The Veritaas Advertising IPO commenced on May 13, 2024, and concluded on May 15, 2024. The allotment of shares took place on May 16, 2024, and the initiation of refunds began on May 17, 2024. The shares were credited to the demat accounts of investors on May 17, 2024. Finally, the listing of Veritaas Advertising on the stock exchange occurred on May 21, 2024.
The Veritaas Advertising IPO was priced at ₹109 to ₹114 per share, with a lot size of 1200 shares. The total issue size was ₹8.48 crores, comprising a fresh issue of ₹8.48 crores. The IPO was listed on the NSE SME.
Veritaas Advertising IPO Basic Details
| Company Name | Veritaas Advertising Limited |
| Domain of Company | Advertising Company |
| Veritaas Advertising IPO GMP Today | ₹110 |
| Veritaas Advertising IPO Listing Gain | 96.49% |
| Veritaas Advertising IPO Open Date | May 13, 2024 |
| Veritaas Advertising IPO Close Date | May 15, 2024 |
| Veritaas Advertising IPO Allotment Date | May 16, 2024 |
| Veritaas Advertising IPO Listing Date | May 21, 2024 |
| Face Value | ₹10 per share |
| Price | ₹109 to ₹114 per share |
| Lot Size | 1200 Shares |
| Issue Size | 744,000 shares of ₹10 (aggregating up to ₹8.48 Cr) |
| Fresh Issue | 744,000 shares of ₹10 (aggregating up to ₹8.48 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Debojyoti Banerjee, Sangita Debnath and Mina Debnath |
Veritaas Advertising IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹110 | 96.49% | – | – |
| 13 May 2024 | ₹110 | 96.49% | – | – |
| 12 May 2024 | ₹110 | 96.49% | – | – |
Veritaas IPO Details:
Founded on July 31, 2018, Veritas Advertising Limited is an all-in-one advertising agency offering a wide range of services on various platforms.
Operating in West Bengal, Guwahati, and Shillong, we’re one of the rare agencies that also own advertising spaces. Additionally, we have a presence in Delhi, Mumbai, and Pune.
Our premium services cover everything from Brand Strategy to Events and Outdoor Media (OOH). This includes advertising options like police booth hoardings, newspaper inserts, brochures, and outdoor billboards.
Here’s what we offer:
- Building your brand presence and educating your customers
- Expanding your brand’s reach and visibility
- Creating strong recall and goodwill for your brand
- Engaging and interacting with your target audience
- Boosting sales and increasing conversions
Our impressive clientele includes big names like TVS, Honda, Ultratech Cement, Star Cement, Greenply, and many more.
As of January 31, 2024, we have a dedicated team of 71 employees.
Veritaas Advertising IPO More Details Click Here
Veritaas Advertising IPO FAQs
When is Veritaas Advertising IPO open?
Veritaas Advertising IPO will open on 13 May 2024.
When is Veritaas Advertising IPO Close?
Veritaas Advertising IPO will be closed on 15 May 2024.
What is Veritaas Advertising IPO GMP Today?
The Veritaas Advertising IPO GMP aka Grey Market Premium is ₹110.
What is Veritaas Advertising IPO Kostak Rates Today?
The Veritaas Advertising IPO Kostak Rate is ₹000.
What is Veritaas Advertising IPO Subject to Sauda Price Today?
The Veritaas Advertising IPO subject to sauda rates is ₹000.
Veritaas Advertising IPO Expected Returns?
The Veritaas Advertising expected return is 96.49%.
How much will be the listing gain in Veritaas Advertising IPO?
Veritaas Advertising IPO will get listing gain of 96.49%. (Approx.)
