BVG India Had Conducted Board Meeting on 4th July,2020

BVG is India’s Largest Integrated services company with 75000+ employees, serving 800+ sites for 750+ customers in 70 cities across 20 states across India. BVG (Bharat Vikas Group) was started in 1997 with the motive of creating job opportunities for rural youth.

BVG India had conducted a board meeting on 4th July plans to for an IPO with a fresh issue of shares, complementing it with a OFS (Offer for Sale) for existing shareholders. The company proposes to allot equity shares aggregating upto 300 crores of fresh capital. The authorized capital is being raised from 42 crores to 47 crores.

Unlisted shares of BVG India are available in the pre IPO market. The stock has been trading in the range of 750 to 800 rupees.

Sandip Ginodia , CEO

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