
V-Marc India Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
The Initial Public Offering of V-Marc India Limited's culminated in its successful listing on Apr 09, 2021 at the NSE trading platform. The company secured 60,00,000 Shares through this capital market exercise, withTBD allocated to new capital formation.
Investors participated within the price parameters of ₹37 to ₹39, with minimum investment requirements of 3000 shares. The subscription period from Mar 25, 2021 to Mar 31, 2021 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Apr 06, 2021. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2014, V-Marc India Limited manufactures and markets a wide range of wires and cables under the brand name "V-Marc." Its product portfolio includes single and multi-strand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, wires, and aerial bunched cables. The company supplies its products through government tenders, EPC contractors for turnkey projects, and a dealer-distribution network, serving industries such as power, real estate, railways, and telecom. As of December 31, 2020, it has a network of 650+ dealers across 12 states. V-Marc India operates two manufacturing facilities in Haridwar, Uttarakhand, with an aggregate installed capacity of 71,100 km per annum and plans to set up an additional facility with 11,520 km annual capacity.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Diversified Portfolio: Offers a wide range of wires and cables.
- Geographically Spread Customers: Serves clients across multiple regions.
- Strong Distribution Network: Well-established dealer network.
- Experienced Management: Led by a skilled and dedicated team.
NA
- Vikas Garg
- Meenakshi Garg
V-Marc India Limited
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