Vascon Engineers Ltd IPO


IPO Subscription Details

  • Open Date 27 Jan
  • Close Date 29 Jan
  • Lot Size 35
  • IPO Size ₹ 178.2 Cr
  • IPO Price Range ₹ 165
  • Min Investment ₹ 5775

IPO Synopsis

Public issue of 10,800,000 equity shares of Rs. 10 each for cash at a price of Rs. 165 per equity share including a share premium of Rs. 155 per equity share, aggregating Rs. 178.20 Crores (the issue) by the issuer. The issue comprises a net issue to the public of 10,700,000 shares of Rs. 10 each (the net issue) and a reservation of up to 100,000 equity shares of Rs. 10 each for eligible employees (the employee reservation portion). The issue would constitute 11.95% of the fully diluted post issue paid-up capital of the company and the net issue would constitute 11.84% of the fully diluted post issue paid-up capital of the company. The Issue Price: Rs. 165 per equity share of face value Rs. 10 each The Issue price is 16.5 times of the face value

How to apply for 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 Vascon Engineers Ltd IPO

Contact Information

Vascon Weikfield Chambers,
Pune-Nagar Rd Opp Hyatt Hotel,
Pune, Maharashtra 411014

Vascon Engineers Ltd IPO Lead Manager

Enam Securities Pvt LtdKotak Mahindra Capital Company Ltd

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