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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 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

V-Marc India IPO Date Mar 25, 2021 to Mar 31, 2021
V-Marc India IPO Face Value ₹10 per share
V-Marc India IPO Price ₹37 to ₹39 per share
V-Marc India IPO Lot Size 3000 Shares
Issue Size6,000,000 shares of ₹10
(aggregating up to ₹23.40 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Company Promoters

Vikas Garg and Meenakshi Garg are the company promoters.

V-Marc India IPO Timeline (Tentative Timetable)

V-Marc India IPO opens on Mar 25, 2021, and closes on Mar 31, 2021. The V-Marc India IPO bid date is from Mar 25, 2021 10.00 A.M. to Mar 31, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
V-Marc India IPO Opening Date Mar 25, 2021
V-Marc India IPO Closing Date Mar 31, 2021
Basis of Allotment Apr 6, 2021
Initiation of Refunds Apr 7, 2021
Credit of Shares to Demat Apr 8, 2021
V-Marc India IPO Listing Date Apr 9, 2021

V-Marc India IPO Lot Size

The V-Marc India IPO 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
Retail (Min) 1 3000 ₹117,000
Retail (Max) 1 3000 ₹117,000

V-Marc India IPO Promoter Holding

Pre Issue Share Holding 94.97%
Post Issue Share Holding

V-Marc India IPO Review

VMIL is operating in a highly competitive segment with many big players as well as unorganized local players. Based on its financial data, the issue appears fully priced. With mega spending on the power sector by the government, demands for cables will be on the rise. Considering this, investors may consider investing in this issue with a long term perspective. Read detail review...


V-Marc India IPO Subscription Status (Bidding Detail)

The V-Marc India IPO is subscribed 1.62 times on Mar 31, 2021 5:00:00 PM. The public issue subscribed 1.80 times in the retail category, times in the QIB category, and 1.44 times 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 share
Face Value ₹10 per 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 Review

V-Marc India IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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IPO Broker Recommendations

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 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 .

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.
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V-Marc India IPO Message Board

