
✓
Open
27 Jan 2010
✓
Close
29 Jan 2010
3
Allotment
—
✓
Listing
Mon, Feb 15, 2010
Price Band
₹165 to ₹185
Issue Size
1,08,00,000 shares (agg. up to ₹178 Cr)
Lot Size
35 Shares
Listing Date
Mon, Feb 15, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.13x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Godrej Properties Ltd. | Mainboard | ₹468.85 Cr | ₹490 | null | ₹537.25 | +9.64% | ₹2,102.10 (+0.47%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Construction of our EPC contracts and real estate development project | 136.50 |
| 2 | Repayment of debt | 41.17 |
| 3 | General corporate purposes | 10.35 |
About Vascon Engineers IPO
Incorporated in 1986, Vascon Engineers Limited is engineering, procurement and construction services and real estate Development Company with operations in a number of states and union territories in India. Vascon have significant experience of 23 years in providing EPC services which include, constructing factories, hospitals, hospitality properties, office and residential complexes, shopping malls, multiplexes, IT parks and other buildings.Vascon Engineers third party EPC clients include well-known Indian and multi-national companies such as Cipla Limited, Emcure Pharmaceuticals Limited, Zensar Technologies Limited, Kirloskar Brothers Limited, Symbiosis, Okasa Pharma Private Limited, PTC Software (India) Private Limited and Goa Institute of Management. They have also provided EPC services to their Subsidiaries and the Other Development Entities’ projects, such as Marigold, Marisoft Annex, Weikfield IT Citi Infopark, Vista and Zircon.In addition to developing and providing EPC services for real estate projects, Vascon also continue to own or operate certain projects subsequent to their completion. For example, they own the Vista do Rio, Vascon own an interest in the Galaxy Resorts
Contact Details
Vascon Engineers Ltd. Address15/16, Hazari BaugL.B.S.Marg, Vikhroli (W)Mumbai, Maharashtra, 400083(91 22) 2578 1143compliance.officer@vascon.comVisit Website