Veritaas Advertising IPO — Listing Performance
Veritaas Advertising IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 13 May 2024 |
| Listing date | 21 May 2024 |
| Issue price | ₹114 |
| Listing-day close | ₹261.25 (129.17%) |
| Recent market price | ₹27.50 (-75.88% vs issue) |
| Identifiers | NSE: VERITAAS · ISIN: INE0SRI01019 |
How the listing went
Veritaas Advertising delivered a blockbuster debut, closing its first session 129.17% above the issue price.
Veritaas Advertising against every other debut on record
- Rank in 2024: 26 of 262 NSE debuts, on a 129.17% first-day close.
- 88th percentile of 176 SME debuts in 2024 (median 41.27%).
- 6th of 19 debuts in May 2024.
- Opened 141.23% above issue, then gave up 12.06 points to the close.
- Day-one range ₹261.25 to ₹288.75: a 24.12% swing on the issue price.
- Last close ₹27.50 (11 Sep 2026): 75.88% below issue, against 129.17% on day one.
- Priced at the top of the ₹109 to ₹114 band.
- Listed 6 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources