V-Mart Retail Ltd - IPO

V-Mart Retail Ltd IPO Details

Public issue of 4,496,000 equity shares of face value of Rs. 10 each of V-Mart Retail Limited (The Company or The Issuer) for cash at a price of Rs. 210 per equity share (including a share premium of Rs. 200 per equity share) aggregating to Rs. 94.42 crores (The Issue) comprising of a fresh issue of 2,761,000 equity shares by the company aggregating to Rs. 57.98 crores (The Fresh Issue) and an offer for sale of 1,735,000 equity shares (The Offer for Sale) by Naman Finance and Investment Private Limited (The Selling Shareholder) aggregating to Rs. 36.44 crores. The issue will constitute 25.04% of the post issue paid-up capital of the company.Issue Price : Rs. 210 per Equity Share of Face Value of Rs. 10 each.The Issue Price is 21.00 times of the Face value.

Objective of issue

To open 60 new stores. Expansion of distribution centres. Working capital requirements. General corporate purposes.

V-Mart Retail Ltd Contact Details

V-Mart Retail Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

Phone - 91-040-44655185/44655000

Fax - 91-040-23420814/23420857

Email - info@vmart.co.in, compliance@vmart.co.in

Website - www.vmart.co.in