IPO

V R Infraspace Limited IPO

NSE SME

Listed On: Mar 12, 2024 at ₹ 90.0

₹ 136000 /1600 Shares

Check Allotment

V R Infraspace Limited IPO Details

04 Mar, 2024

Open Date

06 Mar, 2024

Close Date

07 Mar, 2024

Allotment Date

12 Mar, 2024

Listing Date

Issue Price

₹85 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

90.0

Listing Date

2024-03-12

Market Lot

1600 Shares (₹136,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

2,400,000 shares(aggregating up to ₹20.40 Cr)

Retail Portion

50%

Subscription

90.88 times

IPO Docs

RHP

V R Infraspace Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,139,2001,139,2003,278,400
Day 1 - 04-03-24 06:00 PM1.10 x8.05 x4.58 x
Day 2 - 05-03-24 06:00 PM4.49 x25.46 x14.98 x
Day 3 - 06-03-24 06:00 PM85.67 x96.08 x90.88 x

V R Infraspace Limited Valuations

EPS Pre IPO

₹4.05/-

EPS Post IPO

₹2.02/-

P/E Pre IPO

20.99

P/E Post IPO

42.15

RoNW

6.94%

V R Infraspace Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets4,328.384,920.595,479.20
Revenue1,875.531,387.651,348.70
Profit After Tax262.4779.7472.04

About The Company

V R Infraspace Limited is a real estate development company primarily focused on constructing and developing residential and commercial projects in and around Vadodara, Gujarat.

The company offers a range of luxurious, affordable residential buildings with various types of accommodations. Each building has security systems, sports and recreational facilities, play areas, and electricity backups. The company provides residential and commercial projects under the brand name VR.

V R Infraspace has completed residential projects named VR Celebrity Luxuria and VR Imperia and a commercial project named VR One Commercial Business Center.

As of September 30, 2023, the Company reported a Consolidated Total Income of Rs. 732.41 Lakhs and Profit after tax of Rs. 89.54 Lakhs.

The company's registered office is situated at Vadodara, Gujarat, India.

As of August 31st, 2023, the company has 9 employees at the construction site and registered office, including key management personnel.

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V R Infraspace Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 72.97%


Company Promoter(s)

  1. Mr. Vipul Devchand Rupareliya
  2. Mrs. Sumitaben Vipulbhai Rupareliya

V R Infraspace Limited IPO - Issue Objectives

  1. Investment into our subsidiary namely M/s Narnarayan Enterprise
  2. To Meet Working Capital Requirement
  3. General Corporate Purpose
  4. To Meet the Issue Expenses

V R Infraspace Limited IPO - FAQs

Ans. V R Infraspace Limited IPO is a SME IPO. The issue is priced at ₹85 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Mar 4, 2024, and closes on Mar 6, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The V R Infraspace Limited IPO opens on Mar 4, 2024 and closes on Mar 6, 2024.

Ans. The size of V R Infraspace Limited IPO is 2,400,000 shares(aggregating up to ₹20.40 Cr).

Ans. The IPO price band is set between ₹85 per equity share.

Ans. To apply for V R Infraspace Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find V R Infraspace 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 R Infraspace Limited IPO is Mar 7, 2024.

Ans. The V R Infraspace Limited IPO will be listed on Mar 12, 2024.

Ans. Follow the steps to check the allotment status for V R Infraspace Limited IPO here.