V-Guard Industries Limited IPO (V-Guard IPO) Detail

February 18, 2008 - February 21, 2008

V-Guard IPO is a book built issue of Rs 65.60 crores.

V-Guard IPO bidding started from February 18, 2008 and ended on February 21, 2008. The shares got listed on BSE, NSE on March 13, 2008.

V-Guard IPO price band is set at ₹80 to ₹85 per share. The minimum lot size for an application is 80 Shares. The minimum amount of investment required by retail investors is ₹6,800.

Anand Rathi Securities Limited is the book running lead manager of the V-Guard IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to V-Guard IPO RHP for detailed information.

V-Guard IPO Details

IPO Date	February 18, 2008 to February 21, 2008
Listing Date	March 13, 2008
Face Value	₹10 per share
Price Band	₹80 to ₹85 per share
Lot Size	80 Shares
Total Issue Size	8,000,000 shares (aggregating up to ₹65.60 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE
Share holding pre issue	21,847,520
Share holding post issue	29,847,520

V-Guard IPO Lot Size

Investors can bid for a minimum of 80 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	80	₹6,800
Retail (Max)	29	2320	₹197,200
Lot Size Calculator

V-Guard IPO Promoter Holding

Share Holding Pre Issue	90.85%
Share Holding Post Issue	66.51%

About V-Guard Industries Limited

Incorporated in 1996, V-Guard Industries Limited is in the manufacturing and marketing of various electrical and electronic products.

V-Guard presently have sixteen branches including head office located in Cochin, spread across 12 states and the Union Territory of Delhi. They have recently ventured into states of Maharashtra, Haryana, Madhya Pradesh, Orissa, Himachal Pradesh, Chattisgarh, Uttar Pradesh and Gujarat.

Products marketed under the brand name �V-GUARD� are:

1. Electronic Voltage Stabilizers
2. Monobloc, Jet, Submersible pumps and Electric Motors
3. Insulated Electrical Cables (House Wiring & Industrial)
4. Electric Storage & Instant Water Heaters
5. Solar Water Heaters
6. UPS
7. Electric Fans
8. Generation of power through wind mills.

Key Performance Indicator

KPI	Values
RoNW	48.23%

Check V-Guard IPO Peer Comparison here.

Objects of the Issue (V-Guard IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Setup Cable manufacturing facilities;
2. Enameling Plant;
3. Plants and Service & Distribution centre at strategic locations throughout the country;
4. Meet general corporate purposes;
5. Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.

V-Guard IPO Subscription Status (Bidding Detail)

The V-Guard IPO is subscribed 2.70 times on February 21, 2008 5:00:00 PM. The public issue subscribed 4.24 times in the retail category, 1.74 times in the QIB category, and 2.92 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category	Subscription (times)

V-Guard IPO Prospectus

V-Guard IPO Rating

230

3.6

Rating:

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V-Guard IPO Listing Details

Listing Date	March 13, 2008
BSE Script Code	532953
NSE Symbol	VGUARD
ISIN	INE951I01019
Final Issue Price	₹82 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade

BSE
₹82.00
₹82.15
₹70.70
₹98.90
₹73.45

NSE
₹82.00
₹90.00
₹72.60
₹98.95
₹75.95

Check IPO Performance…

V-Guard Industries Limited Contact Details

V-Guard Industries Limited
44/1037, Little Flower Church Road,
Kaloor,
Cochin- 682017, Kerala, India
Phone: +91-0484-2539911
Email: ipo@vguard.in
Website: http://www.vguard.in

V-Guard IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: vil.ipo@intimespectrum.com
Website: https://linkintime.co.in/initial_offer/public-issues.html

V-Guard IPO - Buy or Not

V-Guard IPO Recommendation Summary

Review By	Subscribe	Neutral	Avoid
Brokers	1	1	1
Members	0	0	0

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V-Guard IPO Lead Manager(s)

Anand Rathi Securities Limited (Past IPO Performance)

Lead Manager Reports

V-Guard IPO FAQs

V-Guard IPO is a main-board IPO of 8,000,000 equity shares of the face value of ₹10 aggregating up to ₹65.60 Crores. The issue is priced at ₹80 to ₹85 per share. The minimum order quantity is 80 Shares.

