Sensex
83,442.50 profit arw 9.61 (0.01%)
Nifty
25,461.30 profit arw 0.30 (0.00%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
IPO

IPO Details


Vishal Bearings Ltd
Registered Office: Survey No 22/1 Plot No 1, Shapar Main Road, Rajkot - 360024, Gujarat
Phone: 91-2827-252273/252414
Email: compliance@vishalbearings.com; info@vishalbearings
Website: www.vishalbearings.com
Public issue of 12,96,000 Equity shares of face value of Rs.10/- each of Vishal Bearings Ltd ("The Company" or "The issuer") for cash at a price of Rs. 25/- per equity share (Including a share premium of Rs.15/- per equity share) ("Issue Price") aggregating to Rs. 3.24 Crores. As "The Issue" of which 72,000 equity shares of face value Rs. 10/- each at a price of Rs. 25/- per equity share aggregating to Rs. 0.18 Crores shall be reserved for subscription by market maker to the issue ("The Market makers reservation portion"). The Issue Less the market maker reservation portion i.e. issue of 12,24,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 25/- per equity share aggregating to Rs. 3.06 Crores. The Issue and the net issue will constitute 27.02% and 25.52% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- per equity share and the issue price is Rs. 25/-. The issue price is 2.5 times of te face value.
Issue Money Payable On
Opens On Closes On Application Allotment
28-Sep-2015 30-Sep-2015 ₹ 25.00 ₹ 0.00
Minimum Application for shares in Nos : 6000.0 Further Multiples of : 6000.0
(₹)Cr. Lead Managers to the Issue
Project Cost 2.86 Hem Securities Ltd
Project Financed through Current Offer 3.24
Post Issue Equity Share Capital 4.80
Issue Price ₹25.00
Projects
To Meet Working Capital Requirement
Promoted By
Dilipkumar Changela
Hiralal Changela
Vrajlal Changela
Listing At
BSE - SME
Registrar to the Issue
No Data Available

INDIAN INDICES

Sensex

83,442.50 9.61 (0.01%)

Nifty

25,461.30 0.30 (0.00%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

23,887.84 -28.23(-0.12%)