Veer Global Infraconstruction Limited
IPO Details
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Veer Global Infraconstruction Limited's has transitioned to a publicly listed entity following its IPO debut on Oct 19, 2020 at the BSE exchange. The public offering successfully raised 17,56,000 Shares, consisting of TBDin new capital.
The IPO featured a competitive price range of ₹28 to ₹28 and minimum application size of 4000 shares. Market reception was evidenced through subscription activity between Sep 30, 2020 and Oct 09, 2020, reflecting investor appetite for the offering.
Allotment of shares was completed on Oct 15, 2020, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Veer Global Infraconstruction Limited specializes in affordable housing and real estate development, focusing on residential, commercial, and township projects. With a strong presence in Mumbai, Vasai, Virar, Umroli, Boisar, and Shahada, the company has successfully completed multiple residential projects and continues to develop new ones. Its comprehensive project management approach includes location selection, acquisition, project planning, designing, development, and sales & marketing, ensuring seamless execution from start to finish.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
• Specializes in affordable housing for low-income groups.
• Advantageous locations in Palghar district.
• Led by an experienced team of promoters and managers.
NA
- Mr. Vijaybhai Vagjibhai Bhanshali
- Mrs. Anita Bhanshali
- Mr. Vinod Mohanlal Jain
- Mr. Mukesh Chunilal Jain
- Mr. Abhishek Mukesh Jain
- Mr. Priyank Chandrakant Parikh
Veer Global Infraconstruction Limited
Purva Sharegistry India Private Limited