VMS Industries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,218,750 (50%) | — | ₹1,288 Cr |
| NII (HNI) | — | 965,625 (15%) | — | ₹386 Cr |
| Retail | — | 2,253,125 (35%) | — | ₹901 Cr |
| Σ Total | — | 6,437,500 (100%) | — | ₹25,750 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 | 160 | ₹6,400 |
| Retail (Max) | 13 | 2,080 | ₹83,200 |
| S-HNI (Min) | 14 | 2,240 | ₹89,600 |
| B-HNI (Min) | 67 | 10,720 | ₹428,800 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue | 3,609 | 146 | 14 |
| Profit After Tax | 261 | 72 | 3 |
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 Modernization of our Ship Recycling Plot – 5.58
- 2 Setting up of Corporate Office at Ahmedabad – 1.10
- 3 Long-term Working Capital Requirement – 17.40
Company Overview
Incorporated in 1991, VMS Industries Ltd on its incorporation started the business activity in the nature of providing different kinds of financial and consulting services and later on diversified into the ship recycling and off-shore activities.
VMS Industries has an integrated yard for ship recycling of ships and offshore business support activities, catering to customers in India and overseas. Currently the company mainly consists of two business segments:
1. Ship Recycling Activities;
2. Offshore Support Business Activities.