Fixed Price IPO | ₹11 Cr | Listed at BSE SME | Mon, Sep 29, 2014 - Tue, Oct 7, 2014
Vibrant Global Capital IPO is a fixed price issue of ₹11.48 crores. The issue is a combination of fresh issue of 0.30 crore shares aggregating to ₹5.70 crores and offer for sale of 0.30 crore shares aggregating to ₹5.78 crores.
Vibrant Global Capital IPO bidding started from Sep 29, 2014 and ended on Oct 7, 2014. The shares got listed on BSE SME on Oct 21, 2014.
Vibrant Global Capital IPO price is ₹19 per share. The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,14,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹2,28,000.
Hem Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Hem Securities Ltd..
Refer to Vibrant Global Capital IPO RHP for detailed Information.
IPO Open
Mon, Sep 29, 2014
IPO Close
Tue, Oct 7, 2014
Issue Price
₹19 per share
Market Cap (Pre-IPO)
₹43.52 Cr
| IPO Date | 29 Sep to 7 Oct, 2014 |
| Listed on | Tue, Oct 21, 2014 |
| Face Value | ₹10 per share |
| Issue Price | ₹19 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 60,42,000 shares (agg. up to ₹11 Cr) |
| Reserved for Market Maker | 3,06,000 shares Hem Securities Ltd. (agg. up to ₹0.5814 Cr) |
| Fresh Issue (Ex Market Maker) | 26,94,000 shares (agg. up to ₹5 Cr) |
| Offer for Sale | 30,42,000 shares of ₹10 (agg. up to ₹6 Cr) |
| Net Offered to Public | 57,36,000 shares (agg. up to ₹11 Cr) |
| Share Holding Pre Issue | 1,99,07,380 shares |
| Share Holding Post Issue | 2,29,07,380 shares |
| BSE Script Code | 538732 |
| ISIN | INE761Q01015 |
Vibrant Global Capital IPO comprises a total issue size of 60,42,000 shares. The net offer to the public is 57,36,000 shares, after excluding 3,06,000 shares allotted on a firm basis. Of the Net offer 28,68,000 (50.00%) allocated to NII 28,68,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 28,68,000 | 50.00% | 47.47% |
| Retail Shares Offered | 28,68,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,06,000 | 5.06% | |
| Total Shares Offered | 60,42,000 | 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 | ₹1,14,000 |
| Retail (Max) | 1 | 6,000 | ₹1,14,000 |
| HNI (Min) | 2 | 12,000 | ₹2,28,000 |
Vibrant Global Capital Ltd (VGCL) is a non-deposit accepting NBFC registered with RBI and is primarily engaged in investment and trading in listed/unlisted securities and financial products, providing long and short term loans and advances. All its operations are distributed among its various subsidiaries.
Details of service offering under Vibrant Global Capital Limited are:
1. Investments and trading in listed / unlisted securities and financial products
2. Providing long term loans and advances
3. Advancing short term loans
Vibrant Global's Subsidiary Companies:
1. Vibrant Infraproject Pvt. Ltd.
2. Vibrant Global Trading Pvt. Ltd. (VGTPL)
Vibrant Global's Associate Companies:
1. Tapadia Polyesters Pvt. Ltd.
2. Vibrant Global Vidyut Pvt. Ltd.
| 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 | Increasing the operational scale with respect to the NBFC activities | 3.06 |
| 2 | Partial repayment of loans | 2.50 |
| KPI | |
|---|---|
| RoNW | -1.35% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 95.28% | 82.8% |
| Market Cap | ₹43.52 Cr. |
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, underwriting and selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars etc. and other out of pocket expenses. | 0.26 |
| 2 | Printing & Stationery, Distribution, Postage etc | 0.03 |
| 3 | Advertising and Marketing Expenses | 0.02 |
| 4 | Listing Fees | 0.01 |
| 5 | Advisory Fee | 0.03 |
| 6 | Regulatory Fees and expenses | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹19.00 |
| Open | ₹19.40 |
| Low | ₹19.25 |
| High | ₹20.35 |
| Last Trade | ₹20.00 |
Lead Manager Reports
Vibrant Global Capital IPO is a SME IPO of 60,42,000 equity shares of the face value of ₹10 aggregating up to ₹11 Crores. The issue is priced at ₹19 per share. The minimum order quantity is 6000.
The IPO opens on Mon, Sep 29, 2014, and closes on Tue, Oct 7, 2014.
Bigshare 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 Vibrant Global Capital IPO using UPI as a payment gateway. Zerodha customers can apply in Vibrant Global Capital IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vibrant Global Capital IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vibrant Global Capital IPO opens on Mon, Sep 29, 2014 and closes on Tue, Oct 7, 2014.
Vibrant Global Capital IPO lot size is 6000, and the minimum amount required for application is ₹1,14,000.
You can apply in Vibrant Global Capital 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 Vibrant Global Capital IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Vibrant Global Capital IPO allotment status.
The Vibrant Global Capital IPO listing date is on Tue, Oct 21, 2014.
