| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹308.61 Cr |
| Fresh Issue | ₹308.61 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน94.00-99.00 per share |
| Discount | Retail: 0.00,Employee: 9.00 |
| BSE Code | 543974 |
| NSE Code | VPRPL |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Pantomath 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: 150 shares and in multiples thereof
Incorporated in 1986, Vishnu Prakash R Punglia Limited is engaged in the business of designing and constructing infrastructure projects for the Central and State Governments, autonomous bodies, and private bodies across 9 States and 1 Union territory in India.
The company's principal business operations are broadly divided into four categories:
(i) Water Supply Projects ("WSP"); (ii) Railway Projects; (iii) Road Projects and (iv) Irrigation Network Projects.
VPRP has been accredited with various registrations as a contractor with various departments and agencies viz. Jodhpur Development Authority, Jodhpur (Class AA), Rajasthan, Public Health Engineering Department, Rajasthan, (Class AA), Water Resources Department, Rajasthan (Class AA), roads and Building Department, Gujarat (Class AA), South Western Command, Military Engineering Services (MES), Jaipur (Class 'S'), Rajasthan, Public Works Department, Chhattisgarh (Class A), Public Works Department, Rajasthan (Class AA), Public Works Department, Madhya Pradesh, Bhopal (Civil works).
In 2021 VPRP was awarded a WSP by the Public Health Engineering Department ("PHED"), Manipur worth โน4332.90 million as against a WSP awarded to it (as a partnership firm) by PHED, Rajasthan in 2002 of โน19.80 million.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 62.18 |
| 2 | Funding the working capital requirements of the Company | 150.00 |
| 3 | General corporate purposes | 67.45 |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 825.48 | 497.81 | 331.05 |
| Total Income | 1,171.46 | 787.39 | 487.67 |
| Profit After Tax | 90.64 | 44.85 | 18.98 |
| NET Worth | 314.51 | 158.69 | 113.61 |
| Reserves and Surplus | 219.96 | 130.11 | 85.24 |
| Total Borrowing | 250.37 | 176.58 | 110.78 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| ROCE | 33.72% |
| Debt / Equity | 0.80% |
| RoNW | 38.31% |
| PAT Margin | 7.74% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 10.41 | |
| P/E (x) | 13.61 | |
| Promoter Holding | 90.45% | 67.81% |
| Market Cap | โน1234.00 Cr. | |