Vishal Bearings IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 3.24 Cr. The company is based in Rajkot and caters to Engineering sector. Hem Securities is the merchant banker of Vishal Bearings IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th September 2015.
Vishal Bearings IPO open date is 28th September 2015 and close date is 30th September 2015. IPO Allotment Date is 30th November -0001 and Listing date is 15th October 2015.Vishal Bearings IPO size is ₹ 3.24 Cr. with IPO price of ₹ 25.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Vishal Bearings IPO. Kfin Technologies Limited is the Registrar and Market Maker is Hem Securities Limited for Vishal Bearings IPO.
Vishal Bearings IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Vishal Bearings IPO, based in Rajkot, operates in the Engineering sector with a focus on manufacturing of taper rollers cylindrical rollers spherical rollers. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Vishal Bearings IPO size is ₹ 3.24 Cr. with fresh issue size of ₹ 3 and Offer for sale being ₹ Nil
The IPO allotment date for Vishal Bearings IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Vishal Bearings IPO allotment status on the registrars website, Kfin Technologies Limited . Vishal Bearings IPO refund dates are 30th November -0001.
Vishal Bearings IPO is expected to be listed on 15th October 2015.
The upper price band for the Vishal Bearings IPO is set at ₹ 25.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Vishal Bearings IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Vishal Bearings IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 30th September 2015. After submission, funds are blocked until the basis of allotment of Vishal Bearings IPO is finalised.
The merchant banker for Vishal Bearings IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Vishal Bearings IPO RHP for further details.
The registrar for Vishal Bearings IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Vishal Bearings IPO through their official website or helpline.
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Vishal Bearings IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Vishal Bearings Financial Review Page
Merchant Banker(s) of Vishal Bearings IPO: Hem Securities Limited
Vishal Bearings IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Vishal Bearings IPO listed at a listing price of 27.30 against the offer price of 25.00.
The current market price of Vishal Bearings is 86.69.
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