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Home >> Markets >> IPO - Forthcoming IPO's
As on Jun 29,2018 10:34 AM
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Vishnusurya Projects and Infra Ltd
Registered Office: 2nd Flr Qbas Temple Tower #76/, 25 North Mada Street Mylapore, Chennai - 600004, Tamil Nadu
Phone: +91 44 24950019
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-2023 05-Oct-2023 (Rs) 68.00 - 0.00 (Rs) 0.00 - 0.00
(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
Projects
Funding of working capital requirements of the company
Repayment/prepayment in part or full of certain outstanding borrowings availed by the company
General Corporate Purposes
Promoted By
Bhavani Jayaprakash
NSE - SME
Registrar to the Issue