Vision Infra Equipment Solutions IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Sep 06 to Sep 10 2024
Price Band
₹155 - 163
Current GMP
₹205(25.77%)
Subscription
68.14 times
IPO Details
| IPO Date | September 6, 2024 to September 10, 2024 |
| Listing Date | Friday, September 13, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹155 to ₹163 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 6,516,000 shares (aggregating up to ₹106.21 Cr) |
| Fresh Issue | 6,516,000 shares (aggregating up to ₹106.21 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,300,000 |
| Share holding post issue | 23,816,000 |
| Market Maker portion | 336,000 shares Hem Finlease |
IPO Date
September 6, 2024 to September 10, 2024
Listing Date
Friday, September 13, 2024
Face Value
₹10 per share
Price Band
₹155 to ₹163 per share
Lot Size
800 Shares
Total Issue Size
6,516,000 shares (aggregating up to ₹106.21 Cr)
Fresh Issue
6,516,000 shares (aggregating up to ₹106.21 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
17,300,000
Share holding post issue
23,816,000
Market Maker portion
336,000 shares Hem Finlease
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 60.94 |
| Non-Institutional Buyers*** | 180.39 |
| Retail Investors | 24.14 |
| Total ** | 68.14 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
60.94
Non-Institutional Buyers***
180.39
Retail Investors
24.14
Total **
68.14
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Sep 6, 2024 | 4.38 | 1.01 | 1.22 | 2.08 |
| Day 2 Sep 9, 2024 | 4.38 | 1.31 | 3.13 | 3.10 |
| Day 3 Sep 10, 2024 | 60.94 | 180.39 | 24.14 | 68.14 |
DayDay 1
Sep 6, 2024
QIB4.38
NII*1.01
Retail1.22
Total2.08
DayDay 2
Sep 9, 2024
QIB4.38
NII*1.31
Retail3.13
Total3.10
DayDay 3
Sep 10, 2024
QIB60.94
NII*180.39
Retail24.14
Total68.14
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 13-09-2024 | 163.00 | 95(58.28%) | 258 |
| 12-09-2024 | 163.00 | 95(58.28%) | 258 |
| 11-09-2024 | 163.00 | 75(46.01%) | 238 |
| 10-09-2024 | 163.00 | 75(46.01%) | 238 |
| 09-09-2024 | 163.00 | 0(0.0%) | 163 |
| 08-09-2024 | 163.00 | 0(0.0%) | 163 |
| 07-09-2024 | 163.00 | 0(0.0%) | 163 |
| 06-09-2024 | 163.00 | 0(0.0%) | 163 |
| 05-09-2024 | 163.00 | 0(0.0%) | 163 |
| 04-09-2024 | 163.00 | 0(0.0%) | 163 |
| 03-09-2024 | 163.00 | 0(0.0%) | 163 |
| 02-09-2024 | 163.00 | 0(0.0%) | 163 |
Date13-09-2024
Price163.00
GMP95(58.28%)
Estimate List Price258
Date12-09-2024
Price163.00
GMP95(58.28%)
Estimate List Price258
Date11-09-2024
Price163.00
GMP75(46.01%)
Estimate List Price238
Date10-09-2024
Price163.00
GMP75(46.01%)
Estimate List Price238
Date09-09-2024
Price163.00
GMP0(0.0%)
Estimate List Price163
Date08-09-2024
Price163.00
GMP0(0.0%)
Estimate List Price163
Date07-09-2024
Price163.00
GMP0(0.0%)
Estimate List Price163
Date06-09-2024
Price163.00
GMP0(0.0%)
Estimate List Price163
Date05-09-2024
Price163.00
GMP0(0.0%)
Estimate List Price163
Date04-09-2024
Price163.00
GMP0(0.0%)
Estimate List Price163
Date03-09-2024
Price163.00
GMP0(0.0%)
Estimate List Price163
Date02-09-2024
Price163.00
GMP0(0.0%)
Estimate List Price163
IPO Important Dates
| IPO Open Date | Friday, September 6, 2024 |
| IPO Close Date | Tuesday, September 10, 2024 |
| Basis of Allotment | Wednesday, September 11, 2024 |
| Initiation of Refunds | Thursday, September 12, 2024 |
| Credit of Shares to Demat | Thursday, September 12, 2024 |
| Listing Date | Friday, September 13, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 10, 2024 |
IPO Open Date
Friday, September 6, 2024
IPO Close Date
Tuesday, September 10, 2024
Basis of Allotment
Wednesday, September 11, 2024
Initiation of Refunds
Thursday, September 12, 2024
