SME IPO: VERTOZ ADVERTISING LIMITED
|Issue Size||17.11 cr|
|Lead Manager||Guiness Corporate Advisors Private Limited|
|Registrar||Bigshare Services Pvt Ltd|
602, Avior, Nirmal Galaxy L.B.S. Marg, opp. Johnson & Johnson, Mulund (west) Mumbai- 400080
Promoters of the Company:
- HIRENKUMAR SHAH
- ASHISH SHAH
Profile of the Company :
We are a programmatic advertising Company that offers engaging and innovative advertising and monetization solutions which replaces the traditional methods of media buying and selling of advertisement. Our Company’s proprietary technology, advanced capabilities and programmatic platform is a highly scalable software platform that powers and optimizes the marketplace for the real-time trading of digital advertising inventory between advertisers and publishers. We call our platform as a “Ingenious Plex – The Complete Advertising and Monetization Suite”.
Our Ingenious Plex incorporates proprietary algorithms, sophisticated big-data storage and processing systems, detailed real-time analytics capability and a geographically distributed infrastructure. We analyze hundreds of data points in real time and execute over 10,00,000 (10 Lakh /1 Million) queries per second.
Object of the ISSUE :
1. Funding of working capital requirements of the Company.
2. Funding of working capital requirements of our Subsidiaries Vertoz Inc. and Vertoz Limited.
3. General Corporate Expenses
4. Issue Expenses
P/E@ Standalone basis : 0.19
Consolidated : 0.07
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