Vijaypd Ceutical Ltd - IPO

Vijaypd Ceutical Ltd IPO Details

Initial public offer of 55,00,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Vijaypd Ceutical Limited (the Company or Vijaypd or the Issuer) for cash at a price of Rs.35/- per equity share including a share premium of Rs.25/- per equity share (the Issue Price) aggregating to Rs.19.25 crores (the Issue), of which 2,84,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 35/- per equity share including a share premium of Rs. 25/- per equity share aggregating to Rs. 0.99 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of 52,16,000 equity shares of face value of Rs. 10/- each at a price of Rs. 35/- per equity share including a share premium of Rs. 25/- per equity share aggregating to Rs. 18.26 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 28.16% and 26.71% respectively of the post issue paid up equity share capital of the company.Price Band: Rs. 35/- for equity share of face value of Rs. 10 each.The floor price is 3.50 times times the face value times of the face value of the equity shares.Bids can made for a minimum of 8,000 equity shares and in multiples of 4,000 equity shares thereafter.

Objective of issue

Funding of capital expenditure requirements of our company towards the construction of Pharmaceutical API/ Intermediates and Chemicals manufacturing plant and purchase of new machineries in MIDC. Repayment/prepayment of all or certain of our borrowings availed of by our Company. General corporate purposes.

Vijaypd Ceutical Ltd Contact Details

Vijaypd Ceutical Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - investors@vijaypdceutical.com

Website - www.vijaypdceutical.com