27 June 2012

VKS Projects IPO: What you need to know


Issue Terms
 
Issue price / Floor Price (Rs)
55-60
Application per share (Rs)
55.00
Minimum investment amount (Rs)
5,500.00
Minimum bid (no of shares)
100 shares and in multiples of 100 thereafter
Maximum Shares for Retail
3600-3300



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Issue Date and Size
 
Issue opens
29-Jun-12
Issue closes
04-Jul-12
Listing on
BSE, NSE
Issue size (Rs cr)
55



Company Financials (Rs cr)
2011-12-31
No of months
9
Turnover
97.55
Net profit / (loss)
5.62
Borrowings
20.75
Lead Managers & Registrar
Lead Manager(1)
Aryaman Financial Services Ltd
E-mail
info@afsl.co.in


Registrar
Bigshare Services Pvt Ltd
E-mail
ipo@bigshareonline.com



Company Contact Details
Company's address
507, "B" Wing, Sai Sangam, Sector 15, CBD Belapur (E), Navi Mumbai
Pincode
400614
Tel No.
91 22 41267000
Fax No.
91 22 41267030
Website
http://www.vksprojects.com



Description
Company engaged in the business of undertaking EPC contracts of CS/SS/alloy steel turnkey piping, civil land development, industrial / commercial infra projects, structural fabrication and erection of equipments, fire fighting projects and commissioning of chemical plants for various industries.
Objects of Issue
  • >To meet long-term working capital requirements;
  • >To finance the procurement of construction equipment and key machineries;
  • >To finance the setting up of engineering design studio/office and training centre in Chennai, Cochin, Delhi, Hyderabad and Ahmedabad

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