Business Standard

VKS Projects lists at 2% premium on BSE

The company raised Rs 55 crore through IPO, fixed issue price at lower end of price band of Rs 55-60 a share.

Related News

is trading at Rs 55.80, a 1.5% premium against its issue price of Rs 55 per share in the pre-open bidding on the Bombay Stock Exchange.

The engineering procurement and construction (contractor) company has raised Rs 55 crore through initial public offer (IPO), fixed issue price at lower end of price band of Rs 55-60 a share.

The company has proposed to use the net proceeds of the issue to meet long-term working capital requirements besides financing the procurement of construction equipment and key machineries and the setting up of engineering design studio/office and training centre in Chennai, Cochin, Delhi, Hyderabad and Ahmedabad.

 

Read more on:   
|
|

Read More

Icra places 14 auto component makers under watch

Rating agency Icra today placed 14 auto component manufacturers on "rating watch with developing implications", following lockout at Maruti Suzuki's ...

Quick Links

 

Market News

MF exposure to bank stocks surges in November

heir investments in banking stocks stood at Rs 70,575 crore as on November 30, 2014

Gold imports crawl in Dec

Only 15 tonne imported in the first half of the month due to adequate supply in the market, tepid demand

Markets end flat amid volatility; Fed stance, reforms cheer

The broader markets underperformed the benchmark indices- BSE Mid-Cap and Small-Cap indices fell over 1%

Oil surges from five-year low

West Texas Intermediate climbed 4.5 per cent in New York, the biggest gain since August 2012

Markets gain second day: Sensex adds 660 points in two days

Sensex up 1%, Nifty 0.8%; technology and metal lead

Back to Top