V.L.Infraprojects Limited IPO
NSE SMEListed On: Jul 30, 2024 at ₹ 79.8
₹ 252000 /6000 Shares
*Min Investment
23 Jul, 2024
Open Date25 Jul, 2024
Close Date26 Jul, 2024
Allotment Date30 Jul, 2024
Listing DateV.L.Infraprojects Limited IPO Issue Details
- Issue Price ₹39-42 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 44,10,000 shares(aggregating up to ₹18.52 crore)
- Fresh Share 44,10,000 shares(aggregating up to ₹18.52 crore)
- Listing at NSE SME
- List Price 79.8
- Listing Date 2024-07-30
- Lead Manager Beeline Capital Advisors Pvt Ltd
- Registrar Skyline Financial Services Private Ltd
V.L.Infraprojects Limited IPO Details
- Retail Portion 35%
V.L.Infraprojects Limited IPO Details
V.L.Infraprojects Limited IPO is an SME IPO, priced at ₹39-42 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 44,10,000 equity shares, aggregating up to ₹18.52 crores..
The IPO bidding window is open from Jul 23, 2024 to Jul 25, 2024. The allotment is expected to be finalized on Jul 26, 2024, and the tentative listing date is Jul 30, 2024.
Beeline Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and Spread X Securities Private Limited will act as the market maker for this issue.
V.L.Infraprojects Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 834,000 / 627,000 | 1,461,000 | 2,922,000 |
Day 1 23-07-24 06:00 PM | 0.88 / 41.65 x | 106.07 x | 62.22 x |
Day 2 24-07-24 06:00 PM | 9.31 / 140.48 x | 292.84 x | 179.22 x |
Day 3 25-07-24 06:00 PM | 203.73 / 726.11 x | 839.50 x | 633.71 x |
V.L.Infraprojects Limited Valuations
V.L.Infraprojects Limited Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 5,691.39 | 2,836.24 | 1,955.40 |
| Revenue | 11,400.05 | 4,565.14 | 3,560.70 |
| Profit After Tax | 614.01 | 222.66 | 110.58 |
| Net Worth | 1,636.01 | 1,022.00 | 730.84 |
| Reserves & Surplus | 505.76 | 268.50 | 456.84 |
| Total Borrowing | 1,654.81 | 999.02 | 1,003.52 |
About V.L.Infraprojects Limited Company
V.L.Infraprojects Limited was established in 2014 and has the provision for planning, construction, and commissioning of various government projects - especially the sectors of water infrastructure and irrigation.
The company is involved in the implementation of water supply and wastewater infrastructure projects that basically involve purchasing pipes and laying, connecting, and commissioning with backward integration, including all civil engineering works such as civil works, pumping stations, and installation of electro-mechanical equipment (pumping machines) for the supply of water from the river to household. The company offers operation and maintenance services for water pipelines.
The government of Gujarat has classified the Company as Class AA approved contractor. Karnataka State Public Works Department classifies the Company as a civil/electrical contractor. The Company is registered in special class with the Government of Telangana. It is approved as a contractor by the Government of Madhya Pradesh.
As on March 31, 2024, the company had 30 employees total.
V.L.Infraprojects Limited - Promoter(s)
Mr. Rajagopal Reddy Annam Reddy
Mrs. Mydhili Rajagopal Reddy
Mr. Nageswara Rao Repuri
Pre Issue Share Holding : 90.91%
Post Issue Share Holding : 65.39%
V.L.Infraprojects Limited IPO - Issue Objectives
To Meet Working Capital Requirements
General Corporate Purposes.
V.L.Infraprojects Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| V.L. Infraprojects Limited | 5.43 | 5.43 | 14.47 | 7.73 | 37.53 | 2.9 | Standalone |
| Ems Limited | 28.91 | 28.91 | 151.29 | 13.92 | 19.11 | 2.66 | Standalone |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on the NSE on March 28, 2024, divided by the Basic & Diluted EPS for the financial year ended March 31, 2024.
- RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital and reserves and surplus.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares adjusted for bonus shares.
Contact Details
V.L.Infraprojects Limited
Office at 716, Shivalik Satyamev, Near Vakil saheb Bridge Bopal, Ahmedabad- 380058
+91 9998850177
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
V.L.Infraprojects Limited IPO - FAQs
Ans. V.L.Infraprojects Limited IPO is a SME IPO. The issue is priced at ₹39-42 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Jul 23, 2024, and closes on Jul 25, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The V.L.Infraprojects Limited IPO opens on Jul 23, 2024 and closes on Jul 25, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of V.L.Infraprojects Limited IPO is 4,410,000 shares(aggregating up to ₹18.52 Cr).
Ans. The V.L.Infraprojects Limited IPO price band is set between ₹39-42 per equity share.
Ans. To apply for V.L.Infraprojects Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find V.L.Infraprojects 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.L.Infraprojects Limited IPO is Jul 26, 2024.
Ans. The V.L.Infraprojects Limited IPO will be listed on Jul 30, 2024.
Ans. Follow the steps to check the V.L.Infraprojects Limited IPO allotment status online.
