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Open
14 Mar 2007
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Close
23 Mar 2007
3
Allotment
—
4
Listing
[.]
Price Band
₹30 per share
Issue Size
96,66,667 shares (agg. up to ₹29 Cr)
Lot Size
200 Shares
Listing Date
[.]
✦ AI Insight
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To diversify into the production of Snacks Food like Chips and 3464.64 extruded snack, direct fried snacks, and potato chips etc. by setting up the State-of-art production facilities | 34.65 |
| 2 | To meet the Working Capital Margin requirement for the proposed 380.36 project as well as the existing operations | 3.80 |
| 3 | To meet the expenses of the issue | 2.88 |
About Vimal Oil FPO
Vimal Oil and Foods Limited is BSE listed company (BSE Code: 519373), engaged in the production of edible oil. VOFL export the De-oiled Cake (DOC), a by-product under the solvent extraction to various foreign countries. VOFL Product Range includes oils of Cottonseed, Groundnut, Soya, mustard and palm. The Refined Oil is sold in the local market under the 'VIMAL' Brand nameVOFL also has a Wind Mill which is situated at village Kalyanpur, Dist. Jamnagar with a capacity of 0.225 Mg Watt. The electricity generated by the plant is supplied to Gujarat Electricity Board and gets the credit against Electricity purchased from Gujarat Electricity Board for its plants at other locations.VOFL has a Milk Powder plant and planning to diversify into fast growing Snack Food and Food Processing sector.+ Read More
Contact Details
Vimal Oil & Foods Ltd. AddressVimal Oil and Foods Limited,4th Floor, Heritage, and Nr. The Grand Bhagwati,Sarkhej Gandhinagar Highway,Ahmedabad, Gujarat, 380054+91-79- 26841851investor@vimaloil.comVisit Website