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Vishal Information Technologies Ltd IPO (Vishal Information IPO) Detail

Jul 21, 2008 - Jul 24, 2008

Incorporated in 1994, Vishal Information Technologies Limited is one among the first few companies to venture in the field of ITES/BPO services. VITL is in the areas of data digitization, E-publishing and digital library. VITL is a subsidiary of Tutis Technologies who are into Biometric Products, Software Development and consulting. VITL has its branches in Mumbai and Chennai with a representative office in UK and UAE.

VITL is one of the pioneers in the concept called “Digital Library for Visually Impaired and Blind” in respect of Classic series. This concept was presented to an UK based institution who promotes the causes and challenges of visually impaired and blind. This concept on e-publishing for visually impaired involves conversion of small print books to large print books and make available as ready to print PDF both in digital, talking book and print format.

Presently VITL focuses on the following business verticals:

1. Data digitization
2. E-Publishing
3. Digital Library
4. Print on Demand (POD)

Company Financials:

ParticularsFor the year/period ended (Rs. in lacs)
  30-Sep-0731-Mar-0731-Mar-0631-Mar-0531-Mar-04
  Total Income1965.773060.102564.282082.331389.28
  Profit After Tax (PAT)594.641120.20913.63732.65523.84

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
1. To finance the cost of expansion of the facilities in Chennai;
2. To finance the cost of setting up of Quality Assurance Center and Marketing office in Mumbai;
3. To set up a subsidiary in the United Kingdom and United States of America;
4. General Corporate Purposes;
5. Meeting the Public Issue Expenses.

Vishal Information IPO Details

IPO Opening Date Jul 21, 2008
IPO Closing Date Jul 24, 2008
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹140 to ₹150 per equity share
Market Lot 40 Shares
Min Order Quantity 40 Shares
Listing At BSE, NSE
Issue Size2,790,000 Eq Shares of ₹10
(aggregating up to ₹41.85 Cr)

Vishal Information IPO Lot Size

The Vishal Information IPO market lot size is 40 shares. A retail-individual investor can apply for up to 33 lots (1320 shares or ₹198,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 40 ₹6,000
Maximum 33 1320 ₹198,000

Vishal Information IPO Subscription Status (Bidding Detail)

The Vishal Information IPO is subscribed 1.19 times on Jul 24, 2008 17:00. The public issue subscribed 2.19 in the retail category, 0.45 in the QIB category, and 1.36 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Vishal Information IPO Prospectus

Vishal Information IPO Rating

98
2.8
Rating:Rated 2.8 stars
Vote Here ...

Vishal Information IPO Listing Date

Listing Date Monday, August 11, 2008
BSE Script Code 533011
NSE Symbol VITLINFO
Listing In B Group of Securities
ISIN INE108J01014
IPO Price ₹150 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹150.00
₹150.00
₹145.00
₹197.20
₹194.15
NSE
₹150.00
₹130.00
₹125.60
₹198.35
₹194.60

Company Contact Information

Vishal Information Technologies Ltd
Kingsley Chambers, Block No.26,
Ramasamy Street, T Nagar, Mambalam,
Guindy Taluk, Chennai – 600017.
Phone: + 91-44-24362751
Email: investors@vishalinfotech.com
Website: http://www.vishalinfotech.com

Vishal Information IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: vitl.ipo@intimespectrum.com
Website: http://www.linkintime.co.in

Vishal Information IPO Reviews / Ratings

  • Business Line - Avoid
  • Capital Market - Avoid
  • Hem Securities - Avoid

Vishal Information IPO FAQs

Vishal Information IPO is a main-board IPO of 2,790,000 equity shares of the face value of ₹10 aggregating up to ₹41.85 Crores. The issue is priced at ₹140 to ₹150 per equity share. The minimum order quantity is 40 Shares.

The IPO opens on Jul 21, 2008, and closes on Jul 24, 2008.

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

The Vishal Information IPO opens on Jul 21, 2008 and closes on Jul 24, 2008.

