Free Account Opening + AMC Free Demat
Loading...

VA Tech Wabag Ltd IPO (VA Tech IPO) Detail

September 22, 2010 - September 27, 2010

VA Tech IPO is a book built issue of Rs 125.00 crores.

VA Tech IPO bidding started from September 22, 2010 and ended on September 27, 2010. The shares got listed on BSE, NSE on October 13, 2010.

VA Tech IPO price band is set at ₹1230 to ₹1310 per share. The minimum lot size for an application is 5 Shares. The minimum amount of investment required by retail investors is ₹6,550.

Axis Capital Limited and Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) are the book running lead managers of the VA Tech IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to VA Tech IPO RHP for detailed information.

VA Tech IPO Details

IPO Date September 22, 2010 to September 27, 2010
Listing Date October 13, 2010
Face Value ₹5 per share
Price Band ₹1230 to ₹1310 per share
Lot Size 5 Shares
Total Issue Size954,198 shares
(aggregating up to ₹125.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue9,540,813
Share holding post issue10,495,011

VA Tech IPO Reservation

VA Tech IPO offers 3,128,507 shares. 1,293,684 (41.35%) to QIB, 550,447 (17.59%) to NII, 1,284,376 (41.05%) to RII. 256,875 RIIs will receive minimum 5 shares and (sNII) and (bNII) will receive minimum 155 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered1,293,684 (41.35%)NA
NII (HNI) Shares Offered550,447 (17.59%)
Retail Shares Offered1,284,376 (41.05%)256,875
Total Shares Offered3,128,507 (100%)

VA Tech IPO Lot Size

Investors can bid for a minimum of 5 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 5 ₹6,550
Retail (Max) 30 150 ₹196,500
Lot Size Calculator

VA Tech IPO Promoter Holding

Share Holding Pre Issue 34.34%
Share Holding Post Issue 31.21%

About VA Tech Wabag Ltd

Incorporated in 1996, VA Tech Wabag is one of the world’s leading companies in the water treatment field. WABAG is multinational player provides turn-key solutions for water and waste water treatment to municipal and industrial users. Wabag has market presence in India, the Middle East, North Africa, Central and Eastern Europe, China and South East Asia.

WABAG offers complete life cycle solutions including conceptualization, design, engineering, procurement, supply, installation, construction and O&M services. They provide a range of EPC and O&M solutions for sewage treatment, processed and drinking water treatment, effluents treatment, sludge treatment, desalination and reuse for institutional clients like municipal corporations and companies in the infrastructure sector such as power, steel and oil and gas companies. As at July 2010, Company has executed 113 projects and is currently executing 81 projects.

Key Performance Indicator

KPI Values
ROCE33.7%
RoNW18.4%

Objects of the Issue (VA Tech IPO Objectives)

The objects of the Issue are:

1. Funding working capital requirements of the Company;
2. Construction of a corporate office at Chennai;
3. Implementation of global IT systems; and
4. General corporate purposes.


VA Tech IPO Subscription Status (Bidding Detail)

The VA Tech IPO is subscribed 36.22 times on September 27, 2010 8:30:00 PM. The public issue subscribed 8.55 times in the retail category, 36.13 times in the QIB category, and 100.98 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB36.13
NII100.98
Retail8.55
Total36.22

VA Tech Wabag Limited IPO Grading / Rating

ICRA has assigned an IPO Grade 4 to VA Tech Wabag Limited IPO. This means as per ICRA company has 'Above Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the ICRA IPO Grading Document for VA Tech Wabag Limited.

VA Tech Wabag Limited IPO Tags:

VA Tech Wabag Limited IPO, VA Tech IPO, Wabag IPO,Cantabil IPO Bidding, VA Tech Wabag IPO Allotment Status, VA Tech Wabag drhp andVA Tech Wabag Limited IPO listing.

VA Tech IPO Prospectus

VA Tech IPO Rating

547
4.0
Rating:Rated 4.0 stars
Vote Here ...

