V.L.Infraprojects IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jul 23 to Jul 25 2024
Price Band
₹39 - 42
Current GMP
₹60(142.86%)
Subscription
633.63 times
IPO Details
| IPO Date | July 23, 2024 to July 25, 2024 |
| Listing Date | Tuesday, July 30, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹39 to ₹42 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 4,410,000 shares (aggregating up to ₹18.52 Cr) |
| Fresh Issue | 4,410,000 shares (aggregating up to ₹18.52 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 11,302,500 |
| Share holding post issue | 15,712,500 |
| Market Maker portion | 240,000 shares Spread X Securities |
IPO Date
July 23, 2024 to July 25, 2024
Listing Date
Tuesday, July 30, 2024
Face Value
₹10 per share
Price Band
₹39 to ₹42 per share
Lot Size
3000 Shares
Total Issue Size
4,410,000 shares (aggregating up to ₹18.52 Cr)
Fresh Issue
4,410,000 shares (aggregating up to ₹18.52 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
11,302,500
Share holding post issue
15,712,500
Market Maker portion
240,000 shares Spread X Securities
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 203.73 |
| Non-Institutional Buyers*** | 725.73 |
| Retail Investors | 839.50 |
| Total ** | 633.63 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
203.73
Non-Institutional Buyers***
725.73
Retail Investors
839.50
Total **
633.63
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jul 23, 2024 | 0.88 | 41.65 | 106.07 | 62.22 |
| Day 2 Jul 24, 2024 | 9.31 | 140.48 | 292.84 | 179.22 |
| Day 3 Jul 25, 2024 | 203.73 | 725.73 | 839.50 | 633.63 |
DayDay 1
Jul 23, 2024
QIB0.88
NII*41.65
Retail106.07
Total62.22
DayDay 2
Jul 24, 2024
QIB9.31
NII*140.48
Retail292.84
Total179.22
DayDay 3
Jul 25, 2024
QIB203.73
NII*725.73
Retail839.50
Total633.63
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 30-07-2024 | 42.00 | 60(142.86%) | 102 |
| 29-07-2024 | 42.00 | 60(142.86%) | 102 |
| 28-07-2024 | 42.00 | 62(147.62%) | 104 |
| 27-07-2024 | 42.00 | 62(147.62%) | 104 |
| 26-07-2024 | 42.00 | 65(154.76%) | 107 |
| 25-07-2024 | 42.00 | 62(147.62%) | 104 |
| 24-07-2024 | 42.00 | 67(159.52%) | 109 |
| 23-07-2024 | 42.00 | 55(130.95%) | 97 |
| 22-07-2024 | 42.00 | 50(119.05%) | 92 |
| 21-07-2024 | 42.00 | 40(95.24%) | 82 |
| 20-07-2024 | 42.00 | 40(95.24%) | 82 |
| 19-07-2024 | 42.00 | 40(95.24%) | 82 |
| 18-07-2024 | 42.00 | 40(95.24%) | 82 |
| 17-07-2024 | 42.00 | 20(47.62%) | 62 |
| 16-07-2024 | 42.00 | 0(0.0%) | 42 |
Date30-07-2024
Price42.00
GMP60(142.86%)
Estimate List Price102
Date29-07-2024
Price42.00
GMP60(142.86%)
Estimate List Price102
Date28-07-2024
Price42.00
GMP62(147.62%)
Estimate List Price104
Date27-07-2024
Price42.00
GMP62(147.62%)
Estimate List Price104
Date26-07-2024
Price42.00
GMP65(154.76%)
Estimate List Price107
Date25-07-2024
Price42.00
GMP62(147.62%)
Estimate List Price104
Date24-07-2024
Price42.00
GMP67(159.52%)
Estimate List Price109
Date23-07-2024
Price42.00
GMP55(130.95%)
Estimate List Price97
Date22-07-2024
Price42.00
GMP50(119.05%)
Estimate List Price92
Date21-07-2024
Price42.00
GMP40(95.24%)
Estimate List Price82
Date20-07-2024
Price42.00
GMP40(95.24%)
Estimate List Price82
Date19-07-2024
Price42.00
GMP40(95.24%)
Estimate List Price82
Date18-07-2024
Price42.00
GMP40(95.24%)
Estimate List Price82
Date17-07-2024
Price42.00
GMP20(47.62%)
Estimate List Price62
Date16-07-2024
Price42.00
GMP0(0.0%)
Estimate List Price42
IPO Important Dates
| IPO Open Date | Tuesday, July 23, 2024 |
| IPO Close Date | Thursday, July 25, 2024 |
| Basis of Allotment | Friday, July 26, 2024 |
| Initiation of Refunds | Monday, July 29, 2024 |
