Issue Price
₹40
Per Share
GMP
NIL
Grey Market
Est. Listing
₹40
Expected Price
Min. Application
₹12,800
2 lots × 160 shares
Incorporated in 1991, VMS Industries Ltd on its incorporation started the business activity in the nature of providing different kinds of financial and consulting services and later on diversified into the ship recycling and off-shore activities.VMS Industries has an integrated yard for ship recycling of ships and offshore business support activities, catering to customers in India and overseas. Currently the company mainly consists of two business segments:1. Ship Recycling Activities;2. Offshore Support Business Activities.
VMS Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 6,437,500 | 100.00% | ₹25.75 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 160 | ₹6,400 |
| Retail (Max) | 2 | 320 | ₹12,800 |
| sNII (Min) | 32 | 5,120 | ₹204,800 |
| bNII (Min) | 157 | 25,120 | ₹1,004,800 |
| Particulars | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue from Operations | 3609.14 | 146.19 | 13.79 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 260.72 | 72.44 | 3.44 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |