Veekayem Fashion and Apparels Limited
ListedSMETextiles & Apparels · NSE
Incorporated in 1985, Veekayem Fashion and Apparels Limited is engaged in weaving and garment manufacturing, offering a diverse product portfolio across two main categories: textiles—producing Greige Fabrics such as 100% Cotton (Lycra and Non-Lycra), Giza, Supima, Chief Value Cotton, Polyester Cotton, Yarn-Dyed Cotton, Polyester Viscose, Terry Rayon Suiting, and Mock Linen—and garments, manufacturing a wide range of men’s and women’s readymade apparel including formal and cotton shirts, trousers, joggers, shorts, pyjamas, and Bermuda. The company operates a fully equipped manufacturing facility in Umargaon, Gujarat, with automated machinery capable of producing 5,00,000 meters of fabric and 1,50,000 readymade garments per month.
Price Band
₹28
Issue Size
₹4.44 Cr
Lot Size
4000 shares
GMP
₹20
+71.4%
Est. Listing
₹48
at current GMP
Subscribed
—
Open
5 Aug 2022
Close
11 Aug 2022
Allotment
18 Aug 2022
Refund
19 Aug 2022
Demat Credit
20 Aug 2022
Listing
22 Aug 2022
Last updated 12 days ago
Official Registrar Verification
Veekayem Fashion and Apparels Limited Allotment Status
Designated Registrar: KFin Technologies Limited
Allotment Date
18 Aug 2022
Basis finalization
Refunds Initiate
19 Aug 2022
Mandate release
Demat Credit
20 Aug 2022
Shares in demat
Listing Debut
22 Aug 2022
Trading begins
How to Check Veekayem Fashion and Apparels Limited IPO Allotment Status
- Click the Check on Registrar button above to visit KFin Technologies Limited's allotment portal.
- Select Veekayem Fashion and Apparels Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Veekayem Fashion and Apparels Limited Public Issue & Market Profile
Veekayem Fashion and Apparels Limited is bringing an initial public offering (IPO) in the Textiles & Apparels sector with an aggregate issue size of ₹4.44 Crores. The shares are offered at a price band of ₹28 to ₹28 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2022-08-11, the basis of allotment is scheduled to be finalized on 2022-08-18. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (KFin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.