Vibrant Global Capital (VGCL) has launched its public issue today. It is offering 6.04 million equity shares of Rs 10 each. It has set price at Rs 19 a share.
The issue will constitute 26.38% and 25.04% of the fully diluted post issue paid up equity share capital of the company. The issue will close on Oct. 7, 2014. Shares offered through fixed price issue are proposed to be listed on the BSE SME platform.
Vibrant Global Capital is a non-deposit accepting NBFC registered with RBI and is primarily engaged in investment and trading in listed/unlisted securities and financial products, providing long and short term loans and advances.