Vinyas Innovative Technologies Ltd - IPO

Vinyas Innovative Technologies Ltd IPO Details

Initial public offering of up to 33,12,800* equity shares of face value of Rs. 10.00 each (Equity Shares) of the company for cash at a price of Rs. 165 per equity share (including a share premium of Rs. 155 per equity share) (Issue Price) aggregating up to Rs. 54.66 crores (Issue). This issue includes a reservation of up to 1,66,400 equity shares aggregating up to Rs. 2.75 crores (constituting up to 5.02% of the issue size of the company) for subscription by market maker (Market <Maker Reservation Portion). The issue less the market maker reservation portion is hereinafter referred to as the Net Issue. The issue and the net issue shall constitute 26.32% and 25.00%, respectively, of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is 16.50 times of the face value of the equity shares.*Subject to finalization of basis of allotment

Objective of issue

Working Capital Requirements. General Corporate Purposes.

Vinyas Innovative Technologies Ltd Contact Details

Vinyas Innovative Technologies Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - secretarial@vinyasit.net

Website - www.vinyasit.com