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Vishal Information IPO is a book built issue of Rs 41.85 crores.
Vishal Information IPO bidding started from July 21, 2008 and ended on July 24, 2008. The shares got listed on BSE, NSE on August 11, 2008.
Vishal Information IPO price band is set at ₹140 to ₹150 per share. The minimum lot size for an application is 40 Shares. The minimum amount of investment required by retail investors is ₹6,000.
Keynote Financial Services Ltd is the book running lead manager of the Vishal Information IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Vishal Information IPO RHP for detailed information.
| IPO Date | July 21, 2008 to July 24, 2008 |
| Listing Date | August 11, 2008 |
| Face Value | ₹10 per share |
| Price Band | ₹140 to ₹150 per share |
| Lot Size | 40 Shares |
| Total Issue Size | 2,790,000 shares (aggregating up to ₹41.85 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Investors can bid for a minimum of 40 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 | 40 | ₹6,000 |
| Retail (Max) | 33 | 1320 | ₹198,000 |
| Lot Size Calculator | |||
Incorporated in 1994, Vishal Information Technologies Limited is one among the first few companies to venture in the field of ITES/BPO services. VITL is in the areas of data digitization, E-publishing and digital library. VITL is a subsidiary of Tutis Technologies who are into Biometric Products, Software Development and consulting. VITL has its branches in Mumbai and Chennai with a representative office in UK and UAE.
VITL is one of the pioneers in the concept called �Digital Library for Visually Impaired and Blind� in respect of Classic series. This concept was presented to an UK based institution who promotes the causes and challenges of visually impaired and blind. This concept on e-publishing for visually impaired involves conversion of small print books to large print books and make available as ready to print PDF both in digital, talking book and print format.
Presently VITL focuses on the following business verticals:
1. Data digitization
2. E-Publishing
3. Digital Library
4. Print on Demand (POD)
| Particulars | For the year/period ended (Rs. in lacs) | ||||
| 30-Sep-07 | 31-Mar-07 | 31-Mar-06 | 31-Mar-05 | 31-Mar-04 | |
| Total Income | 1965.77 | 3060.10 | 2564.28 | 2082.33 | 1389.28 |
| Profit After Tax (PAT) | 594.64 | 1120.20 | 913.63 | 732.65 | 523.84 |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
1. To finance the cost of expansion of the facilities in Chennai;
2. To finance the cost of setting up of Quality Assurance Center and Marketing office in Mumbai;
3. To set up a subsidiary in the United Kingdom and United States of America;
4. General Corporate Purposes;
5. Meeting the Public Issue Expenses.
The Vishal Information IPO is subscribed 1.19 times on July 24, 2008 5:00:00 PM. The public issue subscribed 2.19 times in the retail category, 0.45 times in the QIB category, and 1.36 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | August 11, 2008 |
| BSE Script Code | 533011 |
| NSE Symbol | VITLINFO |
| ISIN | INE108J01014 |
| Final Issue Price | ₹150 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹150.00 |
| ₹150.00 |
| ₹145.00 |
| ₹197.20 |
| ₹194.15 |
| NSE |
|---|
| ₹150.00 |
| ₹130.00 |
| ₹125.60 |
| ₹198.35 |
| ₹194.60 |
Vishal Information Technologies Ltd
Kingsley Chambers, Block No.26,
Ramasamy Street, T Nagar, Mambalam,
Guindy Taluk, Chennai � 600017.
Phone: + 91-44-24362751
Email: investors@vishalinfotech.com
Website: http://www.vishalinfotech.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: vitl.ipo@intimespectrum.com
Website: https://linkintime.co.in/initial_offer/public-issues.html
Vishal Information IPO is a main-board IPO of 2,790,000 equity shares of the face value of ₹10 aggregating up to ₹41.85 Crores. The issue is priced at ₹140 to ₹150 per share. The minimum order quantity is 40 Shares.
The IPO opens on July 21, 2008, and closes on July 24, 2008.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Vishal Information IPO opens on July 21, 2008 and closes on July 24, 2008.
Vishal Information IPO lot size is 40 Shares, and the minimum amount required is ₹6,000.
You can apply in Vishal Information 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 Information IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vishal Information IPO allotment status.
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