V R Infraspace Limited IPO

NSE SME

Listed On: Mar 12, 2024 at ₹ 90.0

₹ 136000 /1600 Shares

Check Allotment

V R Infraspace Limited IPO Details

04 Mar, 2024

Open Date

06 Mar, 2024

Close Date

07 Mar, 2024

Allotment Date

12 Mar, 2024

Listing Date

Issue Price

₹85 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

90.0

Listing Date

2024-03-12

Market Lot

1600 Shares (₹136,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

2,400,000 shares(aggregating up to ₹20.40 Cr)

Retail Portion

50%

Subscription

90.88 times

IPO Docs

DRHP RHP

The IPO of V R Infraspace Limited is priced at ₹85 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Link Intime India Private Ltd is the registrar of the issue.

V R Infraspace Limited IPO bid opening date is from Mar 4, 2024 and the bid closing date was Mar 6, 2024.
V R Infraspace Limited IPO allotment result will be available on Mar 7, 2024. The tentative listing date for V R Infraspace Limited is Mar 12, 2024.

The total issue size is 2,400,000 shares(aggregating up to ₹20.40 Cr).

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

20.99

P/E Post IPO

42.15

ROE

7.16%

ROCE

6.12%

Debt/Equity

0.51

RoNW

6.94%

PAT Margin

12.33

Price to Book Value

6.26

V 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%

Company Promoter(s)

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

Company Contact Details

V R Infraspace Limited

National Trade Center N. H. 8, Opp. L & T, Bapod Na Vadodara-390019

Phone: +91- 9737118885

Email: info@vrinfraspace.com

Website: https://vrinfraspace.in/

Registrar Contact Details

Link 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.