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Vascon Engineers Ltd.

Vascon Engineers Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹185
₹185
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹185
Based on GMP
Min. Investment
₹6,475
1 lot × 35 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
27 Jan 2010
Close Date
29 Jan 2010
Allotment
04 Feb 2010
Listing Date
15 Feb 2010
Exchange
NSE & BSE
Price Band
₹185
Listing Price
See chart
Allotment Status
Price Band
₹185
Per share
Face Value
₹10 per share
 
Lot Size
35 Shares
per lot
Issue Size
1,08,00,000 shares (aggregating up to ₹178.20 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹6,475
1 lot
Pre-IPO Holding
7,92,16,050 shares
Promoters
Post-IPO Holding
9,00,16,050 shares
Promoters
UPI Deadline
2010-01-29
Mandate
Anchor AllotmentTue, 26 Jan 2010
Basis of AllotmentThu, 04 Feb 2010
Refund InitiationFri, 05 Feb 2010
Demat CreditFri, 05 Feb 2010
Listing DayMon, 15 Feb 2010
UPI Mandate Deadline2010-01-29
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Vascon Engineers Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Jan 2010.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
10,800,000
100% ₹199.80
IPO Shares Offered
Vascon Engineers Ltd. IPO total issue size: ₹199.80 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 10,800,000 ₹199.80
100.00%
* Based on upper price band ₹185 per share
Lot Size & Investment
Lot Size
35
Shares per Lot
Issue Price
₹185.00
Upper Band
Min Investment
₹6,475
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)270₹12,950
Retail (Max — 30 Lots)301,050₹194,250
S-HNI (Min — 31 Lots)311,085₹200,725
B-HNI (Min — 155 Lots)1555,425₹1,003,625
* Issue Price ₹185 × Lot Size 35 shares
IPO Schedule
Anchor
26 Jan 2010
✓ Done
IPO Open
27 Jan 2010
✓ Done
IPO Close
29 Jan 2010
✓ Done
Allotment
04 Feb 2010
✓ Done
Refunds
05 Feb 2010
✓ Done
Demat Credit
05 Feb 2010
✓ Done
Listing Day
15 Feb 2010
✓ Done
Vascon Engineers Ltd. — Live Price LIVE
₹185.00
INR · BSE
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Issue ₹185.00 Live Price
About Vascon Engineers Ltd.
Incorporated in 1986, Vascon Engineers Limited is engineering, procurement and construction services and real estate Development Company with operations in a number of states and union territories in India. Vascon have significant experience of 23 years in providing EPC services which include, constructing factories, hospitals, hospitality properties, office and residential complexes, shopping malls, multiplexes, IT parks and other buildings.Vascon Engineers third party EPC clients include well-known Indian and multi-national companies such as Cipla Limited, Emcure Pharmaceuticals Limited, Zensar Technologies Limited, Kirloskar Brothers Limited, Symbiosis, Okasa Pharma Private Limited, PTC Software (India) Private Limited and Goa Institute of Management. They have also provided EPC services to their Subsidiaries and the Other Development Entities’ projects, such as Marigold, Marisoft Annex, Weikfield IT Citi Infopark, Vista and Zircon.In addition to developing and providing EPC services for real estate projects, Vascon also continue to own or operate certain projects subsequent to their completion. For example, they own the Vista do Rio, Vascon own an interest in the Galaxy Resorts in Goa, the Golden Suites service apartment complex in Pune, and Marigold Premises Private Limited, which owns and operates the Mariplex mall and office complex. Additionally they are involved in developing a multi-level car parking for Delhi International Airport.
Objects of the Issue
1
1 Construction of our EPC contracts and real estate development project
2
2 Repayment of debt
3
3 General corporate purposes
Vascon Engineers Ltd. Financials (Amount in ₹ Crore)
Revenue from Operations
₹399.2
31-Mar-07
₹620.5
31-Mar-08
₹524.8
31-Mar-09
Profit After Tax (PAT)
₹46.6
31-Mar-07
₹59.5
31-Mar-08
₹19.3
31-Mar-09
Particulars31-Mar-0931-Mar-0831-Mar-07
Revenue from Operations 524.75 620.53 399.24
EBITDA N/A N/A N/A
Profit After Tax (PAT) 19.26 59.50 46.62
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
6.9%
RoNW
7.85%
Issue Structure & Shareholding
Total Shares Offered1,08,00,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding7,92,16,050 shares
Post-Issue Promoter Holding9,00,16,050 shares
P/BV RatioN/A
RoE6.9%
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
Kotak Mahindra Capital Co.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Vascon Engineers Ltd. IPO subscribed?

Vascon Engineers Ltd. IPO is subscribed 1.00 times by Jan 29, 2010. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Vascon Engineers Ltd. IPO retail subscription status?

The Vascon Engineers Ltd. IPO retail category is subscribed 1.00 times as of 29 Jan 2010. The retail portion is oversubscribed.

How to subscribe Vascon Engineers Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 27 Jan 2010 and closes 29 Jan 2010. Min investment: ₹6,475 (1 lot = 35 shares). UPI mandate: 2010-01-29.

How many times Vascon Engineers Ltd. IPO subscribed?

The Vascon Engineers Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Vascon Engineers Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Feb 2010. Refunds: on 05 Feb 2010.

When Vascon Engineers Ltd. IPO will be listed?

The Vascon Engineers Ltd. IPO listing date is 15 Feb 2010, Monday. Listed on: NSE & BSE. Issue price: ₹185. Estimated listing: ₹185. GMP: NIL.

When Vascon Engineers Ltd. IPO close?

The Vascon Engineers Ltd. IPO closes on 29 Jan 2010, Friday. UPI mandate: 2010-01-29. Allotment: 04 Feb 2010. Listing: 15 Feb 2010.