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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 792,857 | — | 0.00x |
| Non-Institutional (NII / HNI) | 237,857 | — | 0.00x |
| Retail Individual (RII) | 555,000 | — | 0.00x |
| Total | 1,585,714 | 0 | 0.00x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 139 | 139 | 1.00x |
| HNIs (10L +) | 1 | 1 | 1.00x |
| HNIs (2-10L) | 4 | 4 | 1.00x |
| Total Applications | 144 | 144 | 1.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is Veekayem Fashion and Apparels Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Veekayem Fashion and Apparels Limited IPO is ₹20 per equity share. Based on the upper price band of ₹28 to ₹28 per equity share, the estimated listing price is ₹48 (+71.4% expected listing gain).
What is the expected profit per lot for Veekayem Fashion and Apparels Limited IPO?
With a lot size of 4000 shares and current GMP of ₹20, the expected profit per application lot is approx ₹80,000 (+71.4% gain). Minimum application cost is approx ₹1,12,000.
What is the issue size and price band for Veekayem Fashion and Apparels Limited IPO?
The Veekayem Fashion and Apparels Limited IPO aggregate issue size is ₹4.44 Crores with an equity price band set at ₹28 to ₹28 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,12,000.
How can I check Veekayem Fashion and Apparels Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Veekayem Fashion and Apparels Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (KFin Technologies Limited) and the BSE status verification website on or around 2022-08-18. Investors can verify status using PAN card or application number.
When is the listing date for Veekayem Fashion and Apparels Limited IPO?
Veekayem Fashion and Apparels Limited shares are scheduled to list on NSE on 2022-08-22.