31 Mar 2019
Assets117.89
Total Income203.17
Profit After Tax2.28
NET Worth29.73
Reserves and Surplus23.31
At a glance
Updated 2026-09-18The shares listed at ₹49.90, a 78.21% move from the issue price. Veekayem Fashion and Apparels is a SME IPO with an issue size of ₹4.44 crore, proposed for listing on NSE SME. The offer opens on 5th Aug 2022 and closes on 11th Aug 2022. The issue structure includes a fresh issue of ₹4.21 crore. The current listing schedule points to 22nd Aug 2022.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹4.44 Cr
Fresh issue₹4.21 Cr
Face value₹10
Price band—–—
Allotment17th Aug 2022
Listing22nd Aug 2022
Listing performance
Full performance ↗Issue price₹28.00
Listing price₹49.90
Current price—
Listing gain78.21%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹28.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens5th Aug 2022
Closes11th Aug 2022
Allotment17th Aug 2022
Refund18th Aug 2022
Demat19th Aug 2022
Listing22nd Aug 2022
Subscription demand
Full bidding ↗Total301.47×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 4000 | — |
Company
Incorporated1985
Use of proceeds
| Object | Amount |
|---|---|
| Funding the working capital requirements of the company | ₹4.00 Cr |
| General Corporate Purposes | ₹0.01 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue149.47₹ Cr · +94.9% vs prior year
PAT1.89₹ Cr · +440.0% vs prior year
Assets132.67₹ Cr · +7.4% vs prior year
Net Worth30.95₹ Cr · +6.5% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2020
Assets120.90
Total Income215.71
Profit After Tax1.09
NET Worth28.70
Reserves and Surplus24.40
31 Mar 2021
Assets123.52
Total Income76.70
Profit After Tax0.35
NET Worth29.05
Reserves and Surplus24.76
31 Mar 2022
Assets132.67
Total Income149.47
Profit After Tax1.89
NET Worth30.95
Reserves and Surplus26.66
KPIs
| KPI |
|---|
| RoNW |
Valuation & shareholding
Pre-IPO EPS4.39
Pre-IPO P/E8.72
Promoter holding pre54.31%
Promoter holding post39.67%
Market cap₹16.45 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Veekayem Fashion and Apparels IPO | — | 8.72 x | — | — |
| Fascinate Textiles IPO | — | 36.97 x | — | — |
| Shree Balaji IPO | — | 11.85 x | — | — |
| Riyaasat Lifestyle IPO | — | 22.53 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Issue Management fees including Merchant Banking fees and Market Making fees, Underwriting fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | ₹0.31 Cr |
| Advertising and Marketing Expenses | ₹0.02 Cr |
| Fees payable to the to the Regulators including stock exchange(s) | ₹0.05 Cr |
| Printing & Stationery, Distribution, Postage, etc. | ₹0.01 Cr |
| Brokerage and selling commission | ₹0.01 Cr |
| Other Expenses (Banker’s to the Issue, Auditor’s fees etc.) | ₹0.04 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- GYR Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-18.
IPO UPDATE ALERTS
Register for IPO Updates →Track Veekayem Fashion and Apparels without missing an update
Register for subscription, GMP, allotment and listing notifications.