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Open
28 Sep 2015
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Close
30 Sep 2015
3
Allotment
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Listing
Thu, Oct 15, 2015
Price Band
₹25 per share
Issue Size
12,96,000 shares (agg. up to ₹3 Cr)
Lot Size
6,000 Shares
Listing Date
Thu, Oct 15, 2015
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.52x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Universal Autofoundry Ltd. | SME | ₹3.24 Cr | ₹15 | null | ₹16.00 | +6.67% | ₹51.46 (-1.04%) |
| Starlit Power Systems Ltd. | SME | ₹2.95 Cr | ₹18 | null | ₹18.95 | +5.28% | ₹3.59 (+4.97%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 2.86 |
| 2 | Public Issue Expenses | 0.38 |
About Vishal Bearings IPO
Incorporated in 1992, Vishal Bearings Ltd is Rajkot, Gujarat based manufacturer of bearing rollers. Company manufacture taper bearing rollers, cylindrical bearing rollers, spherical bearing rollers and supply it to reputed bearing manufacturer and OEM across India. Vishal Bearings also exports bearing rollers.Entire process of manufacturing bearing rollers is done in-house which ensures quality product and timely delivery. Vishal Bearings is certified as ISO 9001:2008 & ISO/TS 16949:2002.+ Read More
Contact Details
Vishal Bearings Ltd. AddressSurvey No 22/1, Plot No 1Shapar Main RoadShapar (Veraval)Rajkot, Gujarat, 36000202827 - 252273, 252414compliance@vishalbearings.comVisit Website