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Vedant Poly Fabs Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Vedant Poly Fabs Ltd IPO

Registered Office: 6/1/Q Digberia Rd Barasat P.O.,Badu PS Barasat North 24 parga , Parganas - 700128 , West Bengal , India.
Phone : +91 82408 77760   Fax:
Email :  cs@vedantpolyfabs.com  
Website :  www.vedantpolyfabs.com
Initial public offer of 60,30,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Vedant Poly Fabs Limited ("The Company" or "The Issuer") of which fresh issue of 54,26,400 equity shares and an offer for sale of 6,03,600 equity shares for cash at a price of (Rs)88-94 per equity share, including share premium of (Rs)78-84 per equity share ("Offer Price"), aggregating to (Rs)53.06-56.68 Crores (the "Offer"), of which 3,04,800 equity shares of face value of (Rs)10/- each for cash at an offer price of (Rs)88-94 per equity share, aggregating to (Rs)2.68-2.87 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., offer of 57,25,200 equity shares of face value of (Rs)10/- each for cash at an offer price of (Rs)88-94 per equity share, aggregating to (Rs)50.38-53.82 Crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 29.92% and 28.41%, respectively of the post offer paid up equity share capital of the company. Price Band: (Rs)88 to (Rs)94 per equity share of face value of (Rs)10/- each. The floor price is 8.8 times of face value and cap price is 9.4 times the face value of the equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
02-Nov-26 04-Nov-26 (Rs)88.00-94.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Affinity Global Capital Market Private Limited
Project Financed through Current Offer 53.06  
Post Issue Equity Share Capital 20.15  
Issue Price (Rs)88.00  
 
Projects
Funding incremental working capital requirements of the CompanyFunding Capital Expenditure for purchase and installation of Plant and Machinery at its existing manufacturing facility
Prepayment or Repayment of all or a portion of certain secured or/and unsecured outstanding borrowings availed by the companyGeneral Corporate Purposes*
Promoted By
Pankaj Kumar Maheshwari  
Sujata Maheshwari  
Sethsawaria Poly Fab LLP  
Listing At
NSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd