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Veto Switchgears and Cables

Description Veto Switchgears and Cables is engaged in the manufacture and sale of wires & cables and electrical accessories in India.... More »

Address D-2, First Floor, Malad Industrial Estate, Ramchandra Lane Extn. Kanchpada, Malad (West), Mumb Pincode : 400064

Number of Times Issue is Subscribed (BSE + NSE)

As on Date QIB NII RII EMP Total

Issue Terms

Issue price / Floor Price (Rs) 48-50
Application per share (Rs) 48.00
Minimum investment amount (Rs) 144,000.00
Minimum bid (no of shares) 3000 shares and in multiples of 3000 thereafter
Maximum Shares for Retail 3000

Issue Date and Size

Issue opens 03-Dec-12
Issue closes 05-Dec-12
Listing on NSE SME platform
Issue size (Rs cr) 25
Mkt cap at issue price (Rs cr) N.A.

Lead Managers & Registrar

Lead Manager E-mail
Keynote Corporate Services Limited project.switchgears@keynoteindia.net
Indian Overseas Bank mbd@iobnet.co.in
Registrar Bigshare Services Private Limited
E-mail ipo@bigshareonline.com

Shares on Offer

Shares on Offer Lakhs
Total shares offered N.A.
Of above, offered to public N.A.
Post-issue shares N.A.
Post-issue promoters' holding(%) N.A.

Company Financials (Rs cr)

Financials Crore
No of months 3
Turnover 17.54
Net profit / (loss) 1.72
Borrowings 0.71

Objects of Issue

    • >Modernisation of existing facility at Hardwar, Uttarakhand;
    • >To finance incremental long-term working capital requirement;
    • >Enhancement of our Company’s brand through advertising and other brand-building activities;
    • >General corporate purposes

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