VA Tech IPO Listing Details

Listing Date October 13, 2010
BSE Script Code 533269
NSE Symbol WABAG
ISIN INE956G01038
Final Issue Price ₹1310 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
₹1,310.00
₹1,655.00
₹1,651.10
₹1,806.60
₹1,709.40
NSE
₹1,310.00
₹1,500.00
₹1,500.00
₹1,806.80
₹1,707.95

Check IPO Performance…

VA Tech Wabag Ltd Contact Details

VA Tech Wabag Ltd
VA Tech Wabag Limited,
No.11, Murray’s Gate Road,
Alwarpet, Chennai 600 018, Tamil Nadu
Phone: +91 44 4223 2411
Email: companysecretary@wabag.in
Website: http://www.wabag.com

VA Tech IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: vatech.ipo@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

VA Tech IPO - Buy or Not

VA Tech IPO Recommendation Summary

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

Read All Reviews Post Your Review Manage Reviews

VA Tech IPO FAQs

VA Tech IPO is a main-board IPO of 954,198 equity shares of the face value of ₹5 aggregating up to ₹125.00 Crores. The issue is priced at ₹1230 to ₹1310 per share. The minimum order quantity is 5 Shares.

The IPO opens on September 22, 2010, and closes on September 27, 2010.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The VA Tech IPO opens on September 22, 2010 and closes on September 27, 2010.

VA Tech IPO lot size is 5 Shares, and the minimum amount required is ₹6,550.

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

The VA Tech IPO listing date is on October 13, 2010.
Open an Instant Account with Zerodha

VA Tech IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

Loading...

1579 Comments

1579. manohar butaney |   Link |  Bookmark |November 3, 2010 12:54:24 AM
refund not yet received
1578. manohar butaney |   Link |  Bookmark |October 31, 2010 11:13:12 PM
I APPLIED FOR 30 SHARES VIDE APLICATION NO.41385869.I WAS ALLOTED 5 SHARES.I HAVE NOT YET RECEIVED THE REFUND OF BALANCE AMOUNT OF RS32750/- DESPITE SEVERAL LETTERS,EMAILS AND TELEPHONES TO KARVY COMPUTERSHARE,HYDERABAD.PLZ. THEY SAY THAT THEY HAVE CREDITED THE AMOUNT TO MY BANK ACCOUNT BY ECS.I HAVE SENT THEM THE STATEMENT OF MY BANK ACCOUNT AND A CERTIFICATE FROM THE BANK OF NON PAYMENT OF RS32750/-.BHAVNA BUTANEY
1577. NAMITA RAO |   Link |  Bookmark |October 30, 2010 11:28:35 AM
Dear Friends I have received the refund money through registered post after 29 days from the day of closing.
I have applied ipo and fpo many times, and for refund for money I max. have to wait for 20 to 23 days.
VA TECH. is the longest to wait.
1576. Ravi, Bangalore |   Link |  Bookmark |October 28, 2010 5:48:43 PM (300+ Posts)
Correction to Comment # 1579.

Consolidation in 1600 to 1700 area.

It is small-cap stock. It is tough to analyse this stock. Hence it is High Risk for short-term trading. Simply buying at second support is good idea. Even if it fall from there, it will come-back for sure.
1575. Ravi, Bangalore |   Link |  Bookmark |October 28, 2010 5:25:14 PM (300+ Posts)
VA Tech 1619- Consolidation in 1700-1605 area.

If breaks upper channel, Resistance in 1750-1805 zone, 1948. Medium-term target 2090+.

