Vardhman Airport Solutions Ltd.
SMEBSETBA
TBA
1 Shares
TBA
₹10
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 5,432.89 | 6,616.44 | |
| 55.89 | 23.28 | |
| 5,488.78 | 6,639.72 | |
| 4,758.33 | 5,816.54 | |
| 456.94 | 607.54 | |
| 350.42 | 447.23 |
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding the incremental working capital requirements of our Company | 234 |
| 2 | Repayment/pre-Payment, in full or in part, of certain outstanding borrowings | 26 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
90.63%
Promoter stake
Offered to Public
62,48,000
shares
About the Company
Our Company is engaged in design, development, engineering, assembly, system integration, supply, installation, testing, commissioning and maintenance of airfield ground lighting systems, navigational aids, aircraft docking systems, smart metering solutions and allied aviation infrastructure systems for civil airports, heliports and defense airbases. These systems constitute critical aviation infrastructure and support safe and efficient aircraft and helicopter operations by providing visual guidance, navigation, communication and airside operational support during landing, take-off and ground movement, particularly during night-time operations and adverse weather conditions. Through its technical and engineering capabilities, the Company also undertakes product development activities and develops and customizes products and solutions in accordance with customer requirements and applicable technical, operational and regulatory standards, including standards prescribed by airport operators, aviation authorities and defense establishments, wherever applicable.
Use of Proceeds
• Funding the incremental working capital requirements of our company. • Repayment/pre-Payment, in full or in part, of certain outstanding borrowings availed by our company. • General Corporate Purposes.
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