Business Standard

Vibrant Global Capital Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

11.48 cr

Price Range (₹)

19

Lot Size

6000

Min Investment (₹)

1,14,000.00

Listing Exchange

BSE - SME

Open Date

29-Sept-2014

Close Date

07-Oct-2014

Listing Date

21-Oct-2014

Vibrant Global Capital Ltd News

    The Shares of Vibrant Global Capital Ltd have now been listed.

    Vibrant Global Capital Ltd IPO Details

    Public issue of 60,42,000 equity shares of face value of Rs. 10.00 each of Vibrant Global Capital Limited (the company or the issuer) for cash at a price of Rs. 19.00 per equity share (including a share premium of Rs. 9.00 per equity share) (issue price) aggregating to Rs. 11.48 crores (the issue) comprising a fresh issue of 30,00,000 equity shares aggregating to Rs. 5.70 crores (fresh issue) and an offer for sale of 30,42,000 equity shares by Vibrant Global Trading Private Limited (the selling shareholder) aggregating to Rs. 5.78 crores (offer for sale). Of the issue, 3,06,000 equity shares aggregating to Rs. 0.58 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 57,36,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 19.00 per equity share aggregating to Rs. 10.90 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.38% and 25.04%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 19.00. The issue price is 1.9 times of the face value.

    Objective of issue

    Increasing Operational scale. Partial repayment of loans.

    Vibrant Global Capital Ltd Contact Details

    Vibrant Global Capital Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - investor@vibrantglobalgroup.com; support@vibrantgl

    Website - www.vibrantglobalgroup.com