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VMV Holidays IPO is a fixed price issue of ₹1.56 crores. The issue is entirely a fresh issue of 0.16 crore shares of ₹1.56 crore.
VMV Holidays IPO bidding started from Jun 29, 2015 and ended on Jul 1, 2015. The shares got listed on BSE SME on Jul 14, 2015.
VMV Holidays IPO price is ₹10.00 per share . The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (10000 shares). The minimum lot size investment for HNI is 3 lots (30,000 shares), amounting to ₹3,00,000.
Oneview Corporate Advisors 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 Guiness Securities Ltd..
Refer to VMV Holidays IPO RHP for detailed Information.
| IPO Date | June 29, 2015 to July 1, 2015 |
| Listing Date | July 14, 2015 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 15,60,000 shares (aggregating up to ₹1.56 Cr) |
| Reserved for Market Maker | 80,000 shares Guiness Securities Ltd. (aggregating up to ₹0.0800 Cr) |
| Net Offered to Public | 14,80,000 shares (aggregating up to ₹1.48 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 40,18,500 shares |
| Share Holding Post Issue | 55,78,500 shares |
VMV Holidays IPO offers total 15,60,000 shares. Out of which 7,40,000 (47.44%) allocated to NII, 7,40,000 (47.44%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 80,000 (5.13%) |
| NII (HNI) Shares Offered | 7,40,000 (47.44%) |
| Retail Shares Offered | 7,40,000 (47.44%) |
| Total Shares Offered | 15,60,000 (100.00%) |
VMV Holidays IPO opens on June 29, 2015, and closes on July 1, 2015.
| IPO Open Date | Mon, Jun 29, 2015 |
| IPO Close Date | Wed, Jul 1, 2015 |
| Tentative Listing Date | Tue, Jul 14, 2015 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jul 1, 2015 |
Investors can bid for a minimum of 10,000 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 | 10,000 | ₹1,00,000 |
| Retail (Max) | 2 | 20,000 | ₹2,00,000 |
| HNI (Min) | 3 | 30,000 | ₹3,00,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2010, VMV Holidays Ltd is engaged in the business of tours and travels and provide the entire gamut of activities associated with holidays like ticketing, local travel arrangement, hotel bookings, Adventure tours, etc. They also provide the most suited holidays/trips to their clients, which are customized to meet their requirements. VMVH's services and products include Inbound and Outbound Travel and Tours Services, Domestic tour arrangements, bookings of Air tickets and hotels for domestic/international travels and also Rent a Car facility.
VMV provides tour packages to Indian tourists for places such as Rajasthan, Kashmir, Kerala, North East and Goa. They also provide provides tour packages to international tourists for places such as South East Asia, Hongkong and Maccau, China, Dubai, Europe, Mauritius etc. They provide total travel solutions including business trip, leisure trip, honeymoon trip, family holidays or any special occasion and events.
| KPI | Values |
|---|---|
| RoNW | -0.19% |
The Company VMV Holidays IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Brand Building Exercise | 0.34 |
| 2 | Expansion of Online Services | 0.39 |
| 3 | Setting up office at Mumbai | 0.22 |
| 4 | General Corporate Expenses | 0.30 |
| 5 | Issue Expenses | 0.30 |
[Dilip Davda] <p>Based on latest earnings, if we annualized and attribute it to fully diluted equity post IPO, then asking price is at 140 plus P/E and thus a risky bet.</p> <p> </p> <p style="margin: 0in 0in 0pt; text-align: justify;"><strong><span style="color: red; font-family: 'Times New Roman','serif'; font-size: 12pt;">DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. As SME issues have entry barriers and low preference from broking community, any reader taking decisions based on any information published here does so entirely at own risk. Author has no plans to invest in this offer.</span></strong></p> <p> </p> Read detail review...
| Listing Date | July 14, 2015 |
| BSE Script Code | 539222 |
| NSE Symbol | |
| ISIN | INE451S01019 |
| Final Issue Price | ₹10 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹10.25 |
| Low | ₹10.25 |
| High | ₹10.50 |
| Last Trade | ₹10.50 |
VMV Holidays Ltd.
18, Giri Babu Lane,
1st Floor,
Room No. 1A,
Kolkata, West Bengal, 700012
Phone: 033 40060699
Email: vmvholidays.sme@gmail.com
Website: http://www.vmvholidays.com
Sharepro Services Pvt.Ltd.
Phone: 9999999999
Email: sme.ipo@shareproservices.com
Website:
VMV Holidays IPO is a SME IPO of 15,60,000 equity shares of the face value of ₹10 aggregating up to ₹1.56 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on June 29, 2015, and closes on July 1, 2015.
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 VMV Holidays IPO using UPI as a payment gateway. Zerodha customers can apply in VMV Holidays IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in VMV Holidays IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The VMV Holidays IPO opens on June 29, 2015 and closes on July 1, 2015.
VMV Holidays IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.
You can apply in VMV Holidays 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 VMV Holidays IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the VMV Holidays IPO allotment status.
The VMV Holidays IPO listing date is on Tuesday, July 14, 2015.
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