Vision Infra Equipment Solutions Limited IPO

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.