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Vishal Bearings Ltd IPO (Vishal Bearings IPO) Detail

Sep 28, 2015 - Sep 30, 2015

Incorporated in 1992, Vishal Bearings Ltd is Rajkot, Gujarat based manufacturer of bearing rollers. Company manufacture taper bearing rollers, cylindrical bearing rollers, spherical bearing rollers and supply it to reputed bearing manufacturer and OEM across India. Vishal Bearings also exports bearing rollers.

Entire process of manufacturing bearing rollers is done in-house which ensures quality product and timely delivery. Vishal Bearings is certified as ISO 9001:2008 & ISO/TS 16949:2002.

Objects of the Issue:

The Issue includes a fresh Issue of 12,96,000 Equity Shares at an Issue Price of Rs. 25 per Equity Share.

Company proposes to utilize the funds which are being raised through this Issue towards the below mentioned objects and gain benefits of listing on SME platform of BSE:

The Objects of the Issue are:

1. To Meet Working Capital Requirement;
2. To meet the Issue Expenses

Vishal Bearings IPO Details

Vishal Bearings IPO Date Sep 28, 2015 to Sep 30, 2015
Vishal Bearings IPO Face Value ₹10 per share
Vishal Bearings IPO Price ₹25 per share
Vishal Bearings IPO Lot Size 6000 Shares
Issue Size1,296,000 shares of ₹10
(aggregating up to ₹3.24 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Vishal Bearings IPO Lot Size

The Vishal Bearings IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹150,000).

Application Lots Shares Amount
Minimum 1 6000 ₹150,000
Maximum 1 6000 ₹150,000

Vishal Bearings IPO Review

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Vishal Bearings IPO Prospectus

Vishal Bearings IPO Rating

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Vishal Bearings IPO Listing Date

Listing Date Thursday, October 15, 2015
BSE Script Code 539398
NSE Symbol
Listing In MT Group of Securities
ISIN INE060T01024
IPO Price ₹25 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹25.00
₹26.00
₹26.00
₹27.30
₹27.30

Company Contact Information

Vishal Bearings Ltd
Survey No 22/1, Plot No 1,
Shapar Main Road, Shapar (Veraval),
Rajkot 360 002, Gujarat
Phone: 02827 - 252273, 252414
Email: compliance@vishalbearings.com
Website: http://www.vishalbearings.com/

Vishal Bearings IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: vishalbearings.ipo@karvy.com
Website: https://karisma.kfintech.com/

Vishal Bearings IPO Reviews / Ratings

Vishal Bearings IPO FAQs

Vishal Bearings IPO is a SME IPO of 1,296,000 equity shares of the face value of ₹10 aggregating up to ₹3.24 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000 Shares.

The IPO opens on Sep 28, 2015, and closes on Sep 30, 2015.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Vishal Bearings IPO opens on Sep 28, 2015 and closes on Sep 30, 2015.

Vishal Bearings IPO lot size is 6000 Shares and the minimum order quantity is .

You can apply in Vishal Bearings 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 Vishal Bearings IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vishal Bearings IPO allotment status.

The Vishal Bearings IPO listing date is on Thursday, October 15, 2015.
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