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SME IPO Status: Listed [29th Sep 2023 to 5th Oct 2023]
Vishnusurya Projects And Infra Limited is launching an SME IPO issue size of 7,352,942 shares worth of Rs.50 Cr. You can apply in this IPO application from its subscription period Sept 29, 2023 to Oct 5, 2023. The face value of the shares is Rs 10 per share and the issue price is fixed at Rs 68 per share and the minimum lot size is 2000 sheres or its multiples.
Stay tuned for more information on Vishnusurya Projects And Infra Limited IPO, including company overview, financials, live subscription, allotment, GMP and more.
| SME IPO Issue Opening Date: | 29th Sep 2023 |
| SME IPO Issue Closing Date: | 5th Oct 2023 |
| SME IPO Issue Price: | ₹68.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| IPO Listing At: | NSE SME |
| Retail Quota: | 50% of the net offer |
| SME IPO Issue Type: | Fixed Price Issue |
| SME IPO Issue Size: | ₹49.98 Cr |
| Fresh Issue: | ₹49.98 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 88.74% |
| Promoter Holding Post IPO: | 62.24% |
| Allotment Status: | Allotment Status |
| NSE Code: | VISHNUINFR |
Get important updates regarding Vishnusurya Projects and Infra SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 9th Oct 2023 |
| Refunds Initiation* | 10th Oct 2023 |
| Credit of Shares to Demat* | 10th Oct 2023 |
| SME IPO Listing Date* | 10th Oct 2023 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹68.00 |
| Market Lot: | 2000 Shares |
| 1 Lot Amount: | ₹136000 |
| Min HNI Lots: | 4000 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 10-10-2023 | 68.00 | 7 | 10600 | ₹75 (10.29%) | 10-Oct-2023 10:25 |
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Vishnusurya Projects And Infra Limited was established in May 1996. The company consists of a small dedicated team of construction experts, service providers, contractors, suppliers and consultants with a common goal of building a responsible future. The promoter and promoter group are active in various business areas including engineering, procurement and construction ("EPC"), mining, education, technology, risk mitigation, media, consulting, drones, etc.
The Company is engaged in the mining of raw rock and the production of aggregates and sand through the use of crushing equipment and sand washing equipment. In addition to mining activities, the company is involved in EPC (construction and infrastructure) projects in all major sectors such as water, transportation, railroads, resources and institutional development. The company has executed and delivered several real estate projects in the past such as construction of villas, multi-storied apartments, specialised contracts such as construction of walls, renovation works, landscaping, etc., and design and construction of various infrastructure projects for government, autonomous and private entities in the state of Tamil Nadu. The company is also engaged in buying, selling and providing integrated drone solutions as a service for surveillance, mapping and surveying purposes.
The company has undertaken a wide range of construction and infrastructure projects in areas such as road and highway construction, railroads, waterways, sanitation, building construction, etc. and has successfully completed major projects in various market segments and has a diversified exposure to real estate, construction, infrastructure, mining and aggregates.
The scope of services includes detailed project planning, procurement of key materials and on-site project execution with overall project management until commissioning of these projects. The company's human resources and equipment fleet, as well as its technical capabilities, enable it to execute a range of projects on a turnkey basis.
| Incorporation | Sector | IPO Issue Size | Website |
| 1996 | Mining and quarrying | ₹49.98 Cr | https://www.vishnusurya.com/ |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
Our experts can help you prepare for SME IPO
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | NII | RII | Total | |
|---|---|---|---|---|
| # of Shares Offered | 3,490,000 (50%) | 3,490,000 (50%) | 6,980,000 | |
| 1 | 29th Sep 2023 19:32 | 0.29x | 1.40x | 0.85x |
| 2 | 3rd Oct 2023 19:32 | 1.26x | 9.04x | 5.16x |
| 3 | 4th Oct 2023 19:32 | 2.57x | 19.37x | 10.98x |
| 4 | 5th Oct 2023 19:31 | 36.32x | 43.63x | 44.11x |
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 9,594.72 | 11,849.39 | 12,105.28 |
| Revenue | 6,339.33 | 9,603.62 | 13,326.06 |
| Profit After Tax | 229.18 | 2,158.97 | 1,736.64 |
| Net Worth | 3,573.72 | 4,155.88 | 5,952.39 |
| Reserves and Surplus | 3,078.32 | 3,660.48 | 5,043.99 |
| Total Borrowing | 1,472.32 | 3,489.49 | 3,625.24 |
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Vishnusurya Projects and Infra Limited | 23.62 | 23.62 | 61.95 | 2.69 | 30.86 | Standalone |
| Rachana Infrastructure Limited | 1.22 | 1.22 | 48.5 | 80.9 | 2.51 | Standalone |
| Sonu Infratech Limited | 3.65 | 3.65 | 28.58 | 12.32 | 12.19 | Standalone |
| A B Infrabuild Limited | 5.95 | 5.95 | 27.88 | 5.6 | 21.34 | Standalone |
Last Updated on 14-Oct-2023 06:02:45
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Vishnusurya Projects and Infra SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Vishnusurya Projects and Infra SME IPO with Zerodha.
Alternate approch to apply in Vishnusurya Projects and Infra SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Vishnusurya Projects and Infra SME IPO Review and Important Updates
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To subscribe or apply in Vishnusurya Projects and Infra SME IPO, you can use the following methods:
| Vishnusurya Projects and Infra SME IPO Applying Mode | ||
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Vishnusurya Projects and Infra SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Vishnusurya Projects and Infra SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Vishnusurya Projects and Infra SME IPO. Most of the Syndicate Banks provide access to apply in Vishnusurya Projects and Infra IPO via ASBA process. You must have your net banking access, DP ID information to apply in Vishnusurya Projects and Infra SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Vishnusurya Projects and Infra SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Vishnusurya Projects and Infra SME IPO Review and Important Updates
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Vishnusurya Projects and Infra SME IPO is going to be list on 10-10-2023. NSE Code for Vishnusurya Projects and Infra is VISHNUINFR.
Other relevant questions:
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Vishnusurya Projects and Infra SME IPO Allotment Date is 09-10-2023.
Other relevant questions:
Vishnusurya Projects and Infra SME IPO share allotment date?Vishnusurya Projects and Infra SME IPO allotment date?
