Varun Industries Ltd IPO
IPO Details
- Open Date 25-Oct-07
- Close Date 31-Oct-07
- Lot Size 100
- IPO Size ₹ 54 Cr
- IPO Price Range ₹ 60
- Min Investment ₹ 6000
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
IPO Synopsis
Public issue of 90,00,000 equity shares of face value of Rs.10/- each of Varun Industries Limited (hereinter referred to as the company or issuer) at a price of Rs.60/- for cash at a premium of Rs.50/- per equity share aggregating to Rs.54.00 Crores (hereinafter referred to as the issue) comprising promoters contribution of 24,30,000 equity shares of Rs.10/- each at a price of Rs.60/- for cash at a premium of Rs.50/- per equity share aggregating to Rs.14.58 Crores (hereinafter referred to as the promoters contribution). The net issue to the public is 65,70,000 equity shares of Rs.10/- each at a price of Rs.60/- for cash at a premium of Rs.50/- per equity share aggregating to Rs.39.42 Crores (hereinafter referred to as the net issue). The net issue would constitute 29.71% of post issue paid up capital of our company. The issue price of Rs. 60/- per equity share is 6 times the face value.Varun Industries Ltd Financial Status
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Contact Details of Varun Industries Ltd IPO
Contact Information
13 Shankeshwar Darshan,
A G Pawar Cross Lane Byculla-E,
Mumbai, Maharashtra 400027
Varun Industries Ltd IPO Lead Manager
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