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47 Comments

28. IPOANALYSIS |   Link |Apr 15, 2021 2:22:38 PM
Shame on Panthomath. Now Hem securities has proved it''s supremacy.
27. IPOANALYSIS |   Link |Apr 13, 2021 1:39:14 PM
Once again Panthomath has proved that it is is not eligible for investor safety and now no chance of it to garner any money in coming future. Bye bye.
26. IPOANALYSIS |   Link |Apr 9, 2021 3:49:29 PM
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.
26.3. Deepakkumar |   Link |Apr 9, 2021 4:53:27 PM
Top Contributor Top Contributor (200+ Posts)
Keep it cool at the time of Corona. Be happy.
26.4. IPOANALYSIS |   Link |Apr 9, 2021 5:41:17 PM
Arey Deepak Bhai Kahi log APNI Galti Nahi dekhte and they keep targetting. I never started despite Dinesh multiple incorrect and wrong suggestion
Isleyi ek kahawat hai jinke Ghar seeshe ke hote hai Woh dossri ke Ghar pathar Nahi marte. Remember this as mutiple things will be pointed if u point one finger at me.
25. Repathi Kishore |   Link |Apr 9, 2021 2:12:32 PM
Vmarc no one traded in the exchange, I checked in nse website
24. Sanema |   Link |Apr 9, 2021 11:18:14 AM
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.
24.1. IPOANALYSIS |   Link |Apr 9, 2021 1:39:58 PM
I agree completely. A less knowledgeable person is doing thali beating for no reason.
23. IPOANALYSIS |   Link |Apr 9, 2021 1:12:41 PM
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
22. IPOANALYSIS |   Link |Apr 9, 2021 10:32:24 AM
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.
21. IPOANALYSIS |   Link |Apr 9, 2021 10:06:08 AM
Pitchure changes. Lol. @Prasann. Regine Dr tujhse toh bilkul BHI Nahi ho payega.
21.1. Prasann |   Link |Apr 9, 2021 10:11:41 AM
Tera to pata nahi bhai.. But I sold @46.5....vese teri heigher level ki buri nazar lag gai hogi...
21.2. IPOANALYSIS |   Link |Apr 9, 2021 10:17:07 AM
Log aise hi jhoot Bolte Jaise Tumne Bola ki bech Diya jab haar Hoti hai. Rehne de tujhse bilkul aur bilkul hi Nahi ho payega.
20. IPOANALYSIS |   Link |Apr 9, 2021 10:09:53 AM
Once again Panthomath lived up to its expectation .lol
19. Splendid |   Link |Apr 9, 2021 9:51:09 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Pantomath is back with a bang. Stellar listing.
18. IPOANALYSIS |   Link |Apr 9, 2021 9:48:50 AM
Looks like Panthomath is back after long time
17. Dinesh Singh |   Link |Apr 8, 2021 6:47:27 PM
IPO Guru IPO Guru (1000+ Posts, 400+ Likes)
Let''s see the listing tomorrow.
16. Sanema |   Link |Apr 8, 2021 10:56:55 AM
Why till now no allotment done???
16.1. Deepakkumar |   Link |Apr 8, 2021 11:15:45 AM
Top Contributor Top Contributor (200+ Posts)
Allotment done, check your email or bank statement.
15. IPOANALYSIS |   Link |Mar 31, 2021 3:32:34 PM
Panthomath reputation at stake with this IPO. If It does not perform Panthomath should forget to get any new issues. In some sense you can say this is saving grace for the company.
14. Dinesh Singh |   Link |Mar 30, 2021 4:58:03 PM
IPO Guru IPO Guru (1000+ Posts, 400+ Likes)
Admin,
Please update the QIB Portion of subscription also.
It has been subscribed by QIB as per NSE SME website for 300k shares. Thanks.
13. IPOANALYSIS |   Link |Mar 30, 2021 3:46:44 PM
This company has 50 crore debt
It is a joke to apply .
13.3. Dinesh Singh |   Link |Apr 9, 2021 3:30:13 PM
IPO Guru IPO Guru (1000+ Posts, 400+ Likes)
50 crore debt company?
Look at price 48 now.
Check the traded quantities now.
You are just gone case
13.4. IPOANALYSIS |   Link |Apr 9, 2021 3:46:16 PM
It is back to 44.60 now. 1 st day noone can predict what will happen. Your name tag should be changed from contributor to flipper. Every second checking and writing whenever see the price little higher. By the way your below message shows 0 knowledge . First u wrote it''s a good company siddhany coating and next you wrote it''s a fraud company. Atleast Be a man of your words . Biggest flipper ever.
Siddhikaa Coatings Limited IPO

Looking good. SME,
12. P Patel |   Link |Mar 24, 2021 7:05:03 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ 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...
12.1. Sharvam |   Link |Mar 24, 2021 7:20:08 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Patel sahab,
SME is highly dangerous in current market situation. If I recall, Dynamic cable (SME) was given at 40 now trading at 24/25.It has much better financial than V-marc, but still cannot trade above ipo price.
12.2. IPOANALYSIS |   Link |Mar 24, 2021 9:25:12 PM
Panthomath used to have name at some time but now it has lost all its credibility. Please avoid as likely the lead manager reputation is all gone. There are many better SME plays in secondary too
Panthomath success ratio. Is below 10 pc which proves better to avoid all its new issues .
11. IPOANALYSIS |   Link |Mar 25, 2021 9:27:43 AM
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 |   Link |Mar 26, 2021 8:18:24 AM
Hello...
9. IPOANALYSIS |   Link |Mar 24, 2021 5:15:09 PM
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.
9.1. IPOANALYSIS |   Link |Mar 24, 2021 5:20:29 PM
In contrast out of 69 issues handled by Aryaman 25 are above issue price. So success of 40 pc for Aryaman in comparison to Panthomath . Please shun lead manager with bad performance .