Veto Switchgears & Cables Ltd - Prospectus Synopsis

Veto Switchgears & Cables Ltd RHP

Registered Office : 506 5 Flr Plot B-9 New Link Rd , Landmark Building Andheri (W) , Mumbai - 400058 , Maharashtra , India.

Phone : 91-141-4100400  Fax : 91-141-4100410

Email :    Website :

Public issue of 5,000,000 equity shares of Rs. 10 each for cash at a price of Rs. 50/- per equity share (including a share premium of Rs. 40/- per equity share) aggregating upto Rs. 25.00 crores (The Issue) by the company, of which 834,000 equity shares will be reserved for subscription by Market Maker(s) to the issue (Market Maker Reservation Portion). The Issue less the Market Maker reservation portion i.e. issue of 4,166,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The Issue and the Net Issue will constitute 30.01% and 25.01%, respectively of the post issue paid up equity share capital of the company. Issue Price: Rs. 50 per equity share of face value of Rs. 10/-. The Issue price is 5 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
03-Dec-2012 05-Dec-2012 Rs 50 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
  Rs Cr Lead Managers to the Issue
Project Cost 25.5 Indian Overseas Bank
Project Financed through Current Offer 25  
Post Issue Equity Share Capital 16.66  
Issue Price Rs. 50  
Modernisation of existing facility
Promoted By Listing At Registrar to the Issue
Mohan Das Gurnani
Veto Electropowers (I) Pvt Ltd
Vishnu Kumar Gurnani
NSE - SME Bigshare Services Pvt Ltd

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