Business Standard

VKS Projects Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

55.00 cr

Price Range (₹)

55

Lot Size

100

Min Investment (₹)

5,500.00

Listing Exchange

MumbaiNSE

Open Date

29-Jun-2012

Close Date

04-Jul-2012

Listing Date

18-Jul-2012

VKS Projects Ltd News

    The Shares of VKS Projects Ltd have now been listed.

    VKS Projects Ltd IPO Details

    Public issue of 1,00,00,000 equity shares of Rs. 10/- each (The Equity Shares) for cash at a price of Rs. 55 per equity share (including a share premium of Rs. 45 per equity share) aggregating to Rs. 55.00 crores (The Issue) by VKS Projects Limited (VKSPL or The Company or The Issuer). The issue shall constitute 55.56% of the post issue share capital of the company.Issue price: Rs. 55 per equity share of face value of Rs. 10/- each.The issue price is 5.5 times of the face value.

    Objective of issue

    To meet long-term working capital requirement. To finance the procurement of construction equipm.. To finance the setting up of engg. design studio. For general corporate purposes.

    VKS Projects Ltd Contact Details

    VKS Projects 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 - info@vksprojects.com

    Website - www.vksprojects.com