Veeram Securities Rights Issue dates are not finalized.
Veeram Securities operates as an integrated wholesaler and distributor of branded gold and silver jewellery and ornaments, alongside trading in silver. Its diverse product portfolio includes bangles, earrings, necklaces, anklets, mangalsutra, toe rings, and Zuda, crafted in traditional, modern, and Indo-Western styles to cater to a wide range of regional and cultural preferences across India. The company also offers customized jewellery designed to meet specific client needs.
Though Veeram does not own manufacturing facilities, it collaborates with trusted jewellery manufacturers and skilled artisans primarily based in Ahmedabad and Rajkot. All jewellery is crafted to order specifications, maintaining high standards of authenticity and craftsmanship. Veeram caters to a broad market spectrum—luxury, mid-range, and value-conscious customers—providing certified, high-quality jewellery at affordable prices.
Promoters of Veeram Securities – Mr. Rakshit Mahendra Shah and Mrs. Pinal Rakshit Shah
Veeram Securities Rights Issue Details
| Veeram Securities Rights Issue Date | Coming soon |
| Veeram Securities Rights Issue Price | INR 8 per share |
| Issue Size (in Shares) | 3,78,20,426 shares |
| Issue Size (in INR) | INR 30.26 crore |
| Issue Entitlement | 1 equity share for every 2 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Veeram Securities Rights Issue Record Date | Coming soon |
| Face Value | INR 2 per share |
| Listing On | BSE |
Veeram Securities Rights Issue Calculation
| Veeram Securities Rights Issue Price | INR 8 per share |
| Market Price on Rights Issue Approval | INR 9.28 per share |
| Dilution Factor (X) | 1.5 |
| Fair Value After Dilution at Prevailing Price | INR 8.85 per share |
Veeram Securities Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 18.74 | 18.68 | 19.33 |
| Expenses | 16.00 | 16.48 | 16.20 |
| OPM (%) | 14.62 | 11.78 | 16.19 |
| Net Income | 3.99 | 1.79 | 2.46 |
| ROE (%) | 27.35 | 11.37 | 14.93 |
Veeram Securities Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To meet the Working Capital requirement of the company
- General corporate purposes
Veeram Securities Rights Offer Documents
Veeram Securities Rights Issue Dates
| Rights Issue Approval Date | 5 April 2025 |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Veeram Securities Rights Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
VEERAM SECURITIES LIMITED
Ground & First Floor, 7, Natvarshyam Co Op Ho
S Ltd Opp. Orchid Park, Ramdevnagar Road,
Sattelite, Ahmedabad 380051, Gujarat, India
Phone: +91 9925266150
Email: [email protected]
Website: www.veeramsecuritiesltd.com
Veeram Securities Rights Offer FAQs
What is the Veeram Securities Rights Issue Price?
The issue price is INR 8 per share.
What is the Veeram Securities Rights Issue entitlement ratio?
The eligible shareholders are offered 1 Equity Share for every 2 Equity Shares held on the record date.
What is the Veeram Securities Rights Issue Record Date?
The Record date is coming soon.
How to Apply in Veeram Securities Rights Offer?
The best way to apply in Veeram Securities Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
