Good news for the investors who love the SME IPO to earn in short period (10-14 days). Vasa Retail & Overseas Ltd. Is coming with the IPO of 1,600,000 equity shares and the main thing is that each face value of INR 10 each at a fixed price of INR 30 / equity share.

Let’s have a look at the brief of Initial Public Offering Vasa Retail & Overseas Ltd IPO details:

Opening Date: Jan 24, 2018

Closing Date: Jan 29, 2018

IPO size: 1,600,000 Equity Shares (up to INR 4.80 crore)

Issue Price: INR 30 / Equity Share

Market Lot: 4000 shares

Listing at: NSE SME

About Company – Vasa Retail & Overseas Ltd:

Incorporated in 2017, Vasa Retail & Overseas Ltd deals in all types of artistic materials, stationery products, scholastic & hobby colors, office products, writing instruments, notebooks and much more.

Prediction:

As Government is putting big trust in the education field; the stationery sector is highly poised for bright prospects. If we consider the recent performance & prospects; this will be a good investment for a long-term.