Virgo Engineers Ltd - IPO

Virgo Engineers Ltd IPO Details

Public issue of 13,430,346 equity shares with a face value of Rs. 10 each of Virgo Engineers Limited (The Company or The Issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) consisting of a fresh issue of 10,744,276 equity share (Fresh Issue) by the company aggregating up to Rs. [*] crores and an offer for sale of 2,686,070 equity shares (Offer for sale) by the selling shareholders, aggregating up to Rs. [*] crores (The Issue). The issue will constitute 25.37% of the fully diluted post issue paid-up capital of the company.The face value of the equity share is Rs. 10 each.

Objective of issue

Fund capital expenditure at the manufacturing fac.. Fund capital expenditure at the subsidiaries. Fund capital expend. towards IT infrastructure. Funding the repayment of a portion of the debt. General corporate purposes.

Virgo Engineers Ltd Contact Details

Virgo Engineers Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investors@virgoengineers.com

Website - www.virgoengineers.com