Vishal Information IPO lot size is 40 Shares and the minimum order quantity is 40 Shares.

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

The Vishal Information IPO listing date is on Monday, August 11, 2008.

Vishal Information IPO Message Board

Ranked Members  Ranked Members

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51. Deepak Nigam |Aug 19, 2009 14:15
Dear Sir I have purachse 24 shares of Vishal Information Technologies Ltd. Company declaired to Bonus share 3:2 but I am geting only 12 shares bonus this is scheme 2:1 Why?????
Please do the needfull.
50. doss |Aug 20, 2008 17:43
how it is working?
49. KPN |Aug 13, 2008 23:46
2morrow, it will go upto 274 afterwards come down and close at 214
48. stock |Aug 13, 2008 17:10
what is the status know it is at 244, tomorrow will it go up or down any one who is the best player can answer me
47. Ipo Analysis |Aug 11, 2008 12:08
BUY Varun industries it is in process to bag 250 crore order from ongc and ril.
46. TR |Aug 11, 2008 00:01
VISHAL TO LIST AT 132 RS.WILL GO DOWN TO 90 RS IN FEW WEEKS.SELL IT ON LISTING IF YOU GET CHANCE EVEN IF ITS GOES 10-20% AS IT WILL GO DOWN 50% AFTER SOME TIME.
Sell it buy good old stocks which have used money and are reliable names whcih will enhance investor value.
Best picks Gujarat nre coke,reliance power,rural electrification, mundraport,powergrid,Dlf,
45. prakashipo |Aug 6, 2008 16:39
no full allotment only given 480 out of 600 shares premium is 5-6 every allottee will get reasonable profit
44. vipul |Aug 6, 2008 12:02
Bye

Bafna
Avon
NMDC
R com

They will rock the market at higer index.
43. yunus |Aug 5, 2008 18:50
vishal ki vot lag jayagi
42. kedi |Aug 5, 2008 15:00
Allotment is out
http://www.intimespectrum.com/site/display_application.asp
41. Tango Trader |Jul 31, 2008 22:47
koi to battao , upper jaiga ya niche...
40. prakashipo |Jul 31, 2008 15:55
at last this issue will give good return share have been fixed at upper band.those co with share fixed at upper band never give negative return on at least listing .the share seems to be commanding premium of 5 although trade is not going on. morever co is zero debt co no effect of recent intrest rate hike . co growing impressively
39. chimtan |Jul 30, 2008 11:24
visal ka kya hoga
38. Rajasthan Royals |Jul 24, 2008 18:26
From tommorow on words no Grey Market Premium... Dekh lena agar i am lying.............
37. Rajasthan Royals |Jul 24, 2008 18:25
Plz save all the mad, silly investors who applied for Vishal..

Tell to bounce there cheques.....
36. Rajasthan Royals |Jul 24, 2008 18:23
Mast Maza Aaya ....

Yeh tho hona hi tha........

Band bhajiiiiiiii Vishal babu ki......

Bas i want ki is ki listing less then Rs 50/- per ho....

Aabhi bhi time hai just get bounce your cheques plzzzzzz....

Request u Plz.... Investors ko loot raha haii.... Plzzz....
35. kedi |Jul 24, 2008 18:11
at 5:30 PM ovarall 1.19 times and in retail at cut-off 2.13 Times
34. AKA |Jul 24, 2008 16:01
WHO THE HELL RETAIL INVESTORS HAVE APPLIED IN THIS ISSUE. AT CUT OFF IT IS APPROX 1.5 TIME.

SEE THE PERFORMANCE OF RECEMT IPO'S AND I ADVISE ALL THE RETAIL INVESTORS TO STOP DAY DREAMING AND SEE THE REALITY.
33. ShareLive |Jul 24, 2008 15:37
Why Dont peoples understand after series Flops of recent IPOs
This IPO is snot even worth for Rs 50...
32. prakashipo |Jul 24, 2008 15:13
at least this issue will not be extended or the prize band will be reduced. overall at close should be 2to 2.5 times