Vishnusurya Projects and Infra Limited IPO
NSE SMEListed On: Oct 10, 2023 at ₹ 73.0
₹ 136000 /2000 Shares
Check AllotmentVishnusurya Projects and Infra Limited IPO Details
29 Sep, 2023
Open Date05 Oct, 2023
Close Date06 Oct, 2023
Allotment Date10 Oct, 2023
Listing DateIssue Price
₹68 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Cameo Corporate Services LimitedList Price
73.0Listing Date
2023-10-10Market Lot
2000 Shares (₹136,000/-)Lead Manager
Khandwala Securities LimitedIssue Size
7,352,942 shares(aggregating up to ₹50.00 Cr)Retail Portion
50%Subscription
40.03 timesIPO Docs
DRHPVishnusurya Projects and Infra Limited IPO Subscription Details
As on | QIB / NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 3,490,000 | 3,490,000 | 6,980,000 |
Day 1 - 29-09-23 06:00 PM | 0.29 x | 1.40 x | 0.85 x |
Day 2 - 03-10-23 06:00 PM | 1.26 x | 9.04 x | 5.16 x |
Day 3 - 04-10-23 05:00 PM | 2.57 x | 19.37 x | 10.98 x |
Day 4 - 05-10-23 05:00 PM | 28.16 x | 43.63 x | 40.03 x |
Vishnusurya Projects and Infra Limited Valuations
Earnings Per Share (EPS)
₹25.3/-P/E Ratio
N/ARoNW
27.86%Net Asset Value (NAV) - Post Issue
₹N/A/-Vishnusurya Projects and Infra Limited Company Financials All values are in ₹ Lakh
31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
---|---|---|---|
Assets | 12,105.28 | 11,849.39 | 9,594.72 |
Revenue | 13,326.06 | 9,603.62 | 6,339.33 |
Profit After Tax | 1,736.64 | 2,158.97 | 229.18 |
About The 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.
Vishnusurya Projects and Infra Limited - Promoter(s)
Pre Issue Share Holding: 88.74%
Post Issue Share Holding: %
Company Promoter(s)
- Bhavani Jayaprakash
Vishnusurya Projects and Infra Limited IPO - Issue Objectives
- Funding of working capital requirements of the Company.
- Repayment / Prepayment, in part or full, of certain outstanding borrowings availed by the Company.
- General Corporate Purposes.
Vishnusurya Projects and Infra Limited IPO - FAQs
Ans. Vishnusurya Projects and Infra Limited IPO is a SME IPO. The issue is priced at ₹68 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 29, 2023, and closes on Oct 5, 2023. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Vishnusurya Projects and Infra Limited IPO opens on Sep 29, 2023 and closes on Oct 5, 2023.
Ans. The size of Vishnusurya Projects and Infra Limited IPO is 7,352,942 shares(aggregating up to ₹50.00 Cr).
Ans. The IPO price band is set between ₹68 per equity share.
Ans. To apply for Vishnusurya Projects and Infra Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Vishnusurya Projects and Infra 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 Vishnusurya Projects and Infra Limited IPO is Oct 6, 2023.
Ans. The Vishnusurya Projects and Infra Limited IPO will be listed on Oct 10, 2023.
Ans. Follow the steps to check the allotment status for Vishnusurya Projects and Infra Limited IPO here.