Veto Switchgears

The initial public offer of Veto Switchgears and Cables Ltd received 70 per cent subscription on the second day of the issue today. The Rs 25 crore-IPO received bids for 36.69 lakh shares against 52.08 lakh shares on offer by 1700 hrs, as per data available with the National Stock Exchange.

Veto Switchgears and Cables plans to raise Rs 25 crore through initial public issue and list shares on SME platform of the National Stock Exchange (NSE). The company has fixed the issue price band at Rs 48-50 a share. The issue will open for subscription on December 3 and close on December 5. The company intends to use issue proceeds for modernisat...

The initial public offer of Veto Switchgears and Cables Ltd received 70 per cent subscription on the second day of the issue today. The Rs 25 crore-IPO received bids for 36.69 lakh shares against 52.08 lakh shares on offer by 1700 hrs, as per data available with the National Stock Exchange.

Veto Switchgears and Cables plans to raise Rs 25 crore through initial public issue and list shares on SME platform of the National Stock Exchange (NSE). The company has fixed the issue price band at Rs 48-50 a share. The issue will open for subscription on December 3 and close on December 5. The company intends to use issue proceeds for modernisat...