VKS Projects Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 5,000,000 (50%) | — | ₹3,000 Cr |
| NII (HNI) | — | 1,500,000 (15%) | — | ₹900 Cr |
| Retail | — | 3,500,000 (35%) | — | ₹2,100 Cr |
| Σ Total | — | 10,000,000 (100%) | — | ₹60,000 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 | 100 | ₹6,000 |
| Retail (Max) | 13 | 1,300 | ₹78,000 |
| S-HNI (Min) | 14 | 1,400 | ₹84,000 |
| B-HNI (Min) | 67 | 6,700 | ₹402,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 |
|---|---|---|---|
| Revenue | 6,025 | 3,024 | 1,079 |
| Profit After Tax | 316 | 200 | 19 |
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 To meet long – term working capital requirements – 15.00
- 2 To finance the procurement of Construction Equipment and Key Machineries – 22.64
- 3 To finance the setting up of Engineering Design Studio/Office and Training Centre in Chennai, Cochin, Delhi, Hyderabad and Ahmedabad – 10.00
- 4 For General Corporate Purposes – 4.86
- 5 To meet Issue expenses – 2.50
Company Overview
Incorporated in 1998, VKS Projects Ltd is a Navi Mumbai based Engineering Procurement and Construction Company (EPC Contractor) engaged in the business of undertaking EPC Contracts of CS/SS/Alloy Steel Turnkey Piping, Civil Land Development, Industrial / Commercial Infra Projects, Structural Fabrication and Erection of Equipments, Fire Fighting Projects and Commissioning of Chemical Plants for various industries including but not limited to Chemicals, Oil and Gas (on-shore and offshore), Refinery, Petrochemicals, Dyestuff, Pharma & Bulk Drugs, Metallurgy, Power and Textiles.
Company area of expertise are Fabrication & Erection of Key Industry Equipments/Plants including Reaction Vessels, Auto Claves, Vacuum Tray Driers, Storage Tanks, Chilling Plants, Hydrogenerators, Fire Fighting Units, Heat Exchangers/Condensers, Rotary Vacuum Tray Driers, Centrifuges, WHR boilers, Crystallizers, Scrubbers, Distillation Units, and Flakers etc.