VKS Projects to list shares on July 18

The issue price has fixed at lower end of price band of Rs 55-60 a share.

The proceeds raised through this Rs 55-crore public issue, had managed to get fully subscribed, are proposed to be deployed to meet long-term working capital requirements besides financing the procurement of construction equipment and key machineries and the setting up of engineering design studio/office and training centre in Chennai, Cochin, Delhi, Hyderabad and Ahmedabad.

VKS Projects is engaged in the business of undertaking EPC contracts of CS/SS/alloy steel turnkey piping, civil land development, industrial / commercial infra projects, structural fabrication and erection of equipments, fire fighting projects and commissioning of chemical plants.