The Vishnu Prakash IPO commenced on August 24, 2023, and concluded on August 28, 2023. The allotment of shares took place on August 31, 2023, and the initiation of refunds began on September 1, 2023. The shares were credited to the demat accounts of investors on September 4, 2023. Finally, the listing of Vishnu Prakash on the stock exchange occurred on September 5, 2023.
The Vishnu Prakash R Punglia IPO was priced at ₹94 to ₹99 per share, with a lot size of 150. The total issue size was ₹308.88 crores, comprising a fresh issue of ₹308.88 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Vishnu Prakash R Punglia IPO Basic Details
| Company Name | Vishnu Prakash R Punglia Limited |
| Domain of Company | Designing and Constructing Infrastructure Projects |
| Vishnu Prakash R Punglia IPO GMP Today | ₹54 |
| Vishnu Prakash R Punglia IPO Listing Gain | 54.55% |
| Vishnu Prakash R Punglia IPO Open Date | August 24, 2023 |
| Vishnu Prakash R Punglia IPO Close Date | August 28, 2023 |
| Vishnu Prakash IPO Allotment Date | August 31, 2023 |
| Vishnu Prakash IPO Listing Date | September 5, 2023 |
| Face Value | ₹10 per share |
| Price | ₹94 to ₹99 per share |
| Lot Size | 150 Shares |
| Issue Size | 31,200,000 shares of ₹10 (aggregating up to ₹308.88 Cr) |
| Fresh Issue | 31,200,000 shares of ₹10 (aggregating up to ₹308.88 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Company Promoters | Vishnu Prakash Punglia, Manohar Lal Punglia, Sanjay Kumar Punglia, Kamal Kishor Pungalia And Ajay Pungalia |
Vishnu Prakash IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| 1 September 2023 | ₹54 | 54.55% | – | – |
| 31 August 2023 | ₹54 | 54.55% | – | – |
| 30 August 2023 | ₹54 | 54.55% | – | – |
| 29 August 2023 | ₹54 | 54.55% | – | – |
| 28 August 2023 | ₹54 | 54.55% | – | – |
| 27 August 2023 | ₹54 | 54.55% | – | – |
| 26 August 2023 | ₹54 | 54.55% | – | – |
| 25 August 2023 | ₹54 | 54.55% | – | – |
| 24 August 2023 | ₹55 | 54.55% | – | – |
| 23 August 2023 | ₹55 | 54.55% | – | – |
| 22 August 2023 | ₹44 | 44.48% | – | – |
| 21 August 2023 | ₹44 | 44.48% | – | – |
| 20 August 2023 | ₹0 | 0.00% | – | – |
| 19 August 2023 | ₹0 | 0.00% | – | – |
Vishnu Prakash IPO Details:
Founded in 1986, Vishnu Prakash R Punglia Limited is a company dedicated to designing and constructing infrastructure projects for both Central and State Governments, as well as autonomous and private entities. Their operational reach extends across 9 Indian States and 1 Union territory.
The company’s primary activities can be categorized into four main areas:
- Water Supply Projects (WSP)
- Railway Projects
- Road Projects
- Irrigation Network Projects
VPRP has acquired several registrations as a contractor from various departments and organizations, including Jodhpur Development Authority (Class AA), Public Health Engineering Department of Rajasthan (Class AA), Water Resources Department of Rajasthan (Class AA), Roads and Building Department of Gujarat (Class AA), South Western Command of Military Engineering Services (MES) in Jaipur (Class ‘S’), Public Works Department of Chhattisgarh (Class A), Public Works Department of Rajasthan (Class AA), and Public Works Department of Madhya Pradesh in Bhopal for Civil works.
In 2021, VPRP secured a Water Supply Project from the Public Health Engineering Department (PHED) in Manipur, valued at ₹4332.90 million, a significant contrast to a previous Water Supply Project awarded to the company (when it was a partnership firm) by PHED Rajasthan in 2002, valued at ₹19.80 million.
Vishnu Prakash IPO More Details Click Here
Vishnu Prakash IPO FAQs
When is Vishnu Prakash IPO open?
Vishnu Prakash IPO will open on 24 August 2023.
When is Vishnu Prakash IPO Close?
Vishnu Prakash IPO will be closed on 28 August 2023.
What is Vishnu Prakash IPO GMP Today?
The Vishnu Prakash IPO GMP aka Grey Market Premium is ₹54.
What is Vishnu Prakash IPO Kostak Rates Today?
The Vishnu Prakash IPO Kostak Rate is ₹000.
What is Vishnu Prakash IPO Subject to Sauda Price Today?
The Vishnu Prakash IPO subject to sauda rates is ₹000.
Vishnu Prakash IPO Expected Returns?
The Vishnu Prakash expected return is 54.55%.
How much will be the listing gain in Vishnu Prakash IPO?
Vishnu Prakash IPO will get listing gain of 54.55%. (Approx.)
