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Open
29 Oct to 1 Nov, 2007
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Close
29 Oct to 1 Nov, 2007
3
Allotment
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Listing
Mon, Jul 1, 2019
Price Band
₹37 to ₹42
Issue Size
56,60,000 shares (agg. up to ₹24 Cr)
Lot Size
150 Shares
Listing Date
Mon, Jul 1, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 28.30x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To expand clinkerisation capacity of our company from present 420 TPD to 600 TPD and Cement Grinding Capacity from 460 TPD to 750 TPD; | 25.37 |
| 2 | Investment in subsidiary company : In our wholly owned Subsidiary, Badarpur Energy Pvt Limited., for setting up a biomass based power project at Badarpurghat, Assam; | 29.86 |
| 3 | To meet working capital requirement; | 1.69 |
| 4 | General corporate purpose; | 4.27 |
| 5 | To meet the expenses of the public issue | 2.53 |
About Barak Valley Cements IPO
Incorporated in 1999, Barak Valley Cements Limited (BVCL) is in the business of manufacturing cement under the brand name “Valley Strong Cement”. BVCL does most of the business in North Eastern region of India. BVCL's products include Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC) with current capacity of 460 TPD cement manufacturing. BVCL plant is located at Joom Basti, Devendranagar, Badarpurghat, District Karimganj, Assam.BVCL's income for fiscal 2005, 2006, 2007 were, Rs. 4916.59 Lacs, Rs. 5366.76 Lacs, Rs. 7438.02 Lacs respectively. PAT for fiscal 2005, 2006, 2007 were Rs. 1111.54 Lacs, Rs. 1237.10 Lacs and Rs. 1430.89 Lacs respectively.+ Read More
Contact Details
Barak Valley Cements Ltd. Address265, Sreemanta Market AnnexeA.T.RoadGuwahati, Assam, 781001(0361) 2637351ipo@barakcement.comVisit Website