IPO Issue Details
Issue Price / Price Band₹25 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size51,00,000 shares (aggregating up to ₹12.75 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 12 Aug 2013
Subscription CloseFri, 16 Aug 2013
Anchor AllotmentSun, 11 Aug 2013
Basis of AllotmentThu, 22 Aug 2013
Initiation of RefundsFri, 23 Aug 2013
Credit of Shares to DematFri, 23 Aug 2013
Listing DateFri, 30 Aug 2013
UPI Mandate Deadline2013-08-16
Application & Investment Details
Retail — Min (1 Lots)₹1,50,000 — 6,000 shares
Retail — Max (13 Lots)₹1,950,000 (13 Lots)
HNI — Min (2 Lots)₹3,00,000 — 12,000 shares
Net Offer to Public48,36,000 shares (aggregating up to ₹12.09 Cr)
Reserved for Market Maker2,64,000 shares (aggregating up to ₹0.6600 Cr)
Pre-IPO Promoter Holding1,27,49,770 shares
Post-IPO Promoter Holding1,78,49,770 shares
About VKJ Infradevelopers Ltd.
Incorporated in 2010, VKJ Infradevelopers Ltd(VIL) is engaged in the business of Land Development, Civil Construction and trading in construction materials, primarily soils and sands.Company mainly provides civil construction, land & site development services and trading of construction materials. At present they are looking for some land for future projects in Delhi, Noida, and NCR region. They are also negotiating with other Construction Companies/ Developers to finalise joint venture projects with them. Also they are doing re doing land leveling works from the last few years with ISP Construction Private Limited.Services provided by VKJ Infradevelopers are:1. Civil Construction and trading in construction materials2. Primarily soils and sands3. Land and site development4. Land filling, fencing walls etc.5. Land Development
Objects of the Issue
VKJ Infradevelopers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To meet the fund requirements for execution of the Ongoing and Forthcoming Projects and other working capital requirements
10.65
2
2 General Corporate Purposes
1.50
3
3 Public Issue Expenses
0.60
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,27,49,770 shares
Post-IPO Promoter Holding
1,78,49,770 shares