Home
|
Markets
|
IPO
|
Market Analysis
Ipo Synopsis
New Listing
Closed Issues
Open Issues
ForthComing Issues
Best Performers
Basis Of Allotment
Draft Prospectus
IPO Faq's
IPO New's
New Issue Monitor
Vivekanand Cotspin Ltd
Registered Office:
S/No 181/1 182/1 At Rangpurda,,
Kadi - 382715,
Gujarat, India.
Phone : +91 92278 25102
Fax : NA
Email :
cs@vcottonexport.com
Website :
www.vcottonexport.com
Initial public issue of upto 60,00,000 equity shares of face value of (
R
s
) 10/- each of Vivekanand Cotspin Limited ("VCL" or "The Company") for cash at a price of (
R
s
) 35-37 per equity share (including a share premium of (
R
s
) 25-27 per equity share) ("Issue Price") aggregating to (
R
s
) 21-22.2 Crores, of which 3,00,000 equity shares of face value of (
R
s
) 10/- each at a price of (
R
s
) 35-37 aggregating to (
R
s
) 1.05-1.11 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion") and net issue to public of 57,00,000 equity shares of face value of (
R
s
) 10/- each at a price of (
R
s
) 35-37 aggregating to (
R
s
) 19.95-21.09 Crores (hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 26.97% and 25.62% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (
R
s
)10/- each. Price Band: (
R
s
) 35/- to (
R
s
) 37/- per equity share of face value (
R
s
) 10/- each. The floor price is 3.5 times of the face value of the equity shares and the cap price is 3.70 times of the face value of the equity shares. Bids can be made for a minimum of 6,000 equity shares and in multiples of 3,000 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
21-Sep-26
23-Sep-26
35.00-37.00
0.00-0.00
Minimum Application for shares in Nos : 6000 Further Multiples of : 3000
(
R
s
.Cr
)
Lead Managers to the Issue
Project Cost
0.00
Swastika Investmart Limited
Project Financed through Current Offer
21.00
Post Issue Equity Share Capital
22.25
Issue Price
35.00
Projects
Funding capital expenditure requirement towards plant and machinery
To meet Working Capital requirements
General corporate expenses
Promoted By
Nirav Bharatbhai Patel
Jasmin Vishnubhai Patel
Bharatbhai Prahaladbhai Patel
Listing At
BSE - SME
Registrar to the Issue
MUFG Intime India Pvt Ltd