Incorporated in 1996, VA Tech Wabag is one of the world’s leading companies in the water treatment field. WABAG is multinational player provides turn-key solutions for water and waste water treatment to municipal and industrial users. Wabag has market presence in India, the Middle East, North Africa, Central and Eastern Europe, China and South East Asia.
WABAG offers complete life cycle solutions including conceptualization, design, engineering, procurement, supply, installation, construction and O&M services. They provide a range of EPC and O&M solutions for sewage treatment, processed and drinking water treatment, effluents treatment, sludge treatment, desalination and reuse for institutional clients like municipal corporations and companies in the infrastructure sector such as power, steel and oil and gas companies. As at July 2010, Company has executed 113 projects and is currently executing 81 projects.
Objects of the Issue:
The objects of the Issue are:
1. Funding working capital requirements of the Company;
2. Construction of a corporate office at Chennai;
3. Implementation of global IT systems; and
4. General corporate purposes.
Issue Detail:
»» Issue Open: Sep 22, 2010 - Sep 27, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: Equity Shares of Rs. 5
»» Issue Size: Rs. 125.00 Crore
» Face Value: Rs. 5 Per Equity Share
»» Issue Price: Rs. 1230 - Rs. 1310 Per Equity Share
»» Market Lot: 5 Shares
»» Minimum Order Quantity: 5 Shares
»» Listing At: BSE, NSE
WABAG offers complete life cycle solutions including conceptualization, design, engineering, procurement, supply, installation, construction and O&M services. They provide a range of EPC and O&M solutions for sewage treatment, processed and drinking water treatment, effluents treatment, sludge treatment, desalination and reuse for institutional clients like municipal corporations and companies in the infrastructure sector such as power, steel and oil and gas companies. As at July 2010, Company has executed 113 projects and is currently executing 81 projects.
Objects of the Issue:
The objects of the Issue are:
1. Funding working capital requirements of the Company;
2. Construction of a corporate office at Chennai;
3. Implementation of global IT systems; and
4. General corporate purposes.
Issue Detail:
»» Issue Open: Sep 22, 2010 - Sep 27, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: Equity Shares of Rs. 5
»» Issue Size: Rs. 125.00 Crore
» Face Value: Rs. 5 Per Equity Share
»» Issue Price: Rs. 1230 - Rs. 1310 Per Equity Share
»» Market Lot: 5 Shares
»» Minimum Order Quantity: 5 Shares
»» Listing At: BSE, NSE
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