Veer Global IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 30/09 - 09/10
Issue Size ₹4.92 Cr
Issue Price ₹28
Market Lot 4000 Shares
Shares on Offer 1,756,000
Registrar
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date N/A
Listing Price N/A
Listing Gain% N/A

About Veer Global Infraconstruction Limited

Ever since its inception “VEER GLOBAL INFRACONSTRUCTION LIMITED”, VGIL has been on the forefront of developments with its trademark philosophy of “Creation and not Construction”. With landmark developments across MUMBAI, VASAI, VIRAR, UMROLI, BOISAR & SHAHADA. has created a remarkable difference by pioneering new lifestyle concepts, leveraging cutting edge technology and creating insightful designs. The success has been inspired by its dynamic leadership, passionate team of experts, league of shareholders and its ever growing quest for excellence.

VGIL extensive spectrum of creations spans across multiple segments like residential projects, business and retail properties, Integrated Townships and Commercials Plaza. Its core business operations feature varied aspects of construction business, such as location identification, acquisition, project planning, designing and development.

Over the period of around decades, they have been acknowledged for quality, commitments, integrity, timely execution, innovative technology up gradations and greater value propositions. With every creation, VGIL has always been endeavored to stand by these attributes which define its brand promise.

They follow a set of principles, inspired by our corporate philosophy. These are insights that guide and direct us to realize our group vision with every task we undertake. We believe that we are dedicated towards creating spaces reflecting perfect harmony with nature, aesthetics, standards, technology, sustainability and value. Serving customers with “YOU ON PRIORITY” approach is the foundation of our business operations. Strengthening bonds with associates and stakeholders with greater value sharing is our motto. We are committed to make VGIL, a brand known for fulfillment in true sense.

Company Promoters

Mr. Vijaybhai Vagjibhai Bhanshali, Mrs. Anita Bhanshali, Mr. Vinod Mohanlal Jain, Mr. Mukesh Chunilal Jain, Mr. Abhishek Mukesh Jain, and Mr. Priyank Chandrakant Parikh are the company promoters.

Objects of the Issue

The net proceed from the IPO will be used towards following purposes

  1. To meet the working capital requirements.
  2. To meet general corporate purposes.
  3. To meet issue related expenditures.

Company Financials

Particulars 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets (In ₹ Millions) 3,290.11 2,929.13 2,021.76
Total Revenue (In ₹ Millions) 862.58 1,007.52 233.30
Profit After Tax (PAT) (In ₹ Millions) 17.60 12.87 4.74

Veer Global Infraconstruction Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 30 Sep 2020 0.14 0.02 0.08
Day 2 - 01 Oct 2020 0.18 0.07 0.13
Day 3 - 05 Oct 2020 0.41 0.25 0.33
Day 4 - 06 Oct 2020 0.96 0.38 0.67
Day 5 - 07 Oct 2020 1.32 0.50 0.91
Day 6 - 08 Oct 2020 1.61 0.66 1.14
Day 7 - 09 Oct 2020 1.84 1.18 1.51

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Veer Global Infraconstruction Limited IPO FAQs

  1. When will Veer Global Infraconstruction Limited IPO open?

    Veer Global Infraconstruction Limited IPO will open on 30/09 and close on 09/10.

  2. What is the listing date of Veer Global Infraconstruction Limited IPO?

    Veer Global Infraconstruction Limited IPO will list on .

  3. What is the offer price of Veer Global Infraconstruction Limited IPO?

    The offer price of Veer Global Infraconstruction Limited IPO is ₹28.

  4. What is the lot size of Veer Global Infraconstruction Limited IPO?

    The lot size of Veer Global Infraconstruction Limited IPO is 4000.

  5. What is the Grey Market Premium (GMP) price of Veer Global Infraconstruction Limited IPO?

    The Grey Market Premium (GMP) price of Veer Global Infraconstruction Limited IPO is Not Available at the moment.

  6. What is the Kostak price of Veer Global Infraconstruction Limited IPO?

    The Kostak price of Veer Global Infraconstruction Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Veer Global Infraconstruction Limited IPO?

    The Subject to Sauda price for Veer Global Infraconstruction Limited IPO is Not Available at the moment.

Veer Global Infraconstruction Limited IPO Review/Comments

Sme companies are like startups, they have a good potential to grow. Government is also promoting sme sectors for new india.

Rahul

VGIL company is working on affordable sector. So company have a good opportunity in near by future for growth.

NEHA JAIN

Small company but remarkable growth in 5 -6 years. Because of real estate slow down all the constitution company facing problems.

Kusum Sharma

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