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VMS Industries Ltd IPO (VMS Industries IPO) Detail

May 30, 2011 - Jun 2, 2011

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)
31-Mar-1031-Mar-0931-Mar-0831-Mar-0731-Mar-06
Total Income3609.14146.1913.796.602.85
Profit After Tax (PAT)260.7272.443.441.58(0.25)

Objects of the Issue

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 Details

VMS Industries IPO Date May 30, 2011 to Jun 2, 2011
VMS Industries IPO Face Value ₹10 per share
VMS Industries IPO Price ₹36 to ₹40 per share
VMS Industries IPO Lot Size 160 Shares
Issue Size6,437,500 shares of ₹10
(aggregating up to ₹25.75 Cr)
Issue Type Book Built Issue IPO
Listing At BSE
Company Promoters

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.

VMS Industries IPO Lot Size

The VMS Industries IPO lot size is 160 shares. A retail-individual investor can apply for up to 31 lots (4960 shares or ₹198,400).

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

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 Subscription Status (Bidding Detail)

The VMS Industries IPO is subscribed 1.36 times on Jun 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)
QIB0.00
NII1.11
Retail3.41
Total1.36

VMS Industries IPO Prospectus

VMS Industries IPO Rating

125
2.8
Rating:Rated 2.8 stars
Vote Here ...

VMS Industries IPO Listing Date

Listing Date Tuesday, June 14, 2011
BSE Script Code 533427
NSE Symbol
Listing In B Group of Securities
ISIN INE932K01015
IPO Price ₹40 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹40.00
₹43.95
₹24.00
₹49.25
₹28.50

Company Contact Information

VMS Industries Ltd
2nd Floor Jain House,
Opp. Vitthalwadi,
Bhavnagar - 364003, Gujarat, India
Phone: 91-278-2432371
Email: info@vmsil.com
Website: http://www.vmsil.com

VMS Industries IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: vmsipo@cameoindia.com
Website: https://ipo.cameoindia.com/

VMS Industries IPO Review

VMS Industries IPO Recommendation Summary

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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 Jun 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 Jun 2, 2011.

VMS Industries IPO lot size is 160 Shares and the minimum order quantity is .

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, Edelweiss, 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 Tuesday, June 14, 2011.
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VMS Industries IPO Message Board

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88 Comments

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

PLS REPLY.
85. SkDash |   Link |Jun 14, 2011 2:46:09 PM
IPO Mentor IPO Mentor (800+ Posts, 100+ Likes)
VMS-gud movement both side. Got something for shopping.
84. gundu anna |   Link |Jun 14, 2011 12:44:16 PM
IPO Mentor IPO Mentor (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 |Jun 14, 2011 10:49:56 AM
Top Contributor Top Contributor (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
sudhar
FCL
and so on.
So friends keep on observing.
What will happens in Vaswani. and Timber



82. SkDash |   Link |Jun 14, 2011 10:20:42 AM
IPO Mentor IPO Mentor (800+ Posts, 100+ Likes)
80-Sreedhar-Thanks-I am in with same SL
81. Sreedhar |   Link |Jun 14, 2011 9:37:07 AM
IPO Mentor IPO Mentor (900+ Posts)
Got out at 47.Going outside.Cannot follow it from der.
80. Sreedhar |   Link |Jun 14, 2011 9:31:31 AM
IPO Mentor IPO Mentor (900+ Posts)
Looks good .Bought at 45 with stoploss of 42
79. pure satta |   Link |Jun 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 |Jun 13, 2011 11:58:25 PM
IPO Mentor IPO Mentor (900+ Posts)
Puresatta,
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 |Jun 13, 2011 10:22:48 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
VMS is a speculative stock. if u want to ride, then in both the directions
76. ipo rajaa |   Link |Jun 13, 2011 7:27:18 PM

V M S

WILL

BE

BLOCK-BUSTER

LISTING.

B E - R E A D D Y
75. pure satta |   Link |Jun 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 |Jun 13, 2011 5:56:46 PM
IPO Mentor IPO Mentor (900+ Posts)
VMS looks like a dark horse.Get ready to play the game.
73. GENIUS |   Link |Jun 13, 2011 4:56:12 PM
Refund credited in HDFC
72. Smcglobal |   Link |Jun 13, 2011 4:12:52 PM
VMS IND IPO LISTING DATE IS - 14/06/2011- TUESDAY
71. seenuipo |   Link |Jun 11, 2011 5:24:08 PM
Top Contributor Top Contributor (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 |Jun 10, 2011 9:10:41 PM
3160 shares credit for full application in demat account
69. rajiv jain |   Link |Jun 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