Veritaas Advertising IPO Subscription Status, Rate

Veritaas Advertising IPO Subscription Status, Rate

Veritaas Advertising IPO Subscription Status: Veritaas Advertising IPO is Open on May 13, 2024 and Close on May 15, 2024. Veritaas Advertising IPO to Raise 744,000 Shares (Approx ₹8.48 Cr) via IPO. The Fresh Issue of 744,000 Shares (Approx ₹8.48 Cr).

  • The Retail Quota is 35.14%
  • QIB is 49.75%
  • NII is 15.11%.

Veritaas Advertising IPO is an SME IPO and Listed on NSE SME. Veritaas Advertising IPO Price Band is Fixed at ₹109 to ₹114 Equity Share. Veritaas Advertising IPO Lot Size is 1200 Shares.

About Veritaas Advertising IPO :

  • Veritaas Advertising Incorporated On July 2018 We Are An Integrated Advertising Agency Offering 360-Degree Services Across Multiple Platforms. We Own Advertisement Spaces In West Bengal, Guwahati And Shillong, Thereby Making Us One Of The Few Media Owning Marketing And Advertisement Agencies Also Operate In Delhi,  Mumbai And  Pune.
  • We Operate/Advertise In Police Booths And Outdoor Hoardings, Which Reduces Our Dependence On Third Parties And Enables Us In Offering Integrated Services. We Offer Marketing And Advertising Services Through The Following Platforms Police Booth Hoardings, Newspapers Insertions, Brochures, And Display Of Outdoor Hoardings Etc.


Veritaas Advertising IPO Subscription Status, Rate bid times

Inv Category Shares Reserved No. of Shares bid for No. of Times (Subscription)
Qualified Buyers (QIBs) 1,77,600 1,81,87,200 102.41
Non Institutional Buyers (NIIs) 1,06,800 6,72,37,200 629.56
Retail Individual Buyers (RIIs) 2,48,400 24,57,76,800 989.44
Anchor Investor 1,74,000 1,74,000 1
Market Maker 37,200 37,200 1
Total 5,32,800 33,12,01,200 621.62



Veritaas Advertising Subscription Status day-by-day-

Categories 13 May 14 May 15 May
QIB 0.00 1.10 102.41
NII 17.62 95.17 629.56
RII 42.75 214.04 989.44
Total 23.46 119.23 621.62




Veritaas Advertising Investor Categories

  • Qualified Institutional Buyers (QIB).
  • Non- Institutional Investors (NII).
  • Retail individual Investors (RII).
  • Employee (EMP).
  • Others (Eligible Shareholders).

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.

Who Is NII In IPO?

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).

Veritaas Advertising Review From MoneyMintIdea –

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