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Vishal Fabrics Ltd IPO (Vishal Fabrics IPO) Detail

July 31, 2014 - August 5, 2014

Vishal Fabrics IPO is a fixed price issue of Rs 15.63 crores.

Vishal Fabrics IPO bidding started from July 31, 2014 and ended on August 5, 2014. The shares got listed on BSE SME on August 20, 2014.

Vishal Fabrics IPO price is ₹45 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹135,000.

Aryaman Financial Services Limited is the book running lead manager of the Vishal Fabrics IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Vishal Fabrics IPO RHP for detailed information.

Vishal Fabrics IPO Details

IPO Date July 31, 2014 to August 5, 2014
Listing Date August 20, 2014
Face Value ₹10 per share
Price ₹45 per share
Lot Size 3000 Shares
Total Issue Size3,474,000 shares
(aggregating up to ₹15.63 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Vishal Fabrics IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹135,000
Retail (Max) 1 3000 ₹135,000
Lot Size Calculator

About Vishal Fabrics Ltd

Incorporated in 2014, Vishal Fabrics Limited (VFL) is a flagship Company of Chiripal Group, Ahmedabad and is recognized as a leading process house with a capacity to produce 100 million meter processed fabric per annum. VFL is engaged in the business of dyeing, printing and processing of fabrics of its own and also on job work basis.

Company procures mainly Grey Fabric and dyes, prints and finishes the same as per the client�s requirements. The processing unit of the Company is based in Narol, Ahmedabad, Gujarat. The plant has the capacity to print, dye and process wide range of fabrics i.e. cotton, polyester, viscose and man-made & blended fabrics suitable for men�s wear, women�s wear, home furnishing and many other applications.

Objects of the Issue (Vishal Fabrics IPO Objectives)

The Objects of the Issue is to raise funds for:

1. Funding Long Term Working Capital Requirements; and
2. Funding expenditure for General Corporate Purpose.

Vishal Fabrics IPO Review (Avoid)

[Dilip Davda]  

 

Remark: Avoid this pricy issue that also has entry barriers.  

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Vishal Fabrics IPO Prospectus

Vishal Fabrics IPO Rating

15
2.9
Rating:Rated 2.9 stars
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Vishal Fabrics IPO Listing Details

Listing Date August 20, 2014
BSE Script Code 538598
NSE Symbol
ISIN INE755Q01017
Final Issue Price ₹45 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹45.00
₹45.20
₹44.05
₹46.90
₹46.90

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Vishal Fabrics Ltd Contact Details

Vishal Fabrics Ltd
Vishal Fabrics Ltd,
Ranipur, Narol Road,
Ahmedabad, 382405 Gujarat
Phone: +91-79-25353977 /78
Email: cs.vfl@chiripalgroup.com
Website: http://www.vishalfabricsltd.com

Vishal Fabrics IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: vfl.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Vishal Fabrics IPO - Buy or Not

Vishal Fabrics IPO Recommendation Summary

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Members 0 0 0

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Vishal Fabrics IPO FAQs

Vishal Fabrics IPO is a SME IPO of 3,474,000 equity shares of the face value of ₹10 aggregating up to ₹15.63 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000 Shares.

The IPO opens on July 31, 2014, and closes on August 5, 2014.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Vishal Fabrics IPO opens on July 31, 2014 and closes on August 5, 2014.

Vishal Fabrics IPO lot size is 3000 Shares, and the minimum amount required is ₹135,000.

You can apply in Vishal Fabrics IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Vishal Fabrics IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vishal Fabrics IPO allotment status.

The Vishal Fabrics IPO listing date is on August 20, 2014.
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Vishal Fabrics IPO Message Board

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6 Comments

6. jigaReligare |   Link |  Bookmark |August 20, 2014 2:50:42 PM
SNOWMAN LOGISTIC KA ISTIME CHITTORGARH PE UPDATE NAHI HAI
5. ARUNGARG |   Link |  Bookmark |August 20, 2014 1:23:36 PM
snowman logistic min app kostak 550/-
4. Samir Gohel |   Link |  Bookmark |August 18, 2014 2:59:00 PM
snowman logistics''s premium ?
3. ARUNGARG |   Link |  Bookmark |August 14, 2014 2:00:42 PM
new ipo snowman logistic
price 44-47.open 26 aug. close 28 aug
2. Dilip Davda |   Link |  Bookmark |August 9, 2014 6:57:41 PM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
IN THE LAST WEEK OF AUGUST 2014, WE HAVE MAIN LINE IPO FROM SNOWMAN LOGISTICS WHICH IS PLANNING TO RAISE AROUND RS. 195 CRORE. MORE DETAILS ASAP

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

1. DURAISWAMY |   Link |  Bookmark |July 31, 2014 6:01:19 PM
MY MONEY IS LOCKED WITH DHANUKKA COMMERCIAL IPO. IT IS TRADING BELOW ISSUE PRICE FROM THE DATE OF LISTING SEEMS TO BE WORST IPO I APPLIED. SO I AM SORRY TO THIS IPO.