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Vasa Retail and Overseas Ltd IPO (Vasa Retail IPO) Detail

January 24, 2018 - January 29, 2018

Vasa Retail IPO is a fixed price issue of Rs 4.80 crores.

Vasa Retail IPO bidding started from January 24, 2018 and ended on January 29, 2018. The shares got listed on NSE SME on February 6, 2018.

Vasa Retail IPO price is ₹30 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Hem Securities Limited is the book running lead manager of the Vasa Retail IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Vasa Retail IPO RHP for detailed information.

Vasa Retail IPO Details

IPO Date January 24, 2018 to January 29, 2018
Listing Date February 6, 2018
Face Value ₹10 per share
Price ₹30 per share
Lot Size 4000 Shares
Total Issue Size1,600,000 shares
(aggregating up to ₹4.80 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion88,000 shares

Vasa Retail IPO Reservation

Vasa Retail IPO a total of 1,688,000 shares are offered. RII: 756,000 (44.79%), NII: 756,000 (44.79%).

Anchor Investor Shares Offered-
Market Maker Shares Offered88,000 (5.21%)
Other Shares Offered756,000 (44.79%)
Retail Shares Offered756,000 (44.79%)
Other Shares Offered88,000 (5.21%)
Total Shares Offered1,688,000 (100%)

Vasa Retail IPO Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 4000 ₹120,000
Retail (Max) 1 4000 ₹120,000
Lot Size Calculator

About Vasa Retail and Overseas Ltd

Incorporated in 2017, Vasa Retail and Overseas Ltd (VROL) (erstwhile Vasa International � a partnership firm) is primarily deals in all kinds of (a) stationery products viz. artistic materials, hobby colors, scholastic colors, scholastic stationery, office products, drawing instruments, writing instruments, office stationery, adhesives, notebooks, office supplies and writing instruments, books, pens, pencils, erasers, files, copier paper, bags and bottles; (b) procuring paper pulp and supplying the same to paper mills and (c) procuring bag fabric and supplying it to the other bag manufacturers and also using the same for manufacturing its products (school and office bags).

These stationery products are essentially used by school going children and offices as a part of their stationary requirements. On the other hand, paper pulp is the key raw material for the manufacturing of wide variety of paper. VROL classifies its product range into (i) school and education products; (ii) fine art and hobby products; and (iii) office products.

Objects of the Issue (Vasa Retail IPO Objectives)

The object of the issue are to:

1. To meet Working Capital Requirement
2. General Corporate Expenses, and
3. To Meet the Issue Expenses

Vasa Retail IPO Review (May apply)

[Dilip Davda]  Although issue appears reasonably priced, dismal performance in the recent past raises concern. However, stationery sector is poised for bright prospects as Government is giving major thrust on education. Considering recent encouraging performance and bright prospects ahead, investors may consider investment for long term. (Subscribe – for long term). Read detail review...

Vasa Retail IPO Subscription Status (Bidding Detail)

The Vasa Retail IPO is subscribed 218.00 times on Jan 29, 2018 5:00:00 PM. The public issue subscribed 259.96 times in the retail category, times in the QIB category, and 175.44 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Vasa Retail IPO Prospectus

Vasa Retail IPO Rating

Rating:Rated 4.0 stars
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Vasa Retail IPO Listing Details

Listing Date February 6, 2018
BSE Script Code
ISIN INE068Z01016
Final Issue Price ₹30 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Vasa Retail IPO Contact Details

Vasa Retail and Overseas Ltd
C - 001, Ground Floor, A/3,
Antop Hill Warehousing, Vidyalankar College Marg,
Mumbai 400037
Phone: +91 22 2414 1380

Vasa Retail IPO Registrar

Vasa Retail IPO - Buy or Not

Vasa Retail IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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Vasa Retail IPO FAQs

Vasa Retail IPO is a SME IPO of 1,600,000 equity shares of the face value of ₹10 aggregating up to ₹4.80 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000 Shares.

The IPO opens on January 24, 2018, and closes on January 29, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Vasa Retail IPO opens on January 24, 2018 and closes on January 29, 2018.

Vasa Retail IPO lot size is 4000 Shares, and the minimum amount required is ₹120,000.

You can apply in Vasa Retail IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Vasa Retail IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vasa Retail IPO allotment status.

The Vasa Retail IPO listing date is on February 6, 2018.
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Vasa Retail IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



95. Reet |   Link |Feb 9, 2018 5:22:29 AM
So many circuits.. is it operators game or geniune company
94. CaptSingh |   Link |Feb 2, 2018 10:01:53 AM
Got the 1st SME allotment 1/1 under NII
94.10. Reet |   Link |Feb 8, 2018 10:03:00 PM
Hi , r u still holding vasa retail or sold it ?? So many upper circuits
94.11. Reet |   Link |Feb 11, 2018 2:50:11 PM
Friday I sold considering 4th circuit , @captsingh u still holding it?
93. SHANI |   Link |Feb 8, 2018 8:29:34 AM (300+ Posts, 300+ Likes)
one more high value ipo...down...down...
92. bhanu prasanth |   Link |Feb 6, 2018 10:20:05 AM
Hi Umang,

During this market, do you suggest any good SME shares.

I know Cadsys is one good option. Can we buy some now that this got down to 100 levels?

