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| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹4.44 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹4.44 Cr |
| Fresh Issue | ₹4.21 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹28.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | VEEKAYEM |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 4,000 shares and in multiples thereof
Incorporated in 1985, Veekayem Fashion and Apparels Limited is engaged in the business of weaving and garment manufacturing. The company's product portfolio includes two main product categories: Textile the company manufactures Greige Fabrics including 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting - Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen and Garments the company manufacture all types of readymade garments for men and women, such as formal shirts, cotton shirts, formal trousers, cotton trousers, cotton joggers, cotton shorts, pyjamas and Bermuda.
Veekayem Fashion's manufacturing facility is situated at Umargaon in the state of Gujarat. The manufacturing facility is installed with automated machinery capable of manufacturing 5,00,000 meters of fabric per month and 1,50,000 pcs of readymade garments per month.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the company | 4.00 |
| 2 | General Corporate Purposes | 0.01 |
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 132.67 | 123.52 | 120.90 | 117.89 |
| Total Income | 149.47 | 76.70 | 215.71 | 203.17 |
| Profit After Tax | 1.89 | 0.35 | 1.09 | 2.28 |
| NET Worth | 30.95 | 29.05 | 28.70 | 29.73 |
| Reserves and Surplus | 26.66 | 24.76 | 24.40 | 23.31 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| RoNW | 6.09% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 4.39 | |
| P/E (x) | 8.72 | |
| Promoter Holding | 54.31% | 39.67% |
| Market Cap | ₹16.45 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | 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 |
| 2 | Advertising and Marketing Expenses | 0.02 |
| 3 | Fees payable to the to the Regulators including stock exchange(s) | 0.05 |
| 4 | Printing & Stationery, Distribution, Postage, etc. | 0.01 |
| 5 | Brokerage and selling commission | 0.01 |
| 6 | Other Expenses (Banker’s to the Issue, Auditor’s fees etc.) | 0.04 |
Last Updated on 13-May-2026 10:31:37
