VKS Projects

VKS Projects has launched an IPO of Equity Shares of Rs.10 face value each.

VKS Projects, incorporated in 1998, is a Navi Mumbai based Engineering Procurement and Construction Company, engaged in the business of undertaking EPC Contracts of CS/SS/Alloy Steel Turnkey Piping, Civil Land Development, Industrial / Commercial Infra Projects, Structural Fabrication and Erection of Equipments, Fire Fighting Projects and Commissioning of Chemical Plants for various industries.

The objects of the issue are:

1. To meet long-term working capital requirements.
2. To finance the procurement of Construction Equipment and Key Machineries.
3. To finance the setting up of Engineering Design Studio/Office and Training Centre in Chennai, Cochin, Delhi, Hyderabad and Ahmedabad.
4. For General Corporate Purposes; and
5. To Meet Issue Expenses

Issue Detail:

Issue Open: Jun 29, 2012 - Jul 04, 2012
Issue Type: 100% Book Built Issue IPO
Issue Size: Equity Shares of Rs. 10
Issue Size: Rs. 55.00 Crore
Face Value: Rs. 10 Per Equity Share
Issue Price: Rs. 55 - Rs. 60 Per Equity Share
Market Lot: 100 Shares
Minimum Order Quantity: 100 Shares
Listing At: BSE, NSE