Vishnusurya Projects and Infra Ltd IPO |
Registered Office:
2nd Flr Qbas Temple Tower #76/,25 North Mada Street Mylapore
,
Chennai
-
600004
,
Tamil Nadu
, India.
Phone :
+91 44 24950019 Fax:
Email : cs@vishnusurya.com
Website : www.vishnusurya.com
|
| Initial public issue of 73,50,000 equity shares of face value of (Rs)10/- each of Vishnusurya Projects and Infra Limited ("VPIL" or the "Company" or the "Issuer") for cash at a price of (Rs)68/- per equity share including a share premium of (Rs)58/- per equity share (the "Issue Price") aggregating upto (Rs)49.98 crores ("the Issue"), of which 3,70,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)68/- per equity share including a share premium of (Rs)58/- per equity share aggregating upto
(Rs)2.52 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 69,80,000 equity shares of face value of (Rs)10/- each at a price of (Rs)68/- per equity share including a share premium of (Rs)58/- per equity share aggregating upto (Rs)47.46 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 29.87% and 28.36%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each.
The face value of the equity share is (Rs)10/- and the issue price is 6.8 times of the face value. |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 29-Sep-23 |
05-Oct-23 |
(Rs)68.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
42.99 |
|
| Project Financed through Current Offer |
49.98 |
|
| Post Issue Equity Share Capital |
24.61 |
|
| Issue Price |
(Rs)68.00 |
|
|