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VMS Industries Limited IPO
VMS Industries Limited IPO Allotment Status
The company was originally incorporated under the name of Varun Management Services Private Limited on 2nd December 1991 with the Registrar of Companies, Gujarat ( Dadar & Nagar Haveli). The name of our company was changed to VMS INDUSTRIES PRIVATE LIMITED with effect from 22nd May 2007. Pursuant to our Company being converted into a Public Limited Company, the word “Private” was deleted from the name of our Company by necessary resolution passed on 31st December 2009. The company on its incorporation started the business activity in the nature of providing different kinds of financial and consulting services and later on diversified into the ship recycling and Off- shore activities
Currently the company is engaged in the following activities :
1. Ship Recycling Activities
2. Off – shore Support Business Activities
3. Investment in Joint Venture with Eternal Automobiles
Company Promoters: The promoters of VMS Industries are:
1. Mr. Ajit Kumar Jain, aged 76 years, is the Managing Director of the Company.
2. Mr. Manoj Kumar Jain, aged 48 years, is the Director of the Company.
3. Mrs. Sangeeta Jain, aged 42 years, is the Whole Time Director of the Company.
Issue Detail:
Issue Open: May 30, 2011 - Jun 02, 2011
Issue Type: 100% Book Built Issue IPO
Issue Size: Equity Shares of Rs. 10
Issue Size: Rs. 25.75 Crore
Face Value: Rs. 10 Per Equity Share
Issue Price: Rs. 36 - Rs. 40 Per Equity Share
Market Lot: 160 Shares
Minimum Order Quantity: 160 Shares
Listing At: BSE
IPO Subscription Detail / IPO Oversubscription Details / IPO Bidding Status:
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Number of Times Issue is Subscribed (BSE + NSE) |
|
Date & Time |
QIB |
Non Institutional Investors (NIIs)
|
Retail Individual Investors (RIIs)
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|
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Shares Offered / Reserved |
3,576,389 |
1,072,917 |
2,503,472 |
7,152,778 |
|
Day 1 - May 30, 2011 |
0.0000 |
0.2100 |
0.9500 |
0.3700 |
|
Day 2 - May 31, 2011 |
0.0000 |
0.2100 |
1.0600 |
0.4000 |
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Day 3 - June 1, 2011 |
0.0000 |
0.3500 |
1.4300 |
0.5500 |
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Day 3 - June 2, 2011 |
0.0000 |
1.1100 |
3.4100 |
1.3600 |
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