VA Tech Wabag Limited IPO : Listing on 13h Oct 2010

by khalid on 13/10/2010 · 0 comments

VA Tech Wabag Limited has informed the share market (BSE) that the shares of its recent IPO will list on 13th Oct 2010. The IPO was open between 22nd Sep 2010 to 27th Sep 2010. The price band was Rs 12307 to Rs 1310 and the Issue Price was fixed at the upper level of price band, Rs 1310 per equity share. The company had entered into primary market with an Initial Public Offer (IPO) of Rs 125.00 crores. VA Tech Wabag Limited is Chennai based water treatment projects company. The company is a Group Company of Deutsche Babcock, Germany.

IPO Listing Detail :-
Listing Date: 13th Oct 2010
BSE Scrip Code : 533269
Listing In : ‘B’ Group of Securities
ISIN : INE956G01020
Issue Price : Rs. 1310.00 Per Equity Share
Face Value : Rs. 5.00 Per Equity Share

The proceeds of this IPO will be used to funding working capital requirements of the Company, construction of a corporate office at Chennai, implementation of global IT systems and
general corporate purposes.

The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The book running lead managers to the issue are Enam Securities Private Limited and IDFC-SSKI Private Limited

Registrar of the Issue : Karvy Computershare Private Limited, Hyderabad

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