V-Marc India Limited IPO
NSE SMEListed On: Apr 9, 2021 at ₹ 46.5
₹ 234000 /6000 Shares
*Min Investment
25 Mar, 2021
Open Date31 Mar, 2021
Close Date06 Apr, 2021
Allotment Date09 Apr, 2021
Listing DateIPO Issue Details
- Issue Price ₹37 to ₹39 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 6,000,000 Eq Shares of ₹10 (aggregating up to ₹23.40 Cr)
- Listing at NSE SME
- List Price 46.5
- Listing Date 2021-04-09
- Lead Manager Pantomath Capital Advisors Pvt Ltd
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
V-Marc India Limited IPO is an SME IPO, priced at ₹37 to ₹39 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Mar 25, 2021 to Mar 31, 2021. The allotment is expected to be finalized on Apr 6, 2021, and the tentative listing date is Apr 9, 2021.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,850,000 | 2,850,000 | 5,700,000 |
Day 1 25-03-21 07:00 PM | 1.00 x | 0.05 x | 0.52 x |
Day 2 26-03-21 05:00 PM | 1.08 x | 0.24 x | 0.66 x |
Day 3 30-03-21 05:00 PM | 1.22 x | 0.63 x | 0.93 x |
Day 4 31-03-21 05:00 PM | 1.44 x | 1.80 x | 1.62 x |
Valuations
Company Financials
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 |
|---|
About Company
V-Marc India Limited is engaged in the business of manufacturing and marketing wires and cables under the brand name of "V-Marc". The company manufactures and sells a diversified range of wires and cables i.e. single & multistrand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, wires, and aerial bunched cables, etc.
The company sells its products through multiple channels; 1. government tenders to supply products for government projects, 2. supply to EPC contractors for turnkey projects, and 3. dealer and distribution network to directly sell to private companies. It supplies its products across industries i.e. power, real estate, railways, and telecom sector. As of Dec 31, 2020, it has a strong network of 650+ dealers across 12 states.
The firm has two manufacturing facilities located at Haridwar, Uttarakhand with an aggregate installed capacity of 71,100 KM p.a and also proposes to set-up a new manufacturing facility with a total capacity of 11,520 km p.a.
- Promoter(s)
Vikas Garg
Meenakshi Garg
Pre Issue Share Holding : N/A%
Post Issue Share Holding : N/A%
IPO - Issue Objectives
To finance capital expenditure to establish proposed manufacturing facility.
To meet company's working capital requirements.
General corporate purposes.
IPO - FAQs
Ans. V-Marc India Limited IPO is a SME IPO. The issue is priced at ₹37 to ₹39 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Mar 25, 2021, and closes on Mar 31, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The V-Marc India Limited IPO opens on Mar 25, 2021 and closes on Mar 31, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of V-Marc India Limited IPO is 6,000,000 Eq Shares of ₹10 (aggregating up to ₹23.40 Cr).
Ans. The V-Marc India Limited IPO price band is set between ₹37 to ₹39 per equity share.
Ans. To apply for V-Marc India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find V-Marc India Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of V-Marc India Limited IPO is Apr 6, 2021.
Ans. The V-Marc India Limited IPO will be listed on Apr 9, 2021.
Ans. Follow the steps to check the V-Marc India Limited IPO allotment status online.
