Where will the fund raised by IPO of Vishal Information Technologies IPO be used?
The capital raised by Vishal Information Technologies IPO will be used for setting up of subsidiaries in UK and USA along with expansion of its existing services.
A new facility will be setup in Chennai and a marketing office and quality assurance center in Mumbai is also planned.
How many shares will be sold through the Vishal Information Technologies IPO?
A total of 27.9 lakh or 2.79 million shares will be sold through the Vishal Information Technologies IPO.
What is the price band or price range of shares of Vishal Information Technologies IPO?
The shares of Vishal Information Technologies IPO will be offered for sale in the price range of Rs 140 to Rs 150 per equity share. The shares will have a standard face value of Rs. 10 per share.
What are the opening dates and closing dates of Vishal Information Technologies IPO?
The Vishal Information Technologies IPO issue would open on July 21 and close on July 24.
What is the primary business and valuations of Vishal Information Technologies Company?
Vishal Information Technologies Ltd. provides solutions that enable publishers to create, manage, re-purpose, and distribute content. We combine people, processes, and technologies to create and print high quality content. Our Global Publishing Solutions using onsite and offshore resources and services provides unmatched value for our clients.
| The cost of setting up the facility in Chennai would be Rs 16.05-crore. The quality assurance centre and marketing office in Mumbai would be set up at an investment of Rs 5.43-crore. | Table of Contents |
1 comment:
This company is a big time fraud… they fool poor people who is in need of job, they take 50000 rupees from candidate as training charges and promise them to send them to UK for a project and guess what they take the money and never send you anywhere I have a evidence a latter sing by Mr G S Vishwanathan a elder brother of CEO (G S chandrashaker). Please do not trust this people and don’t invest your hard earn money you will always end up in loss.
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