Assignment on red herring prospectus of v guard industries limited

Assignment on Red Herring Prospectus of V Guard Industries limited

Submitted to : Mr. Navin Chandra

Submitted by : Gurjot Singh (b.com 2b)

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

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……………….