Vishal Bearings Ltd. IPO
Issue Price
₹25
GMP
—
Lot Size
6,000
Face Value
₹10
Issue Size
1,296,000 shares (aggregating up to ₹3 Cr)
Subscription
—
IPO Timeline
Open Date28-Sep-15
Close Date30-Sep-15
Allotment-
Refund Initiation-
Demat Credit-
UPI Mandate Deadline30-Sep-15
Listing Date15-Oct-15
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 612,000 (47%) | — | ₹153 Cr |
| Retail | — | 612,000 (47%) | — | ₹153 Cr |
| Market Maker | — | 72,000 (6%) | — | ₹2 Cr |
| Σ Total | — | 1,296,000 (100%) | — | ₹3,240 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹25
Face Value₹10
Lot Size6,000 shares
Issue Size1,296,000 shares (aggregating up to ₹3 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeBSE SME
Sale TypeFresh Capital
Script Code—
Net Offer to Public1,224,000 shares (aggregating up to ₹3 Cr)
Amount InRs Cr
Stock Price History · BSE
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹150,000 |
| Retail (Max) | 13 | 78,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 84,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 402,000 | ₹10,050,000 |
Retail1 lot(s)6,000 shares₹150,000
S-HNI2 lot(s)12,000 shares₹300,000
Valuation & Key Ratios
ROE—
ROCE—
RONW39%
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS—
Post EPS—
Pre P/E—
Post P/E—
Grey Market Premium (GMP)
—
Current 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 To Meet Working Capital Requirement – 2.86
- 2 Public Issue Expenses – 0.38
Company Overview
Incorporated in 1992, Vishal Bearings Ltd is Rajkot, Gujarat based manufacturer of bearing rollers. Company manufacture taper bearing rollers, cylindrical bearing rollers, spherical bearing rollers and supply it to reputed bearing manufacturer and OEM across India. Vishal Bearings also exports bearing rollers.
Entire process of manufacturing bearing rollers is done in-house which ensures quality product and timely delivery. Vishal Bearings is certified as ISO 9001:2008 & ISO/TS 16949:2002.
Company Information
AddressSurvey No 22/1, Plot No 1, Shapar Main Road, Shapar (Veraval), Rajkot, Gujarat, 360002