Business Standard

Va Tech Wabag Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

472.59 cr

Price Range (₹)

1310

Lot Size

5

Min Investment (₹)

6,550.00

Listing Exchange

MumbaiNSE

Open Date

22-Sept-2010

Close Date

27-Sept-2010

Listing Date

13-Oct-2010

Va Tech Wabag Ltd News

    The Shares of Va Tech Wabag Ltd have now been listed.

    Va Tech Wabag Ltd IPO Details

    Public issue of 36,07,581 equity shares of Rs. 5 each of VA Tech Wabag Limited (The Company or The Issuer) for cash at a price of Rs. 1310 per equity share (including a share premium of Rs. 1305 per equity share), consisting of a fresh issue of 9,54,198 equity Shares aggregating to Rs. 125.00 Crores and an offer for sale of 26,53,383 equity shares by India Advantage Fund I, Dynamic India Fund I, Rainbow Fund Trust, GLG Emerging Markets Fund and Passport India Investments (Mauritius) Limited (The Selling Shareholders), aggregating Rs. 347.59 Crores (The Issue). The issue would constitute 34.37% of the fully diluted post issue paid-up capital of the company.Issue price : Rs. 1310 per equity share of face value Rs. 5 eachIssue price is 262 times of the face value

    Objective of issue

    Funding working capital requirements. Construction of a corporate office. Implementation of global IT Systems. General corporate purposes.

    Va Tech Wabag Ltd Contact Details

    Va Tech Wabag Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

    Phone - 91-040-44655185/44655000

    Fax - 91-040-23420814/23420857

    Email - companysecretary@wabag.in

    Website - www.wabag.com