V-Guard Industries Ltd - IPO

V-Guard Industries Ltd IPO Details

Public issue of 80,00,000 equity shares of Rs. 10 each for cash at a price of Rs.82/- per equity share (including a share premium of Rs.72/- per equity share) for cash aggregating to Rs.65.60 Crores (the issue) out of which 4,00,000 equity shares have been reserved for eligible employees of our company (employee reservation portion). The net issue to the public shall be 76,00,000 equity shares of Rs.10 each for cash at a price of Rs.82/- per equity share (including a share premium of Rs.72/- per equity share) for cash aggregating to Rs.62.32 Crores (the net issue to public) the issue will constitute 26.80 % of the fully diluted post issue paid-up capital of our company and the net issue to public will constitute 25.46 % of the fully diluted post issue paid-up capital of our company.Issue Price is Rs.82/- per equity share of face value of Rs.10/-The issue price is 8.2 times the face value

Objective of issue

Setting up of Facilities for Cable Manufacturing. Setting up of Facilities for Cable Manufacturing. Setting up of Enameling Plant. Setting up Develp.& Pilot Prodn. Water Heater, Fan. Investment for Setting-up Serv.&Distrb. Centers. General Corporate Purposes.

V-Guard Industries Ltd Contact Details

V-Guard Industries Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - jayasree@vguard.in, secretarial@vguard.in

Website - www.vguard.in