| Initial public issue of upto 21,60,000* equity shares of face value of Rs. 10/- each ("equity shares") of Vinit Mobile Limited ("VML" or the "Company" or the "Issuer") for cash at a price of Rs. 150-158 per equity share (including a premium of Rs. 140-148 per equity share) ("Issue Price") aggregating to Rs. 32.4-34.13 Crores ("The Issue") of which 1,08,000 equity shares aggregating to Rs. 1.62-1.71 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 20,52,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 150-158 per equity share aggregating to Rs. 30.78-32.42 Crores ("Net Issue"). The issue and the net issue will constitute 35.01% and 33.26% respectively of the post issue paid-up equity share capital of the company.
Price Band: Rs. 150/- to Rs. 158/- per equity share of face value Rs. 10/- each.
The floor price is 15.00 times of the face value and the cap price is 15.80 times of the face value of the equity shares.
Bids can be made for a minimum of 1600 equity shares and in multiples of 800 equity shares thereafter. |
