Registered Office:
No.601-602 Amrakunj Avis,Chandkheda,
Ahmedabad
-
382424,
Gujarat, India.
Phone : +91 63531 52513
Fax : NA
Initial public offering of 50,52,000 equity shares of face value of (Rs) 10 each ("Equity Shares") of Vectras Enprocon Limited (the "Company" or the "Issuer") for cash at a price of (Rs) 99-105 per equity share of face value of (Rs) 10 each (the "Offer Price") aggregating up to (Rs) 50.01-53.05 Crores (the "Offer") comprising a fresh issue of 40,56,000 equity shares of face value of (Rs) 10 each by the company aggregating up to (Rs) 40.15-42.59 Crores (the "Fresh Issue") and an offer for sale of 9,96,000 equity shares (the "Offered Shares") (consisting 4,98,000 equity shares of face value of (Rs) 10 each aggregating up to (Rs) 4.93-5.23 Crores by Naynesh Kanubhai Patel and 4,98,000 equity shares of face value of (Rs) 10 each aggregating up to (Rs) 4.93-5.23 Crores by Maheshkumar Gopalbhai Patel, (collectively referred to as the "Promoter Selling Shareholders") of which 2,53,200 equity shares of face value of (Rs) 10 each aggregating to (Rs) 2.51-2.66 Crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The public offer less the market maker reservation portion i.e. Net offer of 47,98,800 equity shares of face value of (Rs) 10 each aggregating to (Rs) 47.51-50.39 Crores (the "Net Offer"). The public offer and the net offer will constitute 26.51% and 25.18%, respectively of the post offer paid up equity share capital of the company.
Price Band: (Rs) 99 to (Rs) 105 per equity share of face value (Rs) 10 each.
The floor price is 9.90 times of the face value of the equity shares and the cap price is 10.50 times of the face value of the equity shares.
Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
Opens On
Closes On
Application
Allotment
30-Oct-26
03-Nov-26
99.00-105.00
0.00-0.00
Minimum Application for shares in Nos :
2400
Further Multiples of :
1200
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Beeline Capital Advisors Private Limited
Project Financed through Current Offer
50.01
Post Issue Equity Share Capital
19.06