V-Marc India Limited IPO
NSE SME₹117,000 / 3000 Shares
V-Marc India Limited IPO Details
The V-Marc India Limited IPO price band is set between ₹37 to ₹39 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 25 Mar, 2021 and closes on 31 Mar, 2021. Investors can check the allotment status on 6 Apr, 2021, while the listing date is tentatively scheduled for 9 Apr, 2021.
The total issue size is 6,000,000 Eq Shares of ₹10 , aggregating up to ₹23.40 Cr. Stay tuned for the latest V-Marc India Limited IPO review and GMP updates.
V-Marc India Limited IPO Review, Rating & Analysis
V-Marc India Limited IPO Review
NO REVIEWV-Marc India Limited IPO Rating
V-Marc India Limited IPO Highlights
IPO Date
Mar 25, 2021 - Mar 31, 2021
Listing Date
9 Apr, 2021
Face Value
₹10 Per Equity Share
Price Band
₹37 to ₹39 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
V-Marc India Limited IPO Lot Size
The minimum market lot for V-Marc India Limited IPO is 3000 shares with an application amount of ₹1,17,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,17,000 |
| Retail (Max) | 1 | 3000 | ₹1,17,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,34,000 |
| S-HNI (Max) | 8 | 24000 | ₹9,36,000 |
| B-HNI (Min) | 9 | 27000 | ₹10,53,000 |
V-Marc India Limited IPO Timeline
Issue Price
₹37 to ₹39 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Pantomath Capital Advisors Pvt LtdIssue Size
6,000,000 Eq Shares of ₹10 (aggregating up to ₹23.40 Cr)Promoters & Share Holding
Promoter(s) Name
- Vikas Garg
- Meenakshi Garg
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A% | N/A% |
About Company
V-Marc India Limited is engaged in the business of manufacturing and marketing wires and cables under the brand name of "V-Marc". The company manufactures and sells a diversified range of wires and cables i.e. single & multistrand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, wires, and aerial bunched cables, etc.
The company sells its products through multiple channels; 1. government tenders to supply products for government projects, 2. supply to EPC contractors for turnkey projects, and 3. dealer and distribution network to directly sell to private companies. It supplies its products across industries i.e. power, real estate, railways, and telecom sector. As of Dec 31, 2020, it has a strong network of 650+ dealers across 12 states.
The firm has two manufacturing facilities located at Haridwar, Uttarakhand with an aggregate installed capacity of 71,100 KM p.a and also proposes to set-up a new manufacturing facility with a total capacity of 11,520 km p.a.
V-Marc India Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,850,000 | 2,850,000 | 5,700,000 |
Day 1 -25-03-21 07:00 PM | 1.00 x | 0.05 x | 0.52 x |
Day 2 -26-03-21 05:00 PM | 1.08 x | 0.24 x | 0.66 x |
Day 3 -30-03-21 05:00 PM | 1.22 x | 0.63 x | 0.93 x |
Day 4 -31-03-21 05:00 PM | 1.44 x | 1.80 x | 1.62 x |
Frequently Asked Questions about V-Marc India Limited IPO IPO
When will V-Marc India Limited IPO open for subscription?
The V-Marc India Limited IPO opens on 25 Mar, 2021 and closes on 31 Mar, 2021.
What is the investors portion for V-Marc India Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2850000.
How to apply for V-Marc India Limited IPO?
You can apply for V-Marc India Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of V-Marc India Limited IPO?
The issue size of V-Marc India Limited IPO is approx ₹6,000,000 Eq Shares of ₹10 (aggregating up to ₹23.40 Cr) crores.
What is the price band of V-Marc India Limited IPO?
The price band for V-Marc India Limited IPO is ₹37 to ₹39 per equity share to ₹undefined.
What is the lot size of V-Marc India Limited IPO?
The minimum bid (lot size) for V-Marc India Limited IPO is N/A shares with an investment of approx ₹117,000 .
What is the allotment date of V-Marc India Limited IPO?
The allotment date for V-Marc India Limited IPO is 6 Apr, 2021.
What is the listing date of V-Marc India Limited IPO?
The listing date for V-Marc India Limited IPO is expected to be 9 Apr, 2021.
What is the GMP of V-Marc India Limited IPO?
The latest Grey Market Premium (GMP) for V-Marc India Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.