Vishal Bearings Ltd RHP
Registered Office : Survey No 22/1 Plot No 1 , Shapar Main Road , Rajkot - 360024 , Gujarat , India.
Phone : 91-2827-252273/252414 Fax : 91-2827-253087
Email :compliance@vishalbearings.com; info@vishalbearings Website : www.vishalbearings.com
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.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
9/28/2015 12:00:00 AM | 9/30/2015 12:00:00 AM | Rs 25 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 2.86 | Hem Securities Ltd |
Project Financed through Current Offer | 3.24 | |
Post Issue Equity Share Capital | 2.86 | |
Issue Price | Rs. 25 |
Projects |
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To Meet Working Capital Requirement |
Promoted By | Listing At | Registrar to the Issue | |||
---|---|---|---|---|---|
| - | KFin Techologies Ltd |
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.