The Vishnu Prakash R Punglia IPO started on August 24, 2023, and ended on August 28, 2023. Shares were allocated on August 31, 2023, and refund processes began on September 1, 2023. On September 4, 2023, the shares were credited to investors demat accounts. Vishnu Prakash R Punglia was officially listed on the stock exchange on September 5, 2023.
During the IPO, Vishnu Prakash R Punglia offered shares at a price range of ₹94 to ₹99 per share, and the lot size was 150 shares. The total issue size was ₹308.88 crores, with ₹308.88 crores from new shares. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Vishnu Prakash IPO Subscription Update Video
Vishnu Prakash R Punglia IPO Subscription Status
The Vishnu Prakash R Punglia IPO on August 28, 2023 was subscribed 87.82 times, with the retail category being subscribed 32.01 times, the NII (Non-Institutional Investor) category being subscribed 111.03 times, the QIB (Qualified-Institutional Buyers) category being subscribed 171.69 times.
| Category | Subscription |
| QIB | 171.69x |
| NII | 111.03x |
| Retail | 32.01x |
| Employee | 12.97x |
| Total | 87.82x |
Vishnu Prakash R Punglia IPO Basic Details
| Company Name | Vishnu Prakash R Punglia Limited |
| Domain of Company | Designing and Constructing Infrastructure Projects |
| IPO Open Date | August 24, 2023 |
| IPO Close Date | August 28, 2023 |
| IPO Allotment Date | August 31, 2023 |
| 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 |
About Vishnu Prakash R Punglia Limited
Established in 1986, Vishnu Prakash R Punglia Limited specializes in designing and constructing infrastructure projects for various entities, including the Central and State Governments, autonomous bodies, and private organizations. Their operations span across 9 States and 1 Union territory in India.
The company’s primary business activities are categorized into four areas:
- Water Supply Projects (“WSP”)
- Railway Projects
- Road Projects
- Irrigation Network Projects
VPRP holds multiple registrations as a contractor with various departments and agencies, including but not limited to:
- 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 secured a Water Supply Project (WSP) contract from the Public Health Engineering Department (“PHED”), Manipur, valued at ₹4,332.90 million. This marked a significant increase from their earlier WSP contract with PHED, Rajasthan, in 2002, which was worth ₹19.80 million, and was awarded to the company when it operated as a partnership firm.
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Vishnu Prakash R Punglia IPO FAQs
What is the start and end date of Vishnu Prakash R Punglia IPO Subscription?
The Vishnu Prakash R Punglia IPO started on August 24, 2023, and ended on August 28, 2023.
When does Vishnu Prakash R Punglia IPO Subscription open?
The Vishnu Prakash R Punglia IPO open on August 24, 2023.
When does Vishnu Prakash R Punglia IPO Subscription close?
The Vishnu Prakash R Punglia IPO Close on August 28, 2023.
What is the allotment date of Vishnu Prakash R Punglia IPO?
The allotment date for Vishnu Prakash R Punglia IPO is August 31, 2023.
When is the initial refund date of Vishnu Prakash R Punglia IPO?
The initial Refund date for Vishnu Prakash R Punglia IPO is September 1, 2023.
When were the shares credited to investors demat accounts for the Vishnu Prakash R Punglia IPO?
The shares for the Vishnu Prakash R Punglia IPO were credited to investors demat accounts on September 4, 2023.
When will Vishnu Prakash R Punglia IPO be listed on the stock market?
Vishnu Prakash R Punglia IPO stock market will be listed on September 5, 2023 at 10 am.
What was the price range of the Vishnu Prakash R Punglia IPO shares?
The Vishnu Prakash R Punglia IPO shares were offered at a price range of ₹94 to ₹99 per share.
What was the lot size for the Vishnu Prakash R Punglia IPO shares?
The lot size for the Vishnu Prakash R Punglia IPO shares was 150 shares.
What was the total issue size of the Vishnu Prakash R Punglia IPO?
The total issue size of the Vishnu Prakash R Punglia IPO was ₹308.88 crores.
How were the shares allocated among different types of investors for the Vishnu Prakash R Punglia IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Vishnu Prakash R Punglia IPO listed?
The Vishnu Prakash R Punglia IPO was listed on both the NSE and BSE.
What is the Vishnu Prakash R Punglia IPO Subscription Status?
Vishnu Prakash R Punglia IPO is subscribed 87.82 Times.
