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Open
3 Dec 2012
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Close
5 Dec 2012
3
Allotment
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Listing
Mon, Feb 13, 2012
Price Band
₹48 to ₹50
Issue Size
50,01,000 shares (agg. up to ₹25 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Feb 13, 2012
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.57x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Modernisation of existing facility at Hardwar, Uttarakhand | 4.70 |
| 2 | Incremental long-term working capital requirement | 15.80 |
| 3 | Enhancement of our Company’s brand through advertising and other brand-building activities | 2.00 |
| 4 | General Corporate Purposes | 1.00 |
| Total | 23.50 |
About Veto Switchgears IPO
Incoporated in 2007, Veto Switchgears and Cables Ltd is an ISO 9001:2008 certified company, engaged in the manufacture and sale of wires & cables and electrical accessories in India. Veto Switchgears product portfolio ranges from industrial cables, stand cables to telephone & co-axial wires, from general switches to modular switches, from ceiling fans to rechargeable fans, compact fluorescent lamps and other electrical accessories.Veto Switchgears manufacturing unit located in Hardwar, Uttarakhand. Veto Switchgears supply their products under the brands "VETO" and "VIMAL POWER".+ Read More
Contact Details
Veto Switchgears & Cables Ltd. AddressD-2, First Floor, Malad Industrial EstateRamchandra Lane Extn.KanchpadaMalad (West)Mumbai, Maharashtra, 400064+91 22 2880 7704cfo@vetoswitchgears.comVisit Website