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Published on 23/02/2018 2:37:15 PM | Source: Dion Global Solutions Ltd

Noida based Vectus Industries plans to go public

Posted in IPO More News| #IPO #Noida

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Vectus Industries is looking to go public soon, said the media reports. The company is eyeing a valuation of around Rs 2500 crore. The merchant banker is yet to be selected. Vectus Industries is a Noida-based manufacturer of water storage products. According to the information available on the company’s website, the more than two-decade-old company has 15 manufacturing plants in India and a manufacturing facility in Kenya. It makes water storage tanks like loft and moulded tanks as well as underground tanks. It also makes plumbing, column pipes, water piping systems and garbage bins for public use.