The IPO opens on February 18, 2008, and closes on February 21, 2008.

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

The V-Guard IPO opens on February 18, 2008 and closes on February 21, 2008.

V-Guard IPO lot size is 80 Shares, and the minimum amount required is ₹6,800.

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

The V-Guard IPO listing date is on March 13, 2008.

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V-Guard IPO Message Board

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122 Comments

Stock Discussion

122. uttam jindal | Link | Bookmark |May 17, 2008 1:01:20 AM

this script currently traded on only 3.5 PE...this is avery gud script.buy it bcz in this sector all scripts are traded over 10 PE

121. Manjeet | Link | Bookmark |March 14, 2008 9:00:33 AM

ipo mat lagao

120. S. MALANI | Link | Bookmark |March 13, 2008 11:30:12 PM

REf. 116 This stock was not manipulated. Hence went below issue price. It was worth selling at Rs. 85. I advise all types of investors to stop applying for IPOs for about 6 months. Trade in secondary market only both long and short as per situation. To save the secondary market we need to stop supply of new equity in the market through all routes.

119. LEO AMBOOKEN | Link | Bookmark |March 13, 2008 12:27:25 AM

Rs 20-30

118. Kamal bhatia | Link | Bookmark |March 12, 2008 11:39:21 PM

what is expected premium of VGUARD.

117. naresh Chellani | Link | Bookmark |March 12, 2008 6:37:48 PM

TR S.No. 115 is going to go short and trying to create panic in retail investors. The retail investors have only 27 Lacs share. HNI interest is very high. So the question of listing on discount does not arise. No promoter ever sells there share on listing day as they want to discover value for their stock. It will list with premium of atleast Rs. 20/-. So dont sell in panic

116. S. MALANI | Link | Bookmark |March 12, 2008 5:55:49 PM

V-Guard got maximum oversubscription from retail category. Not a good sign. QIB interest was very low. Its price can go to high premium only if manupulated by HNI category like they did for Tulsi Extrusion issue. Else it will trade at a discount.

115. TR | Link | Bookmark |March 12, 2008 5:24:17 PM

VGUARD PROMOTERS TO DO HEAVY SELLING TOMM.
GO SHORT IN THIS STOCK.WILL OPEN AT 75 AND WILL CLOSE THE DAY AT 50 RS.
THEIR VOLTAGE STABILISER HAVE NO BUYERS I HAVE INVESTIGATED ABT THIS COMPANY ITS TOTAL CHEATERS SELL THIS SCRIP IF U R LUCKY TO EXIT AT UR COST PRICE AND MOVE TO POWERGRID,REC OR NTPC

114. Iqbal Singh | Link | Bookmark |March 12, 2008 5:16:05 PM

Hey What happended to REC today, very silence, I think tomorrow will be movement.

113. Prasad | Link | Bookmark |March 12, 2008 3:09:25 PM

V- Guard
Hope to give a good returns.
We - Guard

112. Sambhu | Link | Bookmark |March 12, 2008 1:53:14 PM

vguard will list decently with 50 % premium of 130 and will
move to 140-145 levels with the immense support from Banks & Mutual Funds and will close at 125 levels.

111. kk | Link | Bookmark |March 11, 2008 2:57:13 PM

I HAVE APPLIED THROUGH ICICI BANK
SHOULD I GET MY REFUND THROUGH
POST OR ECS
PLS REPLY IT

110. Naresh Chellani | Link | Bookmark |March 11, 2008 1:23:46 PM

From the basis of allotment you can see the share distribution as under:
Employees: 356000
Retail: 2704038
HNI: 1139962
QIB: 3800000
The QIB break up is :
FI's /Banks Mutual Fund FIT's
2088543 1083955 627502

Moral of the story for Retail is don't sell in panic. It will have good listing because of Mutual Fund Interest and Banks coming in. It will give good return on holding like On Mobile

109. Naresh Chellani | Link | Bookmark |March 11, 2008 1:16:04 PM

In a recent all India Survey conducted by IMRB International (Indian Market Research Bureau) on the Voltage Stabiliser Industry in August 2007, it was revealed that "V-GUARD" is the India's Largest selling Voltage Stabilizer brand.
V-GUARD stabilizers crossed one million number sales in the fiscal 2006-2007. Company is going to introduce new model Stabilizers for the new Generation Refrigerators Air Conditioners and TVs

