Issue Price
₹39
Per Share
GMP
NIL
Grey Market
Est. Listing
₹39
Expected Price
Min. Application
₹234,000
2 lots × 3000 shares
Incorporated in 2014, V-Marc India Limited is engaged in the business of manufacturing and marketing wires and cables under the brand name of "V-Marc". The company manufactures and sells a diversified range of wires and cables i.e. single & multistrand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, wires, and aerial bunched cables, etc.The company sells its products through multiple channels; 1. government tenders to supply products for government projects, 2. supply to EPC contractors for turnkey projects, and 3. dealer and distribution network to directly sell to private companies. It supplies its products across industries i.e. power, real estate, railways, and telecom sector. As of Dec 31, 2020, it has a strong network of 650+ dealers across 12 states.The firm has two manufacturing facilities located at Haridwar, Uttarakhand with an aggregate installed capacity of 71,100 KM p.a and also proposes to set-up a new manufacturing facility with a total capacity of 11,520 km p.a.Competitive strengthsDiversified product portfolio with a wide range of wires and cables.Geographically diversified customer base.Strong dealer network distribution.Experienced and dedicated management.
V-Marc India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 300,000 | — | ₹1.17 Cr | — |
| TOTAL | 6,000,000 | 100.00% | ₹23.40 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹117,000 |
| Retail (Max) | 13 | 39,000 | ₹1,521,000 |
| sNII (Min) | 14 | 42,000 | ₹1,638,000 |
| bNII (Min) | 68 | 204,000 | ₹7,956,000 |
| Particulars | 31-Dec-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue from Operations | 13062.57 | 17164.44 | 20525.61 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 401.58 | 464.60 | 488.95 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 12962.05 | 12968.32 | 11274.96 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |