Vivid Mercantile Ltd IPO
Subscription Details
- Open Date 28 Sep
- Close Date 12 Oct
- Lot Size 2000
- IPO Size ₹ 10.74 Cr
- IPO Price Range ₹ 51
- Min Investment ₹ 102000
IPO Synopsis
Public issue of 21,06,000 equity shares of face value of Rs.10/- each (equity shares) of Veeram Infra Engineering limited ( the company or the issuer) for cash at a price Rs.51/- per equity share (including a share premium of Rs. 41/- per equity share) (issue price) aggregating to Rs.10.74 Crores(the issue), of which 1,10,000 equity shares of face value of Rs.10/- each for a cash price of Rs.51/- per equity share, aggregating to Rs 0.56 Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 19,96,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 51 per equity share aggregating to Rs. 10.18 Crores (is here in after referred to as the net issue). The issue and the net issue will constitute 26.47% and 25.09%, 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 of Rs. 51/- i.e. 5.1 times of the face value.Vivid Mercantile Ltd Financial Status
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Contact Details of Vivid Mercantile Ltd IPO
Contact Information
Address
Basement Medicare Centre,
Behind M J Library Ellisbridge,
Ahmedabad, Gujarat 380006