V R Infraspace Limited IPO
NSE SMEListed On: Mar 12, 2024 at ₹ 90.0
₹ 272000 /3200 Shares
*Min Investment
04 Mar, 2024
Open Date06 Mar, 2024
Close Date07 Mar, 2024
Allotment Date12 Mar, 2024
Listing DateV R Infraspace Limited IPO Issue Details
- Issue Price ₹85 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 24,00,000 shares(aggregating up to ₹20.4 crore)
- Fresh Share 24,00,000 shares(aggregating up to ₹20.4 crore)
- Listing at NSE SME
- List Price 90.0
- Listing Date 2024-03-12
- Lead Manager Beeline Capital Advisors Pvt Ltd
- Registrar Link Intime India Private 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 offers total 2,400,000 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,1,139,200 (47.47%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| 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 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 Analysis And 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
V R Infraspace Limited Company Financials
| 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 V R Infraspace Limited 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)
Mr. Vipul Devchand Rupareliya
Mrs. Sumitaben Vipulbhai Rupareliya
Pre Issue Share Holding : 100%
Post Issue Share Holding : 72.97%
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 Details
V R Infraspace Limited
National Trade Center N. H. 8, Opp. L & T, Bapod Na Vadodara-390019
+91- 9737118885
Registrar Contact Details
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. You can track the real-time subscription numbers using the links below:
Ans. The size of V R Infraspace Limited IPO is 2,400,000 shares(aggregating up to ₹20.40 Cr).
Ans. The V R Infraspace Limited IPO price band is set between ₹85 per equity share.
Ans. To apply for V R Infraspace Limited 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 V R Infraspace Limited IPO allotment status online.
