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

Veto Switchgears and Cables Limited IPO (Veto Switchgears and Cables IPO) Details

Veto Switchgears and Cables Limited is an Cables And Wires based company, located in Mumbai, Veto Switchgears and Cables Limited IPO size was 25.00 Cr. and was issued at 50.00 per share. The share of Veto Switchgears and Cables Limited were listed at 145.45 per share and are currently trading at 138.13 per share.

Type :
Sub Sector : Manufacturer Of Wires & Cables And Electrical Accessories
SME IPO
NSE EMERGE

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

Revenue :
70.16 Cr.

PAT :
6.88 Cr.

Pricing Report

Issue Price :
50.00

Listing Price :
145.45

Current Market Price :
138.13

Issue Price vs CMP :
88.13 (176.26%)

listing Price vs CMP :
7.32 (5.03%)

Performance Report (CAGR* wise)

CAGR : 8.16
-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 Veto Switchgears and Cables

Company Information
Veto Switchgears and Cables Limited has strengthened its manufacturing capacity by undertaking expansions from time to time. Most of the company's products are used in households, offices, factories, and other establishments (B2C) and are sold over the counter through a network of dealers. The demand for the products has surged due to the growing need for new homes and offices in India, which is further supported by the growth of various industries. To improve market share, the company aims to increase its presence and market its products in new locations. Additionally, the demand for the company's products in overseas markets has been positive, prompting the company to propose increasing its existing capacities to capitalize on this growth.
Object of Issue
  • Modernisation of existing facility at Hardwar, Uttarakhand
  • To finance incremental long-term working capital requirement
  • Enhancement of the Company

Veto Switchgears and Cables SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Feb, 2012
IPO Size :
25.00 Cr.
PE Multiple :
20.00
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

Veto Switchgears and Cables operates in Cables And Wires and Manufacturer Of Wires & Cables And Electrical Accessories. The Issue is listed on NSE EMERGE in Feb, 2012. Veto Switchgears and Cables IPO size was 25.00 Cr. with Issue price of 50.00 .

Veto Switchgears and Cables 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.

Veto Switchgears and Cables IPO listed at a listing price of 145.45 against the offer price of 50.00.

The current market price of Veto Switchgears and Cables is 138.13.

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