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

Jan 24, 2018 - Jan 29, 2018

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.

Company Promoters:

The object of the issue are to:

1. Mr. Hardik Vasa and
2. Ms. Kajal Vasa

Objects of the Issue:

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 Details

IPO DateJan 24, 2018 - Jan 29, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,600,000 Eq Shares of ₹10
(aggregating up to ₹4.80 Cr)
Face Value₹10 Per Equity Share
IPO Price₹30 Per Equity Share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtNSE SME

Vasa Retail IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum14000₹120,000
Maximum14000₹120,000

Vasa Retail IPO Subscription Status (Bidding Detail)

Vasa Retail IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

756,000

756,000

1,512,000

Jan 29, 2018 17:00

175.44x

259.96x

218.00x

Vasa Retail IPO Prospectus

Vasa Retail IPO Rating

204
4.0
Rating:Rated 4.0 stars

Vote Here ...

Vasa Retail IPO Listing Date

Listing DateTuesday, February 6, 2018
BSE Script Code
NSE SymbolVASA
Listing In
ISININE068Z01016
IPO Price₹30 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹30.00
Open:₹36.00
Low:₹36.00
High:₹36.00
Last Trade:₹36.00
Volume:176,000

Vasa Retail IPO Reviews / Ratings

Company Contact Information

Vasa Retail and Overseas Ltd
C - 001, Ground Floor, A/3,
Antop Hill Warehousing, Vidyalankar College Marg,
Mumbai 400037

Phone: +91 22 2414 1380
Email: investor@vasagroup.in
Website: http://www.vasagroup.in

Vasa Retail IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email:
Website: http://www.bigshareonline.com

Vasa Retail IPO FAQs

  1. 1. What is Vasa Retail IPO?

    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 price of the IPO is ₹30 Per Equity Share. The minimum order quantity is 4000 Shares per application and the offer type is Fixed Price Issue.

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

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

  2. 2. When Vasa Retail IPO will open?

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

  3. 3. How to apply for Vasa Retail IPO?

    Vasa Retail IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Vasa Retail IPO allotment?

    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.

  5. 5. When is Vasa Retail IPO listing date?

    The Vasa Retail IPO listing date is on Tuesday, February 6, 2018, at NSE SME.
  6. 6. What is the lot size of Vasa Retail IPO?

    Vasa Retail IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.

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Vasa Retail IPO Review / Comments

Reet
95. Reet  Feb 9, 2018 05:22
So many circuits.. is it operators game or geniune company
CaptSingh
94. CaptSingh  Feb 2, 2018 10:01
Got the 1st SME allotment 1/1 under NII
Reet
94.10. Reet  Feb 8, 2018 22:03
Hi , r u still holding vasa retail or sold it ?? So many upper circuits
Reet
94.11. Reet  Feb 11, 2018 14:50
Friday I sold considering 4th circuit , @captsingh u still holding it?
SHANI
93. SHANI  Feb 8, 2018 08:29
one more high value ipo...down...down...
bhanu prasanth
92. bhanu prasanth  Feb 6, 2018 10:20
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?
v for vendetta
91. v for vendetta  Feb 6, 2018 09:42
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Locked in UC with good buying orders.
Good sign, congratulations to allotees.
Vijendra
90. Vijendra  Feb 6, 2018 08:48
showing 36 as of now ..buyers are more
an Investor
89. an Investor  Feb 6, 2018 06:31
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
v for vendetta
89.1. v for vendetta  Feb 6, 2018 07:34
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Global markets have crashed to 4-6%.
SEnsex, NIfty will be down sharply today. Will be interesting to see the listing.
Umang and his ultrasonic uproar
88. Umang and his ultrasonic uproar  Feb 5, 2018 17:43
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Those who are alloted, sell at first UC, because there won''t be 2nd UC, given market conditions.
AhireR
88.2. AhireR  Feb 14, 2018 17:35
Top Contributor Top Contributor (400+ Posts, 600+ Likes)
Still in uc..we can never ever predict market..
Umang and his ultrasonic uproar
88.3. Umang and his ultrasonic uproar  Feb 14, 2018 20:13
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
@AhireR
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
DYNAMIC 0/6
JHANDEWALAS 0/6
Vasa 0/7
Focus 0/8
Mohini 0/3

D Tanwar
87. D Tanwar  Feb 5, 2018 16:26
Generally at what time IPOs list, 9:30 AM ?
Rkg
86. Rkg  Feb 5, 2018 15:16
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Listing date please ?
Rkg
86.1. Rkg  Feb 5, 2018 15:33
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
It is on 6/2/2018
Rkg
86.2. Rkg  Feb 5, 2018 16:06
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Listing tomorrow 6th.
GV
85. GV  Feb 5, 2018 09:56
When is the listing ?

A share market professional suggested me that Vasa may open likely with 35% gain on the opening day :)
SecTheta
84. SecTheta  Feb 4, 2018 22:11
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!
Carn Mohan
83. Carn Mohan  Feb 4, 2018 21:30
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Jisko allot nahi hua uski lottery laggai hi.
Carn Mohan
82. Carn Mohan  Feb 4, 2018 21:27
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Discount listing possible.
High Flyer
81. High Flyer  Feb 4, 2018 15:20
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 ...???
High Flyer
80. High Flyer  Feb 4, 2018 14:58
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 ????
v for vendetta
79. v for vendetta  Feb 3, 2018 19:02
Top Contributor Top Contributor (300+ Posts, 300+ 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.
sachin kumar.sk
78. sachin kumar.sk  Feb 3, 2018 10:56
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.
AlphaQ
78.1. AlphaQ  Feb 3, 2018 12:57
Zerodha is good for delivery based trades
Suhash
77. Suhash  Feb 2, 2018 12:48
Kisi ka amount unblock hua sbi ka
Gainer
77.1. Gainer  Feb 3, 2018 11:48
Yes. Today
Till yesterday it was blocked I thought I got allotment but today they unblocked it.
Carn Mohan
76. Carn Mohan  Feb 3, 2018 09:41
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Don''t by any panney (sme) shares now . sentiment very very negative now.
Becareful save your hard earned money.







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