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Veer Global Infraconstruction Limited Rights Issue (Veer Global Infraconstruction Rights Issue 2023) Detail

February 24, 2023 - March 10, 2023
Veer Global Infraconstruction Limited Logo

Incorporated in 2012, Veer Global Infraconstruction Limited is engaged in the real estate business.

Veer Global are real estate developers, primarily focusing on the development of residential projects in the Vasai- Virar, and Palghar districts. The company has over 10 years of experience in developing residential projects in the low-income affordable housing segment.

The company offers creative pricing and flexible payment terms ranges within the low-income affordable housing market segment.

Veer Global Infraconstruction Rights Issue 2023 Detail

Issue Open February 24, 2023 - March 10, 2023
Security Name Veer Global Infraconstruction Limited
Issue Size (Shares) 812,000
Issue Size (Amount) ₹10.56 Crores
Issue Price ₹130 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

The entire amount of Rs. 130 is payable at the time of Application.

Entitlement 1 Rights Equity Share(s) for every 9 fully paid-up Equity Shares held on Record Date

Veer Global Infraconstruction Rights Issue 2023 Issue Timetable

Last Date to buy sharesFebruary 9, 2023
Record Date February 10, 2023
Credit of Rights Entitlements February 22, 2023
Bid/Offer Opens On February 24, 2023
Renunciation of Rights Entitlements March 3, 2023
Bid/Offer Closes On March 10, 2023
Deemed Date of Allotment March 21, 2023
Credit Date March 24, 2023
Listing Date March 29, 2023

Company Financials

Veer Global Infraconstruction Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-2135.0113.000.27
31-Mar-2247.627.820.39
Amount in ₹ Crore

Objects of the Issue:

The Company proposes to utilize the net proceeds from the Issue towards funding the following objects.

  1. To part finance Incremental Working Capital;
  2. To meet General corporate purposes;
  3. To meet the expenses of the Issue.

Veer Global Infraconstruction Rights Issue 2023 Documents

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Company Contact Information

Veer Global Infraconstruction Limited
A-01 Shalibhadra Classic,
100 feet Link Road, Near Union Bank of India,
Nalasopara (E), Thane -401 209

Phone: +91-8484817311
Email: mail@veergloballtd.com
Website: http://www.veergloballtd.com/

Veer Global Infraconstruction Rights Issue 2023 Registrar

  1. Purva Sharegistry India Pvt Ltd
    Phone: +91-022-23018261/ 23016761
    Email: support@purvashare.com
    Website: https://www.purvashare.com/investor-service/ipo-query

Veer Global Infraconstruction Rights Issue 2023 Lead Manager(s)

Veer Global Infraconstruction Rights Issue 2023 FAQs

The Veer Global Infraconstruction Rights Issue 2023 opens on February 24, 2023, and closes on March 10, 2023.

Veer Global Infraconstruction Rights Issue 2023 Schedule

Last Date for credit of Rights EntitlementsFebruary 22, 2023
Last Date for renunciation of Rights EntitlementsMarch 3, 2023
Issue Opening DateFebruary 24, 2023
Issue Closing DateMarch 10, 2023
Date of Allotment (on or about)March 21, 2023
Date of Credit (on or about)March 24, 2023
Date of Listing (on or about)March 29, 2023

Veer Global Infraconstruction Rights Issue 2023 price is set at ₹130 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 9 fully paid-up Equity Shares held on Record Date (February 10, 2023).

The record date for the Veer Global Infraconstruction Rights Issue 2023 is February 10, 2023.

The issue size of Veer Global Infraconstruction Rights Issue 2023 is of 812,000 equity shares at ₹130 per share aggregating upto ₹10.56 Crores.

The Letter of Offer for Veer Global Infraconstruction Rights Issue 2023 can be download here.

You can apply for Veer Global Infraconstruction Rights Issue 2023 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Veer Global Infraconstruction Rights Issue 2023 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Veer Global Infraconstruction Rights Issue 2023 available on the list.
  4. Click the Apply button next to the Veer Global Infraconstruction Rights Issue 2023.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Veer Global Infraconstruction Rights Issue 2023 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Veer Global Infraconstruction Rights Issue 2023 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

1 Comments

1. Baba     Link|February 24, 2023 5:36:13 PM
May apply, HODL Diamond Hands

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