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VEEKAYEMSME / NSEListed
Veekayem Fashion and Apparels

Incorporated in 1985, Veekayem Fashion and Apparels Limited is engaged in weaving and garment manufacturing, offering a diverse product portfolio across two main categories: textiles—producing Greige Fabrics such as 100% Cotton (Lycra and Non-Lycra), Giza, Supima, Chief Value Cotton, Polyester Cotton, Yarn-Dyed Cotton, Polyester Viscose, Terry Rayon Suiting, and Mock Linen—and garments, manufacturing a wide range of men’s and women’s readymade apparel including formal and cotton shirts, trousers, joggers, shorts, pyjamas, and Bermuda. The company operates a fully equipped manufacturing facility in Umargaon, Gujarat, with automated machinery capable of producing 5,00,000 meters of fabric and 1,50,000 readymade garments per month.

₹28 - ₹28Open
Listed Price₹49.90
Listing Gain+78.21%

IPO Schedule & Timeline

Fixed Price IPO
Open05 Aug 2022
Close11 Aug 2022
Allotment18 Aug 2022
Listing22 Aug 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker80,000 shares
5.05%
Nii (hni)7,52,000 shares
47.47%
Retail7,52,000 shares
47.47%

Minimum Application Lots

Retail1 Lot (1,12,000 shares)
₹4,000
HNI2 Lots (2,24,000 shares)
₹8,000

Company Promoters

Krishankant GuptaVijaykumar GuptaMadanlal Gupta

Company Background

Incorporated in 1985, Veekayem Fashion and Apparels Limited is engaged in weaving and garment manufacturing, offering a diverse product portfolio across two main categories: textiles—producing Greige Fabrics such as 100% Cotton (Lycra and Non-Lycra), Giza, Supima, Chief Value Cotton, Polyester Cotton, Yarn-Dyed Cotton, Polyester Viscose, Terry Rayon Suiting,...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-19)₹20317.36 Cr
Growth+35.9%
Revenue Trend (₹ in Crores)
0.08.3k16.5k24.8kMar-22Mar-21Mar-20Mar-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-1920317.36228.3111789.30
Mar-2021571.46109.112090.40
Mar-217670.0635.2512351.950
Mar-2214947.02 188.5413267.190

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: KFin Technologies Limited

Allotment Finalized
Allotment Date
18 Aug 2022
Official Status
Out / Finalized
Registrar
KFin Technologies Limited
Listing Date
22 Aug 2022

Official Allotment Verification Links

Official Registrar Portal
KFin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Veekayem Fashion and Apparels. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization18 Aug 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date22 Aug 2022Trading commences on exchange

How to Check Veekayem Fashion and Apparels Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Veekayem Fashion and Apparels IPO

Complete issue overview for Veekayem Fashion and Apparels (VEEKAYEM) IPO. The issue features an equity share price band of ₹28 per share with a minimum retail lot size of 4000 Shares (minimum application amount of ₹1,12,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions