Veekayem Fashion and Apparels Limited
Aug 5, 2022 - Aug 11, 2022
| Price | ₹28 - ₹28 |
| Premium | ₹20 |
|---|---|
| Lot size | 4000 |
| Allotment | - |
| Listing | - |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 4000 | 112000 | 0 |
| HNI | 2 | 8000 | 224000 | 0 |
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 355.85 |
| Retail Investors | 247.09 |
| Employees | [.] |
| Others | [.] |
| Total | 301.47 |
Incorporated in 1985, Veekayem Fashion and Apparels Limited is engaged in the business of weaving and garment manufacturing. The company's product portfolio includes two main product categories: Textile the company manufactures Greige Fabrics including 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting - Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen and Garments the company manufacture all types of readymade garments for men and women, such as formal shirts, cotton shirts, formal trousers, cotton trousers, cotton joggers, cotton shorts, pyjamas and Bermuda.
Veekayem Fashion's manufacturing facility is situated at Umargaon in the state of Gujarat. The manufacturing facility is installed with automated machinery capable of manufacturing 5,00,000 meters of fabric per month and 1,50,000 pcs of readymade garments per month.
Competitive Strength:
- Consistency in Quality and Service Standards.
- Scalable Business Model.
- Product mix and Market mix.
- Cost-effective production and timely fulfilment of orders.
- Experienced management and dedicated employee base.
- Wide sales and distribution network.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | ||
|---|---|---|---|---|---|
| 31-Mar-19 | 11789.3 | 20317.36 | 228.31 | ||
| 31-Mar-20 | 12090.4 | 21571.46 | 109.1 | ||
| 31-Mar-21 | 12351.95 | 7670.06 | 35.25 | ||
| 31-Mar-22 | 13267.19 | 14947.02 | 188.54 | ||
| Amount in ₹ Lakhs | |||||
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: veekayem.ipo@kfintech.com
Website: https://karisma.kfintech.com/