VMS Industries IPO Latest News Today

VMS Industries IPO shares will list on Tuesday, June 14, 2011. Issue price of this IPO has been fixed at Rs 40/- per share. IPO was oversubscribed by 1.36 times (3.41 times in retail) on closing day.

VMS Industries IPO Listing Date

Listing Date: Tuesday, June 14, 2011
BSE Scrip Code: 533427
Listing In: 'B' Group of Securities
ISIN: INE932K01015
Issue Price: Rs. 40.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

VMS Industries IPO finally subscribed 1.36 times on its last day. VMS Industries IPO was open on May 30, 2011 and closed today for subscription. VMS Industries has received bids for 97,34,400 shares as against issue size of 71,52,778 shares.

Subscription Detail for Day 4

Qualified Institutional Buyers (QIBs): 0.0000 Times
Non Institutional Investors: 1.1100 Times
Retail Individual Investors (RIIs): 3.4100 Times

Total Over-subscription: 1.36 Times

VMS Industries IPO subscribed 0.55 times on its day 3. VMS Industries IPO was open on May 30, 2011 and will close tomorrow on Jun 02, 2011 for subscription.

Subscription Detail for Day 3

Qualified Institutional Buyers (QIBs): 0.00 Times
Non Institutional Investors: 0.35 Times
Retail Individual Investors (RIIs): 1.43 Times

Total: 0.55 Times

VMS Industries IPO subscribed 0.40 times on its day 2. VMS Industries IPO was open on May 30, 2011 and will close on Jun 02, 2011 for subscription. VMS Industries has received bids for 28,90,080 shares as against issue size of 71,52,778 shares.

Subscription Detail for Day 2

Qualified Institutional Buyers (QIBs): 0.00 Times
Non Institutional Investors: 0.21 Times
Retail Individual Investors (RIIs): 1.06 Times

Total: 0.40 Times

VMS Industries Ltd is entering in the capital markets with an initial public offering, IPO of 25.75 crores. The price band for the issue has been fixed at Rs 36/- at lower level and Rs 40/- at upper level.

VMS Industries Ltd on its incorporation started the business activity in the nature of providing different kinds of financial and consulting services and later on diversified into the ship recycling and off-shore activities. VMS Industries has an integrated yard for ship recycling of ships and offshore business support activities, catering to customers in India and overseas.

The issue opens on May 30, 2011 and closes for subscription on Jun 02, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE).