Vishal Bearings Ltd IPO
IPO Details
- Open Date 28-Sep-15
- Close Date 30-Sep-15
- Lot Size 6000
- IPO Size ₹ 3.24 Cr
- IPO Price Range ₹ 25
- Min Investment ₹ 150000
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
IPO Synopsis
Public issue of 12,96,000 Equity shares of face value of Rs.10/- each of Vishal Bearings Ltd (The Company or The issuer) for cash at a price of Rs. 25/- per equity share (Including a share premium of Rs.15/- per equity share) (Issue Price) aggregating to Rs. 3.24 Crores. As The Issue of which 72,000 equity shares of face value Rs. 10/- each at a price of Rs. 25/- per equity share aggregating to Rs. 0.18 Crores shall be reserved for subscription by market maker to the issue (The Market makers reservation portion). The Issue Less the market maker reservation portion i.e. issue of 12,24,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 25/- per equity share aggregating to Rs. 3.06 Crores. The Issue and the net issue will constitute 27.02% and 25.52% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- per equity share and the issue price is Rs. 25/-. The issue price is 2.5 times of te face value.Vishal Bearings Ltd Financial Status
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Contact Details of Vishal Bearings Ltd IPO
Contact Information
Survey No 22/1 Plot No 1,
Shapar Main Road,
Rajkot, Gujarat 360024
Vishal Bearings Ltd IPO Lead Manager
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