Veritaas Advertising IPO
ListedVeritaas Advertising IPO Details
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Bidding Date
10-May-2024 to
15-May-2024 -
Issue Size
₹8.48 Cr
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Price Band
₹109 to ₹114
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Allotment date
17-May-2024
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Listing date
21-May-2024
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Lot size
1200
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No. of shares
7,44,000
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Fresh issue/OFS
₹8.48 Cr /--
About Veritaas Advertising Company
Veritaas Advertising Ltd, founded as an integrated advertising agency in 2018, has been operational since its inception, offering comprehensive 360-degree advertising services across various platforms. Their core business revolves around providing end-to-end advertising solutions to the clients, leveraging multiple platforms to enhance brand visibility and reach. Their services encompass various offline platforms, including police booth advertisements, outdoor hoardings, newspaper insertions, brochures, and display advertising. The company owns advertisement spaces in key locations, particularly in West Bengal, Guwahati, and Shillong, enabling them to provide integrated services and reduce dependence on third-party vendors. With a market presence in states like West Bengal, Meghalaya, Assam, Delhi, Jharkhand, Mumbai, and Pune, Veritaas Advertising has strategically positioned itself to cater to diverse geographical regions.
Subscription Status
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Category
Status
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QIBs
--
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NIIs
--
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Retail
--
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Others
--
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Total
445.2x
FAQs for Veritaas Advertising IPO.
What is the issue size of Veritaas Advertising IPO?
The issue size of Veritaas Advertising is ₹8.48 Cr.
What is the industry of Veritaas Advertising?
Veritaas Advertising falls into Advertising & Marketing industry.
Where Veritaas Advertising IPO will be listed?
The Veritaas Advertising IPO will be listed on BSE.
What are the open and close dates for the Veritaas Advertising IPO?
The open and close dates for the Veritaas Advertising are 10-May-2024 & 15-May-2024.
What are the price band for Veritaas Advertising IPO?
The price band for the Veritaas Advertising ipo is ₹109 to ₹114
What is the listing date of Veritaas Advertising IPO?
The listing date of Veritaas Advertising IPO is 21-May-2024.
What is the purpose for the Veritaas Advertising IPO?
The purpose of this IPO is to raise fresh capital.
How much times Veritaas Advertising IPO subscribed?
Veritaas Advertising total subscription ratio is 445.2X.
What are the key financials for the Veritaas Advertising IPO?
Key financial of the Veritaas Advertising are:
| Veritaas Advertising | FY-24 | FY-23 | FY-22 | FY-21 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 10.35 | 7.75 | 3.37 | 2.3 |
| EBIT (₹ Cr) | 2.63 | 0.69 | 0.17 | 0.22 |
| Proft after Tax (₹ Cr) | 1.7 | 0.43 | 0.13 | 0.2 |
| Debt (₹ Cr) | 2.17 | 1.34 | 0.75 | 0 |
| Net Worth (₹ Cr) | 3.66 | 0.88 | 0.46 | 0.25 |
| RoE (%) | 46.4 | 48.7 | 27.52 | 80 |