108. rajiv | Link | Bookmark |March 11, 2008 11:55:28 AM

i got refund today morning by ICICI direct

107. Sfc | Link | Bookmark |March 11, 2008 10:52:10 AM

hi
it;s date is 13th march,2008
BEST OF LUCK

MARKET RECOVER YESTERDAY NOW WE CAN SEE BUYING ON THIS RESISTANCE LEVEL OF SENSEX & FUTURE NIFITY

CHAK DE INDIA

106. ketu | Link | Bookmark |March 10, 2008 9:45:08 PM

any one get refund of V-GUARD
aplliead through ICICI BANK

105. Naresh Chellani | Link | Bookmark |March 10, 2008 6:02:27 PM

Trading Members of the Exchange are hereby informed that effective from Thursday, March 13, 2008 the equity shares of V-Guard Industries Limited are listed and admitted to dealings on the Exchange in the list of B Group.

Name of the company

Securities
Market Lot
Scrip Code

V-Guard Industries Limited
2,98,47,520 Equity shares of Rs. 10/- each fully paid-up. Distinctive numbers:

(1 to 2,98,47,520)
One Share
532953

Registered Office:

44/1037, Little Flower Church Road, Kaloor, Cochin- 682017, Kerala, India
Abbreviated Name on BOLT System

V GUARD IND Scrip ID on BOLT System

VGUARD
ISIN No.

INE951I01019

Issue price: Rs. 82 Per share (Face Value of Rs. 10/- and Premium of Rs. 72)
Date of Allotment: March 5, 2008

1 Trading Members may note that as per the guidelines issued by SEBI dated 16th February, 2000, securities of the company will only be traded in Dematerialised form. Trades effected in this scrip will be in unit market lot (i.e. one share)

2 Trading Members may note that the shares bearing the distinctive numbers, the details of which are given below, are not transferable till the date(s) mentioned against them and would not be a good delivery in the market till then. The company has informed the Exchange that in respect of shares held in electronic mode the necessary corporate action has been executed to have the lock-in period marked in the depository’s record. The company has informed the Exchange that in respect of shares in physical form, the respective share certificates have been enfaced with their non-transferability.

No. of Securities
Distinctive Nos. Range
Physical/Demat
Lock-in upto

From
To

1,53,47,520
1
3,000,000
Physical
04.03.2009

7,000,001
8,647,850
Physical

11,147,851
21,847,520
Physical

4,000,000
3,000,001
7,000,000
Physical
04.03.2011

2,500,000
8,647,851
11,147,850
Physical
04.03.2011

3 A copy of the shareholding pattern submitted by the company is enclosed as Annexure I.

4 The company’s financial year ending is March 31.

5 All shares are ranking pari-passu including dividend entitlement.

6 The Registrar to the issue as mentioned in the prospectus is given below:

Intime Spectrum Registry Limited

C-13, Pannalal Silk Mills Compound,

LBS Marg, Bhandup (West),

Mumbai - 400 078

Tel: +91- 22-2586 0320;

Fax: +91- 22- 2596 0329

Email: vil.ipo@intimespectrum.com;

Website: www.intimespectrum.com

7 In case Trading Members require any clarifications on the subject matter of this notice, they may please contact any of the following:

A) At the company:

Ms. Jayasree.K

Company Secretary

Address:

44/1037 , Little Flower Church Road

Kaloor, Cochin- 682 017

Kerala, India

Telephone: + 91-484-2539911, 2530912

Fax: + 91-0484-2539958

E Mail: ipo@vguard.in

Website: www.vguard.in

B) At the Exchange:

Mr. Basam Parkar

Dy. Manager-Dept. of

Corporate Services

Tel.No.91-022-2272 1234/33

Extn: 8848

Sydney Miranda

AGM-DCS

Monday, March 10, 2008

104. Devi | Link | Bookmark |March 10, 2008 1:29:26 PM

market will go down 14500 so be redy

103. SRIKANTH | Link | Bookmark |March 9, 2008 10:16:57 PM

I got 1 lot alloted ... when is the listing expected ? and when is the rest amount will reflect in my account number??? hope it gets a decent liasting ..

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