Fixed Price IPO | ₹13 Cr | Listed at BSE SME | Mon, Aug 12, 2013 - Fri, Aug 16, 2013
VKJ Infradevelopers IPO is a fixed price issue of ₹12.75 crores. The issue is entirely a fresh issue of 0.51 crore shares of ₹12.75 crore.
VKJ Infradevelopers IPO bidding started from Aug 12, 2013 and ended on Aug 16, 2013. The shares got listed on BSE SME on Aug 30, 2013.
VKJ Infradevelopers IPO price is ₹25 per share. The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,50,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹3,00,000.
Inventure Merchant Banker Services Pvt.Ltd. is the book running lead manager and Sharepro Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Anuriti Multy Broking Pvt.Ltd..
Refer to VKJ Infradevelopers IPO RHP for detailed Information.
IPO Open
Mon, Aug 12, 2013
IPO Close
Fri, Aug 16, 2013
Issue Price
₹25 per share
Market Cap (Pre-IPO)
₹44.62 Cr
| IPO Date | 12 to 16 Aug, 2013 |
| Listed on | Fri, Aug 30, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹25 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 51,00,000 shares (agg. up to ₹13 Cr) |
| Reserved for Market Maker | 2,64,000 shares Anuriti Multy Broking Pvt.Ltd. (agg. up to ₹0.6600 Cr) |
| Fresh Issue (Ex Market Maker) | 48,36,000 shares (agg. up to ₹12 Cr) |
| Net Offered to Public | 48,36,000 shares (agg. up to ₹12 Cr) |
| Share Holding Pre Issue | 1,27,49,770 shares |
| Share Holding Post Issue | 1,78,49,770 shares |
| BSE Script Code | 536128 |
| ISIN | INE211P01013 |
VKJ Infradevelopers IPO comprises a total issue size of 51,00,000 shares. The net offer to the public is 48,36,000 shares, after excluding 2,64,000 shares allotted on a firm basis. Of the Net offer 24,18,000 (50.00%) allocated to NII 24,18,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 24,18,000 | 50.00% | 47.41% |
| Retail Shares Offered | 24,18,000 | 50.00% | 47.41% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,64,000 | 5.18% | |
| Total Shares Offered | 51,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,50,000 |
| Retail (Max) | 1 | 6,000 | ₹1,50,000 |
| HNI (Min) | 2 | 12,000 | ₹3,00,000 |
Incorporated in 2010, VKJ Infradevelopers Ltd(VIL) is engaged in the business of Land Development, Civil Construction and trading in construction materials, primarily soils and sands.
Company mainly provides civil construction, land & site development services and trading of construction materials. At present they are looking for some land for future projects in Delhi, Noida, and NCR region. They are also negotiating with other Construction Companies/ Developers to finalise joint venture projects with them. Also they are doing re doing land leveling works from the last few years with ISP Construction Private Limited.
Services provided by VKJ Infradevelopers are:
1. Civil Construction and trading in construction materials
2. Primarily soils and sands
3. Land and site development
4. Land filling, fencing walls etc.
5. Land Development
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the fund requirements for execution of the Ongoing and Forthcoming Projects and other working capital requirements | 10.65 |
| 2 | General Corporate Purposes | 1.50 |
| 3 | Public Issue Expenses | 0.60 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including fees and reimbursements of Market Making Fees, selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses. | 0.45 |
| 2 | Printing & Stationery and Postage Expenses | 0.05 |
| 3 | Marketing and Advertisement Expenses | 0.05 |
| 4 | Regulatory fees and other expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹25.00 |
| Open | ₹23.80 |
| Low | ₹23.80 |
| High | ₹26.25 |
| Last Trade | ₹23.80 |
Lead Manager Reports
VKJ Infradevelopers IPO is a SME IPO of 51,00,000 equity shares of the face value of ₹10 aggregating up to ₹13 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000.
The IPO opens on Mon, Aug 12, 2013, and closes on Fri, Aug 16, 2013.
Sharepro Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in VKJ Infradevelopers IPO using UPI as a payment gateway. Zerodha customers can apply in VKJ Infradevelopers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in VKJ Infradevelopers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The VKJ Infradevelopers IPO opens on Mon, Aug 12, 2013 and closes on Fri, Aug 16, 2013.
VKJ Infradevelopers IPO lot size is 6000, and the minimum amount required for application is ₹1,50,000.
You can apply in VKJ Infradevelopers IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for VKJ Infradevelopers IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the VKJ Infradevelopers IPO allotment status.
The VKJ Infradevelopers IPO listing date is on Fri, Aug 30, 2013.
