Vyara Tiles Ltd - IPO

Vyara Tiles Ltd IPO Details

Initial public issue of up to 44,00,000 equity shares of face value of Rs. 10/- each of Vyara Tiles Limited (VTL, Vyara or the Company) for cash at a price of [*] per equity share (Including a Share Premium of [*] per Equity Share) (Issue Price) aggregating to [*] crores, of which [*] equity shares of face value of Rs. 10/- each at a price of 2,32,000 aggregating to [*] crores will be reserved for subscription by market maker (Market Maker Reservation Portion) and net issue to public of [*] equity shares of face value of Rs. 10/- each at a price of [*] aggregating to [*] crores (Hereinafter Referred to as the Net Issue) the issue and the net issue will constitute [*] % and [*] % respectively of the post issue paid up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Capital expenditure towards setting up new mfg unit and installation of additional plant and machinery to enhance the existing capacity. Repayment of certain borrowings availed by the company. Enhancing the visibility and awareness of its brand. General corporate purposes.

Vyara Tiles Ltd Contact Details

Vyara Tiles Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@vyaratiles.in

Website - www.vyaratiles.in