VMS Industries Ltd. (VIL) was originally incorporated as ‘Varun Management Services Private Limited’ in 1991 and was reconstituted as a limited company with effect from January 2010. VIL launched an initial public offering in June 2011 and became a listed company. VIL was earlier engaged in providing various consulting & information technology (IT) services, and gas supply to the various ship recycling units at Alang, Gujarat. Since May 2009, it has been engaged in the shipbreaking/recycling activity at Alang, Gujarat which is the leading center for shipbreaking and recycling in Asia. The Company is continuously progressing and attaining a new position every quarter towards reaching the peak of success. VIL is the flagship company of VMS group and it operates along with its subsidiary VMS TMT Pvt Ltd. which is engaged in the trading of steel bars, ingots, and billets.
VMS Industries Rights Issue Review
- Avoid / Risky
VMS Industries Rights Issue 2024 Dates & Time Table
| Rights Issue Open: | May 2, 2024 |
| Rights Issue Close: | May 16, 2024 |
| Rights Record Date: | April 18, 2024 |
| Deemed Date of Allotment | 2024 |
| Renunciation of Rights Entitlements | May 10, 2024 |
VMS Industries Rights Issue 2024 Offer Details
| Rights Issue Size: | Approx ₹28 Crores |
| Price Band: | ₹35 Per Equity Share |
| Face Value: | ₹10 Per Equity Share |
| Listing on: | BSE |
| Entitlement Ratio: | 17:33 (17 rights share for every 33 shares) |
| Equity: | 8,000,000 Equity Share |
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price: | Click Here |
VMS Industries Rights Issue 2024 Form & How to Apply
You can apply for VMS Industries Rights Issue 2024 in two ways:
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
VMS Industries Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹157.74 | ₹156.29 | ₹1.06 |
| 2022 | ₹163.14 | ₹161.66 | ₹1.08 |
| 2023 | ₹145.76 | ₹142.78 | ₹2.50 |
VMS Industries Rights Issue 2024 Allotment Status
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
Check VMS Industries Rights issue on Cameo Corporate website allotment URL. Click Here
VMS Industries Rights Issue 2024 Lead Managers
Company Address:
VMS Industries Ltd
808/C Pinnacle Business Park Corporate Road
Prahladnagar
Ahmedabad, Gujarat – 380015
Phone: +91-99789 41676
Email: [email protected]
Website: https://www.vmsil.in/
VMS Industries Rights Issue 2024 FAQs:
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