Vision Infra Equipment Solutions Limited IPO
NSE SMEListed On: Sep 13, 2024 at ₹ 205.0
₹ 260800 /1600 Shares
*Min Investment
06 Sep, 2024
Open Date10 Sep, 2024
Close Date11 Sep, 2024
Allotment Date13 Sep, 2024
Listing DateVision Infra Equipment Solutions IPO Issue Details
- Issue Price ₹155-163 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 65,16,000 shares(aggregating up to ₹106.21 crore)
- Fresh Share 65,16,000 shares(aggregating up to ₹106.21 crore)
- Listing at NSE SME
- List Price 205.0
- Listing Date 2024-09-13
- Lead Manager Hem Securities Limited
- Registrar Link Intime India Private Ltd
Market Lot Size
Investors can bid for a minimum of 800 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 | 800 | ₹1,30,400 |
| Retail(max) | 1 | 800 | ₹1,30,400 |
| NII (min) | 2 | 1,600 | ₹2,60,800 |
Vision Infra Equipment Solutions IPO Reservation
Vision Infra Equipment Solutions IPO offers total 65,16,000 shares. Out of which 12,36,000 (18.97%) allocated to QIB, 9,27,200 (14.23%) allocated to NII,21,63,200 (33.2%) allocated to RII, NA (NA%) allocated to employees and 18,53,600 (28.45%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 18,53,600 (28.45%) | |
| Market Maker Shares Offered | 3,36,000 (5.16%) | |
| QIB Shares Offered | 12,36,000 (18.97%) | |
| NII (HNI) Shares Offered | 9,27,200 (14.23%) | |
| Retail Shares Offered | 21,63,200 (33.2%) | |
| Total Shares Offered | 65,16,000 (100%) |
Vision Infra Equipment Solutions IPO Documents
Vision Infra Equipment Solutions IPO Details
Vision Infra Equipment Solutions Limited IPO is an SME IPO, priced at ₹155-163 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 65,16,000 equity shares, aggregating up to ₹106.21 crores..
The IPO bidding window is open from Sep 6, 2024 to Sep 10, 2024. The allotment is expected to be finalized on Sep 11, 2024, and the tentative listing date is Sep 13, 2024.
The minimum lot size for Retail investors is 800 shares, with a minimum investment of ₹1,30,400. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,60,800.
Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Hem Finlease Private Limited will act as the market maker for this issue.
Vision Infra Equipment Solutions IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,236,000 / 927,200 | 2,163,200 | 4,362,400 |
Day 1 06-09-24 06:00 PM | 4.38 / 1.01 x | 1.22 x | 2.08 x |
Day 2 09-09-24 06:00 PM | 4.38 / 1.31 x | 3.13 x | 3.10 x |
Day 3 10-09-24 06:00 PM | 60.94 / 180.75 x | 24.14 x | 68.22 x |
Vision Infra Equipment Solutions Valuations
Vision Infra Equipment Solutions Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 36,134.00 | 24,743.86 | 20,848.77 |
| Revenue | 34,965.58 | 36,889.54 | 30,510.16 |
| Profit After Tax | 2,668.89 | 918.85 | 927.88 |
About Vision Infra Equipment Solutions Company
Vision Infra Equipment Solutions Limited was established in 2015. The company's services are mainly in the fields of airports, smart cities, irrigation, buildings and factories, mining, railroads, etc.
The services offered by the company include renting road construction machines and trading as well as reconditioning them. Road construction machinery is rented out through two pricing systems: (i) time-based pricing and (ii) output-based pricing. Under the time-based pricing model, customers pay for the equipment based on its use or period of use, which is mainly a fixed fee. On the other hand, under output-based pricing, the customer pays for the service based on the results or outcomes achieved by the service provided.
The company has a large fleet of equipment from major OEMs like Wirtgen, Case, Luigong, Dynapac, Komatsu, Atlas Copco, Ashok Leyland, Bharat Benz, Eicher Motors, Volvo, Terex Power Screen, Caterpillar, Metro, BOMAG, etc. It leases this fleet to infrastructure companies: Larsen & Toubro, Ashoka Buildcon Ltd, Afcons Infrastructure Ltd, NCC Ltd, GMR Infraprojects Ltd, Shapoorji Pallonji, Dilip Buildcon Ltd, Tata Projects Ltd, ITD Cementation India Limited, HG Infra Engineering Ltd, IRB Infra Developers Ltd, GR Infra Projects Ltd, etc. As of November 30, 2023, the company owned a fleet of 326 road construction machines.
As at March 31, 2024, Company had approximately 227 permanent and 763 contractual employees, composed of administrative officers, operators, drivers, electricians, engineers, helpers, logistics mechanics, painters, supervisors, and welders, whose services are necessarily required for conducting operations.
Vision Infra Equipment Solutions - Promoter(s)
Sachin Vinod Gandhi
Chetan Vinod Gandhi
Sameer Sanjay Gandhi
Pre Issue Share Holding : 95.44%
Post Issue Share Holding : 70.20%
Vision Infra Equipment Solutions IPO - Issue Objectives
Funding Capital Expenditure towards the purchase of additional equipment
Funding to meet working capital requirements
General Corporate Purpose
Contact Details
Vision Infra Equipment Solutions
Shop No 401-405, Bhawani, International BusinessBay, Bhavani Peth, Pune, Pune City - 411042
+91 (020) - 26440999
Registrar Contact Details
Vision Infra Equipment Solutions IPO - FAQs
Ans. Vision Infra Equipment Solutions Limited IPO is a SME IPO. The issue is priced at ₹155-163 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Sep 6, 2024, and closes on Sep 10, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Vision Infra Equipment Solutions Limited IPO opens on Sep 6, 2024 and closes on Sep 10, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Vision Infra Equipment Solutions Limited IPO is 6,516,000 shares(aggregating up to ₹106.21 Cr).
Ans. The Vision Infra Equipment Solutions Limited IPO price band is set between ₹155-163 per equity share.
Ans. To apply for Vision Infra Equipment Solutions Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Vision Infra Equipment Solutions 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 Vision Infra Equipment Solutions Limited IPO is Sep 11, 2024.
Ans. The Vision Infra Equipment Solutions Limited IPO will be listed on Sep 13, 2024.
Ans. Follow the steps to check the Vision Infra Equipment Solutions Limited IPO allotment status online.
