Veritaas Advertising Limited
ListedSMEAdvertising & Media Services · NSE
Founded in 2018, Veritas Advertising Limited is a leading advertising agency offering a wide range of services across multiple platforms. With a strong presence in West Bengal, Guwahati, and Shillong, along with operations in Delhi, Mumbai, and Pune, the company is among the few agencies that own media spaces, providing a premium advertising ecosystem. Veritas specializes in brand strategy, events, and outdoor media, delivering impactful advertising solutions like police booth hoardings, newspaper insertions, brochures, and outdoor billboards. Their services help businesses enhance brand presence, boost visibility, engage target audiences, and drive sales. With a prestigious client list that includes TVS, Honda, Ultratech Cement, and ITC Limited, the company has established a strong industry reputation. As of January 31, 2024, a team of 71 dedicated professionals ensures high-quality, tailored advertising solutions to meet diverse client needs.
Price Band
₹109 – ₹114
Issue Size
₹8.48 Cr
Lot Size
1200 shares
GMP
₹145
+127.2%
Est. Listing
₹259
at current GMP
Subscribed
621.69x
overall
Open
13 May 2024
Close
15 May 2024
Allotment
16 May 2024
Refund
17 May 2024
Demat Credit
18 May 2024
Listing
21 May 2024
Last updated 12 days ago
Live Grey Market Premium
Veritaas Advertising Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹145+127.2%
Issue Price (Upper)
₹114
Band: ₹109 – ₹114
Estimated Listing Price
₹259
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,36,800
Estimated Profit / Lot
₹1,74,000
1200 × ₹145
Veritaas Advertising Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹145
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹145 | 127.2% | ₹259 |
| 30 Oct 2026 | +₹145 | 127.2% | ₹259 |
| 29 Oct 2026 | +₹131 | 114.5% | ₹245 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Veritaas Advertising Limited Public Issue & Market Profile
Veritaas Advertising Limited is bringing an initial public offering (IPO) in the Advertising & Media Services sector with an aggregate issue size of ₹8.48 Crores. The shares are offered at a price band of ₹109 to ₹114 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2024-05-15, the basis of allotment is scheduled to be finalized on 2024-05-16. 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 (Mas Services Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Veritaas Advertising Limited IPO GMP today?
The latest grey market premium for Veritaas Advertising Limited IPO is ₹145, which indicates an expected listing price of ₹259.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.