Vertoz Advertising Limited IPO

Vertoz Advertising Limited Company Profile

Vertoz Advertising Limited IPO Listing Date, Allotment StatusVertoz Advertising Limited (VAL) is a programmatic advertising Company. Company was incorporated in the year 2012 having registered office located in Mumbai and has offices in US, UK and UAE through their subsidiaries. It offers engaging and advanced advertising and monetization solutions which replaces the traditional methods of media buying and selling of advertisement.  Vertoz runs advertisement on publisher webpages across multiple devices like desktop, mobile and tablets. This helps both advertisers and publishers to achieve their respective goals.

The Company has proprietary technology, advanced capabilities and programmatic platform is a highly scalable software platform. That provide powers and optimizes the marketplace for the real-time trading of digital advertising inventory between advertisers and publishers. The company has named their platform as Ingenious Plex incorporates proprietary algorithms, sophisticated big-data storage and processing systems, detailed real-time analytics capability and a geographically distributed infrastructure. The intelligent data-driven low potential 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.

Vertoz Advertising Limited  Company Promoters:

Hirenkumar Shah and Ashish Shah

Vertoz Advertising Limited IPO details


Symbol:    VAL

Issue Size: Initial Public offer of up to 15,84,000 Equity Shares

Face Value:  Rs. 10

Price Range: Rs 108

Issue Type:   Fixed Price

Minimum Order Quantity: 1,200 Equity Shares

Issue Period :  14 November 2017 to 16 November 2017

Maximum Subscription Amount for Retail Investor:        Rs. 2,00,000

IPO Market Timings:                    10.00 a.m. to 5.00 p.m.

Listing: NSE, SME

Vertoz Advertising Limited  Company Financials:

Vertoz Advertising’s consolidated financial performance (in INR crore)
FY2016 FY2017 Q1 FY2018
Total Revenue 11.9 20.5 10.0
Total Expenses 11.15 16.6 8.7
Profit After Tax 0.4 3.1 1.0

 

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