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Open
28 Sep to 1 Oct, 2015
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Close
28 Sep to 1 Oct, 2015
3
Allotment
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Listing
Fri, Oct 16, 2015
Price Band
₹26 per share
Issue Size
24,00,000 shares (agg. up to ₹6 Cr)
Lot Size
4,000 Shares
Listing Date
Fri, Oct 16, 2015
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.09x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Finance the setting up of Vehicle Service Centre at Sonepat, Haryana | 0.51 |
| 2 | Meet Long Term Working Capital Requirements of the company | 3.01 |
| 3 | Invest in the subsidiary company –Vaksons Metaplast Pvt. Ltd | 1.83 |
| 4 | Land Registration | 0.35 |
About Vaksons Automobiles IPO
Vaksons Automobiles is an authorised dealer for Force Motors Ltd. The Company sells and services Light Commercial Vehicles (LCV), Multi-Utility Vehicles (MUV), and Small Commercial Vehicles (SCV Vehicles). Vaksons Automobiles has 3 showrooms of Force Motors at Sonepat, Panipat and Gohana within the state of Haryana. Company also has in-house service centre at Sonepat for the servicing and other after-sales needs.Apart from the vehicle dealership business, Vaksons Automobiles have also been involved in trading of vehicle spare parts and utilities of branded as well as generic products forming part of the auto value chain. Vaksons Automobiles have recently incorporated a subsidiary company in the name and style of 'Vaksons Metaplast Pvt. Ltd.' in order to undertake trading in auto parts, HDPE and LDPE polymer, aluminium scrap, and other metal and plastic items on a larger scale.+ Read More
Contact Details
Vaksons Automobiles Ltd. Address105, 1st Floor, Barodia Tower, Plot No 12D BlockCentral Market Prashant ViharNew Delhi, New Delhi, 110085+91 9354833999info@vaksonsautomobiles.inVisit Website