IPO Issue Details
Issue Price / Price Band₹108 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size15,84,000 shares (aggregating up to ₹17.11 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 14 Nov 2017
Subscription CloseThu, 16 Nov 2017
Anchor AllotmentMon, 13 Nov 2017
Basis of AllotmentWed, 22 Nov 2017
Initiation of RefundsThu, 23 Nov 2017
Credit of Shares to DematThu, 23 Nov 2017
Listing DateFri, 24 Nov 2017
UPI Mandate Deadline2017-11-16
Application & Investment Details
Retail — Min (1 Lots)129600 — 1200 shares
Retail — Max (13 Lots)₹1,684,800 (13 Lots)
HNI — Min (2 Lots)259200 — 2400 shares
Net Offer to Public15,04,800 shares (aggregating up to ₹16.25 Cr)
Reserved for Market Maker79,200 shares (aggregating up to ₹0.8554 Cr)
Pre-IPO Promoter Holding44,01,000 shares
Post-IPO Promoter Holding59,85,000 shares
About Vertoz Advertising Ltd
Incorporated in 2012, Vertoz Advertising Ltd is a programmatic advertising company that offers engaging and innovative advertising and monetization solutions which replaces the traditional methods of media buying and selling of advertisement. Vertoz has proprietary technology, advanced capabilities and programmatic platform (Ingenious Plex) is a highly scalable software platform that powers and optimizes the marketplace for the real-time trading of digital advertising inventory between advertisers and publishers. Vertoz generate revenue from advertisers and publishers who use our solution for the purchase and sale of advertising inventory respectively. Company has offices in US, UK and UAE through its subsidiaries. Company has 115 employees. Competitive Strengths• Experienced promoters and efficient technical personnel:• Customer focused• Proprietary, data-driven understanding of consumer intent and behavior• Keeping up changing technology trends• Scalable business model• Brand safety
Objects of the Issue
Vertoz Advertising Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of working capital requirements of the Company
4
2
Funding of working capital requirements of our Subsidiaries Vertoz Inc. and Vertoz Limited
9
3
General Corporate Expenses
3.66
Shareholding & Lock-in
Pre-IPO Promoter Holding
44,01,000 shares
Post-IPO Promoter Holding
59,85,000 shares