Vasa Retail and Overseas Ltd SME IPO Details

Vasa Retail and Overseas Ltd was established in 2017, Vasa Retail and Overseas Ltd (VROL) (erstwhile Vasa International – a partnership firm) is primarily deals in all kinds of (a) stationery products viz. artistic materials, hobby colors, scholastic colors, scholastic stationery, office products, drawing instruments, writing instruments, office stationery, adhesives, notebooks, office supplies and writing instruments, books, pens, pencils, erasers, files, copier paper, bags and bottles; (b) procuring paper pulp and supplying the same to paper mills and (c) procuring bag fabric and supplying it to the other bag manufacturers and also using the same for manufacturing its products (school and office bags).

Vasa Retail and Overseas Ltd (Formerly M/s Vasa International) is an ambitious project of Mr.Bhupendra Vasa established in year 1994. Vasa Retail and Overseas Ltd (Formerly M/s Vasa International) commenced its operations in manufacturing, trading a wide range of stationeries and raw materials in India. Later, the firm expanded its reach in Middle East, Africa, Europe and United States. The reigns of the firm were then taken up by Son of the Founder Mr Bhupendra Vasa, Mr.Hardik Vasa in 1998.

Mr.Hardik Vasa is a highly qualified Engineer from MIT (Pune ) and is a MBA graduate from the well renowned IIM Ahmedabad. Under his leadership, the Firm has been a recipient of the Best Exporter’s Award from the Plex Council and also the Top Exporter’s Award from the Stationery Council multiple times. During his on-going tenure, the company is positively looking forward to grow its market share by client acquisitions and other modes of entering into foreign markets. Star products of the company are Stationery, Copier paper , Bag fabrics , Wide range of other types of Paper and Paper pulp. Presently, Company has a client base of approximately 120 overseas clients, has top seller tie ups with 850 stores which include Modern and Traditional Retail Outlets , has bagged the contract of tie up with University Of Oxford and has the privilege of being a master licensee for 24 countries which include SAARC, Middle- East and North African countries.

Vasa Retail and Overseas Ltd IPO Details
Issue Open	24-01-2018
Issue Close	29-01-2018
Allotment Date	02-02-2018
Unblocked Amount	05-02-2018
Listing Date	06-02-2018
Issue Share	16,00,000 Equity Share 88,000 Share Reserved by Market Maker
Issue Size	₹ 4.80 Cr
IPO Price Band	₹ 30
Minimum Investment Amount [Rs]	₹ 1,20,000
Minimum Share Bid	4000
Face Value	₹ 10
Retail Allocation	50%
Listing On	NSE SME
Premium [Per Share]	NA
Average Earning Per Share	NA
Expected Listing Gain	₹ 32000

Vasa Retail and Overseas Ltd IPO Financial details [in Rs, Cr]
Financial Year	Total Revenue	Total Expenses	Profit After Tax
FY-2013	10.48	10.30	0.11
FY-2014	17.56	17.43	0.08
FY-2015	18.82	18.85	-0.11
FY-2016	21.86	21.94	-0.15
FY-2017	23.85	22.62	0.92
H1-FY-2018	17.92	16.75	0.86

Vasa Retail and Overseas Ltd IPO Subscription Details
As on Date	QIB/NII	RII	Total
Shared Offred	7,56,000	7,56,000	15,12,000
Day-1 [24-01-2018]	2,72,000 [0.36]	44,04,000 [5.83]	46,76,000 [3.0]
Day-2 [25-01-2018]	37,52,000[4.97]	2,36,24,000 [31.24]	2,73,76,000 [18.11]
Day-3 [29-01-2018]	13,30,92,000 [176.04]	19,73,24,000 [261.01]	33,04,16,000 [218.53]

Vasa Retail and Overseas Ltd IPO Valuation Details
Earnings Per Share [EPS]	₹ 2.18
P/E Ratio	13.76
RoNW	44.64%
Net Asset Value [NAV]	₹ 4.89 Per Share

Vasa Retail and Overseas Ltd IPO Contact Details
Vasa Retail and Overseas Ltd C - 001, Ground Floor, A/3, Antop Hill Warehousing, Vidyalankar College Marg, Mumbai 400037 Phone: +91 22 2414 1380 Fax: NA Email: investor@vasagroup.in Website: http://www.vasagroup.in

Registrar of Vasa Retail and Overseas Ltd IPO
Bigshare Services Private Limited  E2, Ansa Industrial Estate, Sakivihar Road, Sakinaka, Andheri (E) Mumbai – 400 072 Phone: +91 22 4043 0200  Fax: +91 22 2847 5201 Email: ipo@bigshareonline.com Website: www.bigshareonline.com Investor Grievance Email: investor@bigshareonline.com Contact Person: Mr. Ashok Shetty SEBI Registration No.: INR000001385

Lead Managers of Vasa Retail and Overseas Ltd IPO
HEM SECURITIES LIMITED 904, A Wing,9th Floor Naman Midtown, Senapati Bapat Marg Elphinstone Road Mumbai 400 013, India. Telephone: +91 22 4906 0000 Facsimile: +91 22 2262 5991 Email: ib@hemsecurities.com Contact Person: Mr. Anil Bhargava Website: www.hemsecurities.com SEBI registration number: INM000010981 CIN: U67120RJ1995PLC010390

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