VMS Industries Ltd - IPO

VMS Industries Ltd IPO Details

Public issue of 64,37,500 equity shares of Rs. 10/- each of VMS Industries Limited (The 'Company' or The 'Issuer') for cash at a price of Rs. 40/- per equity share, including a share premium of Rs. 30/- per equity share, aggregating to Rs. 25.75 crores (The 'Issue'). The issue would constitute 39.08% of the fully diluted post-issue paid up capital of the company.Issue price: Rs. 40 per equity share of face value of Rs. 10/- eachThe issue price is 4.00 times of the face value.

Objective of issue

Modernization of our Ship Recycling Plot. Setting up of corporate office at Ahmedabad. Meeting long-term working capital requirement.

VMS Industries Ltd Contact Details

VMS Industries Ltd, 202 Pawan Flats, 7 Anand Ngr Society, Product. Rd Alkapuri, Vadodara

Phone -

Fax -

Email - info@vmsil.in

Website - www.vmsil.in