VASUKI GLOBAL INDUSTRIES IPO Details Today, GMP Price, Date, Review

VASUKI GLOBAL INDUSTRIESIPO Details Today, GMP Price, Date, Review

OUR BUSINESS

We are a vertically integrated procurement and processing agent offering multifaceted and end to end solutions to our customers, who are engaged in various industries. The business of our Company is mainly divided into two segments .

 

(i) offering of Procurement and Processing Solutions :- various types of imported as well as domestic coal, including but not limited to Indonesian coal, Australian steam coal, Mozambique steam coal, South African coal, U.S. coal and Russian coal .

 

(ii) Logistics Services :- surface transportation. We process various types of coal in our coal processing and segregating unit situated at village Nana Dahisara, Morbi, wherein we screen and segregate coal in various sizes, according to the requirements of our customers.

 

We also offer procurement solutions in respect of other petroleum products such as oil and liquified petroleum gas, refractory materials, raw material and finished products used in cement industry as well as construction industry. We offer procurement and processing solutions either directly to our customers engaged in various industries, including but not limited to metals and minerals, cement, steel and construction, or through our agents.

 

Object of the Issue

  1.  Funding capital expenditure requirements of the logistics division of our Company, towards purchase of goods transportation vehicles.
  2.  Investment in our Subsidiary, Vasuki Cement Private Limited (“VCPL”) for part-financing its capital expenditure requirements in relation to the setting up of a manufacturing   facility  for manufacturing various grades of cement at Revenue Survey No. 133, Village Vershamedi, Taluka Maliya, District Morbi, Gujarat, India ( hereinafter referred as the  “Project” and such facility the “Proposed Facility”).
  3.  General Corporate Purposes.

 

Qualitative factors

• Integrated inward and outward procurement and logistical solutions provider.
• Diversified business model.
• Dedicated in-house maintenance facility and availability of spare parts and fuel.
• Long-standing client relationships with some of our customers.
• Owned fleet of transportation vehicles as well as arrangements for outsourced trucks.
• Experienced Promoters and management team.

Our Company Promoter

  • Bankim Kantilal Mehta
  • Harshma Bankimbhai Mehta

Vasuki Global Industries Company Contact Details

akshatra Heights Office No. 501,
Opp. Telephone Ex. 150ft Road,
Rajkot –360 007, Gujarat, India.
Telephone: +91 281 257 7298
Email:info@vasukigroup.com
Webiste: www.vasukigroup.com

 

Vasuki Global Industries IPO Registar

Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai –400093.
Tel.:+91 22 6263 8200
Contact Person: Jibu John
Email: ipo@bigshareonline.com
Website:www.bigshareonline.com

 

Vasuki Global Industries Comparison with listed industry peer :-

  1. Agarwal Industrial Corporation Ltd
  2. Orient Cements Limited

 

About Vasuki Global Industries-

Our customers also include small scale traders. Over the years, we have established longstanding relationships with a diverse set of customers. Our ability to maintain quality standards while diversifying our service offerings to meet evolving industry requirements has resulted in longstanding relationships with our key customers.  44 customers have been associated with us for longer than six years. our Company served a total of 766 customers.

In order to supplement our procurement and processing segment, we have created our surface transportation segment which includes offering bulk truck load logistic services as well as full truck load logistic services, to our customers who are mainly engaged in the cement, steel and construction industry.Owing to our long term association with the cement, steel and construction industry players, we have gained an insight into the procurement and logistical needs of such customers, thereby enabling us to anticipate the logistic and procurement needs of our customers, engaged in the aforementioned industries.

 

To cater logistical as well as procurement needs of customers, we have crafted end to end supply chain solutions to offer procurement as well as delivery services to some of our customers. Through our integrated procurement and logistical solutions, we offer inward and outward services to provide convenience to our customers by ensuring reduction of supply chain intermediaries and creating a single point of contact for their supply and logistic needs at different supply points.

 

Our Company, through our subsidiary, Vasuki Cement Private Limited, now intends to establish a greenfield project at Plot No. 1 admeasuring about 4,127.04 square meters and Plot No. 2 admeasuring about 8,901.63 square meters along with undivided share in common plot and road land admeasuring about 4,069.33 square meters total admeasuring about 17,098.00 square meters on the land bearing Revenue Survey No. 133, Village Varshamedi, Taluka Maliya, District Morbi – 363 660, Gujarat, India (“Proposed Facility”). We propose to manufacture various grades of cement, including but not limited to ordinary portland cement (“OPC”), portland pozzolana cement (“PPC”) and portland slag cement (“PSC”), in our Proposed Facility. Gujarat, a state in western India, is well-endowed with natural resources, including limestone, which is a primary raw material for cement production.
The availability of cement raw materials near Gujarat contributes to the growth of the cement industry in the region.

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