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Vaksons Automobiles Limited IPO (Vaksons Automobiles IPO) Detail

September 28, 2015 - October 1, 2015

Vaksons Automobiles IPO is a fixed price issue of Rs 6.24 crores.

Vaksons Automobiles IPO bidding started from September 28, 2015 and ended on October 1, 2015. The shares got listed on BSE SME on October 16, 2015.

Vaksons Automobiles IPO price is ₹26 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹104,000.

Aryaman Financial Services Limited is the book running lead manager of the Vaksons Automobiles IPO, while Cameo Corporate Services Limited is the registrar for the issue.

Refer to Vaksons Automobiles IPO RHP for detailed information.

Vaksons Automobiles IPO Details

IPO Date September 28, 2015 to October 1, 2015
Listing Date October 16, 2015
Face Value ₹10 per share
Price ₹26 per share
Lot Size 4000 Shares
Total Issue Size2,400,000 shares
(aggregating up to ₹6.24 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Vaksons Automobiles IPO Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 4000 ₹104,000
Retail (Max) 1 4000 ₹104,000
Lot Size Calculator

About Vaksons Automobiles Limited

Vaksons Automobiles is authorised dealer for Force Motors Ltd. Company sell and service Light Commercial Vehicles (LCV), Multi-Utility Vehicles (MUV), Small Commercial Vehicles (SCV Vehicles).

Vaksons Automobiles has 3 showrooms of Force Motors at Sonepat, Panipat and Gohana within the state of Haryana. Company also has in-house service centre at Sonepat for the servicing and other after-sales needs.

Apart from the vehicle dealership business, Vaksons Automobiles have also been involved in trading of vehicle spare parts and utilities of branded as well as generic products forming part of the auto value chain.

Vaksons Automobiles have recently incorporated a subsidiary company in the name and style of 'Vaksons Metaplast Pvt. Ltd.' in order to undertake trading in auto parts, HDPE and LDPE polymer, aluminium scrap, and other metal and plastic items on a larger scale.

Objects of the Issue (Vaksons Automobiles IPO Objectives)

The Object of the Issue is to raise funds in order to:

1. Finance the setting up of Vehicle Service Centre at Sonepat, Haryana
2. Meet Long Term Working Capital Requirements of the company
3. Invest in subsidiary company - Vaksons Metaplast Pvt. Ltd.
4. Meet Issue related Expenses
5. Meet General Corporate Expenses

Vaksons Automobiles IPO Review (Avoid)

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This aggressively priced offer may be given a miss.

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Vaksons Automobiles IPO Prospectus

Vaksons Automobiles IPO Rating

Rating:Rated 3.6 stars
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Vaksons Automobiles IPO Listing Details

Listing Date October 16, 2015
BSE Script Code 539402
NSE Symbol
ISIN INE256S01012
Final Issue Price ₹26 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
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Vaksons Automobiles Limited Contact Details

Vaksons Automobiles Limited
105, 1st Floor, Barodia Tower, Plot No 12,
D Block, Central Market Prashant Vihar,
New Delhi - 110085
Phone: +91 9354833999

Vaksons Automobiles IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

Vaksons Automobiles IPO - Buy or Not

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Vaksons Automobiles IPO FAQs

Vaksons Automobiles IPO is a SME IPO of 2,400,000 equity shares of the face value of ₹10 aggregating up to ₹6.24 Crores. The issue is priced at ₹26 per share. The minimum order quantity is 4000 Shares.

The IPO opens on September 28, 2015, and closes on October 1, 2015.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Vaksons Automobiles IPO opens on September 28, 2015 and closes on October 1, 2015.

Vaksons Automobiles IPO lot size is 4000 Shares, and the minimum amount required is ₹104,000.

You can apply in Vaksons Automobiles 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Vaksons Automobiles IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vaksons Automobiles IPO allotment status.

The Vaksons Automobiles IPO listing date is on October 16, 2015.
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Vaksons Automobiles IPO Message Board

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1. kumud joshi |   Link |  Bookmark |September 30, 2015 6:21:18 PM
What about Vaksons Automobiles IPO?