:::LALKAR GROUP::::

Vivid Mercantile Ltd

Registered Office: Basement Medicare Centre,B/H MJ Library Opp Ellisbridge, Ahmedabad - 380006, Gujarat, India.
Phone : 91-79-4892 1375 Fax:
Email : complianceviel@gmail.com
Website : www.vividmercantile.com

Public issue of 21,06,000 equity shares of face value of Rs.10/- each ("equity shares") of Veeram Infra Engineering limited (" the company" or "the issuer") for cash at a price Rs.51/- per equity share (including a share premium of Rs. 41/- per equity share) ("issue price") aggregating to Rs.10.74 Crores("the issue"), of which 1,10,000 equity shares of face value of Rs.10/- each for a cash price of Rs.51/- per equity share, aggregating to Rs 0.56 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 19,96,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 51 per equity share aggregating to Rs. 10.18 Crores (is here in after referred to as the "net issue"). The issue and the net issue will constitute 26.47% and 25.09%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 51/- i.e. 5.1 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
28-Sep-18	12-Oct-18	51.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

	(Rs)	Lead Managers to the Issue
Project Cost	10.74	First Overseas Capital Ltd
Project Financed through Current Offer	10.74
Post Issue Equity Share Capital	7.96
Issue Price	51.00

Projects

To Meet the Working Capital Requirements

Promoted By

Satishkumar R Gajjar

Geetaben S Gajjar

Listing At

BSE - SME

Registrar to the Issue

No Data Available