| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹49.98 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹49.98 Cr |
| Fresh Issue | ₹47.46 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน68.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | VISHNUINFR |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers |
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: 2,000 shares and in multiples thereof
Incorporated in 1996, Vishnusurya Projects and Infra Limited is engaged in the mining of rough stones and manufacturing of aggregates and manufacture-sand by using Crushing Plants and Sand washing plants.
The company has three business verticals:
The company has been accredited as a Class I contractor with various departments and agencies viz. (1) Greater Chennai Corporation (GCC), (2) Government of Tamil Nadu Water Resources Department, (3) Tamil Nadu Water Supply and Drainage Board, and (4) Highways Departments pursuant to which the company is eligible to participate and undertake projects awarded by various other departments and agencies.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 30.00 |
| 2 | Repayment / Prepayment, in part or full, of certain outstanding borrowings availed by the Company; and | 9.15 |
| 3 | General Corporate Purposes | 3.84 |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 121.05 | 118.49 | 95.95 |
| Total Income | 133.26 | 96.04 | 63.39 |
| Profit After Tax | 17.37 | 21.59 | 2.29 |
| NET Worth | 59.52 | 41.56 | 35.74 |
| Reserves and Surplus | 50.44 | 36.60 | 30.78 |
| Total Borrowing | 36.25 | 34.89 | 14.72 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| ROE | 27.86% |
| ROCE | 31.22% |
| Debt / Equity | 1.03% |
| RoNW | 27.86% |
| PAT Margin | 12.44% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 25.30 | |
| P/E (x) | 2.69 | 9.63 |
| Promoter Holding | 88.74% | 62.24% |
| Market Cap | โน167.35 Cr. | |