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SME: VCU Data Management IPO's subscription begins

VCU Data Management is the owner and provider of rights for one of the world's most unique interactive audio/video live streaming hardware/software solutions for the masses at high quality and low bandwidth.

September 30, 2013 / 18:00 IST
     
     
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    Moneycontrol Bureau


    VCU Data Management's public issue of 75 lakh equity shares of Rs 10/- each has opened for subscription today, and the same will close on October 08, 2013. The issue price is fixed at Rs 25 per share.


    The equity shares are proposed to be listed on the SME platform of the BSE Limited.


    VCU Data Management is the owner and provider of rights for one of the world's most unique interactive audio/video live streaming hardware/software solutions for the masses at high quality and low bandwidth.


    The objects of the issue are to augment capital base and provide for fund requirements for meeting the working capital requirements, implementing marketing initiatives and for acquiring fixed assets.

    Networth Stock Broking Limited is the book running lead manager and Sharepro Services (I) Pvt Limited is the registrar to this issue.

    first published: Sep 30, 2013 05:59 pm

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