V R Infraspace Limited IPO
NSE SMEListed On: Mar 12, 2024 at ₹ 90.0
₹ 136000 /1600 Shares
Check Allotment04 Mar, 2024
Open Date06 Mar, 2024
Close Date07 Mar, 2024
Allotment Date12 Mar, 2024
Listing DateIssue Price
₹85 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdList Price
90.0Listing Date
2024-03-12Market Lot
1600 Shares (₹136,000/-)Lead Manager
Beeline Capital Advisors Pvt LtdIssue Size
2,400,000 shares(aggregating up to ₹20.40 Cr)Retail Portion
50%Subscription
90.88 timesV R Infraspace Limited IPO Details
V R Infraspace Limited IPO is an SME IPO, priced at ₹85 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 24,00,000 equity shares, aggregating up to ₹20.4 crores..
The IPO bidding window is open from Mar 4, 2024 to Mar 6, 2024. The allotment is expected to be finalized on Mar 7, 2024, and the tentative listing date is Mar 12, 2024.
The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,36,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,72,000.
Beeline Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Spread X Securities Private Limited will act as the market maker for this issue.
V R Infraspace Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,139,200 | 1,139,200 | 3,278,400 |
| Day 1 - 04-03-24 06:00 PM | 1.10 x | 8.05 x | 4.58 x |
| Day 2 - 05-03-24 06:00 PM | 4.49 x | 25.46 x | 14.98 x |
| Day 3 - 06-03-24 06:00 PM | 85.67 x | 96.08 x | 90.88 x |
V R Infraspace Limited Valuations
EPS Pre IPO
₹4.05/-EPS Post IPO
₹2.02/-P/E Pre IPO
20.99P/E Post IPO
42.15ROE
7.16%ROCE
6.12%Debt/Equity
0.51RoNW
6.94%PAT Margin
12.33Price to Book Value
6.26V R Infraspace Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 4,328.38 | 4,920.59 | 5,479.20 |
| Revenue | 1,875.53 | 1,387.65 | 1,348.70 |
| Profit After Tax | 262.47 | 79.74 | 72.04 |
About The Company
Infraspace Limited is a company incorporated in December 2015 in the field of real estate. The company develops primarily residential and commercial projects around the city of Vadodara in the state of Gujarat.
The firm provides a portfolio of luxury affordable residential buildings containing different types of accommodations. In all the buildings, they have security systems, sports, and recreational facilities, play areas, and backup electricity. Infraspace Limited provides its residential and commercial projects under the VR brand.
V R Infraspace has delivered residential projects titled VR Celebrity Luxuria and VR Imperia, while it completed a commercial project titled VR One Commercial Business Center.
The Company as on September 30, 2023, posted a Consolidated Total Income of Rs. 732.41 Lakhs with a Profit after tax of Rs. 89.54 Lakhs.
Company Head Office/Vendor Registered address Vadodara, Gujarat, India.
As of 31 August 2023, the company had 9 employees at the construction site and the registered office, of whom key management personnel were.
V R Infraspace Limited - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 72.97%
- Mr. Vipul Devchand Rupareliya
- Mrs. Sumitaben Vipulbhai Rupareliya
V R Infraspace Limited IPO - Issue Objectives
- Investment into our subsidiary namely M/s Narnarayan Enterprise
- To Meet Working Capital Requirement
- General Corporate Purpose
- To Meet the Issue Expenses
Other Details
V R Infraspace Limited
National Trade Center N. H. 8, Opp. L & T, Bapod Na Vadodara-390019Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: vrinfraspace.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
V R Infraspace Limited IPO - FAQs
Ans. V R Infraspace Limited IPO is a SME IPO. The issue is priced at ₹85 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Mar 4, 2024, and closes on Mar 6, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The V R Infraspace Limited IPO opens on Mar 4, 2024 and closes on Mar 6, 2024.
Ans. The size of V R Infraspace Limited IPO is 2,400,000 shares(aggregating up to ₹20.40 Cr).
Ans. The IPO price band is set between ₹85 per equity share.
Ans. To apply for V R Infraspace Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find V R Infraspace Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of V R Infraspace Limited IPO is Mar 7, 2024.
Ans. The V R Infraspace Limited IPO will be listed on Mar 12, 2024.
Ans. Follow the steps to check the allotment status for V R Infraspace Limited IPO here.
