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V-Marc India Limited IPO (V-Marc India IPO) Detail

Mar 25, 2021 - Mar 31, 2021

Incorporated in 2014, V-Marc India Limited is engaged in the business of manufacturing and marketing wires and cables under the brand name of "V-Marc". The company manufactures and sells a diversified range of wires and cables i.e. single & multistrand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, wires, and aerial bunched cables, etc.

The company sells its products through multiple channels; 1. government tenders to supply products for government projects, 2. supply to EPC contractors for turnkey projects, and 3. dealer and distribution network to directly sell to private companies. It supplies its products across industries i.e. power, real estate, railways, and telecom sector. As of Dec 31, 2020, it has a strong network of 650+ dealers across 12 states.

The firm has two manufacturing facilities located at Haridwar, Uttarakhand with an aggregate installed capacity of 71,100 KM p.a and also proposes to set-up a new manufacturing facility with a total capacity of 11,520 km p.a.

Competitive strengths

  • Diversified product portfolio with a wide range of wires and cables.
  • Geographically diversified customer base.
  • Strong dealer network distribution.
  • Experienced and dedicated management.

Company Promoters:

Vikas Garg and Meenakshi Garg are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 12,962.05 12,968.32 11,274.96 8,643.20
Total Revenue 13,062.57 17,164.44 20,525.61 14,351.31
Profit After Tax 401.58 464.60 488.95 223.66

Objects of the Issue:

The net IPO proceed will be used towards the following purposes;

  • To finance capital expenditure to establish proposed manufacturing facility.
  • To meet company's working capital requirements.
  • General corporate purposes.

V-Marc India IPO Details

IPO Opening Date Mar 25, 2021
IPO Closing Date Mar 31, 2021
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹37 to ₹39 per equity share
Market Lot 3000 Shares
Min Order Quantity 3000 Shares
Listing At NSE SME
Issue Size6,000,000 Eq Shares of ₹10
(aggregating up to ₹23.40 Cr)

V-Marc India IPO Tentative Timetable

The V-Marc India IPO open date is Mar 25, 2021, and the close date is Mar 31, 2021. The issue may list on Apr 9, 2021.

IPO Open Date Mar 25, 2021
IPO Close Date Mar 31, 2021
Basis of Allotment Date Apr 6, 2021
Initiation of Refunds Apr 7, 2021
Credit of Shares to Demat Account Apr 8, 2021
IPO Listing Date Apr 9, 2021

V-Marc India IPO Lot Size

The V-Marc India IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹117,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 3000 ₹117,000
Maximum 1 3000 ₹117,000

V-Marc India IPO Promoter Holding

Pre Issue Share Holding 94.97%
Post Issue Share Holding

V-Marc India IPO Subscription Status (Bidding Detail)

The V-Marc India IPO is subscribed 1.62 times on 3/31/2021 5:00:00 PM. The public issue subscribed 1.80 in the retail category, in the QIB category, and 1.44 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII1.44
Retail1.80
Total1.62

V-Marc India IPO Prospectus

V-Marc India IPO Rating

63
3.8
Rating:Rated 3.8 stars
Vote Here ...

V-Marc India IPO Listing Date

Listing Date Friday, April 9, 2021
BSE Script Code
NSE Symbol VMARCIND
Listing In ST Group of Securities
ISIN INE0GXK01018
IPO Price ₹39 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹39.00
Open: ₹46.50
Low: ₹44.20
High: ₹48.60
Last Trade: ₹47.10

Company Contact Information

V-Marc India Limited
Plot No. 3, 4, 18, 20A, Sector IIDC,
SIDCUL Haridwar -249403

Phone: +91 1334-239638
Email: investor@v-marc.in
Website: http://www.v-marc.com/

V-Marc India IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

V-Marc India IPO Reviews / Ratings

V-Marc India IPO FAQs

V-Marc India IPO is a SME IPO of 6,000,000 equity shares of the face value of ₹10 aggregating up to ₹23.40 Crores. The issue is priced at ₹37 to ₹39 per equity share. The minimum order quantity is 3000 Shares.

The IPO opens on Mar 25, 2021, and closes on Mar 31, 2021.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in V-Marc India IPO using UPI as a payment gateway. Zerodha customers can apply in V-Marc India IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in V-Marc India IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'V-Marc India IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The V-Marc India IPO opens on Mar 25, 2021 and closes on Mar 31, 2021.

