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Vishal Fabrics Ltd IPO (Vishal Fabrics IPO) Detail

Jul 31, 2014 - Aug 5, 2014

Incorporated in 2014, Vishal Fabrics Limited (VFL) is a flagship Company of Chiripal Group, Ahmedabad and is recognized as a leading process house with a capacity to produce 100 million meter processed fabric per annum. VFL is engaged in the business of dyeing, printing and processing of fabrics of its own and also on job work basis.

Company procures mainly Grey Fabric and dyes, prints and finishes the same as per the clientís requirements. The processing unit of the Company is based in Narol, Ahmedabad, Gujarat. The plant has the capacity to print, dye and process wide range of fabrics i.e. cotton, polyester, viscose and man-made & blended fabrics suitable for menís wear, womenís wear, home furnishing and many other applications.

Objects of the Issue

The Objects of the Issue is to raise funds for:

1. Funding Long Term Working Capital Requirements; and
2. Funding expenditure for General Corporate Purpose.

Vishal Fabrics IPO Details

Vishal Fabrics IPO Date Jul 31, 2014 to Aug 5, 2014
Vishal Fabrics IPO Face Value ₹10 per share
Vishal Fabrics IPO Price ₹45 per share
Vishal Fabrics IPO Lot Size 3000 Shares
Issue Size3,474,000 shares of ₹10
(aggregating up to ₹15.63 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

Chiripal Industries Limited is the Promoter of the Company and it holds 65.63% of the pre-issue paid - up Equity Share Capital of the Company.

Vishal Fabrics IPO Lot Size

The Vishal Fabrics IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹135,000).

Application Lots Shares Amount
Retail (Min) 1 3000 ₹135,000
Retail (Max) 1 3000 ₹135,000

Vishal Fabrics IPO Review

 

Remark: Avoid this pricy issue that also has entry barriers.  

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Vishal Fabrics IPO Prospectus

Vishal Fabrics IPO Rating

15
2.9
Rating:Rated 2.9 stars
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Vishal Fabrics IPO Listing Date

Listing Date Wednesday, August 20, 2014
BSE Script Code 538598
NSE Symbol
Listing In MT Group of Securities
ISIN INE755Q01017
IPO Price ₹45 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹45.00
₹45.20
₹44.05
₹46.90
₹46.90

Company Contact Information

Vishal Fabrics Ltd
Vishal Fabrics Ltd,
Ranipur, Narol Road,
Ahmedabad, 382405 Gujarat
Phone: +91-79-25353977 /78
Email: cs.vfl@chiripalgroup.com
Website: http://www.vishalfabricsltd.com

Vishal Fabrics IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: vfl.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Vishal Fabrics IPO Review

Vishal Fabrics IPO Recommendation Summary

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Vishal Fabrics IPO FAQs

Vishal Fabrics IPO is a SME IPO of 3,474,000 equity shares of the face value of ₹10 aggregating up to ₹15.63 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000 Shares.

The IPO opens on Jul 31, 2014, and closes on Aug 5, 2014.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Vishal Fabrics IPO opens on Jul 31, 2014 and closes on Aug 5, 2014.

Vishal Fabrics IPO lot size is 3000 Shares and the minimum order quantity is .

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

The Vishal Fabrics IPO listing date is on Wednesday, August 20, 2014.
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Vishal Fabrics IPO Message Board

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6 Comments

6. jigaReligare |   Link |Aug 20, 2014 2:50:42 PM
SNOWMAN LOGISTIC KA ISTIME CHITTORGARH PE UPDATE NAHI HAI
5. ARUNGARG |   Link |Aug 20, 2014 1:23:36 PM
snowman logistic min app kostak 550/-
4. Samir Gohel |   Link |Aug 18, 2014 2:59:00 PM
snowman logistics''s premium ?
3. ARUNGARG |   Link |Aug 14, 2014 2:00:42 PM
new ipo snowman logistic
price 44-47.open 26 aug. close 28 aug
2. Dilip Davda |   Link |Aug 9, 2014 6:57:41 PM
IN THE LAST WEEK OF AUGUST 2014, WE HAVE MAIN LINE IPO FROM SNOWMAN LOGISTICS WHICH IS PLANNING TO RAISE AROUND RS. 195 CRORE. MORE DETAILS ASAP

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

1. DURAISWAMY |   Link |Jul 31, 2014 6:01:19 PM
MY MONEY IS LOCKED WITH DHANUKKA COMMERCIAL IPO. IT IS TRADING BELOW ISSUE PRICE FROM THE DATE OF LISTING SEEMS TO BE WORST IPO I APPLIED. SO I AM SORRY TO THIS IPO.