Business Standard

Vaswani Industries Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

49.00 cr

Price Range (₹)

49

Lot Size

120

Min Investment (₹)

5,880.00

Listing Exchange

MumbaiNSE

Open Date

29-Apr-2011

Close Date

03-May-2011

Listing Date

24-Oct-2011

Latest IPO News

    The Shares of Vaswani Industries Ltd have now been listed.

    Vaswani Industries Ltd IPO Details

    Public issue of 1,00,00,000 equity shares of Rs. 10/- each (The Equity Shares) for cash at a price of Rs. 49/- per equity share (including a share premium of Rs. 39/- per equity share) aggregating to Rs. 49.00 crores (The Issue) of Vaswani Industries Limited (The Company or The Issuer). The issue would constitute 42.57% of the post issue paid-up equity capital of the company.The face value of the equity shares is Rs. 10 eachThe issue price is Rs. 49/- and is 4.90 times the value of the equity share.

    Objective of issue

    Pre-payment of the term loan. Long term working capital requirement. General corporate purposes.

    Vaswani Industries Ltd Contact Details

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

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - complianceofficer@vaswaniindustries.com

    Website - www.vaswaniindustries.com