Vardhman Appliances Ltd.

BSE

unknown

TBA

1 Shares

TBA

₹2

Financial Summary

Financial data not available

View Full Financial Statements

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

TBA

About the Company

We are a leading vertically integrated Electronics Manufacturing Services (“EMS”) company providing OEMand ODM solutions across fast- moving electrical goods, including fans, kitchen appliances, home comfortappliances, and electrical components, to leading national and international consumer appliance brands in India(“Consumer Appliance Brands”) (Source: 1Lattice Report). In addition to our EMS operations, we haveestablished a consumer-facing presence through our wholly owned subsidiary, Lazer India Private Limited(“Lazer”), which markets a range of consumer electrical and domestic appliances under the “Lazer” brand. Itcomplements our OEM and ODM capabilities by providing direct access to consumer and market insights,enabling us to validate products on-ground, incorporate customer feedback and continuously enhance our productdesign and development capabilities.

Use of Proceeds

1. Funding capital expenditure requirements for setting up a new project at Baghpat, Uttar Pradesh;2. Prepayment or scheduled re-payment, in full or part, of certain outstanding borrowings availed by our Company;3. Investment in our wholly owned Subsidiary, Lazer India Private Limited, for prepayment or scheduled repayment, in full or part, of certain outstanding borrowings; and4. General Corporate Purposes.