Vishnusurya Projects And Infra IPO Details, Review, Fundamentals: The fixed price issue for the Vishnusurya Projects and Infra IPO is for Rs 49.98 crores. The entire 73.5 lakh share offering is a new issuance. Shares of Vishnusurya Projects and Infra Initial Public Offering are priced at 68 each. The basic minimal lot size of an application is 2000 Shares. A minimum 136,000 initial investment is required from retail investors. The minimum lot size for HNI is 2 lots (4,000 shares), representing a minimum investment of 272,000.
On September 29, 2023, subscriptions for the Vishnusurya Projects and Infra Initial Public Offering open, and they conclude on October 4, 2023. The allotment for Vishnusurya Projects and Infra’s IPO is projected to be finished on Monday, October 9, 2023. On October 12, 2023, Vishnusurya Projects and Infra IPO is scheduled to debut on the NSE SME.
Cameo Corporate Services Limited is the registrar for the Vishnusurya Projects and Infra IPO, and Khandwala Securities Limited is the book running lead manager. The market maker for the IPO of Vishnusurya Projects and Infra is Nikunj Stock Brokers.
Vishnusurya Projects And Infra IPO Overview
| Vishnusurya Projects And Infra Limited Company Overview | |
|---|---|
| Company Name | Vishnusurya Projects And Infra Limited |
| IPO Opening Date | 27 September, 2023 |
| IPO Closing Date | 04 October, 2023 |
| Face Value | 10₹ Per Share |
| Share Price Range | 68₹ |
| Lot Size | 2000 Shares |
| GMP | Check Here |
| Issue Type | Fixed Price Issue IPO |
| Total IPO Issue Size | 7,350,000 Shares |
| Fresh Issue Size | 7,350,000 Shares |
| IPO Listing At | NSE SME |
| Share Holding Pre Issue | 17,269,671 |
| Share Holding Post Issue | 24,609,671 |
| More IPO’s | Check Here |
Vishnusurya Projects And Infra IPO Lot Size
| Vishnusurya Projects And Infra IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 01 Lot |
| Maximum Retail Applications | 01 Lot |
| Minimum HNI Applications | 02 Lots |
| Total Shares In Single Lot | 2000 Shares |
| Amount For Single Lot | ₹136,000 |
Vishnusurya Projects And Infra IPO Time Table (Tentative)
| Vishnusurya Projects And Infra Limited IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 29 September, 2023 |
| IPO Ending Date | 04 October, 2023 |
| Basis Of Allotment | 09 October, 2023 |
| Initiation Of Refund | 10 October, 2023 |
| Shares Credit To Demat Account | 11 October, 2023 |
| Date Of Listing | 12 October, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05:00 PM, 04 October, 2023 |
Vishnusurya Projects And Infra IPO Reservation Details
| Vishnusurya Projects And Infra Limited IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | 50% Of Net Offer |
| Shares Offered To Others | 50% Of Net Offer |
Vishnusurya Projects And Infra Company Financials
| Vishnusurya Projects And Infra Limited Company Financials Information | |
|---|---|
| This Data Is Of | 31 March, 2023 |
| Total Revenue | 13,326.06 Lakh |
| Assets | 12,105.28 Lakh |
| Profit After Tax | 1,734.64 Lakh |
| Net Worth | 5,952.39 Lakh |
| Reserves And Surplus | 5,043.99 Lakh |
| Debt | 3,625.24 Lakh |
Vishnusurya Projects And Infra Promoters Holding
| Share Holding Pre Issue | 88.74% |
| Share Holding Post Issue | 62.24% |
Vishnusurya Projects And Infra Key Performance Indicators
| Vishnusurya Projects And Infra Limited Key Performance Indicators | |
|---|---|
| KPI | Values |
| Debt/Equity | 1.03 |
| P/E (X) | 2.69 |
| EPS | 25.3 |
| ROE | 27.86% |
| ROCE | 31.22% |
| RoNW | 27.86% |
Is Vishnusurya Projects And Infra IPO Good Or Bad To Buy?
Vishnusurya Projects and Infra Limited, a 1996 incorporation, engages in the mining of uncut stones, the production of aggregates, and the creation of sand utilizing crushing units and sand washing machines.
- Mining of aggregates and production of manufactured sand.
- Engineering, Procurement, and Construction (EPC).
- Drones or unarmed aerial vehicles
The Greater Chennai Corporation (GCC), the Government of Tamil Nadu Water Resources Department, the Tamil Nadu Water Supply and Drainage Board, and the Highways Departments have all accredited the company as a Class I contractor, making it eligible to participate in and take on projects awarded by multiple departments and agencies.
What Is The Objective Of Vishnusurya Projects And Infra IPO Issue?
- Funding for the company’s working capital needs.
- Repayment or prepayment of some outstanding borrowings obtained by the Company, in whole or in part.
- Corporate general purposes.
How To Apply For Vishnusurya Projects And Infra IPO?
- Log into Console by visiting the Zerodha website.
- To access the IPOs link, go to Portfolio and click it.
- Click the “Bid” button under the “Vishnusurya Projects and Infra IPO” row.
- The Price, Quantity, and UPI ID must all be entered.
- Application for IPO must be “Submitted.”
- For further information, go to the UPI App (or BHIM or net banking).