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Vinsys IT Services India 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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Vinsys IT Services India Ltd IPO

Registered Office: S.No.28/11-12 Shivaji Niketan,C.T.S. # 458A Tejas Hsng Soc , Pune - 411038 , Maharashtra , India.
Phone : +91 20 25382807/43   Fax:
Email :  compliance@vinsys.com  
Website :  www.vinsys.com
Public issue of 3894000 equity shares of face value of (Rs)10/- each of Vinsys IT Services India Limited ("Vinsys" or the "Company" or the "Issuer") for cash at a price of (Rs)128/- per equity share including a share premium of (Rs)118/- per equity share (the "Issue Price") aggregating to (Rs)49.84 crores ("The Issue"), of which 195000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)128/- per equity share including a share premium of (Rs)118/- per equity share aggregating to (Rs)2.50 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 3699000 equity shares of face value of (Rs)10/- each at a price of (Rs)128/- per equity share including a share premium of (Rs)118/- per equity share aggregating to (Rs)47.35 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.53 % and 25.20 %, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each.

Issue Money Payable On
Opens On Closes On Application Allotment
01-Aug-23 04-Aug-23 (Rs)128.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  (Rs Cr) Lead Managers to the Issue
Project Cost 44.61
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 49.84  
Post Issue Equity Share Capital 14.68  
Issue Price (Rs)128.00  
 
Projects
To meet working capital requirementsLoan to Subsidiary
Repayment of loan to subsidiaryGeneral corporate purposes
Promoted By
Vikrant Shivajirao Patil  
Vinaya Vikrant Patil  
Listing At
NSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd