IPO

IPO Synopsis Vedant Poly Fabs Ltd
Registered Office : 6/1/Q Digberia Rd Barasat P.O.,Badu PS Barasat North 24 parga, Parganas - 700128, West Bengal, India.
Phone : +91 82408 77760   Fax:
Email : cs@vedantpolyfabs.com
Website :www.vedantpolyfabs.com
Initial public offer of 60,30,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Vedant Poly Fabs Limited ("The Company" or "The Issuer") of which fresh issue of 54,26,400 equity shares and an offer for sale of 6,03,600 equity shares for cash at a price of Rs. 88-94 per equity share, including share premium of Rs. 78-84 per equity share ("Offer Price"), aggregating to Rs. 53.06-56.68 Crores (the "Offer"), of which 3,04,800 equity shares of face value of Rs. 10/- each for cash at an offer price of Rs. 88-94 per equity share, aggregating to Rs. 2.68-2.87 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., offer of 57,25,200 equity shares of face value of Rs. 10/- each for cash at an offer price of Rs. 88-94 per equity share, aggregating to Rs. 50.38-53.82 Crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 29.92% and 28.41%, respectively of the post offer paid up equity share capital of the company. Price Band: Rs. 88 to Rs. 94 per equity share of face value of Rs. 10/- each. The floor price is 8.8 times of face value and cap price is 9.4 times the face value of the equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter. 
Issue Money Payable On
Opens On Closes On Application Allotment
 02-Nov-26  04-Nov-26  88.00-94.00  0.00-0.00
Minimum Application for shares in Nos :  2400   Further Multiples of :  1200
  Rs Cr Lead Managers to the Issue
Project Cost  0.00 Affinity Global Capital Market Private Limited
Project Financed through Current Offer  53.06  
Post Issue Equity Share Capital  20.15  
Issue Price  88.00  
Projects
 Funding incremental working capital requirements of the Company  Prepayment or Repayment of all or a portion of certain secured or/and unsecured outstanding borrowings availed by the company
 Funding Capital Expenditure for purchase and installation of Plant and Machinery at its existing manufacturing facility  General Corporate Purposes*
Promoted By
 Pankaj Kumar Maheshwari
 Sujata Maheshwari
 Sethsawaria Poly Fab LLP
Listing At
 NSE - SME
Registrar to the Issue
 Cameo Corporate Services Ltd
 
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