Bidding Dates
13 May 24 - 15 May 24
Price Range ₹
109 - 114
Total Equity
₹ 8.89Cr
Lot Size
1200
Exchange Status
NSE
IPO Doc
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
Offer start
13 May 2024
Offer end
15 May 2024
Allotment
16 May 2024
Refund initiation
17 May 2024
Demat transfer
17 May 2024
Listing
21 May 2024
Offer start
13 May 2024
Offer end
15 May 2024
Allotment
16 May 2024
Refund initiation
17 May 2024
Demat transfer
17 May 2024
Listing
21 May 2024
Established on July 31, 2018, Veritas Advertising Limited is a full-service advertising agency offering comprehensive solutions across multiple platforms. With advertising spaces in West Bengal, Guwahati, and Shillong, the company stands out as one of the rare agencies owning media for marketing and advertising purposes. Additionally, it operates in major cities like Delhi, Mumbai, and Pune. Veritas Advertising Limited provides a premium ecosystem and a wide range of advertising solutions, including Brand Strategy, Events, and Outdoor (OOH) Media services. These encompass various advertisement modes such as police booth hoardings, newspaper insertions, brochures, and outdoor hoardings. The company's services are designed to achieve multiple objectives for its clients. These include establishing a strong brand presence and educating customers about their products or services. Additionally, the company focuses on expanding brand reach and visibility across various platforms. Through strategic marketing efforts, it aims to foster high recall and goodwill for the brand among its target audience. Moreover, the company emphasizes engaging and interacting with targeted customers to build lasting relationships and loyalty. Ultimately, the goal is to drive tangible results by increasing sales and enhancing conversions for its clients. The company boasts a clientele that includes prominent names like TVS, Honda, Ultratech Cement, Star Cement, Greenply, ITC Limited, Raipur Electronics, Mitsubishi Electric, ILS Hospitals, ICA, and Delhi Public School, among others.
Year Founded
31-07-2018
Promotor Details
Particular | Pre-IPO | Post-IPO |
---|---|---|
Percentage | 88.74 | 65.36 |
Share Capital | 1845000 | 1845000 |
7,80,000.00 Cr
Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
---|---|---|---|---|---|
2024 | 981.53 | 207.90 | 169.89 | 169.89 | 8.1717 |
2021 | 152.32 | 1.00 | 12.58 | 12.58 | 0.6656 |
2022 | 268.59 | 9.00 | 19.72 | 19.72 | 9.3905 |
2023 | 529.27 | 9.00 | 19.72 | 19.72 | 9.3905 |