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As On 20-Mar-2023 EOD, Market Closed
SENSEX
57,628.95
-360.95 (-0.62%)
NIFTY
16,988.40
-111.65 (-0.65%)
    No Companies Visited

IPO Synopsis

Vedant Asset Ltd

Registered Office: 3rd Floor Gayways House,Pee Pee Compound , Ranchi - 834001 , Jharkhand , India.
Phone : 91-0651-3594782
Fax :
Email :  info@vedantasset.in  
Website :  www.vedantasset.com
Initial public offer of upto 7,50,000 equity shares of face value of (Rs)10/- each (the "Equity Shares") of Vedant Asset Limited ("The Company" or "The Issuer") at an issue price of (Rs)40 per equity share for cash, aggregating up to (Rs)3.00 crores ("public issue") out of which 42000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)40 per equity share for cash, aggregating (Rs)0.17 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). the public issue less market maker reservation portion i.e. issue of 708000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)40 per equity share for cash, aggregating upto (Rs)2.83 crores is here in after referred to as the "Net Issue". The public issue and net issue will constitute 27.16% and 25.64 % respectively of the post- issue paid-up equity share capital of the company. The face value of the equity shares is (Rs)10 each and the issue price is (Rs)40 per equity share. The issue price is 4 times the face value. Minimum application size of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Issue Money Payable On
Opened On Closed On Offer Price Application Money Allotment Money
30-Sep-22 04-Oct-22 (  )40.00 (  )40.00 (  )0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (   Cr) Lead Managers to the Issue
Project Cost 2.59
Hem Securities Ltd
Project Financed through Current Offer 3.00  
Post Issue Equity Share Capital 2.76  
Face Value 10  
Issue Price (  )40.00  
 
Projects
Financing the expendditure for business expansionGeneral corporate purposes
To meet working capital requirements
Promoted By
Lallit Tripathi  
Priyanka Maheshwari  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd 
 
 

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Flash News 20-Mar-2023
  •  ( 17:14) Udayshivakumar Infra IPO subscribed 58%  
  •  ( 15:52) Indices end with modest losses; Nifty holds 18,950; VIX spurts over 8%  
  •  ( 15:46) JK Tyre allots CCDs worth Rs 240 cr  
  •  ( 15:23) RVNL emerges L-1 bidder for NHAI project worth Rs 1,272 cr  
  •  ( 14:44) Krsnaa Diagnostics emerges lowest bidder in Rajasthan tender  
  •  ( 14:38) Nifty below 16,950 level; IT stocks decline  
  •  ( 13:56) Cabinet approves listing of IREDA on stock exchange  
  •  ( 13:15) Ahluwalia Contracts bags order worth Rs 723 crore  
  •  ( 12:23) BPCL raises Rs 935 cr via NCDs, appoints Krishnakumar Gopalan as CMD  
  •  ( 12:21) Havells India commences production of ACs at Sri-City facility  
  •  ( 12:08) Fiem Inds inks MoU with Gogoro Taiwan's Indian unit for 2-wheeler EV products  
  •  ( 11:48) SJVN bags 200 MV solar project from MSEDC  
  •  ( 11:34) Benchmarks off day's low; Sensex down 544 pts; PSU banks slide  
  •  ( 11:20) Tata Consumer ceases talks with Bisleri for potential acquisition  
  •  ( 11:02) Paras Defence bags order worth Rs 64 cr from CSIR  
  •  ( 10:54) JSPL gets licence from BIS to manufacture fire resistant steel  
  •  ( 10:43) Godawari Power board OKs Rs 250-cr share buyback  
  •  ( 10:40) Sumitomo Chemical restarts production at Bhavnagar site  
  •  ( 10:35) Market extends losses; metals shares decline  
  •  ( 10:15) Cochin Shipyard bags order for zero emission feeder container vessels  
  •  ( 10:09) Torrent Pharma's Gujarat facility gets one USFDA observation  
  •  ( 10:00) SKF India inks pact to acquire Cleanmax Taiyo  
  •  ( 09:48) Tata Steel hikes stake in Tata Steel Advanced Materials  
  •  ( 09:44) Indices drift lower in early trade; Nifty below 16,950  
  •  ( 09:38) RVNL emerges as L1 bidder for HORC project worth Rs 1,088 cr  
  •  ( 09:25) Market breadth was negative  
  •  ( 08:45) UBS buys Credit Suisse in $3.2 billion takeover  
  •  ( 08:34) China leaves 1-year and 5-year loan prime rates unchanged  
  •  ( 08:24) Most Asian stocks trading lower  
Show News
20 March 2023 00:00
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