Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
VA Tech Wabag IPO is a book build issue of ₹472.59 crores. The issue is a combination of fresh issue of 0.10 crore shares aggregating to ₹125.00 crores and offer for sale of 0.27 crore shares aggregating to ₹347.59 crores.
VA Tech Wabag IPO bidding started from Sep 22, 2010 and ended on Sep 27, 2010. The shares got listed on BSE, NSE on Oct 13, 2010.
VA Tech Wabag IPO price band is set at ₹1310.00 per share . The lot size for an application is 5. The minimum amount of investment required by an retail is ₹6,150 (5 shares). The lot size investment for sNII is 31 lots (155 shares), amounting to ₹2,03,050, and for bNII, it is 153 lots (765 shares), amounting to ₹10,02,150.
Axis Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to VA Tech Wabag IPO RHP for detailed Information.
| IPO Date | September 22, 2010 to September 27, 2010 |
| Listing Date | October 13, 2010 |
| Face Value | ₹5 per share |
| Issue Price Band | ₹1230 to ₹1310 per share |
| Issue Price Final | ₹1310 per share |
| Lot Size | 5 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 36,07,581 shares (aggregating up to ₹472.59 Cr) |
| Fresh Issue | 9,54,198 shares (aggregating up to ₹125.00 Cr) |
| Offer for Sale | 26,53,383 shares of ₹5 (aggregating up to ₹347.59 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 95,40,813 shares |
| Share Holding Post Issue | 1,04,95,011 shares |
VA Tech IPO offers total 36,07,581 shares. Out of which 18,03,789 (50.00%) allocated to QIB, 12,62,653 (35.00%) allocated to QIB, 5,41,138 (15.00%) allocated to NII, 12,62,654 (35.00%) allocated to RII and 5,41,136 (15.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 18,03,789 (50.00%) | NA |
| − Anchor Investor Shares Offered | 5,41,136 (15.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 12,62,653 (35.00%) | NA |
| NII (HNI) Shares Offered | 5,41,138 (15.00%) | NA |
| Retail Shares Offered | 12,62,654 (35.00%) | 2,52,530 |
| Total Shares Offered | 36,07,581 (100.00%) |
VA Tech Wabag IPO opens on September 22, 2010, and closes on September 27, 2010.
| IPO Open Date | Wed, Sep 22, 2010 |
| IPO Close Date | Mon, Sep 27, 2010 |
| Tentative Listing Date | Wed, Oct 13, 2010 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Sep 27, 2010 |
Investors can bid for a minimum of 5 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 5 | ₹6,550 |
| Retail (Max) | 30 | 150 | ₹1,96,500 |
| S-HNI (Min) | 31 | 155 | ₹2,03,050 |
| S-HNI (Max) | 152 | 760 | ₹9,95,600 |
| B-HNI (Min) | 153 | 765 | ₹10,02,150 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1996, VA Tech Wabag is one of the world’s leading companies in the water treatment field. WABAG is multinational player provides turn-key solutions for water and waste water treatment to municipal and industrial users. Wabag has market presence in India, the Middle East, North Africa, Central and Eastern Europe, China and South East Asia.
WABAG offers complete life cycle solutions including conceptualization, design, engineering, procurement, supply, installation, construction and O&M services. They provide a range of EPC and O&M solutions for sewage treatment, processed and drinking water treatment, effluents treatment, sludge treatment, desalination and reuse for institutional clients like municipal corporations and companies in the infrastructure sector such as power, steel and oil and gas companies. As at July 2010, Company has executed 113 projects and is currently executing 81 projects.
The Company VA Tech IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Funding working capital requirements of the Company. | 645.06 |
| 2 | Construction of a corporate office at Chennai | 347.42 |
| 3 | General corporate purposes | 110.51 |
| 4 | Implementation of global IT systems | 87.41 |
ICRA has assigned an IPO Grade 4 to VA Tech Wabag Limited IPO. This means as per ICRA company has 'Above Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the ICRA IPO Grading Document for VA Tech Wabag Limited.
VA Tech Wabag Limited IPO, VA Tech IPO, Wabag IPO,Cantabil IPO Bidding, VA Tech Wabag IPO Allotment Status, VA Tech Wabag drhp andVA Tech Wabag Limited IPO listing.
| Listing Date | October 13, 2010 |
| BSE Script Code | 533269 |
| NSE Symbol | WABAG |
| ISIN | INE956G01038 |
| Final Issue Price | ₹1310 per share |
| BSE Listing Group | B |
VA Tech Wabag Ltd.
VA Tech Wabag Limited,
No.11, Murray’s Gate Road,
Alwarpet, Chennai 600 018, Tamil Nadu
Chennai, Tamil Nadu
Phone: +91 44 4223 2411
Email: companysecretary@wabag.in
Website: http://www.wabag.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: vatech.ipo@karvy.com
Website: https://ipostatus.kfintech.com/
VA Tech Wabag IPO is a main-board IPO of 36,07,581 equity shares of the face value of ₹5 aggregating up to ₹472.59 Crores. The issue is priced at ₹1310 per share. The minimum order quantity is 5.
The IPO opens on September 22, 2010, and closes on September 27, 2010.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in VA Tech Wabag IPO using UPI as a payment gateway. Zerodha customers can apply in VA Tech Wabag IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in VA Tech Wabag IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The VA Tech Wabag IPO opens on September 22, 2010 and closes on September 27, 2010.
VA Tech Wabag IPO lot size is 5, and the minimum amount required for application is ₹6,550.
You can apply in VA Tech Wabag 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 VA Tech Wabag IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the VA Tech Wabag IPO allotment status.
The VA Tech Wabag IPO listing date is on Wednesday, October 13, 2010.
Useful Articles
RHP