Veekayem Fashion and Apparels Limited
Fixed Price IPO · NSE
- Price band
- ₹28 - ₹28
- Lot size
- 4,000 shares
- Issue amount
- ₹4.44 cr
- Total subscription
- 0×
- Opens
- 5 Aug 2022
- Closes
- 11 Aug 2022
- Allotment
- 18 Aug 2022
- Listing
- 22 Aug 2022
Offer at a glance
Issue overview
- Issue size
- 15,84,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,12,000
- Fresh issue
- ₹4.44 cr
- Offer for sale
- ₹0 cr
- Registrar
- KFin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,12,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 42,91,730
- Shares after issue
- 58,75,730
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,12,000 | ₹4,000 |
| HNI | 2 | 2,24,000 | ₹8,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 1985, Veekayem Fashion and Apparels Limited is engaged in weaving and garment manufacturing, offering a diverse product portfolio across two main categories: textiles—producing Greige Fabrics such as 100% Cotton (Lycra and Non-Lycra), Giza, Supima, Chief Value Cotton, Polyester Cotton, Yarn-Dyed Cotton, Polyester Viscose, Terry Rayon Suiting, and Mock Linen—and garments, manufacturing a wide range of men’s and women’s readymade apparel including formal and cotton shirts, trousers, joggers, shorts, pyjamas, and Bermuda. The company operates a fully equipped manufacturing facility in Umargaon, Gujarat, with automated machinery capable of producing 5,00,000 meters of fabric and 1,50,000 readymade garments per month.
Strengths
- Consistent Quality & Service: Maintains high standards in fabric and garment production, ensuring customer satisfaction.
- Scalable Business Model: Equipped with advanced manufacturing facilities to support business growth and expansion.
- Diverse Product & Market Mix: Offers a variety of textiles and garments, catering to different customer segments.
- Cost-Effective & Timely Delivery: Efficient production processes ensure affordability and on-time order fulfillment.
- Experienced Leadership & Skilled Workforce: Managed by an expert team with a dedicated employee base.
- Strong Sales & Distribution Network: Wide market reach, ensuring product availability across multiple regions.
Promoters
Krishankant Gupta
Vijaykumar Gupta
Madanlal Gupta
Registrar & documents
Lead manager
GYR Capital Advisors Private Limited
Registrar & contacts
KFin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
113, Udyog Bhavan, Sharma Ind. Estate, Walghat Road, Goregaon East, Mumbai, India – 400 063
+91 22 4035 1481
[email protected]Company website ↗Understanding VEEKAYEM IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.