an overall subscription of 1.56 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 Veto Switchgears and Cables Limited officially debuted on the stock exchanges on 13 Dec 2012 at an opening listing price of ₹58, delivering a listing day return of +16.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹122.73, representing an overall gain of +145.46% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Veto Switchgears and Cables Limited IPO?
The issue price of Veto Switchgears and Cables Limited IPO was fixed at ₹50 per equity share. The indicative bidding price band was ₹50.
What were the open, close, and listing dates for Veto Switchgears and Cables Limited IPO?
Veto Switchgears and Cables Limited IPO opened on 03 Dec 2012, closed on 05 Dec 2012, listed on 13 Dec 2012.
How much was Veto Switchgears and Cables Limited IPO subscribed?
The IPO received an overall subscription of 1.56 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Veto Switchgears and Cables Limited IPO?
Veto Switchgears and Cables Limited IPO listed on the stock exchange at ₹58, delivering a listing gain of 16.00% compared to the IPO issue price of ₹50.
Is Veto Switchgears and Cables Limited IPO a Mainboard or SME IPO?
Veto Switchgears and Cables Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Veto Switchgears and Cables Limited IPO since its IPO?
At the latest market quote of ₹122.73, Veto Switchgears and Cables Limited IPO has generated an all-time return of +145.46% since its initial public offering.

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