FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
Vishal Fabrics IPO is a fixed price issue of Rs 15.63 crores.
Vishal Fabrics IPO bidding started from July 31, 2014 and ended on August 5, 2014. The shares got listed on BSE SME on August 20, 2014.
Vishal Fabrics IPO price is ₹45 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹135,000.
Aryaman Financial Services Limited is the book running lead manager of the Vishal Fabrics IPO, while Link Intime India Private Ltd is the registrar for the issue. The market maker for Vishal Fabrics IPO is Aryaman Capital Markets.
Refer to Vishal Fabrics IPO RHP for detailed information.
IPO Date | July 31, 2014 to August 5, 2014 |
Listing Date | August 20, 2014 |
Face Value | ₹10 per share |
Price | ₹45 per share |
Lot Size | 3000 Shares |
Total Issue Size | 3,474,000 shares (aggregating up to ₹15.63 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 9,700,000 |
Share holding post issue | 13,174,000 |
Market Maker portion | 174,000 shares Aryaman Capital Markets |
Investors can bid for a minimum of 3000 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 | 3000 | ₹135,000 |
Retail (Max) | 1 | 3000 | ₹135,000 |
Lot Size Calculator |
Chiripal Industries Limited is the Promoter of the Company and it holds 65.63% of the pre-issue paid - up Equity Share Capital of the Company.
Share Holding Pre Issue | 100% |
Share Holding Post Issue | 73.63% |
Incorporated in 2014, Vishal Fabrics Limited (VFL) is a flagship Company of Chiripal Group, Ahmedabad and is recognized as a leading process house with a capacity to produce 100 million meter processed fabric per annum. VFL is engaged in the business of dyeing, printing and processing of fabrics of its own and also on job work basis.
Company procures mainly Grey Fabric and dyes, prints and finishes the same as per the client’s requirements. The processing unit of the Company is based in Narol, Ahmedabad, Gujarat. The plant has the capacity to print, dye and process wide range of fabrics i.e. cotton, polyester, viscose and man-made & blended fabrics suitable for men’s wear, women’s wear, home furnishing and many other applications.
KPI | Values |
---|---|
RoNW | 6.58% |
The Objects of the Issue is to raise funds for:
1. Funding Long Term Working Capital Requirements; and
2. Funding expenditure for General Corporate Purpose.
[Dilip Davda]
Remark: Avoid this pricy issue that also has entry barriers.
Read detail review...Listing Date | August 20, 2014 |
BSE Script Code | 538598 |
NSE Symbol | |
ISIN | INE755Q01017 |
Final Issue Price | ₹45 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹45.00 |
₹45.20 |
₹44.05 |
₹46.90 |
₹46.90 |
Vishal Fabrics Ltd
Vishal Fabrics Ltd,
Ranipur, Narol Road,
Ahmedabad, 382405 Gujarat
Phone: +91-79-25353977 /78
Email: cs.vfl@chiripalgroup.com
Website: http://www.vishalfabricsltd.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: vfl.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide
Vishal Fabrics IPO is a SME IPO of 3,474,000 equity shares of the face value of ₹10 aggregating up to ₹15.63 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000 Shares.
The IPO opens on July 31, 2014, and closes on August 5, 2014.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Vishal Fabrics IPO opens on July 31, 2014 and closes on August 5, 2014.
Vishal Fabrics IPO lot size is 3000 Shares, and the minimum amount required is ₹135,000.
You can apply in Vishal Fabrics 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 Vishal Fabrics IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vishal Fabrics IPO allotment status.
Dilip Davda
SEBI registered Research Analyst
Mumbai
Read my IPO Reviews
Useful Articles
Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|