Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI returned the draft Initial Public Offer (IPO) documents of Vasuki Global Industries Ltd. on May 16, 2024, due to non-compliance with disclosure requirements as outlined in Schedule VI of ICDR regulations. Vasuki Global Industries Ltd. had filed the DRHP with SEBI on April 2, 2024 for Initial Public Offer (IPO).
Vasuki Global Industries Ltd. IPO was a Book Build Issue
The equity shares were proposed to be listed on NSE and BSE. Unistone Capital Pvt.Ltd. was the book running lead manager and Bigshare Services Pvt.Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Apr 2, 2024 |
| Offer document returned | Thu, May 16, 2024 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Issue |
| Retail Shares Offered | Not less than 35% of the Issue |
| NII Shares Offered | Not less than 15% of the Issue |
Vasuki Global Industries Limited, incorporated in 2016, is a vertically integrated procurement and processing solutions provider, serving a diverse range of industries. The company's operations are primarily divided into two segments:
As of March 31, 2023, the company had long-standing relationships with 44 clients for over six years and served a total of 766 customers. The team comprises 178 employees as of December 31, 2023.
| Period Ended | 30 Sep 2023 |
|---|---|
| Assets | 180.80 |
| Total Income | 278.50 |
| Profit After Tax | 8.66 |
| NET Worth | 50.52 |
| Total Borrowing | 39.66 |
| Amount in ₹ Crore | |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements of the logistics division of the Company, towards purchase of goods transportation vehicles. | 18.78 |
| 2 | Investment in VCPL for part-financing its capital expenditure requirements in relation to the setting up of the Proposed Facility. | 66.30 |
| 3 | General corporate purposes. |
| KPI | Sep 30, 2023 |
|---|---|
| ROE | 18.77% |
| ROCE | 25.38% |
| Debt/Equity | 0.79 |
| RoNW | 18.77% |
| PAT Margin | 3.14% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 86.67% |
Lead Manager Reports
Vasuki Global Industries IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Vasuki Global Industries IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Vasuki Global Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Vasuki Global Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vasuki Global Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vasuki Global Industries IPO dates are not announced. Please check back again after some time.
Vasuki Global Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Vasuki Global Industries 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 Vasuki Global Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Vasuki Global Industries IPO allotment status.
The Vasuki Global Industries IPO listing date is not yet announced. The tentative date of listing is .
