
Consumer Discretionary · NSE
Incorporated in 2014, V-Marc India Limited manufactures and markets a wide range of wires and cables under the brand name "V-Marc." Its product portfolio includes single and multi-strand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, wires, and aerial bunched cables. The company supplies its products through government tenders, EPC contractors for turnkey projects, and a dealer-distribution network, serving industries such as power, real estate, railways, and telecom. As of December 31, 2020, it has a network of 650+ dealers across 12 states. V-Marc India operates two manufacturing facilities in Haridwar, Uttarakhand, with an aggregate installed capacity of 71,100 km per annum and plans to set up an additional facility with 11,520 km annual capacity.
Price Band
₹37 – ₹39
Issue Size
₹23.00 Cr
Lot Size
3000 shares
GMP
Est. Listing
₹39
at current GMP
Subscribed
—
Open
25 Mar 2021
Close
31 Mar 2021
Allotment
6 Apr 2021
Refund
7 Apr 2021
Demat Credit
8 Apr 2021
Listing
9 Apr 2021
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 2,948,718 | — | 0.00x |
| Non-Institutional (NII / HNI) | 884,615 | — | 0.00x |
| Retail Individual (RII) | 2,064,103 | — | 0.00x |
| Total | 5,897,436 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 688 | 688 | 1.00x |
| HNIs (10L +) | 4 | 4 | 1.00x |
| HNIs (2-10L) | 21 | 21 | 1.00x |
| Total Applications | 713 | 713 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
V-Marc India Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹23 Crores. The shares are offered at a price band of ₹37 to ₹39 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,17,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-04-08, while un-allotted funds or UPI block mandates will be released on 2021-04-07.
Currently, V-Marc India Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹37 to ₹39 per equity share.
The retail lot size is 3000 shares requiring a minimum application amount of ₹1,17,000. Expected listing price is ₹39 per equity share.
The V-Marc India Limited IPO aggregate issue size is ₹23 Crores with an equity price band set at ₹37 to ₹39 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,17,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2021-04-06. Investors can verify status using PAN card or application number.
V-Marc India Limited shares are scheduled to list on NSE on 2021-04-09.