Registered Office:
6/1/Q Digberia Rd Barasat P.O.,Badu PS Barasat North 24 parga,
Parganas
-
700128,
West Bengal, India.
Phone : +91 82408 77760
Fax : NA
Initial public offer of upto 60,30,000* equity shares of face value of (Rs) 10/- each ("Equity Shares") of Vedant Poly Fabs Limited ("The Company") for cash at a price of (Rs) 94 per equity share (including share premium of (Rs) 84 per equity share) ("Offer Price"), aggregating up to (Rs) 56.68 Crores comprising a fresh issue of up to 54,26,400 equity shares aggregating up to (Rs) 51.01 Crores by the company (the "Fresh Issue") and offer for sale of up to 6,03,600 equity shares aggregating up to (Rs) 5.67 Crores by the company promoter's group selling shareholder, (the "Offered Shares") (the "Offer For Sale" and together with the fresh offer, the "Offer") of which upto 3,04,800 equity shares aggregating to (Rs) 2.87 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., Net offer of upto 57,25,200 equity shares at an offer price of (Rs)94 per equity share, aggregating to (Rs) 53.82 Crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 29.92% and 28.41%, respectively of the post offer paid up equity share capital of the company.
Price Band: (Rs) 94 per equity share of face value of (Rs) 10/- each.
The floor price is 9.4 times the face value of the equity shares.
Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
Opens On
Closes On
Application
Allotment
02-Nov-26
04-Nov-26
94.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2400
Further Multiples of :
1200
(Rs.Cr)
Lead Managers to the Issue
Project Cost
46.65
Affinity Global Capital Market Private Limited
Project Financed through Current Offer
56.68
Post Issue Equity Share Capital
20.15