IPO

Vishnusurya Projects and Infra Limited IPO

NSE SME

Listed On: Oct 10, 2023 at ₹ 73.0

₹ 272000 /4000 Shares
*Min Investment

Check Allotment

29 Sep, 2023

Open Date

05 Oct, 2023

Close Date

06 Oct, 2023

Allotment Date

10 Oct, 2023

Listing Date
Vishnusurya Projects and Infra Limited IPO Issue Details
  • Issue Price ₹68 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 7,352,942 shares(aggregating up to ₹50.00 Cr)
  • Listing at NSE SME
  • List Price 73.0
  • Listing Date 2023-10-10
  • Lead Manager Khandwala Securities Limited
  • Registrar Cameo Corporate Services Limited
Vishnusurya Projects and Infra Limited IPO Details
  • Retail Portion 50%
Vishnusurya Projects and Infra Limited IPO Documents
Vishnusurya Projects and Infra Limited IPO Details


Vishnusurya Projects and Infra Limited IPO is an SME IPO, priced at ₹68 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 bidding window is open from Sep 29, 2023 to Oct 5, 2023. The allotment is expected to be finalized on Oct 6, 2023, and the tentative listing date is Oct 10, 2023.


The registrar of the IPO is Cameo Corporate Services Limited, and

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Vishnusurya Projects and Infra Limited IPO Subscription Analysis And Details
Retail
43.63x
Total
40.03x
As onQIB / NIIRetailTotal
Shares Offered / Reserved3,490,0003,490,0006,980,000
Day 1 29-09-23 06:00 PM
0.29 x1.40 x0.85 x
Day 2 03-10-23 06:00 PM
1.26 x9.04 x5.16 x
Day 3 04-10-23 05:00 PM
2.57 x19.37 x10.98 x
Day 4 05-10-23 05:00 PM
28.16 x43.63 x40.03 x
Vishnusurya Projects and Infra Limited Valuations
Earnings Per Share (EPS) ₹25.3/-
P/E Ratio N/A
RoNW 27.86%
Net Asset Value (NAV) - Post Issue ₹N/A/-
Vishnusurya Projects and Infra Limited Company Financials
In Lakhs
In Lakh
31-Mar-2331-Mar-2231-Mar-21
Assets12,105.2811,849.399,594.72
Revenue13,326.069,603.626,339.33
Profit After Tax1,736.642,158.97229.18
About Vishnusurya Projects and Infra Limited Company

Vishnusurya Projects and Infra Limited is engaged in the mining of rough stones and manufacturing of aggregates and manufacture-sand by using Crushing Plants and Sand washing plants.

The company has three business verticals:
1. Engineering, Procurement, and Construction (EPC): The company offers a diverse range of capabilities in property development and the realty industry such as Commercial and Mixed Development Construction, IT and Institutional Space, Retail (Malls), Offices, Industrial Parks, Residential Projects, Luxury Villas, Resorts, Factories and Warehouses, Stadiums, Exhibition and Convention Centres, Entertainment, Industrial Construction, and Brownfield Development.2. Mining of aggregates and production of manufactured sand: The Company owns and operates two quarries in Tamil Nadu, India. The first blue metal mining quarry and crushing facility is spread over 105 acres at Aruppukottai, Virudhunagar District, Tamil Nadu. This facility handles the entire rock breaking and rock auguring operations and the crushing machine here is capable of producing an output of 250 tonnes per hour and 100 tonnes of sand washing at a given point in time. The second aggregates and manufactured sand unit is located in Vandavasi, Tiruvannamalai District, Tamil Nadu. This facility is equipped with a crushing machine capable of handling 350 tonnes and 150 tonnes of sand washing at a given point in time. The facility is located 100 km from Chennai.
3. Drones or unarmed aerial vehicles.

The company has been accredited as a Class I contractor with various departments and agencies viz. (1) Greater Chennai Corporation (GCC), (2) Government of Tamil Nadu Water Resources Department, (3) Tamil Nadu Water Supply and Drainage Board, and (4) Highways Departments pursuant to which the company is eligible to participate and undertake projects awarded by various other departments and agencies.

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Vishnusurya Projects and Infra Limited - Promoter(s)

Bhavani Jayaprakash

Pre Issue Share Holding : 88.74%

Post Issue Share Holding : %

Vishnusurya Projects and Infra Limited IPO - Issue Objectives
1

Funding of working capital requirements of the Company.

2

Repayment / Prepayment, in part or full, of certain outstanding borrowings availed by the Company.

3

General Corporate Purposes.