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VMS Industries Ltd IPO (VMS Industries IPO) Detail

May 30, 2011 - June 2, 2011

VMS Industries IPO is a book built issue of Rs 25.75 crores.

VMS Industries IPO bidding started from May 30, 2011 and ended on June 2, 2011. The shares got listed on BSE on June 14, 2011.

VMS Industries IPO price band is set at ₹36 to ₹40 per share. The minimum lot size for an application is 160 Shares. The minimum amount of investment required by retail investors is ₹6,400.

Ashika Capital Ltd is the book running lead manager of the VMS Industries IPO, while Cameo Corporate Services Limited is the registrar for the issue.

Refer to VMS Industries IPO RHP for detailed information.

VMS Industries IPO Details

IPO Date May 30, 2011 to June 2, 2011
Listing Date June 14, 2011
Face Value ₹10 per share
Price Band ₹36 to ₹40 per share
Lot Size 160 Shares
Total Issue Size6,437,500 shares
(aggregating up to ₹25.75 Cr)
Issue Type Book Built Issue IPO
Listing At BSE
Share holding pre issue10,035,164
Share holding post issue16,472,664

VMS Industries IPO Reservation

VMS Industries IPO offers 7,152,778 shares. 3,576,389 (50.00%) to QIB, 1,072,917 (15.00%) to NII, 2,503,472 (35.00%) to RII. 15,646 RIIs will receive minimum 160 shares and (sNII) and (bNII) will receive minimum 5,120 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered3,576,389 (50.00%)NA
NII (HNI) Shares Offered1,072,917 (15.00%)
Retail Shares Offered2,503,472 (35.00%)15,646
Total Shares Offered7,152,778 (100%)

VMS Industries IPO Lot Size

Investors can bid for a minimum of 160 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 160 ₹6,400
Retail (Max) 31 4960 ₹198,400
Lot Size Calculator

VMS Industries IPO Promoter Holding

The promoters of the company are:

1. Mr. Ajit Kumar Jain, aged 76 years, is the Managing Director of the Company.
2. Mr. Manoj Kumar Jain, aged 48 years, is the Director of the Company.
3. Mrs. Sangeeta Jain, aged 42 years, is the Whole Time Director of the Company.

Share Holding Pre Issue 92.93%
Share Holding Post Issue 56.61%

About VMS Industries Ltd

Incorporated in 1991, VMS Industries Ltd on its incorporation started the business activity in the nature of providing different kinds of financial and consulting services and later on diversified into the ship recycling and off-shore activities.

VMS Industries has an integrated yard for ship recycling of ships and offshore business support activities, catering to customers in India and overseas. Currently the company mainly consists of two business segments:

1. Ship Recycling Activities;
2. Offshore Support Business Activities.

Company Financials

ParticularsFor the year/period ended (in Rs. Lacs)
Total Income3609.14146.1913.796.602.85
Profit After Tax (PAT)260.7272.443.441.58(0.25)

Key Performance Indicator

Objects of the Issue (VMS Industries IPO Objectives)

The object of the issue are to:

1. Purchase of Machineries to be installed at existing Ship Recycling Plot;
2. Setting up of Corporate Office at Ahmedabad;
3. Meeting Long-term Working Capital Requirement;
4. Meeting the Issue Expenses.

VMS Industries IPO Subscription Status (Bidding Detail)

The VMS Industries IPO is subscribed 1.36 times on June 2, 2011 5:30:00 PM. The public issue subscribed 3.41 times in the retail category, 0.00 times in the QIB category, and 1.11 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

VMS Industries Ltd IPO Grading

ICRA has assigned an IPO Grade 1 to VMS Industries IPO. This means as per ICRA, company has 'Poor Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read VMS Industries IPO Grading Report

VMS Industries IPO Prospectus

VMS Industries IPO Rating

Rating:Rated 2.8 stars
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VMS Industries IPO Listing Details

Listing Date June 14, 2011
BSE Script Code 533427
NSE Symbol
ISIN INE932K01015
Final Issue Price ₹40 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

VMS Industries Ltd Contact Details

VMS Industries Ltd
2nd Floor Jain House,
Opp. Vitthalwadi,
Bhavnagar - 364003, Gujarat, India
Phone: 91-278-2432371

VMS Industries IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

VMS Industries IPO - Buy or Not

VMS Industries IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 2
Members 0 0 0

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VMS Industries IPO FAQs

VMS Industries IPO is a main-board IPO of 6,437,500 equity shares of the face value of ₹10 aggregating up to ₹25.75 Crores. The issue is priced at ₹36 to ₹40 per share. The minimum order quantity is 160 Shares.

