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 Opening Date	Jan 24, 2018
IPO Closing Date	Jan 29, 2018
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹30 per equity share
Market Lot	4000 Shares
Min Order Quantity	4000 Shares
Listing At	NSE SME
Issue Size	1,600,000 Eq Shares of ₹10 (aggregating up to ₹4.80 Cr)

Vasa Retail IPO Lot Size

The Vasa Retail IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	4000	₹120,000
Maximum	1	4000	₹120,000

Vasa Retail IPO Subscription Status (Bidding Detail)

The Vasa Retail IPO is subscribed 218.00x times on Jan 29, 2018 17:00. The public issue subscribed 259.96x in the retail category, in the QIB category, and 175.44x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
NII	175.44x
RII	259.96x
Total	218.00x

Vasa Retail IPO Prospectus

› Vasa Retail IPO RHP

Vasa Retail IPO Rating

204

4.0

Rating:

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Vasa Retail IPO Listing Date

Listing Date	Tuesday, February 6, 2018
BSE Script Code
NSE Symbol	VASA
Listing In
ISIN	INE068Z01016
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

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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 Lead Manager(s)

Hem Securities Limited

Lead Manager Reports

Vasa Retail IPO FAQs

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 is priced at ₹30 per equity share. The minimum order quantity is 4000 Shares.

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.
When Vasa Retail IPO will open?

The Vasa Retail IPO opens on Jan 24, 2018 and closes on Jan 29, 2018.
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.
How to apply for Vasa Retail IPO?

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
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.
When is Vasa Retail IPO listing date?

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

Vasa Retail IPO Message Board

Ranked Members

95. Reet |Feb 9, 2018 06:22

So many circuits.. is it operators game or geniune company

94. CaptSingh |Feb 2, 2018 11:01

Got the 1st SME allotment 1/1 under NII

Load more comments (9 replies)

94.10. Reet |Feb 8, 2018 23:03

Hi , r u still holding vasa retail or sold it ?? So many upper circuits

94.11. Reet |Feb 11, 2018 15:50

Friday I sold considering 4th circuit , @captsingh u still holding it?

93. SHANI |Feb 8, 2018 09:29

Top Contributor (200+ Posts, 200+ Likes)

one more high value ipo...down...down...

92. bhanu prasanth |Feb 6, 2018 11:20

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?

91. v for vendetta |Feb 6, 2018 10:42

Top Contributor (300+ Posts, 300+ Likes)

Locked in UC with good buying orders.
Good sign, congratulations to allotees.

90. Vijendra |Feb 6, 2018 09:48

showing 36 as of now ..buyers are more

89. an Investor |Feb 6, 2018 07:31

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

89.1. v for vendetta |Feb 6, 2018 08:34

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.

88. Umang and his ultrasonic uproar |Feb 5, 2018 18:43

IPO Mentor (500+ Posts, 500+ Likes)

Those who are alloted, sell at first UC, because there won''t be 2nd UC, given market conditions.

Load more comments (1 replies)

88.2. AhireR |Feb 14, 2018 18:35

IPO Mentor (500+ Posts, 800+ Likes)

Still in uc..we can never ever predict market..

88.3. Umang and his ultrasonic uproar |Feb 14, 2018 21:13

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

87. D Tanwar |Feb 5, 2018 17:26

Generally at what time IPOs list, 9:30 AM ?

86. Rkg |Feb 5, 2018 16:16

Top Contributor (300+ Posts, 100+ Likes)

Listing date please ?

86.1. Rkg |Feb 5, 2018 16:33

Top Contributor (300+ Posts, 100+ Likes)

It is on 6/2/2018

86.2. Rkg |Feb 5, 2018 17:06

Top Contributor (300+ Posts, 100+ Likes)

Listing tomorrow 6th.

85. GV |Feb 5, 2018 10:56

When is the listing ?

A share market professional suggested me that Vasa may open likely with 35% gain on the opening day :)

84. SecTheta |Feb 4, 2018 23:11

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!

83. Carn Mohan |Feb 4, 2018 22:30

IPO Mentor (700+ Posts, 200+ Likes)

Jisko allot nahi hua uski lottery laggai hi.

82. Carn Mohan |Feb 4, 2018 22:27

IPO Mentor (700+ Posts, 200+ Likes)

Discount listing possible.

81. High Flyer |Feb 4, 2018 16:20

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 ...???

80. High Flyer |Feb 4, 2018 15:58

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 ????

79. v for vendetta |Feb 3, 2018 20:02

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.

78. sachin kumar.sk |Feb 3, 2018 11:56

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.

78.1. AlphaQ |Feb 3, 2018 13:57

Zerodha is good for delivery based trades

77. Suhash |Feb 2, 2018 13:48

Kisi ka amount unblock hua sbi ka

77.1. Gainer |Feb 3, 2018 12:48

Yes. Today
Till yesterday it was blocked I thought I got allotment but today they unblocked it.

76. Carn Mohan |Feb 3, 2018 10:41

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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