Any other good SMEs?
91. v for vendetta |   Link |Feb 6, 2018 9:42:06 AM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Locked in UC with good buying orders.
Good sign, congratulations to allotees.
90. Vijendra |   Link |Feb 6, 2018 8:48:31 AM
showing 36 as of now ..buyers are more
89. an Investor |   Link |Feb 6, 2018 6:31:46 AM
guys, check global markets, US r down 4%, SGX NIFTY down 3%+, today can be worse than Friday, just sell with what profit u get, i wont be surprised to see less buyers
89.1. v for vendetta |   Link |Feb 6, 2018 7:34:09 AM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Global markets have crashed to 4-6%.
SEnsex, NIfty will be down sharply today. Will be interesting to see the listing.
88. Umang and his ultrasonic uproar |   Link |Feb 5, 2018 5:43:05 PM
IPO Mentor IPO Mentor (700+ Posts, 600+ Likes)
Those who are alloted, sell at first UC, because there won''t be 2nd UC, given market conditions.
88.2. AhireR |   Link |Feb 14, 2018 5:35:11 PM
IPO Mentor IPO Mentor (700+ Posts, 1000+ Likes)
Still in uc..we can never ever predict market..
88.3. Umang and his ultrasonic uproar |   Link |Feb 14, 2018 8:13:17 PM
IPO Mentor IPO Mentor (700+ Posts, 600+ Likes)
Yes my friend no one can predict sme listing. I was completely wrong on this sme. After consecutive 6 UC, no one knows when this UC will open.
But it is of no use, as we have to see this outstanding run from outside, as no RII gets allotment in sme.
My allotment status for recent ipos worth peripherals 0/6
Icemake 0/6
Vasa 0/7
Focus 0/8
Mohini 0/3

87. D Tanwar |   Link |Feb 5, 2018 4:26:56 PM
Generally at what time IPOs list, 9:30 AM ?
86. Rkg |   Link |Feb 5, 2018 3:16:56 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Listing date please ?
86.1. Rkg |   Link |Feb 5, 2018 3:33:25 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
It is on 6/2/2018
86.2. Rkg |   Link |Feb 5, 2018 4:06:46 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Listing tomorrow 6th.
85. GV |   Link |Feb 5, 2018 9:56:54 AM
When is the listing ?

A share market professional suggested me that Vasa may open likely with 35% gain on the opening day :)
84. SecTheta |   Link |Feb 4, 2018 10:11:44 PM
UCs won''t be that frequent from now onwards... Chances of 5%-7% up and upto 2% down are there. Let''s see how it goes. Market should recover soon. But how soon, depends upon several factors. So, better to stay away from it until there is a clarity that it''s going in bearish mode or is ready for bounce back STRONGLY!
83. Carn Mohan |   Link |Feb 4, 2018 9:30:10 PM
IPO Mentor IPO Mentor (1000+ Posts, 400+ Likes)
Jisko allot nahi hua uski lottery laggai hi.
82. Carn Mohan |   Link |Feb 4, 2018 9:27:27 PM
IPO Mentor IPO Mentor (1000+ Posts, 400+ Likes)
Discount listing possible.
81. High Flyer |   Link |Feb 4, 2018 3:20:29 PM
Updates to Boarders Pl check ! Training is different and when we are practically on the market is different - Hereinafter I will trust the allotments of SME issues.
I had applied on 24th Jan 2018 SBI blocked (debit) and Last date of IPO was 29th Jan 2018 and SBI unblocking the amount of 28th Jan (Credit) itself before IPO closing ?

How it is possible ????? Boarders experience speaks ?? Becareful with Lead Managers and Market Makers ...???
80. High Flyer |   Link |Feb 4, 2018 2:58:25 PM
Vasa Retail not got allotment, I have applied for 2 applications not got allotment.
Just to share the knowledge Apollo Micro listed at Rs 460/- and gone down to Rs 325/- in 10 days - T2T and w.e.f. 6th Feb 2018 Apollo Micro transferred to Normal segment @ 20%.

Main Platform issue - Defense sector - Issue price Rs 275/- trades at Rs 326/- (quoting just Rs 50/- per share above issue) is it not good buying....for 6 - 9 months holding ...any opinion Boarders ????
79. v for vendetta |   Link |Feb 3, 2018 7:02:06 PM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
SME are nothing but ultra micro cap companies. As we see sentiments have turned negative in mid and small cap stocks, it would be wise to stay away from SME stocks. Look at the Prices of recently listed stocks like JFL, OPO, Dynamic Cables, Icemake etc. All are getting severely hammered. Some are close to dipping below issue Price.
78. sachin |   Link |Feb 3, 2018 10:56:25 AM
can any body help me by suggesting any good(cheap and best) to get open a demat and trading account for 1 of my family member. as i already have accounts in kotak,icici and sharekhan in diffrent names. should i gofor anyne else or 1of these.
78.1. AlphaQ |   Link |Feb 3, 2018 12:57:39 PM
Zerodha is good for delivery based trades
77. Suhash |   Link |Feb 2, 2018 12:48:38 PM
Kisi ka amount unblock hua sbi ka
77.1. Gainer |   Link |Feb 3, 2018 11:48:45 AM
Yes. Today
Till yesterday it was blocked I thought I got allotment but today they unblocked it.
76. Carn Mohan |   Link |Feb 3, 2018 9:41:32 AM
IPO Mentor IPO Mentor (1000+ Posts, 400+ Likes)
Don''t by any panney (sme) shares now . sentiment very very negative now.
Becareful save your hard earned money.