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 DateMar 25, 2021
IPO Closing DateMar 31, 2021
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹37 to ₹39 per equity share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtNSE 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 DateMar 25, 2021
IPO Close DateMar 31, 2021
Basis of Allotment DateApr 6, 2021
Initiation of RefundsApr 7, 2021
Credit of Shares to Demat AccountApr 8, 2021
IPO Listing DateApr 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).

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹117,000
Maximum13000₹117,000

V-Marc India IPO Promoter Holding

Pre Issue Share Holding94.97%
Post Issue Share Holding

V-Marc India IPO Subscription Status (Bidding Detail)

The V-Marc India IPO is subscribed 1.62x times on Mar 31, 2021 17:00. The public issue subscribed 1.80x in the retail category, in the QIB category, and 1.44x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

1.44x

RII

1.80x

Total

1.62x

V-Marc India IPO Prospectus

V-Marc India IPO Rating

63
3.8
Rating:Rated 3.8 stars

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V-Marc India IPO Listing Date

Listing DateFriday, April 9, 2021
BSE Script Code
NSE SymbolVMARCIND
Listing InST Group of Securities
ISININE0GXK01018
IPO Price₹39 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹39.00
Open:₹46.50
Low:₹44.20
High:₹48.60
Last Trade:₹47.10
Volume:714,000

V-Marc India IPO Reviews / Ratings

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
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

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

V-Marc India IPO FAQs

  1. What is V-Marc India IPO?

    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.

  2. How to apply in V-Marc India IPO through Zerodha?

    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.

  3. When V-Marc India IPO will open?

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

  4. What is the lot size of V-Marc India IPO?

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

  5. How to apply for V-Marc India IPO?

    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.

  6. When V-Marc India IPO allotment?

    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.

  7. When is V-Marc India IPO listing date?

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

V-Marc India IPO Message Board

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