Business Standard

VMS Industries Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

25.75 cr

Price Range (₹)

40

Lot Size

160

Min Investment (₹)

6,400.00

Listing Exchange

Mumbai

Open Date

30-May-2011

Close Date

02-Jun-2011

Listing Date

14-Jun-2011

VMS Industries Ltd News

    The Shares of VMS Industries Ltd have now been listed.

    VMS Industries Ltd IPO Details

    Public issue of 64,37,500 equity shares of Rs. 10/- each of VMS Industries Limited (The 'Company' or The 'Issuer') for cash at a price of Rs. 40/- per equity share, including a share premium of Rs. 30/- per equity share, aggregating to Rs. 25.75 crores (The 'Issue'). The issue would constitute 39.08% of the fully diluted post-issue paid up capital of the company.Issue price: Rs. 40 per equity share of face value of Rs. 10/- eachThe issue price is 4.00 times of the face value.

    Objective of issue

    Modernization of our Ship Recycling Plot. Setting up of corporate office at Ahmedabad. Meeting long-term working capital requirement.

    VMS Industries Ltd Contact Details

    VMS Industries Ltd, 202 Pawan Flats, 7 Anand Ngr Society, Product. Rd Alkapuri, Vadodara

    Phone -

    Fax -

    Email - info@vmsil.in

    Website - www.vmsil.in