Vishal Bearings Ltd - Prospectus Synopsis

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    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
28-Sep-2015 30-Sep-2015 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
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