247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Vaswani Industries Limited IPO (Vaswani Industries IPO) Details

Vaswani Industries Limited is an Steel - Iron based company, located in Raipur, Vaswani Industries Limited IPO size was 49.00 Cr. and was issued at 49.00 per share. The share of Vaswani Industries Limited were listed at 17.75 per share and are currently trading at 55.99 per share.

Type :
Sub Sector : Manufacturing Sponge Iron,?Steel Billets & Ingots?and?power Generation.
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
82.54 Cr.

PAT :
3.23 Cr.

Pricing Report

Issue Price :
49.00

Listing Price :
17.75

Current Market Price :
55.99

Issue Price vs CMP :
6.99 (14.27%)

listing Price vs CMP :
38.24 (215.44%)

Performance Report (CAGR* wise)

CAGR : 1
-ve 0 6 9 12+
Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Vaswani Industries

Company Information
Vaswani Industries Limited was incorporated under the Companies Act, 1956 on July 22, 2003, and commenced its business operations on February 10, 2004. The company was established with the objective of manufacturing Sponge Iron, Steel Billets, Ingots, and generating power. It is part of the Vaswani Group of Companies, which has had an interest in Iron & Steel for over two decades.

The company's manufacturing facilities are located in the industrial area at Sondra Village, 14 km from Raipur railway station. The company installed its first kiln with a capacity of 1x100 TPD (tonnes per day) for producing sponge iron in 2004-05 and later expanded its capacity to 3 x 100 TPD. Additionally, the company installed three induction furnaces in 2007-2008 with a capacity
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Object of Issue
  • To finance pre-payment of the term loan
  • To finance long term working capital requirement
  • For general corporate purposes and
  • To finance public issue expenses

Vaswani Industries MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2011
IPO Size :
49.00 Cr.
IPO Subscription :
4.16 X     
PE Multiple :
15.76
Merchant Banker :
Ashika Capital Limited
IPO Registrar:
Link Intime India Private Limited

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See Other MainBoard IPOs in Raipur

Vraj Iron and Steel Limited

  sponge iron

  Raipur


Peer Companies Of This Sector

FAQs

Vaswani Industries operates in Steel - Iron and Manufacturing Sponge Iron,?Steel Billets & Ingots?and?power Generation.. The Issue is listed on MainBoard in Sep, 2011. Vaswani Industries IPO size was 49.00 Cr. with Issue price of 49.00 .

Merchant Banker(s) of Vaswani Industries IPO: Ashika Capital Limited

Vaswani Industries IPO subscription was 4.16 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Vaswani Industries IPO listed at a listing price of 17.75 against the offer price of 49.00.

The current market price of Vaswani Industries is 55.99.

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