VA Tech Wabag Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,803,789 (50%) | — | ₹23,630 Cr |
| NII (HNI) | — | 541,138 (15%) | — | ₹7,089 Cr |
| Retail | — | 1,262,654 (35%) | — | ₹16,541 Cr |
| Σ Total | — | 3,607,581 (100%) | — | ₹472,593 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 5 | ₹6,550 |
| Retail (Max) | 13 | 65 | ₹85,150 |
| S-HNI (Min) | 14 | 70 | ₹91,700 |
| B-HNI (Min) | 67 | 335 | ₹438,850 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding working capital requirements of the Company. – 64.50
- 2 Construction of a corporate office at Chennai – 34.74
- 3 General corporate purposes – 11.05
- 4 Implementation of global IT systems – 8.74
Company Overview
Incorporated in 1996, VA Tech Wabag is one of the world’s leading companies in the water treatment field. WABAG is multinational player provides turn-key solutions for water and waste water treatment to municipal and industrial users. Wabag has market presence in India, the Middle East, North Africa, Central and Eastern Europe, China and South East Asia.
WABAG offers complete life cycle solutions including conceptualization, design, engineering, procurement, supply, installation, construction and O&M services. They provide a range of EPC and O&M solutions for sewage treatment, processed and drinking water treatment, effluents treatment, sludge treatment, desalination and reuse for institutional clients like municipal corporations and companies in the infrastructure sector such as power, steel and oil and gas companies. As at July 2010, Company has executed 113 projects and is currently executing 81 projects.