Fixed Price IPO | ₹27 Cr | Listed at NSE | Thu, Apr 29, 2004 - Fri, May 7, 2004
VISHAL EXPORTS OVERSEAS IPO is a fixed issue price of ₹27.00 crores. The issue is entirely an offer for sale of 0.60 crore shares of ₹27.00 crore.
VISHAL EXPORTS OVERSEAS IPO bidding started from Apr 29, 2004 and ended on May 7, 2004.
VISHAL EXPORTS OVERSEAS IPO is set final issue price at ₹45 per share.
SBI Capital Markets Ltd. is the book running lead manager and Datamatics Business Soultions Ltd. is the registrar of the issue.
Refer to for detailed Information.
IPO Open
Thu, Apr 29, 2004
IPO Close
Fri, May 7, 2004
Issue Price
₹45 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 29 Apr to 7 May, 2004 |
| Listed on | Fri, May 28, 2004 |
| Face Value | ₹5 per share |
| Issue Price | ₹45 per share |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE |
| Total Issue Size | 60,00,000 shares (agg. up to ₹27 Cr) |
| Offer for Sale | 60,00,000 shares of ₹5 (agg. up to ₹27 Cr) |
| Share Holding Pre Issue | 2,40,00,000 shares |
| Share Holding Post Issue | 2,40,00,000 shares |
| NSE Symbol | VISHALEXPO |
| ISIN | INE167C01023 |
VISHAL EXPORTS OVERSEAS IPO comprises a total issue size of 60,00,000 shares. Out of which, 30,00,000 (50.00%) allocated to NII 30,00,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| NII (HNI) Shares Offered | 30,00,000 | 50.00% |
| Retail Shares Offered | 30,00,000 | 50.00% |
| Total Shares Offered | 60,00,000 | 100.00% |
Vishal Exports Overseas is engaged in the business of textile manufacturing and exports. The company primarily deals in fabrics, garments, home textiles, and related textile products for domestic as well as international markets. It focuses on exporting textile goods to various countries and serves buyers across multiple regions.
The company’s operations generally include sourcing raw materials, processing fabrics, manufacturing finished textile products, and managing export activities. Over the years, Vishal Exports Overseas has aimed to build its presence in the textile export sector through quality products and customer-focused services.
The company operates in the highly competitive textile and apparel industry, where factors such as global demand, raw material prices, export policies, and currency fluctuations significantly impact business performance.
| Period Ended | 31 Oct 2003 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|
| Assets | 489.75 | 475.42 | 275.77 |
| Total Income | 1,172.10 | 1,433.07 | 1,143.38 |
| Profit After Tax | 20.95 | 23.59 | 21.89 |
| EBITDA | 40.08 | 50.54 | 40.23 |
| NET Worth | 147.58 | 126.64 | 107.32 |
| Reserves and Surplus | 135.71 | 114.77 | 100.30 |
| Total Borrowing | 124.84 | 128.18 | 101.97 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2003 |
|---|---|
| RoNW | 18.63% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 55.51% | 55.51% |
The Vishal Exports Overseas IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 9.42 | 60,00,000 | 5,65,21,800 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Management fees, printing and distribution expenses, legal fees, statutory advertisement expenses and listing fees payable to the stock exchange amongst others. | 1.35 |
| Total | 1.35 |
| Price Details |
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Lead Manager Reports
Vishal Exports Overseas IPO is a main-board IPO of 60,00,000 equity shares of the face value of ₹5 aggregating up to ₹27 Crores. The issue is priced at ₹45 per share. The minimum order quantity is .
The IPO opens on Thu, Apr 29, 2004, and closes on Fri, May 7, 2004.
Datamatics Business Solutions Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE.
Zerodha customers can apply online in Vishal Exports Overseas IPO using UPI as a payment gateway. Zerodha customers can apply in Vishal Exports Overseas IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vishal Exports Overseas IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vishal Exports Overseas IPO opens on Thu, Apr 29, 2004 and closes on Fri, May 7, 2004.
Vishal Exports Overseas IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Vishal Exports Overseas IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Vishal Exports Overseas IPO will be done on Monday, May 24, 2004, and the allotted shares will be credited to your demat account by . Check the Vishal Exports Overseas IPO allotment status.
The Vishal Exports Overseas IPO listing date is on .
