VMV Holidays Ltd IPO

IPO Synopsis

Public issue of 15,60,000 equity shares of Rs. 10 each (equity shares) of VMV Holidays Limited (VMVHL or the company or the issuer) for cash at par, aggregating to Rs. 1.56 crores (The issue), of which, 80,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (The market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 14,80,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.96% and 26.53%, respectively of the post issue paid up equity share capital of the company.