V-Marc India Limited IPO
V-Marc India Limited is engaged in the manufacturing and marketing of wires and cables under the brand name “V-Marc”. Promoter Vikas Garg commenced business in a partnership firm in 2006 as a manufacturer and distributor of PVC insulated wires and cables and have over the years, evolved, expanded, and diversified to become an established manufacturer of wires and cables with a total income of ₹ 17,164.44 lakhs in Fiscal 2020.
The company manufacture and sell a diverse range of wires and cables and the key products are single & multistrand cables, CCTV cables, LAN cables, coaxial cables, telephone switchboard cables, power cables (LT and HT cables up to 33kv grade), flexible & control cables, core flat cables, solar cables, wires, and aerial bunched cables.
The company sells its products with different channels
i. Securing government tenders for supply to government projects.
ii. Supply to EPC contractors for turnkey projects.
iii. Dealer & distribution network and direct sales to few private companies.
The company supplies products for various industries including power, real estate, telecom, and railways. As of December 31, 2020, it has a dealer network of more than 650 dealers, who are spread over 12 states.
i. Wide product portfolio with a focus on quality.
ii. Experienced management and dedicated employee base.
iii. Diversified customer base across varied geographies.
iv. Wide distribution network
Objects of the V-Marc India Limited IPO:
V-Marc India Limited IPO Details:
|Open Date:||Mar 25 2021|
|Close Date:||Mar 31 2021|
|Face Value:||₹ 10 Per Equity Share|
|Issue Size:||23.4 Cr.|
|Lot Size:||3000 Shares|
|Issue Price:||₹ 39 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Apr 09 2021|
Promoters And Management:
Financials of V-Marc India Limited IPO:
Comparison With Peers:
|Ultracab (India) Limited||65||6.51||10.02%||1.04||2%||1.272||0.818||94|