| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 120 | ₹5,880 |
| HNI / NII | 35 | 4,200 | ₹2,05,800 |
| bHNI / bNII | 171 | 20,520 | ₹10,05,480 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 50,00,000 (50.00%) | — | ₹2,450.00 Cr |
| NII / HNI (Total) | — | 15,00,000 (15.00%) | — | ₹735.00 Cr |
| Retail Investors | — | 35,00,000 (35.00%) | — | ₹1,715.00 Cr |
| Total ** | — | 1,00,00,000 (100.00%) | — | ₹49,000.00 Cr |
Incorporated in 2003, Vaswani Industries Ltd (VIL) is part of Vaswani Group of Industries. VIL is engaged in integrated business of manufacturing Sponge Iron, Steel Billets & Ingots and power generation.
Company has manufacturing facilities in an industrial area at Sondra Village, near to Raipur train station. Presently VIL manufactures Coal-based Sponge Iron using 3 indigenously developed rotary kilns, with a capacity of 90000 M.T. (3 X 100 MT) along with a Waste Heat Recovery Boiler (WHRB) with a generation capacity of 11.5 MW Power & a Steel Ingot/Billet Plant of capacity 59400 MT. (2 X 9 MT).
In past, Company has Installed 3 Induction Furnaces with a capacity of 36000 MT for manufacturing of Steel Billets & Ingots utilising in-house production of Sponge Iron. (In year 2007 / 08).
Company has also installed power generation of 7.5 MW, 5 MW from Waste Heat Recovery Boiler (WHRB) and 2.5 MW from Coal) for captive consumption. Company sells its surplus power generated to private power companies.