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25 November 2017

IPO Synopsis

Vertoz Advertising Ltd
Registered Office: 602 Avior Nirmal Galaxy,LBS Marg Mulund (West) , Mumbai - 400080 , Maharashtra , India.
Phone : 91-22-61426030   Fax:91-22-61426061
Email :  compliance@vertoz.com  
Website :  www.vertoz.com
Public issue of 15,84,000 equity shares of a face value of (Rs)10/- each (the "equity shares") of Vertoz Advertising Limited ("The Company" or "VAL" or "The Issuer") for cash at a price of (Rs)108/- per equity share (including a share premium of (Rs)98.00 per equity share) ("issue price") aggregating to (Rs)17.11 crores ("the issue") of which 79,200 equity shares aggregating to (Rs)0.86 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 15,04,800 equity shares of face value of (Rs)10.00 each at an issue price of (Rs)108.00 per equity share aggregating to (Rs)16.25 crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.47% and 25.14%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10 each and the issue price is (Rs)108. The issue price is 10.80 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
14-Nov-17 16-Nov-17 (Rs)108.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 17.11
Guiness Corporate Advisors Pvt Ltd
Project Financed through Current Offer 17.11  
Post Issue Equity Share Capital 5.99  
Issue Price (Rs)108.00  
 
Projects
Funding of working capital requirements of the companyGeneral corporate expenses
Funding of working capital requirements of the subsidiaries Vertoz Inc. and Vertoz Ltd
Promoted By
Hirenkumar Shah  
Ashish Shah  
Listing At
NSE - SME 
Registrar to the Issue
Karvy Computershare Pvt Ltd 
 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS