V R Infraspace Limited IPO
V R Infraspace Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹85 per share. The stock debuted at ₹90, delivering a listing gain of 5.9%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,36,000.
V R Infraspace Limited IPO
- IPO Dates
- Mar 4, 2024 – Mar 6, 2024
- Price band
- ₹85 per equity share
- Minimum Investment
- ₹1,36,000
- Issue size
- ₹20.4 Cr
- Lot size
- 1600
- Allotment Date
- Mar 7, 2024
- Listing
- Mar 12, 2024
- Listing At
- NSE SME
IPO timeline
-
Mar 4, 2024
Open Date
Completed
-
Mar 6, 2024
Close Date
Completed
-
Mar 7, 2024
Allotment Date
Completed
-
Mar 12, 2024
Listing Date
Completed
V R Infraspace Limited IPO Essentials
V R Infraspace Limited IPO Details
V R Infraspace Limited IPO is priced at ₹85 per share with a total issue size of 20.4 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹85 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,400,000 shares(aggregating up to ₹20.40 Cr)
- Total issue size
- 24,00,000 shares
(aggregating up to ₹20.4 crore) - Fresh issue
- 24,00,000 shares
(aggregating up to ₹20.4 crore) - Listing at
- NSE SME
- List price
- 90.0
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,36,000 |
| Retail(max) | 1 | 1600 | ₹1,36,000 |
| NII (min) | 2 | 3,200 | ₹2,72,000 |
V R Infraspace Limited IPO Reservation
V R Infraspace Limited IPO reservation details show category-wise allocation of shares. Out of the total 2,400,000 shares, approximately 47.47% for retail investors, and 5.07% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 121,600 (5.07%) | |
| Retail Shares Offered | 1,139,200 (47.47%) | |
| Total Shares Offered | 2,400,000 (100%) |
V R Infraspace Limited IPO Analytics
V R Infraspace Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
V R Infraspace Limited IPO Subscription Status
V R Infraspace Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹4.05/-
- EPS Post IPO
- ₹2.02/-
- P/E Pre IPO
- 20.99
- P/E Post IPO
- 42.15
Returns
- ROE
- 7.16%
- ROCE
- 6.12%
- RoNW
- 6.94%
- PAT Margin
- 12.33
Fundamentals
- Debt / Equity
- 0.51
- Price / Book
- 6.26
V R Infraspace Limited Financials( In Lakhs)
| 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 |
V R Infraspace Limited Company & Offer Insights
About V R Infraspace Limited
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)
Mr. Vipul Devchand Rupareliya, Mrs. Sumitaben Vipulbhai Rupareliya are the company's promoters of V R Infraspace Limited.
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
V R Infraspace Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| V R Infraspace Limited | 4.04 | N/A | 18.61 | 21.04 | 21.71 | 4.57 | Standalone |
| Samor Reality Ltd | 0.22 | N/A | 25.61 | 135.23 | 0.46 | 1.16 | Standalone |
| Laxmi Goldorna House Limited | 0.19 | N/A | 15.26 | 343.68 | 1.24 | 4.28 | Standalone |
Notes:
- Based on March 31, 2023 restated financial statements.
- Basic & Diluted Earnings per Share (EPS) is calculated on a weighted average number of shares after considering Bonus Issue of Shares.
- Price Earning (P/E) Ratio is in relation to the Issue Price of ₹85.00 per share.
Contact Information
Contact Details
V R Infraspace Limited
+91- 9737118885
National Trade Center N. H. 8, Opp. L & T, Bapod Na Vadodara-390019
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
V R Infraspace Limited IPO is a Fixed Priced IPO worth ₹20.4 crore. The issue price is ₹85 per share (fixed price). The IPO opens on Mar 4, 2024 and closes on Mar 6, 2024. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The issue price of V R Infraspace Limited IPO is ₹85 per share (fixed price).
The lot size of V R Infraspace Limited IPO is 1600 shares.
The minimum investment for V R Infraspace Limited IPO is approximately ₹1,36,000 based on the issue price .
V R Infraspace Limited IPO opens on Mar 4, 2024 and closes on Mar 6, 2024.
The allotment date of V R Infraspace Limited IPO is Mar 7, 2024.
V R Infraspace Limited IPO is expected to be listed on Mar 12, 2024, on NSE SME Platform.
V R Infraspace Limited IPO valuation snapshot: P/E 42.15, EPS ₹2.02/-, P/B 6.26, RoNW 6.94%, and market cap N/A.
To apply for V R Infraspace Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of V R Infraspace Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for V R Infraspace Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check V R Infraspace Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the V R Infraspace Limited IPO allotment status on IPO Ji for quick and easy access.