IPO

Vishnu Prakash R Punglia Limited IPO

Mainboard

Civil Construction

Listed On: Sep 5, 2023 at ₹ 165.0(NSE)

₹ 14850 /150 Shares

Check Allotment

24 Aug, 2023

Open Date

28 Aug, 2023

Close Date

31 Aug, 2023

Allotment Date

05 Sep, 2023

Listing Date
Price Summary

Last Closing

62.85 (-36.52%)

52 Week High

329.80

52 Week Low

62.15

Last Update

19-Dec-2025 3:30 PM
Vishnu Prakash R Punglia Limited IPO Issue Details
  • Issue Price ₹94-99 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 31,200,000 shares(aggregating up to ₹308.88 Cr)
  • Listing at BSE, NSE
  • List Price 165.0(NSE)
  • Listing Date 2023-09-05
  • Lead Manager Choice Capital Advisors Pvt Ltd
    Pantomath Capital Advisors Pvt Ltd
  • Registrar Link Intime India Private Ltd
Vishnu Prakash R Punglia Limited IPO Details
  • Retail Portion 35% (Number of Retail Applications: 72,100 Approx),
    (Number of S-HNI Applications : 735 Approx),
    (Number of B-HNI Applications : 1,471 Approx)
Vishnu Prakash R Punglia Limited IPO Documents
DRHP
RHP
ANCHOR
Vishnu Prakash R Punglia Limited IPO Details


The IPO of Vishnu Prakash R Punglia Limited is priced at ₹94-99 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Aug 24, 2023 and ends on Aug 28, 2023. The allotment for Vishnu Prakash R Punglia Limited IPO will be finalized on Aug 31, 2023. Vishnu Prakash R Punglia Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Sep 5, 2023. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Choice Capital Advisors Pvt Ltd, Pantomath Capital Advisors Pvt Ltd.


The Vishnu Prakash R Punglia Limited IPO sets its price band at 94-99 for each share. A single application for Vishnu Prakash R Punglia Limited IPO must contain at least 150 shares.

Read More
Vishnu Prakash R Punglia Limited IPO Subscription Analysis And Details
Retail
31.81x
QIB
171.69x
NII
110.99x
bNII
112.02x
sNII
108.92x
Total
87.70x
As on QIB NII
bNII   sNII 		Retail Total
Shares Offered / Reserved 6,180,000 4,635,000
3,090,000    1,545,000 		10,815,000 21,930,000
Day 1 24-08-23 05:00 PM
0.05 x 6.25
5.10 x   8.56 x 		4.86 x 3.76 x
Day 2 25-08-23 05:00 PM
0.35 x 19.39
15.22 x   27.74 x 		12.88 x 10.63 x
Day 3 28-08-23 05:00 PM
171.69 x 110.99
112.02 x   108.92 x 		31.81 x 87.70 x
Total No of Applications
20,75,960
Subscription on the basis of Applications
28.79
Vishnu Prakash R Punglia Limited Valuations
Earnings Per Share (EPS) ₹10.41/-
P/E Ratio 13.61
RoNW 38.31%
Net Asset Value (NAV) - As on 31.03.23 ₹36.11
Vishnu Prakash R Punglia Limited Company Financials
In Crs.
In Cr.
31-Mar-23 31-Mar-22 31-Mar-21
Assets 825.48 497.81 331.05
Revenue 1,171.46 787.39 487.67
Profit After Tax 90.64 44.85 18.98
About Vishnu Prakash R Punglia Limited Company

Vishnu Prakash R Punglia Limited is engaged in the business of designing and constructing infrastructure projects for the Central and State Governments, autonomous bodies, and private bodies across 9 States and 1 Union territory in India.

The company's principal business operations are broadly divided into four categories:
(i) Water Supply Projects (WSP)
(ii) Railway Projects
(iii) Road Projects
(iv) Irrigation Network Projects.

VPRP has been accredited with various registrations as a contractor with various departments and agencies viz. Jodhpur Development Authority, Jodhpur (Class AA), Rajasthan, Public Health Engineering Department, Rajasthan, (Class AA), Water Resources Department, Rajasthan (Class AA), roads and Building Department, Gujarat (Class AA), South Western Command, Military Engineering Services (MES), Jaipur (Class 'S'), Rajasthan, Public Works Department, Chhattisgarh (Class A), Public Works Department, Rajasthan (Class AA), Public Works Department, Madhya Pradesh, Bhopal (Civil works).

In 2021 VPRP was awarded a WSP by the Public Health Engineering Department (PHED), Manipur worth ₹4332.90 million as against a WSP awarded to it (as a partnership firm) by PHED, Rajasthan in 2002 of ₹19.80 million.

Read More
Vishnu Prakash R Punglia Limited - Promoter(s)

Mr. Vishnu Prakash Punglia

Mr. Manohar Lal Punglia

Mr. Sanjay Kumar Punglia

Mr. Kamal Kishor Pungalia

Mr. Ajay Pungalia

Pre Issue Share Holding : 90.45%

Post Issue Share Holding : 67.81%

Vishnu Prakash R Punglia Limited IPO - Issue Objectives
1

Funding capital expenditure requirements for the purchase of equipment/machinery.

2

Funding the working capital requirements of the company.

3

General corporate purposes.

Vishnu Prakash R Punglia Limited IPO - Anchor Investors

Vishnu Prakash R Punglia raises Rs 91.77 crore from anchor investors ahead of IPO.

A total of 13 foreign investors and domestic institutions participated in the anchor book round including Quant Mutual Fund, Max Life Insurance Company, Kotak Mahindra Life Insurance Company, Societe Generale, Minerva Emerging Opportunities Fund, Copthall Mauritius Investment, and BNP Paribas Arbitrage.

Vishnu Prakash R Punglia Limited IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Vishnu Prakash R 2.74 13.61 38.31% 1,171
PNC Infratech 1.96 14.0 16.6% 7,995
H.G. Infra 3.15 11.3 29.4% 4,867
NCC Limited 1.53 14.2 9.99% 16,612
Rail Vikas Nigam 3.54 17.7 20.7% 21,212
ITD Cementation 2.87 19.0 10.5% 5,826