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Track all the latest updates and news of VKS Projects IPO.
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Published by : Fox BusinessVKS Projects IPO shares will list on Wednesday, July 18, 2012. Issue price of this IPO has been fixed at Rs 55/- per share. IPO was subscribed 1.03 times (1.13 times in retail) on closing day.
VKS Projects IPO Listing Date
Listing Date: Wednesday, July 18, 2012
BSE Scrip Code: 534567
NSE Symbol: VKSPL
Listing In: 'T' Group of Securities
ISIN: INE213M01016
Issue Price: Rs. 55.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share
VKS Projects Ltd IPO allotment status is now available online.
VKS Projects IPO was open on June 29, 2012 and closed on July 04, 2012. IPO was oversubscribed by 1.03 times (1.13 times in retail) on closing day.
VKS Projects Ltd IPO is fully subscribed on its closing day. VKS Projects IPO was open on June 29, 2012 and closed today on July 04, 2012 for subscription. VKS Projects has received bids for 1,02,99,800 shares as against issue size of 1,00,00,000 shares.
Subscription Detail for Day 4 (Closing Day)
Qualified Institutional Buyers (QIBs): 1.15 Times
Non Institutional Investors: 0.38 Times
Retail Individual Investors (RIIs): 1.13 Times
Total: 1.03 Times
VKS Projects Ltd is entering in the capital markets with an initial public offering, IPO of Rs 55.00 Crore. The price band for the issue has been fixed at Rs 55/- at lower level and Rs 60/- at upper level.
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.
The issue opens on Jun 29, 2012 and closes for subscription on Jul 04, 2012. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The VKS Projects IPO is proposed to open on June 29, 2012. The IPO application ends on July 4, 2012.
Retail investors can apply in the retail or non-institutional investor category from June 29, 2012 to July 4, 2012. The VKS Projects IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The VKS Projects IPO will open for subscription on June 29, 2012. The public issue will close on July 4, 2012.
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