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Vedant Asset Ltd
Registered Office:
3rd Floor Gayways House,Pee Pee Compound, Ranchi - 834001, Jharkhand, India.
Initial public offer of upto 7,50,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Vedant Asset Limited ("The Company" or "The Issuer") at an issue price of Rs. 40 per equity share for cash, aggregating up to Rs. 3.00 crores ("public issue") out of which 42000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 40 per equity share for cash, aggregating Rs. 0.17 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). the public issue less market maker reservation portion i.e. issue of 708000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 40 per equity share for cash, aggregating upto Rs. 2.83 crores is here in after referred to as the "Net Issue". The public issue and net issue will constitute 27.16% and 25.64 % respectively of the post- issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 40 per equity share. The issue price is 4 times the face value. Minimum application size of 3000 equity shares and in multiples of 3000 equity shares thereafter.
Issue
Opens On Closes On
30-Sep-22 04-Oct-22
Money Payable On
Application Allotment
40.00 0.00
Minimum Application for shares in Nos : 3000  Further Multiples of : 3000
()(Cr.) Lead Managers to the Issue
Project Cost () 2.59 Hem Securities Ltd
Project Financed through Current Offer () 3.00  
Post Issue Equity Share Capital () 2.76  
Issue Price () 40.00  
Projects
Financing the expendditure for business expansion
To meet working capital requirements
General corporate purposes
Promoted By
Lallit Tripathi
Priyanka Maheshwari
Listing At
BSE - SME
Registrar to the Issue