Vibhor Steel Tubes Ltd
Registered Office : Plot No.2 Industrial Develop. , Colony Delhi Road , Hisar - 125005 , Haryana , India.
Phone : +91 70303 22880 Fax :
Email :cs@vstlindia.com Website : www.vstlindia.com
Initial public offer of up to 47,79,443* equity shares of face value of Rs. 10 each (Equity Shares) of Vibhor Steel Tubes Limited (Company) for cash at a price of Rs. 151 per equity share (including a premium of Rs. 141 per equity share) (Offer Price) aggregating up to Rs. 72.17 crores through an fresh issue of equity shares. This offer includes a reservation of up to 29,503 equity shares (constituting up to 0.16% of the post-issue paid-up equity share capital of the company) aggregating up to Rs. 0.45 crores for subscription by eligible employees (as defined hereinafter) (the Employee Reservation Portion). The issue less the employee reservation portion is hereinafter referred to as the Net Offer. The issue and the net offer will constitute 25.20% and 25.05% of its post-offer paid-up equity share capital, respectively. The face value of equity shares is Rs. 10 each and the offer price is 15.10 times of the face value of the equity shares. *Subject to finalisation of basis of allotment.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
2/13/2024 12:00:00 AM | 2/15/2024 12:00:00 AM | Rs 151 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 99 Further Multiples of : 99 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 65.37 | Khambatta Securities Ltd |
Project Financed through Current Offer | 72.17 | |
Post Issue Equity Share Capital | 65.37 | |
Issue Price | Rs. 151 |
Projects |
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Funding working capital requirements of the company |
Promoted By | Listing At | Registrar to the Issue | |||
---|---|---|---|---|---|
| - | KFin Techologies Ltd |
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ATTENTION INVESTORS
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.
Risk Disclosure on Derivatives
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
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.