V-Marc India Ltd IPO

Closed

IPO Subscription Details

  • Open Date 25 Mar
  • Close Date 31 Mar
  • Lot Size 3000
  • IPO Size ₹ 23.4 Cr
  • IPO Price Range ₹ 39
  • Min Investment ₹ 117000

IPO Synopsis

Initial Public Offer consisting of fresh issue of upto 60,00,000 equity shares of face value of Rs. 10/- each (Equity shares) of V-Marc India Limited (Company or Issuer) for cash at a price of Rs. 39 per equity share (Including a share premium of Rs. 29 per equity share) aggregating upto Rs. 23.40 Crores (The issue). The issue includes a reservation of upto 3,00,000 equity shares of face value Rs. 10/- each at a price of Rs. 39 per equity share aggregating Rs. 1.17 Crores for subscription by the market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. net issue of upto 57,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 39 per equity share, aggregating Rs. 22.23 Crores is hereinafter refered to as the Net issue. The issue and the net issue will Constitute 26.33 % and 25.02 % respectively of the post issue paid up equity share capital of the company. The Face Value of Equity Shares is Rs. 10 Each. The company is 3.9 times of the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of V-Marc India Ltd IPO

Contact Information

Address

P No 3 4 18 20A Sector IIDC,
SIDCUL,
Haridwar, Uttaranchal 249403

V-Marc India Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd