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IPO Details


Vedant Asset Ltd
Registered Office: 3rd Floor Gayways House, Pee Pee Compound, Ranchi - 834001, Jharkhand
Phone: 91-0651-3594782
Email: info@vedantasset.in
Website: www.vedantasset.com
Initial public offer of upto 7,50,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Vedant Asset Limited (The Company or The Issuer) at an issue price of Rs. 40 per equity share for cash, aggregating up to Rs. 3.00 crores (public issue) out of which 42000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 40 per equity share for cash, aggregating Rs. 0.17 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). the public issue less market maker reservation portion i.e. issue of 708000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 40 per equity share for cash, aggregating upto Rs. 2.83 crores is here in after referred to as the Net Issue. The public issue and net issue will constitute 27.16% and 25.64 % respectively of the post- issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 40 per equity share. The issue price is 4 times the face value. Minimum application size of 3000 equity shares and in multiples of 3000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
30-Sep-2022 04-Oct-2022 40.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
()Cr. Lead Managers to the Issue
Project Cost 2.59 Hem Securities Ltd
Project Financed through Current Offer 3.00
Post Issue Equity Share Capital 2.76
Issue Price 40.00
Projects
Financing the expendditure for business expansion
To meet working capital requirements
General corporate purposes
Promoted By
Lallit Tripathi
Priyanka Maheshwari
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

84,473.01 1,288.21 (1.55%)

Nifty

25,703.60 287.80 (1.13%)

GLOBAL INDICES

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NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18013.16 353.14(2.00%)