The Vertoz Advertising IPO date has confirmed from November 14, 2017 and ended on November 16, 2017.
Using an IPO, Vertoz Advertising is seeking to raise Rs 17.11 crores. Its price is ₹108 per share.
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Bidding Dates
November 14-16
Price Range
₹108 per share
Face Value
₹10 per share
GMP
₹374.35
Vertoz Advertising IPO GMP
The Vertoz Advertising Limited IPO GMP is ₹374.35.
IPO Overview
Vertoz Advertising IPO is a Rs 17.11 crore fixed price issuance. Bidding for the Vertoz Advertising IPO began on November 14, 2017 and closed on November 16, 2017. On November 24, 2017, the shares were listed on the NSE SME. The IPO price for Vertoz Advertising is 108 per share.
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
Vertoz Advertising IPO Details
| IPO Date | November 14, 2017 to November 16, 2017 |
| Listing Date | November 24, 2017 |
| Face Value | ₹10 per share |
| Price | ₹108 per share |
| Lot Size | |
| Total Issue Size | 1,584,000 shares (aggregating up to ₹17.11 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Vertoz Advertising Financial Performance
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹108.00 |
| Open | ₹113.00 |
| Low | ₹113.00 |
| High | ₹129.60 |
| Last Trade | ₹129.60 |
Vertoz Advertising IPO Listing Details
| Listing Date | November 24, 2017 |
| BSE Script Code | |
| NSE Symbol | VERTOZ |
| ISIN | INE188Y01015 |
| Final Issue Price | ₹108 per share |
Company Profile
Vertoz Advertising Ltd, founded in 2012, is a programmatic advertising company that provides engaging and innovative advertising and monetization solutions that replace traditional ways of media buying and selling. Vertoz provides proprietary technology, advanced capabilities, and a programmatic platform (Ingenious Plex) that supports and optimises the marketplace for the real-time trading of digital advertising inventory between advertisers and publishers. Vertoz generates money from advertisers and publishers who use our product to buy and sell
advertising inventory.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | einward.ris@karvy.com |
| Website | kosmic.kfintech.com |
Contact Details
| Name | Vertoz Advertising Limited |
| Phone number | + 91-22-61426030 |
| Email ID | compliance@vertoz.com |
| Website | vertoz.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
