247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Veeram Ornaments Limited IPO (Veeram Ornaments IPO) Details

Veeram Ornaments Limited is an Jewellery based company, located in Ahmedabad, Veeram Ornaments Limited IPO size was 5.12 Cr. and was issued at 45.00 per share. The share of Veeram Ornaments Limited were listed at 46.00 per share and are currently trading at 9.26 per share.

Type :
Sub Sector : Integrated Wholesaler Trader Retailer Of Branded Jewellery Ornaments
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
8.00 Cr.

PAT :
1.12 Cr.

Pricing Report

Issue Price :
45.00

Listing Price :
46.00

Current Market Price :
9.26

Issue Price vs CMP :
35.74 (79.42%)

listing Price vs CMP :
36.74 (79.87%)

Performance Report (CAGR* wise)

CAGR : -17.83
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Veeram Ornaments

Company Information
Veeram Ornaments Limited is an integrated wholesaler of branded jewellery and ornaments, specializing in the trading of silver and distributing ready-made gold and silver jewellery and ornaments. Their product portfolio includes a variety of gold and silver jewellery, both with and without studded precious and semi-precious stones. The company designs jewellery to meet the demand for traditional, modern, and Indo-Western styles, catering to the regional diversity of tastes and preferences across India.
Their range includes traditional gold and silver jewellery and ornaments crafted using materials such as kundan, gemstones, American diamonds, as well as plain gold or silver. The company sources raw materials from Rajkot and local markets in Ahmedabad. Raw silver and gold are generally purchased from the bullion market, which is then molded into
Show More
Object of Issue
  • To meet additional Working Capital Requirements
  • To Meet the Issue Expenses

Veeram Ornaments SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jan, 2017
IPO Size :
5.12 Cr.
PE Multiple :
17.00
IPO Registrar:
Kfin Technologies Limited
Anchor Investors:

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other SME IPOs in Ahmedabad

7NR Retails Limited

  business of trading of apparels in the wholesale and retail segments

  Ahmedabad


A & M Febcon Limited

  business of Industrial equipment and metal fabrication

  Ahmedabad


A and M Jumbo Bags Limited

  engaged in the manufacture and sale of various types of FIBC (Jumbo Bags)

  Ahmedabad


Peer Companies Of This Sector

FAQs

Veeram Ornaments operates in Jewellery and Integrated Wholesaler Trader Retailer Of Branded Jewellery Ornaments. The Issue is listed on BSE SME in Jan, 2017. Veeram Ornaments IPO size was 5.12 Cr. with Issue price of 45.00 .

Veeram Ornaments IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Veeram Ornaments IPO listed at a listing price of 46.00 against the offer price of 45.00.

The current market price of Veeram Ornaments is 9.26.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency