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VTX Industries Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 90

Price Range (₹)

₹ 100

Lot Size

50

Min Investment (₹)

₹ 5,000.00

Listing Exchange

MumbaiChennai

Open Date

08-Feb-2007

Close Date

19-Feb-2007

Listing Date

09-Mar-2007

VTX Industries Ltd News

VTX Industries Ltd IPO Details

Public issue of 90,00,000 equity shares of Rs. 10 each (equity shares) for cash at a price of Rs.100/- per equity share, including a share premium of Rs.90/- per equity share, aggregating Rs.90.00 Crores (the issue). The issue would constitute 49.53% of the fully diluted post-issue paid up capital of the company.Issue Price is Rs.100/-per equity share of face value Rs. 10 each. The issue price is 10 times the face value

Objective of issue

To add Addl 50,688 Spindles to the Exising Unit. To Add 80 new looms to existing Weaving Facility. To Add 15000 Metres per day processing Capacity. To Add Addl Capacity of 2600000 pieces per annum. To Add 4950KW WEGs to the Existing Capacity.

VTX Industries Ltd Contact Details

VTX Industries Ltd, E-2/3 Saki Vihar Rd, Ansa Indl Estate, Saki Naka Andheri-E, Mumbai - 400 072

Phone - 91-22-40430200

Fax - 91-22-28475207

Email - investors@vtx.co.in