Vimal Oil and Foods Limited is BSE listed company (BSE Code: 519373), engaged in the production of edible oil. VOFL export the De-oiled Cake (DOC), a by-product under the solvent extraction to various foreign countries.
VOFL Product Range includes oils of Cottonseed, Groundnut, Soya, mustard and palm. The Refined Oil is sold in the local market under the 'VIMAL' Brand name
VOFL also has a Wind Mill which is situated at village Kalyanpur, Dist. Jamnagar with a capacity of 0.225 Mg Watt. The electricity generated by the plant is supplied to Gujarat Electricity Board and gets the credit against Electricity purchased from Gujarat Electricity Board for its plants at other locations.
VOFL has a Milk Powder plant and planning to diversify into fast growing Snack Food and Food Processing sector.
Objects of the Issue:The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital to 1. To diversify into the production of Food Snacks like Chips and extruded snack, direct fried snacks, and potato chips etc. by setting up the State-of-art production facilities; 2. To meet the Working Capital Margin requirement for the proposed project as well as the existing operations.
»» Issue Open: Mar 14, 2007 - Mar 23, 2007
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Vimal Oil IPO Messages (Vimal Oil IPO Comments)
Want to know about Simplex allotment status
I think recd rs.2 to rs.5 per share on listing time
Get Good Return for listing time
is it already listed? it comes from 50rs to 39rs now in market... at the time of allotment u will get it below 30 from market itself.....
Mr HEMENDRA SHAH why r u mis leading investors. Are you belongs to this copmpany if yes please be away from this site this is only for real investors, if no then do proper homework and then write ur valuable comment. This really effects other persans financial.
I think, (but not sure)you should not go for this issue. As per experience, an issue with *** stars is a flop.Almost
dont apply for this..
Buy from Market at 42 now,as before closing of this FPO company will move price to 50 plus,dont aply FPO ,buy from market now only
This is wrong time to invest in FPO. Stay away otherwise will have to inccur a huge loss
HEMENDRA SHAH, use your common sense, don't behave like an fool, every body says that, this IPO is worst.
Only fools will apply.Mr HEMENDRA SHAH suggest you to sell all your assets and put money in this company.You will be millionaire.
What is the matter with Ahmedabad companies????
Its another Usher Agro. Fixed price issue listed on discount. Still trading at discount. Also Ahmedabad company. Be cautious.
NEVER BUY FPO if company is not reputed. You will be loss if purchase at 35 because more share will be added resulting price has to go down. You can study Gulshan Sugar FPO whcich com recently.
vimal oil & foods ipo is coming on 14 to 23 march. right now the price in bse is rs. 35/- kindly inform if i purchase the share @ rs. 35 from bse market then there is a chance of getting profit at the time of ipo.
a very good issue
not very good company -
what about this?