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Incorporated in 1996, V-Guard Industries Limited is in the manufacturing and marketing of various electrical and electronic products.
V-Guard presently have sixteen branches including head office located in Cochin, spread across 12 states and the Union Territory of Delhi. They have recently ventured into states of Maharashtra, Haryana, Madhya Pradesh, Orissa, Himachal Pradesh, Chattisgarh, Uttar Pradesh and Gujarat.
Products marketed under the brand name ‘V-GUARD’ are:
1. Electronic Voltage Stabilizers
2. Monobloc, Jet, Submersible pumps and Electric Motors
3. Insulated Electrical Cables (House Wiring & Industrial)
4. Electric Storage & Instant Water Heaters
5. Solar Water Heaters
6. UPS
7. Electric Fans
8. Generation of power through wind mills.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Setup Cable manufacturing facilities;
2. Enameling Plant;
3. Plants and Service & Distribution centre at strategic locations throughout the country;
4. Meet general corporate purposes;
5. Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.
| V-Guard IPO Date | Feb 18, 2008 to Feb 21, 2008 |
| V-Guard IPO Face Value | ₹10 per share |
| V-Guard IPO Price | ₹80 to ₹85 per share |
| V-Guard IPO Lot Size | 80 Shares |
| Issue Size | 8,000,000 shares of ₹10 (aggregating up to ₹65.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
The V-Guard IPO lot size is 80 shares. A retail-individual investor can apply for up to 29 lots (2320 shares or ₹197,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 80 | ₹6,800 |
| Retail (Max) | 29 | 2320 | ₹197,200 |
The V-Guard IPO is subscribed 2.70 times on Feb 21, 2008 5:00:00 PM. The public issue subscribed 4.24 times in the retail category, 1.74 times in the QIB category, and 2.92 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | Thursday, March 13, 2008 |
| BSE Script Code | 532953 |
| NSE Symbol | VGUARD |
| Listing In | B Group of Securities |
| ISIN | INE951I01019 |
| IPO Price | ₹82 per share |
| Face Value | ₹10 per share |
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V-Guard Industries Limited
44/1037, Little Flower Church Road,
Kaloor,
Cochin- 682017, Kerala, India
Phone: +91-0484-2539911
Email: ipo@vguard.in
Website: http://www.vguard.in
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: vil.ipo@intimespectrum.com
Website: https://linkintime.co.in/
V-Guard IPO is a main-board IPO of 8,000,000 equity shares of the face value of ₹10 aggregating up to ₹65.60 Crores. The issue is priced at ₹80 to ₹85 per share. The minimum order quantity is 80 Shares.
The IPO opens on Feb 18, 2008, and closes on Feb 21, 2008.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The V-Guard IPO opens on Feb 18, 2008 and closes on Feb 21, 2008.
V-Guard IPO lot size is 80 Shares and the minimum order quantity is .
You can apply in V-Guard 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for V-Guard IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the V-Guard IPO allotment status.
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