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15 Days Price Change

Veritaas Advertising IPO

Closing In

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WEBSITE Inc. Year: 2018 Industry: Advertising & Media Listed Page

Profile
Issue Size --
Profile
Price Range 109  to  114 per share
Profile
Min Investment ₹114
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Veritaas Advertising Ltd is a dynamic marketing firm specializing in innovative advertising solutions. Established with a commitment to creativity and client satisfaction, Veritaas excels in crafting compelling campaigns tailored to diverse audiences. With a talented team of strategists, designers, and marketers, the company offers comprehensive services ranging from branding and digital marketing to traditional media advertising. Veritaas distinguishes itself through a strategic approach, leveraging market insights to deliver impactful messaging that resonates with consumers. Committed to excellence, the company prioritizes collaboration, transparency, and integrity in all client interactions. With a proven track record of success, Veritaas Advertising Ltd stands as a trusted partner for businesses seeking to elevate their brand presence and drive tangible results in today's competitive marketplace. Read More

Basic Info

Face Value 10 per share

Price 109  to  114 per share

P/E (x) 21.9

Sales( Cr.) 15

PAT( Cr.) 1

EPS 5.2

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Debojyoti Banerjee Sangita Debnath Mina Debnath.

Pre Issue Share Holding 88.74%

Post Issue Share Holding 88.74%

Listing Details:

Listing Price: 275

Listing Gain: 58.55%

Current Price: 48

Gain On Issue: 48 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date May 13, 2024
Closing Date May 15, 2024
Allotment May 16, 2024
Refund May 17, 2024
Delivery of Shares May 17, 2024
Listing Date May 20, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 136,800
Retail (Max) 1 1200 136,800
S-HNI (Min) 2 2400 273,600
S-HNI (Max) 7 8400 957,600
B-HNI (Min) 8 9600 1,094,400

Objective of the Issue

1. Funding the capital expenditure towards setting up of new Police Booths in West Bengal, Assam, Maharashtra and Delhi 2. Funding the capital expenditure in Pole Kiosks for setting up of traffic signal point displays in Kolkata, Mumbai and Pune 3. General Corporate Purposes

Issue

Category Nos Bid Bid (x)
QIB 372000 38096520 102.4x
NII 111600 70258896 629.6x
Retail 260400 257650176 989.4x
EMP 0 0 0x
Total 744000 462485280 621.6x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Veritaas Advertising Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 2 3 8 10 15
Other Income 0 0 0 0 0
Total Income 2 3 8 10 15
Total Expenditure 2 3 7 7 12
Operating Profit 0 0 1 3 4
Interest 0 0 0 0 0
Depreciation 0 0 0 0 1
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 0 0 1 2 2
Provision for Tax 0 0 0 1 1
Profit After Tax 0 0 0 2 1
Adjustments 0 0 0 0 0
Profit After Adjustments 0 0 0 2 1
Adjusted Earnings Per Share 9.4 0.7 2.3 8.2 5.2

Veritaas Advertising Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 0 0 1 4 12
Minority's Interest 0 0 0 0 0
Borrowings 0 0 0 1 1
Other Non-Current Liabilities 0 -0 -0 0 0
Total Current Liabilities 1 2 4 5 10
Total Liabilities 2 3 5 10 23
Fixed Assets 0 0 1 3 6
Other Non-Current Assets 0 0 0 2 0
Total Current Assets 1 3 5 5 15
Total Assets 2 3 5 10 23

Veritaas Advertising Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0
Cash Flow from Operating Activities 0 -0 0 -0 -1
Cash Flow from Investing Activities -0 -0 -1 -4 -9
Cash Flow from Financing Activities 0 1 0 3 10
Net Cash Inflow / Outflow 0 0 -0 -1 0
Closing Cash & Cash Equivalent 0 0 0 -1 0

Veritaas Advertising Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 9.39 0.67 2.27 8.17 5.24
CEPS(Rs) 9.5 0.91 3.56 10.2 9.09
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 11.97 2.42 4.67 17.61 37.96
Core EBITDA Margin(%) 9.88 6.48 12.05 29.5 23.05
EBIT Margin(%) 11.44 5.77 10.45 25.51 17.22
Pre Tax Margin(%) 11.44 4.99 8.65 22.97 14.05
PAT Margin (%) 8.56 3.73 5.55 16.41 9.75
Cash Profit Margin (%) 8.65 5.11 8.69 20.49 16.93
ROA(%) 12.95 5.98 10.78 22.49 9.1
ROE(%) 78.47 35.52 64.17 74.77 20.56
ROCE(%) 104.85 26.71 47.25 65.58 23.48
Receivable days 221.79 164.91 105.58 114.13 117.94
Inventory Days 0 0 0.4 4.82 12.11
Payable days 245.48 198.29 115.38 213.2 173.71
PER(x) 0 0 0 0 16.08
Price/Book(x) 0 0 0 0 2.22
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) -0.02 0.14 0.14 0.38 1.55
EV/Core EBITDA(x) -0.18 1.99 1.04 1.3 6.36
Net Sales Growth(%) 0 46.25 129.94 33.58 46.43
EBIT Growth(%) 0 -26.22 316.51 226.08 -1.18
PAT Growth(%) 0 -36.21 241.73 295.18 -13
EPS Growth(%) 0 -92.91 241.73 259.26 -35.93
Debt/Equity(x) 0 1.63 1.52 0.59 0.53
Current Ratio(x) 1.18 1.2 1.14 1.06 1.5
Quick Ratio(x) 1.18 1.2 1.14 1.01 1.43
Interest Cover(x) 0 7.36 5.81 10.06 5.44
Total Debt/Mcap(x) 0 0 0 0 0.24

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 50% 71% 0% 0%
Operating Profit CAGR 33% 0% 0% 0%
PAT CAGR -50% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -41% NA% NA% NA%
ROE Average 21% 53% 55% 55%
ROCE Average 23% 45% 54% 54%

Company Contact Information

Veritaas Advertising Ltd.

38/2 A, Gariahat South Road Dhakuria Rash Behari Avenue

IPO Lead Manager(s)

Veritaas Advertising Ltd.

Horizon Management Pvt Ltd.

Registrar Info

Veritaas Advertising Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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