Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Mon, Jun 29, 2015 - Wed, Jul 1, 2015
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Mon, Jun 29, 2015
IPO Close
Wed, Jul 1, 2015
Issue Price
₹10 per share
Market Cap (Pre-IPO)
₹5.58 Cr
| IPO Date | 29 Jun to 1 Jul, 2015 |
| Listed on | Tue, Jul 14, 2015 |
| Face Value | ₹10 per share |
| Issue Price | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 15,60,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 80,000 shares Guiness Securities Ltd. (agg. up to ₹0.0800 Cr) |
| Fresh Issue (Ex Market Maker) | 14,80,000 shares (agg. up to ₹1 Cr) |
| Net Offered to Public | 14,80,000 shares (agg. up to ₹1 Cr) |
| Share Holding Pre Issue | 40,18,500 shares |
| Share Holding Post Issue | 55,78,500 shares |
| BSE Script Code | 539222 |
| ISIN | INE451S01019 |
VMV Holidays IPO comprises a total issue size of 15,60,000 shares. The net offer to the public is 14,80,000 shares, after excluding 80,000 shares allotted on a firm basis. Of the Net offer 7,40,000 (50.00%) allocated to NII 7,40,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,40,000 | 50.00% | 47.44% |
| Retail Shares Offered | 7,40,000 | 50.00% | 47.44% |
| Firm Reservations | |||
| Market Maker Shares Offered | 80,000 | 5.13% | |
| Total Shares Offered | 15,60,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| 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 |
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.
| 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 | 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 |
| KPI | |
|---|---|
| RoNW | -0.19% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 72.04% |
| Market Cap | ₹5.58 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 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.21 |
| 2 | Printing & Stationery, Distribution, Postage, etc | 0.04 |
| 3 | Advertisement & Marketing Expenses | 0.03 |
| 4 | Regulatory & other expenses | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹10.25 |
| Low | ₹10.25 |
| High | ₹10.50 |
| Last Trade | ₹10.50 |
Lead Manager Reports
VMV Holidays IPO is a SME IPO of 15,60,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on Mon, Jun 29, 2015, and closes on Wed, Jul 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 Mon, Jun 29, 2015 and closes on Wed, Jul 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 Tue, Jul 14, 2015.
