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| Issue Open | Apr 29, 2011 |
| Issue Close | May 3, 2011 |
| IPO Price | ₹49 |
| Face Value | ₹10 |
| IPO Size | ₹49.00 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 120 |
Thu, 07 Oct 2021 17:00:00 GMT
On the occasion of 9th Annual General Meeting for the financial year 2011–12 of the Company, I take the opportunity to welcome the members to the second AGM after IPO. The biggest challenge ...
Mon, 04 Oct 2021 17:02:00 GMT
Vaswani Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 28, 2021. Further, the company has informed the Exchange regarding ...
Thu, 07 Oct 2021 17:00:00 GMT
Vaswani Industries Ltd. was incorporated in the year 2003. Its today's share price is 13.21. Its current market capitalisation stands at Rs 39.63 Cr. In the latest quarter, company has reported ...
Fri, 05 Feb 2021 07:44:00 GMT
It may have been behind Ma's disappearance from public view for a few months and the regulator's move to halt the IPO of Ant Group ... Karishma Vaswani, tells us that Jack Ma remains the superstar ...
Wed, 13 Oct 2021 05:10:00 GMT
NRB Industrial Bearings Ltd, Sharika Enterprises Ltd, Vaswani Industries Ltd and Swelect Energy Systems Ltd are among the other gainers in the BSEs B group today, 13 October 2021. Sical Logistics ...
Thu, 23 Sep 2021 17:00:00 GMT
The first tranche of this came in July worth $2.69 Mn (INR 18.58 Cr). Emotix was founded in 2015 by Sneh Vaswani, Prashant Iyengar and Chintan Raikar, and currently has 120 employees in the US and ...
Tue, 05 Oct 2021 22:04:00 GMT
Speaking to India Today, his friend Viveck Vaswani said, “Shah Rukh is a celebrity. He and his family and his children will always be targeted by those who are apathetic towards the stardom.
Mon, 11 Oct 2021 17:00:00 GMT
The first tranche of this came in July worth INR 18.58 Cr. Miko was founded in 2015 by IIT Bombay graduates Sneh Vaswani, Prashant Iyengar and Chintan Raikar and currently has 120 employees in ...
Thu, 21 Oct 2021 09:43:00 GMT
Vivek Vaswani, Suchitra Krishnamoorthi and Roshan's former wife Sussanne Khan among others. Shah Rukh's close friend and superstar Salman Khan, who stays a few minutes away from his residence ...
Thu, 23 Sep 2021 00:46:00 GMT
The sixth edition of Lonavala International Film Festival India will launch online on September 24. It will be spread over weekends – September 24-26, October 1-3 and finally October 8-10 ...
Mon, 11 Oct 2021 01:55:00 GMT
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All derived (stocks, indexes, futures), cryptocurrencies, and ...
SEBI has issued a press release in the matter of initial public offer of Vaswani Industries Ltd. Following are the highlights of the press release:
1. Vaswani Industries Ltd shall give withdrawal option to all the investors who have been allotted shares in the non-institutional investors category and the retail individual investors category.
2. Investors who apply in the withdrawal option shall enclose a Delivery Instruction Slip.
3. In the event of refund/withdrawal on the exercise of the withdrawal option by an investor, the Company may deduct the expenses incurred in connection with its IPO.
4. Rikhav Securities Limited is prohibited to act as a syndicate member/sub-syndicate member for all forthcoming issues.
Visit www.chittorgarh.com for more detail.
SEBI has issued a press release in the matter of initial public offer of Vaswani Industries Ltd. Following are the highlights of the press release:
1. Listing of security of the company should be stopped till an investigation of the withdrawal of applications is complete.
2. Before permitting the security of the company to list, investors should be given an exit option so that the securities allotted to them in the IPO can be withdrawn; subsequently, a call on the investment in the company can be taken by the investors post listing of the same.
3. A detailed investigation will start in this matter which will complete in 30 days (by 25th June 2011).
4. The bankers will place the amount in the public issue account in an interest earning account.
Vaswani lPO listing will be delay due to complaints from investors. SEBI started their investigation after receives complaints from investors alleging that large number of high net worth investors (HNI) and retail investors had either withdrawn their application or their cheque got cancelled after subscribing heavily during the book building process.
As per SEBI Notice:
Post the closure of the issue, SEBI had received complaints from investors regarding irregularities in the subscriptions in the said issue. Based on the data received from the exchanges/registrars regarding the subscriptions/withdrawals and preliminary inquiries into the matter, SEBI has advised the stock exchanges to withhold the listing of securities until further instructions. Inquiries in the matter are in progress. Based on the findings, appropriate action would be taken.
Vaswani IPO allotment status is now available online.
Vaswani IPO IPO was open on Apr 29, 2011 and closed on May 03, 2011. IPO was oversubscribed by 4.16 times (6.83 times in retail) on closing day.
Vaswani Industries Ltd IPO finally subscribed 4.16 times on its closing day. Vaswani Industries IPO was open on Apr 29, 2011 and closed today on May 03, 2011 for subscription. Vaswani Industries has received bids for 4,16,22,720 shares as against issue size of 1,00,00,000 shares.
Subscription Detail
Qualified Institutional Buyers (QIBs): 0.16 Times
Non Institutional Investors: 11.29 Times
Retail Individual Investors (RIIs): 6.82 Times
Total: 4.16 Times
Vaswani Industries Ltd IPO subscribed 1.26 times on its day 2. Vaswani Industries IPO was open on Apr 29, 2011 and will close tomorrow on May 03, 2011 for subscription. Vaswani Industries has received bids for 1,26,18,840 shares as against issue size of 1,00,00,000 shares.
Subscription Detail for Day 2
Qualified Institutional Buyers (QIBs): 0.00 Times
Non Institutional Investors: 7.41 Times
Retail Individual Investors (RIIs): 0.43 Times
Total: 1.26 Times
Vaswani Industries Ltd IPO subscribed 0.95 times on its day 1. Vaswani Industries IPO opens today on Apr 29, 2011 and will close on May 03, 2011 for subscription. Vaswani Industries has received bids for 94,58,760 shares as against issue size of 1,00,00,000 shares. Issue received excellent response from Non Institutional Investors
Subscription Detail for Day 1
Qualified Institutional Buyers (QIBs): 0.00 Times
Non Institutional Investors: 6.08 Times
Retail Individual Investors (RIIs): 0.10 Times
Total: 0.95 Times
Vaswani Industries Ltd (VIL) is entering in the capital markets with an initial public offering, IPO of 10,000,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 45/- at lower level and Rs 49/- at upper level.
Vaswani Industries Ltd (VIL) is part of Vaswani Group of Industries. VIL is engaged in integrated business of manufacturing Sponge Iron, Steel Billets & Ingots and power generation.
The issue opens on Apr 29, 2011 and closes for subscription on May 03, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Vaswani IPO is proposed to open on Apr 29, 2011. The IPO application ends on May 3, 2011.
Retail investors can apply in the retail or non-institutional investor category from Apr 29, 2011 to May 3, 2011. The Vaswani IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Vaswani IPO will open for subscription on Apr 29, 2011. The public issue will close on May 3, 2011.
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