Veritaas Advertising IPO Allotment Status, Subscription, and IPO Details 

The Veritaas Advertising Limited IPO is set for May 16, 2024, with shares priced between ₹109 and ₹114, each with a face value of ₹10, offered in lots of 1200 shares.
Veritaas Advertising IPO Allotment Status, Subscription, and IPO Details 

Veritaas Advertising Limited IPO Allotment Status 

The allotment date for the Veritaas Advertising Limited IPO is set for May 16, 2024, with shares priced at ₹109 to ₹114 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples. 

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Veritaas Advertising Limited IPO Allotment Status Check 

To ascertain their allocation status for the Veritaas Advertising Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Mas Service’s website.

IPO Allotment Status BSE 

Here are steps to check Veritaas Advertising Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Veritaas Advertising Limited from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Veritaas Advertising Limited IPO allotment status on Mas Service’s website

Step 1: Visit IPO registrar website – Mas Services 

Step 2: Select ‘Veritaas Advertising’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Veritaas Advertising IPO allotment status will be reflected on the screen.

Veritaas Advertising Limited IPO GMP Today

The Veritaas Advertising Limited IPO GMP (Grey Market Premium) is ₹110 as of May 15.

Veritaas Advertising Limited IPO Subscription Status 

Veritaas Advertising IPO saw robust demand on day 2, with QIBs bidding 1.96 lakh shares, non-institutional investors 1.01 crore shares, and retail investors leading at 5.21 crore shares, totaling 6.24 crore shares subscribed.

Veritaas Advertising Limited IPO Details

Veritaas Advertising is launching an IPO valued at ₹8.48 crore, offering 744,000 shares with no offer-for-sale component. Proceeds will fund new police booths and traffic signal displays in multiple cities, alongside general corporate purposes. Horizon Management is the book runner, Mas Services the registrar, and Horizon Financial Consultants the market maker, enhancing public infrastructure through capital investments.

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