Registered Office:
3rd Floor Gayways House,Pee Pee Compound,
Ranchi -
834001,
Jharkhand, India.
Phone : 91-0651-3594782 Fax:
Email : info@vedantasset.in
Website : www.vedantasset.com
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| Initial public offer of upto 7,50,000 equity shares of face value of
Rs. 10/- each (the "Equity Shares") of Vedant Asset Limited ("The Company" or "The Issuer") at an issue price of Rs. 40 per equity share for cash, aggregating up to Rs. 3.00 crores ("public issue") out of which 42000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 40 per equity share for cash, aggregating Rs. 0.17 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). the public issue less market maker reservation portion i.e. issue of 708000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 40 per equity share for cash, aggregating upto Rs. 2.83 crores is here in after referred to as the "Net Issue". The public issue and net issue will constitute 27.16% and 25.64 % respectively of the post- issue paid-up equity share capital of the company.
The face value of the equity shares is Rs. 10 each and the issue price is Rs. 40 per equity share. The issue price is 4 times the face value.
Minimum application size of 3000 equity shares and in multiples of 3000 equity shares thereafter.
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 30-Sep-22 |
04-Oct-22 |
40.00-0.00 |
0.00-0.00 |
|
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Minimum Application for shares in Nos :
3000
Further Multiples of :
3000
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| |
Rs Cr |
Lead Managers to the Issue |
| Project Cost |
2.59 |
Hem Securities Ltd
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| Project Financed through Current Offer |
3.00 |
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| Post Issue Equity Share Capital |
2.76 |
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| Issue Price |
40.00 |
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