V-Marc India IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

You can apply in V-Marc India 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-Marc India IPO will be done on Apr 6, 2021, and the allotted shares will be credited to your demat account by Apr 8, 2021. Check the V-Marc India IPO allotment status.

The V-Marc India IPO listing date is on Friday, April 9, 2021.

V-Marc India IPO Message Board

Ranked Members  Ranked Members

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41 Comments

23. IPOANALYSIS |Apr 9, 2021 4:49:29 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Dinesh Singh is biggest flipper I have seen in my life. First message in siddhant coating it is a very good company. When it went down on listing then it is a fraud company . Atleast be a man of words. Baki log Jo likhte hai atleast stick to their words.
22. Repathi Kishore |Apr 9, 2021 3:12:32 PM
Vmarc no one traded in the exchange, I checked in nse website
21. Sanema |Apr 9, 2021 12:18:14 PM
Not a single lot traded since an hour.
Pantomath does not care about its listing on listing day also.
Hem is much better than pantomath.
Pantomath has lost its credibility.
20. IPOANALYSIS |Apr 9, 2021 2:12:41 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
I am surprised how it is success when there is no trade happening most part of the day. I woul have given 10/10 to Panthomath had there been trades open all day at same price. Let us see how it performs in coming days
19. IPOANALYSIS |Apr 9, 2021 11:32:24 AM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Prasann ko baari dhakka laga. Ab bechara excuses dhoondta hai . ABC Nahi pata isse stock market ki. Anyway not even a single liked message .iske neeche level pe Nahi girna chaiyeh.
18. IPOANALYSIS |Apr 9, 2021 11:06:08 AM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Pitchure changes. Lol. @Prasann. Regine Dr tujhse toh bilkul BHI Nahi ho payega.
17. IPOANALYSIS |Apr 9, 2021 11:09:53 AM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Once again Panthomath lived up to its expectation .lol
16. Splendid |Apr 9, 2021 10:51:09 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Pantomath is back with a bang. Stellar listing.
15. IPOANALYSIS |Apr 9, 2021 10:48:50 AM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Looks like Panthomath is back after long time
14. Dinesh Singh |Apr 8, 2021 7:47:27 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Let''s see the listing tomorrow.
13. Sanema |Apr 8, 2021 11:56:55 AM
Why till now no allotment done???
12. P Patel |Mar 24, 2021 8:05:03 PM
IPO Mentor IPO Mentor (600+ Posts, 700+ Likes)
When accessing their website, got below message....
-------------------------------------------------------
Bandwidth Limit Exceeded
The server is temporarily unable to service your request due to the site owner reaching his/her bandwidth limit. Please try again later.
-------------------------------------------------------
Bhai issue la rahe ho... atleast website ki bandwidth unlimited rakho...
11. IPOANALYSIS |Mar 25, 2021 10:27:43 AM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Again updating Panthomath all recent issues have gone down . It will be silly to apply in its new issues when Panthomath already have a bad name in market now. It cannot even maintain 10 pc success rate. Please do not subscribe as much better company available in secondary market than this .
10. vellaisamy |Mar 26, 2021 9:18:24 AM
Hello...
9. IPOANALYSIS |Mar 24, 2021 6:15:09 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Does anyone know out of 96 issues handled by Panthomath only 10 are above issue price and 86 are below issue price which means track record of 10 pc only.
8. Santosh Pareek |Mar 24, 2021 4:21:18 PM
RHP Link:
https://www1.nseindia.com/emerge/corporates/content/V-MarcIndia_RHP.pdf
7. Santosh Pareek |Mar 24, 2021 4:19:18 PM
Virtual Analysts'' & Brokers'' IPO Conference for the announcement of their Initial Public Offering on Thursday, March 25th, 2021 at 04:30 PM.

link:
https://zoom.us/webinar/register/WN_WEi3rP-GQJaA6iJU-DBu1w
6. IPOANALYSIS |Mar 24, 2021 12:04:17 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Last all 5 IPO from panthomath below issue price. Plz stay away from such issue as it taking advantage of IPO euphoria
5. Spock 🖖 |Mar 24, 2021 11:48:30 AM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
LM Pantomath after long time !!!
last few listing were not great, suich industries was a disaster for investors
4. KDForIPO |Mar 24, 2021 8:14:02 AM
Hello,
This looks good.
Should apply this Or buy KMEW ?
For 1 year.
Can anyone suggest ?

Thank you.