| Initial Public Offer consisting of fresh issue of upto 60,00,000 equity shares of face value of Rs. 10/- each ("Equity shares") of V-Marc India Limited ("Company" or "Issuer") for cash at a price of Rs. 39 per equity share (Including a share premium of Rs. 29 per equity share) aggregating upto Rs. 23.40 Crores (The "issue"). The issue includes a reservation of upto 3,00,000 equity shares of face value Rs. 10/- each at a price of Rs. 39 per equity share aggregating Rs. 1.17 Crores for subscription by the market maker to the issue (The "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. net issue of upto 57,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 39 per equity share, aggregating Rs. 22.23 Crores is hereinafter refered to as the "Net issue". The issue and the net issue will Constitute 26.33 % and 25.02 % respectively of the post issue paid up equity share capital of the company.
The Face Value of Equity Shares is Rs. 10 Each. The company is 3.9 times of the face value.
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