Assignment on red herring prospectus of v guard industries limited
1. Assignment on Red Herring Prospectus
of V Guard Industries limited
Submitted to : Mr. Navin Chandra
Submitted by : Gurjot Singh (b.com 2b)
2. About it……….
Registered cum Corporate Office: 44/1037, Little Flower
Church Road, Kaloor, Cochin- 682017, Kerala, India
Total Num of Share issue: 80, 00,000 EQUITY
SHARES………..
OUT OF WHICH 4,00,000 EQUITY SHARES HAVE
BEEN RESERVED FOR EMPLOYEES OF OUR
COMPANY
NET ISSUE TO THE PUBLIC SHALL BE 76,00,000
EQUITY SHARES
3. According to BSE (Bombay Stock Exchange): live price
1382.80 -10.20 (-0.73%) on Jul 15, 16:01
VOLUME 2,778
Prev. Close 1393.00 Open Price 1393.00
Bid PRICE (QTY.) 1382.80 (40) Offer PRICE (Qty.)
1406.50 (5)
Technical Terms:
1. ASBA: Applications Supported by Blocked Amount
It is a process developed by the India's Stock Market
Regulator SEBI for applying to IPO.
In ASBA, an IPO applicant's account doesn't get debited until
shares are allotted to them
2. Lead Manager: Lead managers are independent financial
institutions appointed by the company going public to
manage the IPO.
THAT’S IT……………….