Thursday, November 16, 2017

Vertoz Advertising SME IPO Price Band, Market Lot & Dates Details

Vertoz Advertising sme ipo to hit the market on 14 Nov and ends on 16 Nov. The issue size is 17.11 crore rupees with 108 rs price band. The company incorporated in 2012 and doing programmatic advertising. They are giving monetize solution which is the tradition methods of media buying and selling advertisements. The company has offices in USA, UK and UAE. They have 115 employees.

IPO Review:
  • Apply for Listing Gain
Vertoz Advertising IPO Dates & Price Band:
  • IPO Open: 14 November 2017
  • IPO Close: 16 November 2017
  • IPO Size: Approx Rs 17.11 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs 108 Per Equity Share
  • Listing on: NSE SME
  • Shares: 15,84,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 1,200 Shares (Minimum Lot Size)
  • Amount: Rs.1,29,600
Grey Market Premium:
  • The grey market is around N/A Subject to Sauda.
Vertoz Advertising IPO Subscription Status:
  • IPO Subscribed 4.24 times overall
Vertoz Advertising IPO Allotment Status:
Company Promoters:
  • Hirenkumar Shah
  • Ashish Shah
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
IPO Lead Managers:
  • Guiness Corporate Advisors Pvt Ltd
Company Address:
Vertoz Advertising Limited
602, Avior, Nirmal Galaxy L.B.S. Marg,
opp. Johnson & Johnson,
Mulund (west) Mumbai 400080
Phone: + 91-22-61426030
Fax: +91-22-61426061