If breaches lower channel, Support lies in 1560-1500-1475 zone, 1335 or below 1170. Buying at second support is better bet.
1574. Anonymous |   Link |  Bookmark |October 25, 2010 10:36:20 PM
Stock already showing its class, exit immediately.. SELL to book your profits
1573. Anonymous |   Link |  Bookmark |October 23, 2010 10:03:40 PM
can anybody clarify me, if i apply in cut off for full 75 shares should i get a allotment
1572. Anonymous |   Link |  Bookmark |October 23, 2010 10:00:47 PM
i have applied for va tech ipo at cutoff for 75 shares, money was debited from my account, no shares was allotted or refund was credited, when i called karvy and vatech they told shares have been allotted in this application but mentioned a different name, when i seeked clarification with scaned image of my cheque application and bank statment, they told me the shares are not allotted, they sent me a scanned image of a application with different application no and name. I think KARVY is doing fraud will alloting the retail shares to thier account
1571. Anonymous |   Link |  Bookmark |October 21, 2010 10:38:49 PM
i have not received my money back.whom should i contact
can anyone give idea
1570. Anonymous |   Link |  Bookmark |October 21, 2010 10:37:09 PM
can anyone please tell how much time it takes for money to get credited to account bcoz still i havent got money back
1569. Anonymous |   Link |  Bookmark |October 21, 2010 12:09:22 AM
Yes continue living in a fool's paradise and lose all our profits steadily...
1568. Anonymous |   Link |  Bookmark |October 19, 2010 12:50:14 PM
You are right traders

VA Tech is really a rock solid stock.....accumlate it near 1630- 1660..and see around 1780 level in coming days..

well wisher
Happy trading
1567. Anonymous |   Link |  Bookmark |October 19, 2010 11:56:51 AM
VA Tech Wabag zooms over 1700+ at this point at 10:55 a.m. Accummulation going on at lower levels. It will Rock----
1566. Anonymous |   Link |  Bookmark |October 18, 2010 8:05:33 PM
this shares may be touch 2500/00 in oneyear

buy
1565. Anonymous |   Link |  Bookmark |October 18, 2010 10:51:51 AM
1556 my friend.

LOOK AT THE ROCK SOLID PERFORMANCE OF VA TECH WABAG WHEN SENSEX IS DOWN BY 500+ POINTS. PLEASE DO THE RESEARCH AND MAKE YOUR VIEW. THIS IS BECAUSE WHEN ALL THE RETAILERS AND DIIs HAVE SOLD THEIR HOLDINGS, FIIs ARE BUYING IN THIS STOCK AND ACCUMULATING AT EVERY DIP.

I MAINTAIN MY SHORT-TERM TARGET OF 2200+.

CONGRATULATIONS!! TO ALL THE RETAILERS WHO ARE STILL HOLDING THEIR POSITIONS. NJOY!!!
1564. Anonymous |   Link |  Bookmark |October 18, 2010 12:46:44 AM
refund not recived any news
1563. Anonymous |   Link |  Bookmark |October 18, 2010 12:26:34 AM
Operators to start exiting this stock from next week (18th Oct onwards). Sell to book your profits.
1562. Anonymous |   Link |  Bookmark |October 17, 2010 3:37:16 PM
HIGHLY OVERPRICED. LOSING SUPPORT.
1561. Anonymous |   Link |  Bookmark |October 17, 2010 6:26:15 AM
VA Tech Wabag Limited is a rock solid, world #1 water treatment company.

Since listing, the price is showing similary patterns as in Jubilant Foodworks and Cox & Kings. Just like Va Tech Wabag they are also leaders in their business.

Company will very soon announce international expansion and tie-ups. It is acquiring large geographical areas all over the world.

Most of the weak hands are out of the stock and mind blowing higher targets could be expected in very near future.

MY PERSONAL SHORT-TERM TARGET FOR THE STOCK - 2200+.

Congratulations! to all who are still holding this stock. Njoy!
1560. Anonymous |   Link |  Bookmark |October 17, 2010 1:18:24 AM
SJ BHAI

KYA IS COMPANY COAL KA VP BHI TUMHARA CLIENT HAI...
KYA ISAKA OWNER (GOVT) TUMHARE DOST KE DOST HAI....
KYA TUM IS BAR RESERCH NAHI KAROGE...
KYA TUM HAMESHA UNDERGROUND RAHOGE....

TUMHARE CHELE- CHAPATON KA KYA HUA...
AAJKAL WOH BHI UNDERGROUND HO GAYE HAI..
KANHI WOH TUMHARE DUMMY NAAM TO NAHI THE....