IPO Issue Details
Issue Price / Price Band₹1,310 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size5 Shares per Lot
Total Issue Size36,07,581 shares (aggregating up to ₹472.59 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 22 Sep 2010
Subscription CloseMon, 27 Sep 2010
Anchor AllotmentTue, 21 Sep 2010
Basis of AllotmentSun, 03 Oct 2010
Initiation of RefundsMon, 04 Oct 2010
Credit of Shares to DematMon, 04 Oct 2010
Listing DateWed, 13 Oct 2010
UPI Mandate Deadline2010-09-27
Application & Investment Details
Retail — Min (1 Lots)₹6,550 — 5 shares
Retail — Max (13 Lots)₹85,150 (13 Lots)
HNI — Min (31 Lots)₹2,03,050 — 155 shares
Pre-IPO Promoter Holding95,40,813 shares
Post-IPO Promoter Holding1,04,95,011 shares
Fresh Issue Shares9,54,198 shares (aggregating up to ₹125.00 Cr)
Offer for Sale Shares26,53,383 shares of ₹5 (aggregating up to ₹347.59 Cr)
About VA Tech Wabag Ltd.
Incorporated in 1996, VA Tech Wabag is one of the world’s leading companies in the water treatment field. WABAG is multinational player provides turn-key solutions for water and waste water treatment to municipal and industrial users. Wabag has market presence in India, the Middle East, North Africa, Central and Eastern Europe, China and South East Asia.WABAG offers complete life cycle solutions including conceptualization, design, engineering, procurement, supply, installation, construction and O&M services. They provide a range of EPC and O&M solutions for sewage treatment, processed and drinking water treatment, effluents treatment, sludge treatment, desalination and reuse for institutional clients like municipal corporations and companies in the infrastructure sector such as power, steel and oil and gas companies. As at July 2010, Company has executed 113 projects and is currently executing 81 projects.
Objects of the Issue
VA Tech Wabag Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding working capital requirements of the Company.
64.50
2
2 Construction of a corporate office at Chennai
34.74
3
3 General corporate purposes
11.05
4
4 Implementation of global IT systems
8.74
Shareholding & Lock-in
Pre-IPO Promoter Holding
95,40,813 shares
Post-IPO Promoter Holding
1,04,95,011 shares