The IPO opens on May 30, 2011, and closes on June 2, 2011.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE.

The VMS Industries IPO opens on May 30, 2011 and closes on June 2, 2011.

VMS Industries IPO lot size is 160 Shares, and the minimum amount required is ₹6,400.

You can apply in VMS Industries 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for VMS Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the VMS Industries IPO allotment status.

The VMS Industries IPO listing date is on June 14, 2011.
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VMS Industries IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



88. gundu anna |   Link |  Bookmark |June 18, 2011 12:02:26 PM (500+ Posts, 100+ Likes)
Exit completely from VMS, for whatever price...
87. bhupinder banga |   Link |  Bookmark |June 15, 2011 11:01:58 AM
sreedhar,can we buy this at 24-25 range advise
86. pure satta |   Link |  Bookmark |June 15, 2011 9:22:17 AM
dear sreedhar sir,

i exited at 46.20 for all 1631 shares, thanks a lot for your sharp prediction. and i supposed to get 150 shares of TIMBOR wht could be the strategy?

85. SkDash |   Link |  Bookmark |June 14, 2011 2:46:09 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
VMS-gud movement both side. Got something for shopping.
84. gundu anna |   Link |  Bookmark |June 14, 2011 12:44:16 PM (500+ Posts, 100+ Likes)
Now VMS @ 32, buy as much as u want!!!!!!!!!!

I suggested not to take risk. If u have miised an opportunity, it is fine, but u should not loose money...
83. seenuipo |   Link |  Bookmark |June 14, 2011 10:49:56 AM (200+ Posts)
Thank you members,
I got 612 shares and sold at Rs 47/- making around Rs 4000/- profit.
I observed that whenever very less talk on this sight about the issue it is giving good results for investors.
It is proved in
1) Aanjaneya
2) Sanghvi.
3)Now this VMS.

In the past,
like RKDL
and so on.
So friends keep on observing.
What will happens in Vaswani. and Timber

82. SkDash |   Link |  Bookmark |June 14, 2011 10:20:42 AM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
80-Sreedhar-Thanks-I am in with same SL
81. Sreedhar |   Link |  Bookmark |June 14, 2011 9:37:07 AM (900+ Posts)
Got out at 47.Going outside.Cannot follow it from der.
80. Sreedhar |   Link |  Bookmark |June 14, 2011 9:31:31 AM (900+ Posts)
Looks good .Bought at 45 with stoploss of 42
79. pure satta |   Link |  Bookmark |June 14, 2011 9:03:49 AM
sreedhar sir and all,

thanks for your valuable timely updates.

sreedhar sir,

can we wait for more is it sustain at above 46rs? please update.
78. Sreedhar |   Link |  Bookmark |June 13, 2011 11:58:25 PM (900+ Posts)
Look for 7-8 rs gain which you have a good chance.Rest can tell only after how it behaves after listing.
77. gundu anna |   Link |  Bookmark |June 13, 2011 10:22:48 PM (500+ Posts, 100+ Likes)
VMS is a speculative stock. if u want to ride, then in both the directions
76. ipo rajaa |   Link |  Bookmark |June 13, 2011 7:27:18 PM






B E - R E A D D Y
75. pure satta |   Link |  Bookmark |June 13, 2011 6:14:43 PM
sreedhar sir,

i got 1631 shares of VMS, how to exit on listing? what could be your strategy on listing? please advise.thanks
74. Sreedhar |   Link |  Bookmark |June 13, 2011 5:56:46 PM (900+ Posts)
VMS looks like a dark horse.Get ready to play the game.
73. GENIUS |   Link |  Bookmark |June 13, 2011 4:56:12 PM
Refund credited in HDFC
72. Smcglobal |   Link |  Bookmark |June 13, 2011 4:12:52 PM
71. seenuipo |   Link |  Bookmark |June 11, 2011 5:24:08 PM (200+ Posts)
This may list at hefty premium due to undertone power suppied by Ashika capital to prove themselves clean in the case of Vaswani.
70. Apex |   Link |  Bookmark |June 10, 2011 9:10:41 PM
3160 shares credit for full application in demat account
69. rajiv jain |   Link |  Bookmark |June 7, 2011 1:59:18 PM
DO NOT BUy or hold any stocks because mkt in this month will go down to as low as 16000 sensex