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.
Mr. Atul Kumar Jain and Mrs. Vandana Jain are the Promoters of the Company.
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
| IPO Date | Sep 28, 2015 - Oct 1, 2015 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 2,400,000 Eq Shares of ₹10 (aggregating up to ₹6.24 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹26 Per Equity Share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | BSE SME |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹104,000 |
| Maximum | 1 | 4000 | ₹104,000 |
| Listing Date | Friday, October 16, 2015 |
| BSE Script Code | 539402 |
| NSE Symbol | |
| Listing In | MT |
| ISIN | INE256S01012 |
| IPO Price | ₹26 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
Vaksons Automobiles Limited
105, 1st Floor, Barodia Tower, Plot No 12,
D Block, Central Market Prashant Vihar,
New Delhi - 110085
Phone: +91 9354833999
Email: info@vaksonsautomobiles.in
Website: http://www.vaksonsautomobiles.in/
Cameo Corporate Services Limited
Cameo Corporate Services Ltd.,
Subramanian Building # 1, Club House Road,
Chennai 600 002 - India
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/
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 price of the IPO is ₹26 Per Equity Share. The minimum order quantity is 4000 Shares per application and the offer type is Fixed Price Issue.
The IPO opens on Sep 28, 2015 and closes on Oct 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 Sep 28, 2015 and closes on Oct 1, 2015.
Vaksons Automobiles IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
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.
Vaksons Automobiles IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
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