Vera Synthetic Limited IPO

Vera Synthetic Limited Profile

Vera Synthetic Limited IPO Updates- Price, Subscription details , Allotment Status, Listing Date and Grey Market Premium (GMP)
Vera Synthetic Limited IPO

Vera Synthetic Limited (VSL) Established in 2000. It has come to occupy an enviable position in the domestic as well as international market with its range of products that are known for their variety of shades, constructions, strength, and durability.

With an installed capacity of 6000 Mt per year, they are one of the largest manufacturers of ROPE & FISHING NET in India. They are one of the few companies in India who has marked its presence in both FDY and POY industry. They have state of art European production technology for FDY products and Japanese technology for POY products.

They have grown to be a force to reckon with within the Industrial Textile industry. They are continuously diversifying to meet new challenges and reach new horizons. At SFPL they serve the need of diverse industries.

The company, since its establishment, has been steadily following a policy of regular up gradation of its technology. This has been achieved through the development of innovative and quality products. Company’s core mission is to provide world-class quality value products to all clients at affordable prices & deliver customer delight.

“Sujlon” is the registered trademark of company’s product and it represents quality ROPE & FISHING NET. Sujlon is the most preferred brand across the Indian and Global market catering to the widest range of Industries and Applications. The company’s determined commitment to quality, well-equipped manufacturing amenities, and understanding customer needs have propelled the growth of the company. Vera Synthetic Limited is a leading manufacturer of ROPE & FISHING NET and other related products.

Vera Synthetic Limited Promoters:

The Promoters of the company are Sunil Makwana and Nagin Makwana.

Vera Synthetic Limited IPO details:


Symbol: VERA

Issue Size: the Public issue of 13,35,000 Equity Shares (including Market Maker reservation portion of 69,000 equity shares)

Face Value: Rs 10

Price Range: Rs 40

Issue Type: Fixed Price

Bid Lot:  3000 Equity Shares and in multiples thereof.

Minimum Order Quantity: 3000 Equity Shares

Issue Period: 28-March -2018 to 04-April-2018

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000

Name of the Registrar:    Link Intime India Private Limited

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Listing at: NSE SME

Vera Synthetic Limited Financials:

  Particulars                              For the year/period ended (in Rs. Lacs)
 

31-Mar-17

 

31-Mar-16

 

31-Mar-15

 

31-Mar-14

 

31-Mar-13

Total Assets 863.60 731.78 705.79 850.54 909.84
Total Revenue 1,844.22 2,195.12 2,449.42 1,975.76 2,202.59
Profit After Tax 34.43 27.40 4.78 32.86 18.00

 

Vera Synthetic Limited Allotment Status:


Vera Synthetic Limited IPO Allotment Date: N/A

Vera Synthetic Limited IPO Listing Date: N/A

IPO Allotment Status
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