By Sachin Murdeshwar

Vectus Industries Limited (Vectus), a leading B2C focused water storage and piping solutions provider in India, files papers for Initial Public Offering (IPO).

Vectus Industries IPO Comprises of Fresh Issue of up to Rs. 850 million (the “Fresh Issue”) by the company and an Offer for Sale of up to 3,898,575 equity shares (the “Offered Shares”), comprising up to 657,341 equity shares by Ashish Baheti and up to 394,405 equity shares by Atul Ladha (The “Selling Shareholder”), and up to 2,846,829 equity shares by Latinia Limited (“The Investor Selling Shareholder”)

Initial Public Offering of equity shares of face value of Rs. 10 each (“equity shares”) of Vectus Industries Limited.

Edelweiss Financial Services Limited, ICICI Securities Limited and IDFC Bank Limited are the BRLMs to the Issue.