Vivid Mercantile Ltd - Prospectus Synopsis

Vivid Mercantile Ltd RHP

Registered Office : Basement Medicare Centre , Behind M J Library Ellisbridge , Ahmedabad - 380006 , Gujarat , India.

Phone : 91-79-4892 1375  Fax :

Email : complianceviel@gmail.com    Website : www.veeraminfra.com

Public issue of 21,06,000 equity shares of face value of Rs.10/- each (equity shares) of Veeram Infra Engineering limited ( the company or the issuer) for cash at a price Rs.51/- per equity share (including a share premium of Rs. 41/- per equity share) (issue price) aggregating to Rs.10.74 Crores(the issue), of which 1,10,000 equity shares of face value of Rs.10/- each for a cash price of Rs.51/- per equity share, aggregating to Rs 0.56 Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 19,96,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 51 per equity share aggregating to Rs. 10.18 Crores (is here in after referred to as the net issue). The issue and the net issue will constitute 26.47% and 25.09%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 51/- i.e. 5.1 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Sep-2018 12-Oct-2018 Rs 51 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 10.74 First Overseas Capital Ltd
Project Financed through Current Offer 10.74  
Post Issue Equity Share Capital 7.96  
Issue Price Rs. 51  
Projects
To Meet the Working Capital Requirements
Promoted By Listing At Registrar to the Issue
Geetaben S Gajjar
Satishkumar R Gajjar
BSE - SME KFin Techologies Pvt Ltd
 

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