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Veekayem Fashion and Apparels Limited IPO

Veekayem Fashion and Apparels Limited was a SME IPO in the Garments & Apparels sector, offered at ₹28–₹28 per share to raise ₹4 crore. It listed on 22 Aug 2022 at ₹50 and closed its first day at ₹50, a listing gain of +78.6% versus the ₹28 issue price. It now trades around ₹164 (+487.5% versus the issue price).

Frequently asked questions

What were the Veekayem Fashion and Apparels Limited IPO listing gains?
Veekayem Fashion and Apparels Limited listed on 22 Aug 2022 at ₹50, closing its first day at ₹50 — a listing gain of +78.6% versus the ₹28 issue price.
What was the price band and lot size of the Veekayem Fashion and Apparels Limited IPO?
The price band was ₹28–₹28 per share, with a minimum lot of 4,000 shares (₹1,12,000 at the upper band).
Who were the registrar and lead manager for the Veekayem Fashion and Apparels Limited IPO?
KFin Technologies Limited was the registrar, and GYR Capital Advisors was the book-running lead manager.