| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹20.40 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹20.40 Cr |
| Fresh Issue | ₹19.37 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน85.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | VR |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
Incorporated in December 2015, 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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Investment into our subsidiary and part financing the construction of VR Vivanta | 15.00 |
| 2 | To Meet Working Capital Requirement | 3.50 |
| 3 | General Corporate Expenses | 1.40 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 61.18 | 43.28 | 49.21 | 54.79 |
| Total Income | 7.32 | 18.76 | 13.88 | 13.49 |
| Profit After Tax | 0.90 | 2.62 | 0.80 | 0.72 |
| NET Worth | 12.90 | 12.12 | 9.49 | 8.70 |
| Reserves and Surplus | 6.42 | 5.64 | 3.01 | 2.22 |
| Total Borrowing | 6.61 | 9.72 | 10.39 | 16.76 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2023 |
|---|---|
| ROE | 7.16% |
| ROCE | 6.12% |
| Debt / Equity | 0.51% |
| RoNW | 6.94% |
| PAT Margin | 12.33% |
| Price to Book Value | 6.26 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 4.05 | 2.02 |
| P/E (x) | 20.99 | 42.15 |
| Promoter Holding | 100% | 72.97% |
| Market Cap | โน75.48 Cr. | |