Business Standard

VCU Data Management Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

18.75 cr

Price Range (₹)

25

Lot Size

6000

Min Investment (₹)

1,50,000.00

Listing Exchange

BSE - SME

Open Date

04-Oct-2013

Close Date

08-Oct-2013

Listing Date

23-Oct-2013

VCU Data Management Ltd News

    The Shares of VCU Data Management Ltd have now been listed.

    VCU Data Management Ltd IPO Details

    Public issue of 75,00,000 equity shares of Rs. 10/- each (Equity Shares of VCU Data Management Limited (VCU, The company or the Issuer) for cash at a price of Rs. 25/- per equity share (The Issue Price) aggregating to Rs. 18.75 crores (The Issue). The face value of the share is Rs.10/- each and the issue price is 2.5 (two and half) times of the face value. The issue is being made in terms of chapter X B of sebi (ICDR) regulations, 2009 as amended (The sebi regulations). Out of the proposed issue of 75,00,000 equity shares, 31,50,000 equity shares are reserved for subscription by the promoters and 3,78,000 equity shares are reserved for subscription by the market maker (the market maker reservation portion). The issue less the portion reserved for the promoters and the market maker i.e. Issue of 39,72,000 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 48.39% and 25.63%, respectively of the post issue paid up equity share capital of the company.

    Objective of issue

    To augment the capital base & fund req. for WC. For acquiring fixed assets.

    VCU Data Management Ltd Contact Details

    VCU Data Management Ltd, Samhita Complex, Plot No 13 AB, Saki Naka Andheri(E), Mumbai-400072

    Phone - 91-22-67720300/400

    Fax - 91-22-28591568

    Email - mumbai.vcudata@gmail.com

    Website - www.vcupack.in