VSF Projects Limited is planning to raise R150Cr through QIP for investment in its wholly owned subsidiary VSF Energy Projects Pvt. Ltd
According to annual report 2011, the company has got approval to setup 350Mw super critical thermal power project at Nellore district.
In March 2011, the company incorporated VSF Energy Projects Private Limited as a special purpose vehicle to develop energy projects.
VSF Projects was incorporated in 1992 as Vijaya Shrimp Farms & Exports Limited to carry on the business of aqua culture with a 100% EOU status. Due to viral problems and climatic conditions the company has diverted into the field of Infrastructure in the year 2005.
The company is engaged in infrastructure, civil and engineering works.
The Company has also entered into MOA with PTC India Ltd for selling on tolling basis 100 % of its power from the proposed 350 MW Super Critical Power Project.
VSF Projects On BSE
| |
4134
3846
945
4260
973
|
|
17649
42
1677
25526
3005
|
|
1369
459
3151
32715
140
|
|
24632
|
|
KVEZAR VIEW
| Date | Transaction | Type | Buyer | Size ($mn) |
| 16/01/12 |
VSF Projects - QIP |
IPO / Offerings |
|
29.01 |
| Date | Type | Buyer | Target | Size ($mn) | State |
| 15/05/12 |
Private Equity |
Rakesh Jhunjhunwala |
Geometric Limited |
1.16 |
Completed |
| 11/05/12 |
M&A |
Anchor Electricals Private Limited |
Firepro Systems Private Limited |
- |
Announced |
| 07/05/12 |
M&A |
RHI Group |
Orient Refractories Limited |
112.21 |
Planned |
| 02/05/12 |
Private Equity |
Summit Partners |
Regen Powertech Private Limited |
9.87 |
Completed |
Company |
| Name | Promoters | Office | Competitor | Website |
| VSF PROJECTS LIMITED |
B Narayana Murthy |
Ankulapatur Village, Chillakur Mandal, |
|
www.vsfprojects.com |
