VCU Data Management IPO Details

Fixed Price IPO | ₹19 Cr | Listed at BSE SME | Fri, Oct 4, 2013 - Tue, Oct 8, 2013

VCU Data Management IPO Logo

VCU Data Management IPO is a fixed price issue of ₹18.75 crores. The issue is entirely a fresh issue of 0.75 crore shares of ₹18.75 crore.

VCU Data Management IPO bidding started from Oct 4, 2013 and ended on Oct 8, 2013. The shares got listed on BSE SME on Oct 23, 2013.

VCU Data Management 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.

Monarch Networth Capital 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 Monarch Networth Capital Ltd..

Refer to VCU Data Management IPO RHP for detailed Information.

IPO Open

Fri, Oct 4, 2013

IPO Close

Tue, Oct 8, 2013

Issue Price

₹25 per share

Market Cap (Pre-IPO)

₹38.75 Cr

IPO Details

IPO Date4 to 8 Oct, 2013
Listed onWed, Oct 23, 2013
Face Value10 per share
Issue Price₹25 per share
Lot Size6,000 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size75,00,000 shares
(agg. up to ₹19 Cr)
Reserved for Market Maker
3,78,000 shares
(agg. up to ₹0.9450 Cr)
Monarch Networth Capital Ltd.
Reserved for Private Promoter31,50,000 shares
(agg. up to ₹8 Cr)
Fresh Issue
(Ex Market Maker)
39,72,000 shares
(agg. up to ₹10 Cr)
Net Offered to Public39,72,000 shares
(agg. up to ₹10 Cr)
Share Holding Pre Issue80,00,000 shares
Share Holding Post Issue1,55,00,000 shares
BSE Script Code 536672
ISININE962O01014

IPO Timetable

Issue Reservation

VCU Data Management IPO comprises a total issue size of 43,50,000 shares. The net offer to the public is 8,22,000 shares, after excluding 35,28,000 shares allotted on a firm basis. Of the Net offer 19,86,000 (50.00%) allocated to NII 19,86,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 19,86,00050.00%45.66%
Retail Shares Offered 19,86,00050.00%45.66%
Firm Reservations
Market Maker Shares Offered 3,78,0008.69%
Private Promoter Shares Offered 31,50,00072.41%
Total Shares Offered 43,50,000100.00%100.00%

IPO Lot Size

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
IPO Subscription Details

About VCU Data Management Ltd.

VCU is the owner and provider of Rights for one of the world’s most unique Interactive Audio/Video Live Streaming hardware/software solutions for the masses at high quality and low bandwidth. Their product was built to cater to the infrastructure of Countries worldwide. VCU Pack boasts unique video encoder, media server, decoder and 2G/3G/4G/wifi and bandwidth aggregation technology.

They are present in areas like transport, disaster management, top security events, media events, the latest news bulletins etc.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 For Augmenting Working Capital requirement 25.71
2 Demo Vans, Computers, Printers & Air conditioners & Office Furnitre & Fixtures 0.28
3 Contingencies @ 1% 0.26
Total 26.25

Key Performance Indicator (KPI)

KPI
RoNW-19.1%
Pre IPOPost IPO
Promoter Holding3.06%21.9%
Market Cap38.75 Cr.
The promoters of the company are:1. Mr. Hardik Sanghvi
2. Mr. Shripal Bafna
3. Mr. Sanjay Vardhan

IPO Review

[Dilip Davda]
Just Avoid. The company has yet to start its activities and hence its NAV before the issue stands at Rs. 9.73 with no earnings. On merchant bankers front, no track record of past mandate is available.
Read detail review...

VCU Data Management IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0001
Members0000

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.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Payment to Merchant Banker including fees and reimbursements of Market Making Fees, underwriting and selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses 0.40
2 Advertisement & Marketing Exp. 0.03
3 Printing & stationery and postage expenses 0.06
4 Regulatory fees 0.02

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price25.00
Open36.25
Low36.25
High36.25
Last Trade36.25

Check IPO Performance…

IPO Registrar

Sharepro Services Pvt.Ltd.

Contact Details

VCU Data Management Ltd. Address
5/9, Beaumon Chambers,
2nd Floor, Nagindas Master Road,
Fort,
Mumbai, Maharashtra, 400001
Open an Instant Account with Zerodha

IPO FAQs

VCU Data Management IPO is a SME IPO of 75,00,000 equity shares of the face value of ₹10 aggregating up to ₹19 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000.

The IPO opens on Fri, Oct 4, 2013, and closes on Tue, Oct 8, 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 VCU Data Management IPO using UPI as a payment gateway. Zerodha customers can apply in VCU Data Management IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in VCU Data Management IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'VCU Data Management IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The VCU Data Management IPO opens on Fri, Oct 4, 2013 and closes on Tue, Oct 8, 2013.

VCU Data Management IPO lot size is 6000, and the minimum amount required for application is ₹1,50,000.

You can apply in VCU Data Management 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 VCU Data Management IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the VCU Data Management IPO allotment status.

The VCU Data Management IPO listing date is on Wed, Oct 23, 2013.

Compare: