Vertoz Advertising IPO

Vertoz Advertising IPO

Business description from prospectus - Vertoz Advertising IPO 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. The Company’s proprietary technology, advanced capabilities and programmatic platform 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.

The company’s platform - Ingenious Plex - incorporates proprietary algorithms, sophisticated big-data storage and processing systems, detailed real-time analytics capability and a geographically distributed infrastructure. It analyzes hundreds of data points in real time and executes over 10,00,000 (10 Lakh /1 Million) queries per second. The intelligent data-driven low latency system has transformed the complicated process of buying and selling digital advertising into a seamless automated process that optimizes results for both advertisers and publishers. The advertisers can run advertisement on publisher webpages across multiple devices like desktop, mobile and tablets. This helps both advertisers and publishers to achieve their respective goals.

Promoters of Vertoz Advertising – Hirenkumar Shah and Ashish Shah

Vertoz Advertising IPO details

Subscription Dates 14 - 16 November 2017
IPO Price band INR108 per share
Fresh issue 1,584,000 shares (INR17.11 crore)
Offer for sale Nil
Total IPO size 1,584,000 shares (INR17.11 crore)
Minimum bid (lot size) 1,200 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform

Vertoz Advertising's consolidated financial performance (in INR crore)

FY2016 FY2017 Q1 FY2018
Total revenue 11.9 20.5 10.0
Total expenses 11.5 16.6 8.7
Profit after tax 0.4 3.1 1.0

Vertoz Advertising Limited
602, Avior, Nirmal Galaxy L.B.S. Marg
Opp. Johnson & Johnson
Mulund (W), Mumbai- 400080

Phone: +91 22 6142 6030
Email: [email protected]
Website: www.vertoz.com

Day

Subscription (no. of times)

Day 1 0.08
Day 2 0.31
Day 3 4.24

 

Earnings Per Share (EPS): INR1,531.44

Price/Earnings (P/E) ratio: 0.07

Return on Net Worth (RONW): 81.59%

Net Asset Value (NAV): INR1,876.91 per share

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551 
Email:
 [email protected]
Website: www.karvycomputershare.com

Vertoz Advertising IPO allotment status is now available on Karvy Computershare’s website. Click on this link to get allotment status.

IPO Opening Date: 14 November 2017

IPO Closing Date: 16 November 2017

Listing Date: 24 November 2017

Listing Price on NSE SME: INR113 per share (up 4.6% from IPO price)

Closing Price on NSE SME: INR129.6 per share (up 20% from IPO price)

Vertoz Advertising IPO
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3 thoughts on “Vertoz Advertising IPO

  • November 17, 2017 at 4:10 PM
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    when the listing will be ?

    Reply
  • November 11, 2017 at 12:35 PM
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    Listing on NSE only date of listing is not indicated. Since how many years company is working successfully.ehat will be perium after listing.pl inform.

    Reply
  • November 10, 2017 at 9:47 PM
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    Vertoz has good financial backing, not completely showing on this page but I’ve worked with them in past. Good company overall. The shares are very cheap. One can make good money in this company.

    Reply

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