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Vetrivel Explosives Ltd

Registered Office : Balaji Towers, 1st Flr, 83/2,Ramakrishna Road, Hasthampatti,Salem Tamil Nadu 636007 Phone : +91 427 2336628
Fax :

Email : compliance@vetrivelindustries.com

Website : https://vetrivelexplosives.com/

Initial public issue of up to 61,00,000 equity shares of face value Rs. 10/- each (the "Equity Shares") of Vetrivel Explosives Limited ("The Company" or "Vel" or the "Issuer") for cash at an issue price of Rs. [*] per equity share (including a securities premium of Rs. [*] per equity share) ("Issue Price"), aggregating up to Rs. [*] Crores (the "Issue") of which up to [*] equity shares aggregating to Rs. [*] Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of up to [*] equity shares of face value of Rs. 10/- each at an issue price of Rs. [*] per equity share aggregating up to Rs. [*] Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute up to [*] % and up to [*] % respectively of the post-issue paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

GYR Capital Advisors Private Limited

Projects

Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by the Company

General Corporate Purposes

Promoted By

Vijayakannan Ramalingam

Vetrivel Ramalingam

Premalatha Rangasamy Mudaliar

Listing At

NSE - SME

Registrar to the Issue

Integrated Registry Mgt Ser.Pv