Vigneshwara Exports Ltd IPO


IPO Subscription Details

  • Open Date 07 Jun
  • Close Date 16 Jun
  • Lot Size 50
  • IPO Size ₹ 52.36 - 59.02 Cr
  • IPO Price Range ₹ 110
  • Min Investment ₹ 5500

IPO Synopsis

Public issue of 47,60,000 equity shares of Rs.10 each for cash at a price of Rs.[*] per equity share aggregating Rs.[*] lakhs by Vigneshwara Exports Limited (VEL or issuer or the company) including a reservation for eligible employees of 360,000 equity shares of Rs.10 each, at the issue price. The net issue to the public is of 44,00,000 equity shares of Rs.10 each (the net issue) and the issue would constitute 46.21% of the total post issue paid-up equity capital of the company. Price band: Rs.110 to Rs.124 per equity share of Rs. 10/- each The face value of the equity shares is Rs.10/- each. The issue price is 11 times the face value at the lower end of the price band and 12.4 times the face value at the higher end of the price band

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 Vigneshwara Exports Ltd IPO

Contact Information

450-451 Kewal IndustrialEstate,
Senapati Bapat Marg LowerParel,
Mumbai, Maharashtra 400013

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