Credit of Shares to Demat
Thursday, September 12, 2024
Listing Date
Friday, September 13, 2024
Cut-off time for UPI mandate confirmation
5 PM on September 10, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹130,400 |
| Retail (Max) | 1 | 800 | ₹130,400 |
| HNI (Min) | 2 | 1,600 | ₹260,800 |
ApplicationRetail (Min)
Lots1
Shares800
Amount₹130,400
ApplicationRetail (Max)
Lots1
Shares800
Amount₹130,400
ApplicationHNI (Min)
Lots2
Shares1,600
Amount₹260,800
Financial Information
| Period Ended | 31 Mar 2024 |
| Assets | 36,134 |
| Revenue | 34,965.58 |
| Profit After Tax | 2,668.89 |
| Net Worth | 2,346.31 |
| Reserves and Surplus | 616.31 |
| Total Borrowing | 26,427.66 |
Period Ended
31 Mar 2024
Assets
36,134
Revenue
34,965.58
Profit After Tax
2,668.89
Net Worth
2,346.31
Reserves and Surplus
616.31
Total Borrowing
26,427.66
Key Performance Indicator
| ROE | 130.95% |
| ROCE | 28.29% |
| Debt/Equity | 11.26 |
| RoNW | 113.75% |
| P/BV | 12.02 |
| PAT Margin (%) | 8.02 |
| EPS (Rs) | 5.31 |
ROE
130.95%
ROCE
28.29%
Debt/Equity
11.26
RoNW
113.75%
P/BV
12.02
PAT Margin (%)
8.02
EPS (Rs)
5.31
IPO Reservation
| Anchor Investor Shares Offered | 18,53,600 (28.45%) |
| Market Maker Shares Offered | 3,36,000 (5.16%) |
| QIB Shares Offered | 12,36,000 (18.97%) |
| NII (HNI) Shares Offered | 9,27,200 (14.23%) |
| Retail Shares Offered | 21,63,200 (33.2%) |
| Total Shares Offered | 65,16,000 (100%) |
Anchor Investor Shares Offered
18,53,600 (28.45%)
Market Maker Shares Offered
3,36,000 (5.16%)
QIB Shares Offered
12,36,000 (18.97%)
NII (HNI) Shares Offered
9,27,200 (14.23%)
Retail Shares Offered
21,63,200 (33.2%)
Total Shares Offered
65,16,000 (100%)
Information about company
Vision Infra Equipment Solutions Limited was founded in 2015 and provides services in the fields of airports, smart cities, irrigation, buildings and factories, mining, railroads, etc.
The company's service portfolio includes the rental of road construction machines as well as the trade and reconditioning of these machines. Road construction machinery is rented out in two ways: (i) time-based pricing and (ii) output-based pricing. Under the time-based pricing model, customers pay for the equipment based on its use or period of use, which is primarily a fixed fee. In contrast, under output-based pricing, the customer pays for the service based on the results or outcomes achieved by the service provided.
The company has a large fleet of equipment from major OEMs such as Wirtgen, Case, Luigong, Dynapac, Komatsu, Atlas Copco, Ashok Leyland, Bharat Benz, Eicher Motors, Volvo, Terex Power Screen, Caterpillar, Metro, BOMAG, etc., which is leased out to infrastructure companies: Larsen & Toubro, Ashoka Buildcon Ltd, Afcons Infrastructure Ltd, NCC Ltd, GMR Infraprojects Ltd, Shapoorji Pallonji, Dilip Buildcon Ltd, Tata Projects Ltd, ITD Cementation India Limited, HG Infra Engineering Ltd, IRB Infra Developers Ltd, GR Infra Projects Ltd, etc. As of November 30, 2023, the company owned a fleet of 326 road construction machines.
As of March 31, 2024, the Company employed around 227 permanent employees and 763 contract employees, including administrative staff, operators, drivers, electricians, engineers, helpers, logistics mechanics, painters, supervisors, and welders, all of whom are required for operations.
Objectives of IPO
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
Funding Capital Expenditure towards the purchase of additional equipment
Funding to meet working capital requirements
General Corporate Purpose
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.
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