Vaksons Automobiles Ltd IPO

Closed

Subscription Details

  • Open Date 28 Sep
  • Close Date 01 Oct
  • Lot Size 4000
  • IPO Size ₹ 6.24 Cr
  • IPO Price Range ₹ 26
  • Min Investment ₹ 104000

Vaksons Automobiles Ltd IPO Timeline

Open Date
28 Sep
Close Date
01 Oct
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 2400000 equity shares of Rs. 10 each (equity shares) of Vaksons Automobiles Limited (Val or The company or the issuer) cash at a price of Rs. 26 per share (The issue price), aggregating to Rs. 6.24 crores (The Issuer), of which 128000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (The market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 2272000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 36.50% and 34.55% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 2.60 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 Vaksons Automobiles Ltd IPO

Contact Information

Address

105 I Flr Barodia Tower No. 12,
Central Market Prashant Vihar,
New Delhi, Delhi 110085

Vaksons Automobiles Ltd IPO Lead Manager

Aryaman Financial Services LtdBCB Brokerage Pvt Ltd
Open Demat Account