VKS projects IPO fixes it's issue price at Rs 55/- share., IPO details & rating

VKS projects IPO fixes it's issue price at Rs 55/- share., IPO details & rating

Incorporated in 1998, VKS Projects Ltd is a Navi Mumbai based Engineering Procurement and Construction Company (EPC Contractor) engaged in the business of undertaking EPC Contracts of CS/SS/Alloy Steel Turnkey Piping, Civil Land Development, Industrial / Commercial Infra Projects, Structural Fabrication and Erection of Equipments, Fire Fighting Projects and Commissioning of Chemical Plants for various industries including but not limited to Chemicals, Oil and Gas (on-shore and offshore), Refinery, Petrochemicals, Dyestuff, Pharma & Bulk Drugs, Metallurgy, Power and Textiles.

Issue Detail:


Issue Open: Jun 29, 2012 - Jul 04, 2012
Issue Type: 100% Book Built Issue IPO
Issue Size: 10,000,000 Equity Shares of Rs. 10
Issue Size: Rs. 55.00 Crore
Face Value: Rs. 10 Per Equity Share
Issue Price: Rs. 55 - Rs. 60 Per Equity Share
Market Lot: 100 Shares
Minimum Order Quantity: 100 Shares
Listing At: BSE, NSE

VKS Projects Ltd IPO Grading

CRISIL has assigned an IPO Grade 1 to VKS Projects IPO. This means as per CRISIL, company has 'Poor Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.