| Credit of Shares to Demat | Monday, July 29, 2024 |
| Listing Date | Tuesday, July 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 25, 2024 |
IPO Open Date
Tuesday, July 23, 2024
IPO Close Date
Thursday, July 25, 2024
Basis of Allotment
Friday, July 26, 2024
Initiation of Refunds
Monday, July 29, 2024
Credit of Shares to Demat
Monday, July 29, 2024
Listing Date
Tuesday, July 30, 2024
Cut-off time for UPI mandate confirmation
5 PM on July 25, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹126,000 |
| Retail (Max) | 1 | 3000 | ₹126,000 |
| HNI (Min) | 2 | 6,000 | ₹252,000 |
ApplicationRetail (Min)
Lots1
Shares3000
Amount₹126,000
ApplicationRetail (Max)
Lots1
Shares3000
Amount₹126,000
ApplicationHNI (Min)
Lots2
Shares6,000
Amount₹252,000
Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| 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 and Surplus | 505.76 | 268.50 | 456.84 |
| Total Borrowing | 1,654.81 | 999.02 | 1,003.52 |
Period EndedPeriod Ended
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Mar 20245,691.39
31 Mar 20232,836.24
31 Mar 20221,955.40
Period EndedRevenue
31 Mar 202411,400.05
31 Mar 20234,565.14
31 Mar 20223,560.70
Period EndedProfit After Tax
31 Mar 2024614.01
31 Mar 2023222.66
31 Mar 2022110.58
Period EndedNet Worth
31 Mar 20241,636.01
31 Mar 20231,022.00
31 Mar 2022730.84
Period EndedReserves and Surplus
31 Mar 2024505.76
31 Mar 2023268.50
31 Mar 2022456.84
Period EndedTotal Borrowing
31 Mar 20241,654.81
31 Mar 2023999.02
31 Mar 20221,003.52
Key Performance Indicator
| ROE | 46.20% |
| ROCE | 39.09% |
| RoNW | 37.53% |
| P/BV | 2.9 |
| PAT Margin (%) | 5.39 |
| EPS (Rs) | 5.43 |
ROE
46.20%
ROCE
39.09%
RoNW
37.53%
P/BV
2.9
PAT Margin (%)
5.39
EPS (Rs)
5.43
IPO Reservation
| Anchor Investor Shares Offered | 1,248,000 (28.30%) |
| Market Maker Shares Offered | 240,000 (5.44%) |
| QIB Shares Offered | 834,000 (18.91%) |
| NII (HNI) Shares Offered | 627,000 (14.22%) |
| Retail Shares Offered | 1,461,000 (33.13%) |
| Total Shares Offered | 4,410,000 (100%) |
Anchor Investor Shares Offered
1,248,000 (28.30%)
Market Maker Shares Offered
240,000 (5.44%)
QIB Shares Offered
834,000 (18.91%)
NII (HNI) Shares Offered
627,000 (14.22%)
Retail Shares Offered
1,461,000 (33.13%)
Total Shares Offered
4,410,000 (100%)
Information about company
V.L.Infraprojects Limited was founded in 2014 and offers the planning, construction, and commissioning of various government projects, especially in the field of water infrastructure and irrigation.
The company is engaged in the execution of water supply and wastewater infrastructure projects which mainly include procurement of pipes and their laying, connection, and commissioning with backward integration, including all related civil engineering works such as civil works, pumping stations, and installation of electro-mechanical equipment (pumping machines) for distribution of water supply from river to household. The company also provides operation and maintenance services for water pipelines.
The company is a Class AA approved contractor by the Government of Gujarat, holds a civil/ electrical contractor license from the Karnataka State Public Works Department, is registered with the Government of Telangana in a special class, and is approved as a contractor by the Government of Madhya Pradesh.
As of March 31, 2024, the company had a total of 30 employees.
Objectives of IPO
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
To Meet Working Capital Requirements; and
General Corporate Purposes.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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