V-Marc India Limited IPO

NSE SME

Listed On: Apr 9, 2021 at ₹ 46.5

₹ 117000 /3000 Shares

Check Allotment

IPO Details

25 Mar, 2021

Open Date

31 Mar, 2021

Close Date

06 Apr, 2021

Allotment Date

09 Apr, 2021

Listing Date

Issue Price

₹37 to ₹39 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

46.5

Listing Date

2021-04-09

Market Lot

3000 Shares (₹117,000/-)

Lead Manager

Pantomath Capital Advisors Pvt Ltd

Issue Size

6,000,000 Eq Shares of ₹10 (aggregating up to ₹23.40 Cr)

Retail Portion

N/A

Subscription

1.62 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	2,850,000	2,850,000	5,700,000
Day 1 - 25-03-21 07:00 PM	1.00 x	0.05 x	0.52 x
Day 2 - 26-03-21 05:00 PM	1.08 x	0.24 x	0.66 x
Day 3 - 30-03-21 05:00 PM	1.22 x	0.63 x	0.93 x
Day 4 - 31-03-21 05:00 PM	1.44 x	1.80 x	1.62 x

Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Company Financials All values are in ₹ Cr.

About The Company

V-Marc India Limited is engaged in the business of manufacturing and marketing wires and cables under the brand name of "V-Marc". The company manufactures and sells a diversified range of wires and cables i.e. single & multistrand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, wires, and aerial bunched cables, etc.

The company sells its products through multiple channels; 1. government tenders to supply products for government projects, 2. supply to EPC contractors for turnkey projects, and 3. dealer and distribution network to directly sell to private companies. It supplies its products across industries i.e. power, real estate, railways, and telecom sector. As of Dec 31, 2020, it has a strong network of 650+ dealers across 12 states.

The firm has two manufacturing facilities located at Haridwar, Uttarakhand with an aggregate installed capacity of 71,100 KM p.a and also proposes to set-up a new manufacturing facility with a total capacity of 11,520 km p.a.

- Promoter(s)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%

Company Promoter(s)

Vikas Garg
Meenakshi Garg

IPO - Issue Objectives

To finance capital expenditure to establish proposed manufacturing facility.
To meet company's working capital requirements.
General corporate purposes.

IPO - FAQs

Ans. V-Marc India Limited IPO is a SME IPO. The issue is priced at ₹37 to ₹39 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Mar 25, 2021, and closes on Mar 31, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The V-Marc India Limited IPO opens on Mar 25, 2021 and closes on Mar 31, 2021.

Ans. The size of V-Marc India Limited IPO is 6,000,000 Eq Shares of ₹10 (aggregating up to ₹23.40 Cr).

Ans. The IPO price band is set between ₹37 to ₹39 per equity share.

Ans. To apply for V-Marc India Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find V-Marc India Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of V-Marc India Limited IPO is Apr 6, 2021.

Ans. The V-Marc India Limited IPO will be listed on Apr 9, 2021.

Ans. Follow the steps to check the allotment status for V-Marc India Limited IPO here.