IPO Synopsis

VMS Industries Ltd
Registered Office: 808-C Pinnacle Business Park,Corporate Rd Prahladnagar,Ahmedabad-380015, Gujarat
Tel. No: 91-079-40320484
Fax No: 91-079-40320484
Email: info@vmsil.in
Website: www.vmsil.in
Public issue of 64,37,500 equity shares of Rs. 10/- each of VMS Industries Limited (The 'Company' or The 'Issuer') for cash at a price of Rs. 40/- per equity share, including a share premium of Rs. 30/- per equity share, aggregating to Rs. 25.75 crores (The 'Issue'). The issue would constitute 39.08% of the fully diluted post-issue paid up capital of the company. Issue price: Rs. 40 per equity share of face value of Rs. 10/- each The issue price is 4.00 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
30-May-2011 02-Jun-2011 ₹40.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 160 Further Multiples of :160
(₹ Cr) Lead Managers to the Issue
Project Cost 25.93 Ashika Capital Ltd
Project Financed through Current Offer 25.75
Post Issue Equity Share Capital 16.47
Issue Price 40.00
Projects
Modernization of our Ship Recycling Plot
Setting up of corporate office at Ahmedabad
Meeting long-term working capital requirement
Promoted By
Ajit Kumar Jain
Manoj Kumar Jain
Sangeeta Jain
Listing At
BSE
Registrar To The Issue