Registered Office:
No.8/1-2 GIDC,Vithal Udyognagar,
Anand
-
388121,
Gujarat, India.
Phone :
+91 74340 38300/301 Fax:
Email :
cs@vidyawire.com
Website :
www.vidyawire.com
Initial public offer of 57,693,307 equity shares of face value of Re. 1/- each ("Equity Shares") of Vidya Wires Limited ("Company" or "Issuer") for cash at a price of Rs. 52 per equity share (Including a Share Premium of Rs. 51 per Equity Share) ("Offer Price") aggregating to Rs. 300.01 crores ("Offer") comprising a fresh issue of 52,692,307 equity shares of face value of Re. 1/- each aggregating to Rs. 274.00 crores by the company (the "Fresh Issue") and an offer for sale of 5,001,000 equity shares of face value of Re. 1/- each aggregating to Rs. 26.01 crores by the promoter selling shareholders ("Offer for Sale") comprising 2,500,500 equity shares of face value of Re. 1 each aggregating to Rs. 13.03 Crores by shyamsundar rathi and 2,500,500 equity shares of face value of Re. 1 each aggregating to Rs. 13.00 Crores by shailesh rathi ( Collectively, the " Promotor Selling Shareholders" and such equity shares, the " Offered Shares " ). The offer Constituted 27.13% of the post-offer paid-up share capital of the company.
Price Band: Rs. 52/- for equity share of face value of Rs. 1 each.
The floor price is 52 times times the face value times of the face value of the equity shares.
Bids can made for a minimum of 288 equity shares and in multiples of 288 equity shares thereafter.