Incorporated in 1998, VKS Projects Ltd is a Navi Mumbai based Engineering Procurement and Construction Company (EPC Contractor) engaged in the business of undertaking EPC Contracts of CS/SS/Alloy Steel Turnkey Piping, Civil Land Development, Industrial / Commercial Infra Projects, Structural Fabrication and Erection of Equipments, Fire Fighting Projects and Commissioning of Chemical Plants for various industries including but not limited to Chemicals, Oil and Gas (on-shore and offshore), Refinery, Petrochemicals, Dyestuff, Pharma & Bulk Drugs, Metallurgy, Power and Textiles.
Company area of expertise are Fabrication & Erection of Key Industry Equipments/Plants including Reaction Vessels, Auto Claves, Vacuum Tray Driers, Storage Tanks, Chilling Plants, Hydrogenerators, Fire Fighting Units, Heat Exchangers/Condensers, Rotary Vacuum Tray Driers, Centrifuges, WHR boilers, Crystallizers, Scrubbers, Distillation Units, and Flakers etc.
The company is promoted by Dr. V.K. Sukumaran & Dr. Saritha Sukumaran.
|Particulars||For the year/period ended (in Rs. Lacs))|
|Profit After Tax (PAT)||315.97||200.44||19.37|
The objects of the issue are:
1. To meet long-term working capital requirements.
2. To finance the procurement of Construction Equipment and Key Machineries.
3. To finance the setting up of Engineering Design Studio/Office and Training Centre in Chennai, Cochin, Delhi, Hyderabad and Ahmedabad.
4. For General Corporate Purposes; and
5. To Meet Issue Expenses
»» Issue Open: Jun 29, 2012 - Jul 4, 2012
»» Issue Type: Book Built Issue IPO
»» Issue Size: 10,000,000 Equity Shares of Rs 10 aggregating up to Rs 55.00 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 55 - Rs 60 Per Equity Share
»» Market Lot: 100 Shares
»» Minimum Order Quantity: 100 Shares
»» Listing At: BSE, NSE
CRISIL has assigned an IPO Grade 1 to VKS Projects IPO. This means as per CRISIL, company has 'Poor Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.
Check IPO Ratings from other stock analysts.
VKS Projects IPO Subscription Status tells if VKS Projects IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. VKS Projects IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Times Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||5,000,000||1,500,000||3,500,000||10,000,000|
|Day 1 - Jun 29, 2012 17:00 IST||1.0000||0.0000||0.0000||0.5000|
|Day 2 - Jul 2, 2012 17:00 IST||1.0000||0.0000||0.0000||0.5000|
|Day 3 - Jul 3, 2012 17:00 IST||1.1500||0.3300||0.1000||0.6600|
|Day 4 - Jul 4, 2012 17:00 IST||1.1500||0.3800||1.1300||1.0300|
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