Vaswani Industries Ltd - IPO

Vaswani Industries Ltd IPO Details

Public issue of 1,00,00,000 equity shares of Rs. 10/- each (The Equity Shares) for cash at a price of Rs. 49/- per equity share (including a share premium of Rs. 39/- per equity share) aggregating to Rs. 49.00 crores (The Issue) of Vaswani Industries Limited (The Company or The Issuer). The issue would constitute 42.57% of the post issue paid-up equity capital of the company.The face value of the equity shares is Rs. 10 eachThe issue price is Rs. 49/- and is 4.90 times the value of the equity share.

Objective of issue

Pre-payment of the term loan. Long term working capital requirement. General corporate purposes.

Vaswani Industries Ltd Contact Details

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

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - complianceofficer@vaswaniindustries.com

Website - www.vaswaniindustries.com