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

Vera Synthetic Limited IPO (Vera Synthetic IPO) Details

Vera Synthetic Limited is an Plastic And Polymer based company, located in Bhavnagar, Vera Synthetic Limited IPO size was 5.34 Cr. and was issued at 40.00 per share. The share of Vera Synthetic Limited were listed at 44.30 per share and are currently trading at 87.00 per share.

Type :
Sub Sector : Manufacturing Of Fishing Nets PP Yarns PP/HDPE Ropes
SME IPO
NSE EMERGE

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

Revenue :
19.44 Cr.

PAT :
-2.06 Cr.

Pricing Report

Issue Price :
40.00

Listing Price :
44.30

Current Market Price :
87.00

Issue Price vs CMP :
47 (117.50%)

listing Price vs CMP :
42.7 (96.39%)

Performance Report (CAGR* wise)

CAGR : 12.14
-ve 0 6 9 12+
Above Average

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

About Vera Synthetic

Company Information
Vera Synthetic is promoted by Sunil Makwana and Nagin Makwana. They joined the Company in 2008 and at present look after the overall management, day to day affairs and are the guiding force behind the strategic decisions of their Company. Their industry knowledge and understanding of the current market situation enables them to improve their geographic horizon and market presence. They believe that they shall be able to create a market position by adhering to the vision of their Promoters and senior management and their experience. Their manufacturing facility is divided into two units namely Division I and Division II (both situated in the same premises at Mamsa, Gujarat). Their manufacturing unit is well equipped with required facilities and machineries to facilitate smooth manufacturing process.
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Object of Issue
  • Funding the working capital requirements of the Company
  • General Corporate Purposes

Vera Synthetic SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Apr, 2018
IPO Size :
5.34 Cr.
IPO Subscription :
3.49 X     
PE Multiple :
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:

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FAQs

Vera Synthetic operates in Plastic And Polymer and Manufacturing Of Fishing Nets PP Yarns PP/HDPE Ropes. The Issue is listed on NSE EMERGE in Apr, 2018. Vera Synthetic IPO size was 5.34 Cr. with Issue price of 40.00 .

Vera Synthetic IPO subscription was 3.49 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.

Vera Synthetic IPO listed at a listing price of 44.30 against the offer price of 40.00.

The current market price of Vera Synthetic is 87.00.

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