Va Tech Wabag Ltd - IPO

Va Tech Wabag Ltd IPO Details

Public issue of 36,07,581 equity shares of Rs. 5 each of VA Tech Wabag Limited (The Company or The Issuer) for cash at a price of Rs. 1310 per equity share (including a share premium of Rs. 1305 per equity share), consisting of a fresh issue of 9,54,198 equity Shares aggregating to Rs. 125.00 Crores and an offer for sale of 26,53,383 equity shares by India Advantage Fund I, Dynamic India Fund I, Rainbow Fund Trust, GLG Emerging Markets Fund and Passport India Investments (Mauritius) Limited (The Selling Shareholders), aggregating Rs. 347.59 Crores (The Issue). The issue would constitute 34.37% of the fully diluted post issue paid-up capital of the company.Issue price : Rs. 1310 per equity share of face value Rs. 5 eachIssue price is 262 times of the face value

Objective of issue

Funding working capital requirements. Construction of a corporate office. Implementation of global IT Systems. General corporate purposes.

Va Tech Wabag Ltd Contact Details

Va Tech Wabag Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

Phone - 91-040-44655185/44655000

Fax - 91-040-23420814/23420857

Email - companysecretary@wabag.in

Website - www.wabag.com