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Veritaas Advertising Limited IPO

Veritaas Advertising Limited was a SME IPO in the Advertising & Media Agencies sector, offered at ₹109–₹114 per share to raise ₹8 crore. It listed on 21 May 2024 at ₹275 and closed its first day at ₹261, a listing gain of +129.2% versus the ₹114 issue price.

Frequently asked questions

What were the Veritaas Advertising Limited IPO listing gains?
Veritaas Advertising Limited listed on 21 May 2024 at ₹275, closing its first day at ₹261 — a listing gain of +129.2% versus the ₹114 issue price.
What was the price band and lot size of the Veritaas Advertising Limited IPO?
The price band was ₹109–₹114 per share, with a minimum lot of 1,200 shares (₹1,36,800 at the upper band).
Who were the registrar and lead manager for the Veritaas Advertising Limited IPO?
MAS Services Limited was the registrar, and Horizon Management was the book-running lead manager.