Share closes with losses of 28.75% VMS Industries Limited, an Ahmedabad based company into ship breaking or as the management of the company believes in ship-recycling listed on the BSE at Rs 43.95 yesterday. The company had raised Rs 25.75 crs in a price band of Rs 36-40. The issue was subscribed an overall 1.36 […]
Posts Tagged ‘VMS Industries’
VMS Industries: Great Start but inevitable end
June 15th, 2011
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VMS Industries IPO just about gets subscribed
June 3rd, 2011
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VMS Industries Limited had tapped the capital markets with its IPO in a price band of Rs 36-40 to raise Rs 2575 lakhs. The issue was open from Monday the 30th of May to Thursday the 2nd of June. The company is in the business of Ship-breaking or Ship-recycling as it claims to be and […]
VMS Industries: issue is expensive and the business too small for comfort
June 1st, 2011
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VMS Industries Limited is tapping the capital markets with an issue to Raise Rs 2575 lacs in a price band of Rs 36-40. The issue has opened on Monday the 30th of May and closes on Thursday the 2nd of June. Price Band Rs 36 – Rs 40 Offer size in shares 71,52,778 Equity Shares […]
