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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

IPO DateSep 28, 2015 - Sep 30, 2015
Issue TypeFixed Price Issue IPO
Issue Size1,296,000 Eq Shares of ₹10
(aggregating up to ₹3.24 Cr)
Face Value₹10 Per Equity Share
IPO Price₹25 Per Equity Share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME

Vishal Bearings IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹150,000
Maximum16000₹150,000

Vishal Bearings IPO Prospectus

Vishal Bearings IPO Rating

7
3.3
Rating:Rated 3.3 stars

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Vishal Bearings IPO Listing Date

Listing DateThursday, October 15, 2015
BSE Script Code539398
NSE Symbol
Listing InMT
ISININE060T01024
IPO Price₹25 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹25.00
₹26.00
₹26.00
₹27.30
₹27.30
348,000

Vishal Bearings IPO Reviews / Ratings

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

Karvy Computershare Private Limited
   Karvy Registry House, 8-2-596, St. No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Email: vishalbearings.ipo@karvy.com
Website: https://karisma.karvy.com/

Vishal Bearings IPO FAQs

  1. 1. What is Vishal Bearings IPO?

    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 price of the IPO is ₹25 Per Equity Share. The minimum order quantity is 6000 Shares per application and the offer type is Fixed Price Issue.

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

    Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When Vishal Bearings IPO will open?

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

  3. 3. How to apply for Vishal Bearings IPO?

    Vishal Bearings 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.

  4. 4. When Vishal Bearings IPO allotment?

    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.

  5. 5. When is Vishal Bearings IPO listing date?

    The Vishal Bearings IPO listing date is on Thursday, October 15, 2015, at BSE SME.
  6. 6. What is the lot size of Vishal Bearings IPO?

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

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