VL Infraprojects IPO Details: VL Infraprojects IPO date is fixed, The IPO will open on July 23 and will close on July 25. VL Infraprojects is a NSE SME IPO to raise ₹18.52 crores via IPO. The VL Infraprojects IPO price band is fixed at ₹39 to ₹42 with a market lot of 3000 shares.
VL Infraprojects Limited was founded in 2014 and offers the planning, construction, and commissioning of various government projects, especially in the field of water infrastructure and irrigation. The company is engaged in the execution of water supply and wastewater infrastructure projects which mainly include procurement of pipes and their laying, connection, and commissioning with backward integration, including all related civil engineering works such as civil works, pumping stations, and installation of electro-mechanical equipment (pumping machines) for distribution of water supply from river to household. The company also provides operation and maintenance services for water pipelines.
The company is a Class AA approved contractor by the Government of Gujarat, holds a civil/ electrical contractor license from the Karnataka State Public Works Department, is registered with the Government of Telangana in a special class, and is approved as a contractor by the Government of Madhya Pradesh. As of September 30, 2023, the company had a total of 25 Employees.
Objects of the Issue:
- To Meet Working Capital Requirements; and
- General Corporate Purposes.
VL Infraprojects IPO Review
- To be updated soon
VL Infraprojects IPO Date & Price Band Details
| IPO Open: | July 23, 2024 |
| IPO Close: | July 25 2024 |
| IPO Size: | Approx ₹18.52 Crores, 4,410,000 Equity Shares |
| Fresh Issue: | Approx ₹18.52 Crores, 4,410,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹39 to ₹42 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
VL Infraprojects IPO Market Lot
The VL Infraprojects IPO minimum market lot is 3000 shares with a ₹126,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3000 | ₹126,000 |
| Retail Maximum | 1 | 3000 | ₹126,000 |
| S-HNI Minimum | 2 | 6000 | ₹252,000 |
VL Infraprojects IPO Dates
The VL Infraprojects IPO date is July 23 and the IPO close date is July 25. The IPO allotment date is July 26 and the IPO might list on July 30.
| IPO Open Date: | July 23, 2024 |
| IPO Close Date: | July 25, 2024 |
| Basis of Allotment: | July 26, 2024 |
| Refunds: | July 29, 2024 |
| Credit to Demat Account: | July 29, 2024 |
| IPO Listing Date: | July 30, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
VL Infraprojects IPO Form
How to apply VL Infraprojects IPO? You can apply VL Infraprojects IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the VL Infraprojects IPO in the Invest section. The other option you can apply VL Infraprojects IPO via IPO forms download via the NSE website. Check out the VL Infraprojects forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
VL Infraprojects Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹30.78 | ₹29.59 | ₹0.83 |
| 2022 | ₹35.61 | ₹34.06 | ₹1.11 |
| 2023 | ₹45.65 | ₹42.56 | ₹2.23 |
| SEPT 2023 | ₹51.27 | ₹46.93 | ₹3.13 |
VL Infraprojects IPO Valuation – FY2023
Check VL Infraprojects IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.10 per Equity Share |
| Price/Earning P/E Ratio: | 2.10 |
| Return on Net Worth (RoNW): | 21.79% |
| Net Asset Value (NAV): | ₹9.04 per Equity Share |
Peer Group
- EMS Limited
Company Promoters
- Mr. Rajagopal Reddy Annam Reddy
- Mrs. Mydhili Rajagopal Reddy
- Mr. Nageswara Rao Repuri
VL Infraprojects IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
VL Infraprojects IPO Allotment Status
Check VL Infraprojects IPO allotment status on Skyline Financial website URL. Click Here
VL Infraprojects IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
VL Infraprojects IPO FAQs
What is VL Infraprojects IPO?
VL Infraprojects IPO is an NSE SME IPO. They are going to raise ₹18.52 Crores via IPO. The issue is priced at ₹39 to ₹42 per equity share. The IPO is to be listed on NSE.
When VL Infraprojects IPO will open?
The IPO is to open on July 23, 2024 for QIB, NII, and Retail Investors.
What is VL Infraprojects IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the VL Infraprojects IPO?
You can apply VL Infraprojects IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the VL Infraprojects IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “VL Infraprojects”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
How to Apply the VL Infraprojects IPO through Paytm Money?
Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “VL Infraprojects”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
What is VL Infraprojects IPO Size?
VL Infraprojects IPO size is ₹18.52 crores.
What is VL Infraprojects IPO Price Band?
VL Infraprojects IPO Price Band is ₹39 to ₹42 per equity share.
What is VL Infraprojects IPO Minimum and Maximum Lot Size?
The IPO bid is 3000 shares with ₹126,000.
What is VL Infraprojects IPO Allotment Date?
VL Infraprojects IPO allotment date is July 26, 2024.
What is VL Infraprojects IPO Listing Date?
VL Infraprojects IPO listing date is July 30, 2024. The IPO to list on NSE SME.Note: The VL Infraprojects IPO details are announced officially. The IPO grey market premium (VL Infraprojects IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.
