Vaibhav Vyapaar Ltd - IPO

Vaibhav Vyapaar Ltd IPO Details

Initial public issue of up to 77,96,000 equity shares of face value of Rs. 5/- each of vaibhav vyapaar limited (VVL or the Company or the Issuer) for cash at a price of Rs. 51-54 per equity share including a share premium of Rs. 46-49 per equity share (the Issue Price) aggregating to Rs. 39.92-42.10 Crores (the Issue), of which 3,90,000 equity shares of face value of Rs. 5/- each for cash at a price of Rs. 51-54 per equity share including a share premium of Rs. 46-49 per equity share aggregating to Rs. 1.95-2.03 Crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Net issue of 74,06,000 equity shares of face value of Rs. 5/- each at a price of Rs. 51-54 per equity share including a share premium of Rs. 46-49/- per equity share aggregating to Rs. 39.80-42.1 Crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute [*] % and [*] %, respectively, of the post issue paid up equity share capital of the company.Price Band: Rs. 51.00 to Rs. 54.00 per equity share of face value of Rs. 5.00/- each.The floor price is 10.20 times the face value of the equity shares and the cap price is 10.80 times the face value of the equity shares.Bids can be made for a minimum size of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.

Objective of issue

Augment the capital base of the company.. General Corporate Purpose.

Vaibhav Vyapaar Ltd Contact Details

Vaibhav Vyapaar Ltd, 301 The Centrium, 3rd Flr 57 LBS, Nav Pada Kurla(W), Mumbai-400 070

Phone - 91 40 6716 2222/18003094001

Fax -

Email - investors@vaibhav-vyapaar.com

Website - www.vaibhav-vyapaar.com