The VL Infraprojects IPO commenced on July 23, 2024, and concluded on July 25, 2024. The allotment of shares took place on July 26, 2024, and the initiation of refunds began on July 29, 2024. The shares were credited to the demat accounts of investors on July 29, 2024. Finally, the listing of VL Infraprojects on the stock exchange occurred on July 30, 2024.
The VL Infraprojects IPO was priced at ₹39 to ₹42 per share, with a lot size of 3000 shares. The total size of VL Infraprojects IPO is ₹18.52 crores out of which ₹18.52 crores is fresh issue. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
VL Infraprojects IPO Basic Details
| Company Name | VL Infraprojects Limited |
| Domain of Company | Infrastructure Company |
| VL Infraprojects IPO GMP Today | ₹40 |
| VL Infraprojects IPO Listing Gain | 95.24% |
| VL Infraprojects IPO Open Date | July 23, 2024 |
| VL Infraprojects IPO Close Date | July 25, 2024 |
| VL Infraprojects IPO Allotment Date | July 26, 2024 |
| VL Infraprojects IPO Listing Date | July 30, 2024 |
| Face Value | ₹10 per share |
| Price | ₹39 to ₹42 per share |
| Lot Size | 3000 Shares |
| Issue Size | 4,410,000 shares (aggregating up to ₹18.52 Cr) |
| Fresh Issue | 4,410,000 shares (aggregating up to ₹18.52 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
VL Infraprojects IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹40 | 95.24% | – | – |
| 20 July 2024 | ₹40 | 95.24% | – | – |
VL Infraprojects IPO Details:
Founded in 2014, V.L. Infraprojects Limited specializes in planning, constructing, and commissioning government projects, with a strong focus on water infrastructure and irrigation.
Comprehensive Water Supply Solutions
Our services cover every aspect of water supply and wastewater infrastructure projects. This includes procuring and laying pipes, making necessary connections, and commissioning systems with full civil engineering support. We handle everything from civil works and pumping stations to installing electro-mechanical equipment to ensure seamless water distribution from rivers to households. Additionally, we offer reliable operation and maintenance services for water pipelines.
Accredited and Trusted
V.L. Infraprojects Limited is a Class AA approved contractor by the Government of Gujarat. We hold a civil/electrical contractor license from the Karnataka State Public Works Department, are registered with the Government of Telangana in a special class, and are approved as a contractor by the Government of Madhya Pradesh.
Our Team
As of March 31, 2024, our dedicated team consists of 30 employees committed to delivering top-quality water infrastructure solutions.
VL Infraprojects IPO More Details Click Here
VL Infraprojects IPO FAQs
When is VL Infraprojects IPO open?
VL Infraprojects IPO will open on 23 July 2024.
When is VL Infraprojects IPO Close?
VL Infraprojects IPO will be closed on 25 July 2024.
What is VL Infraprojects IPO GMP Today?
The VL Infraprojects IPO GMP aka Grey Market Premium is ₹40.
What is VL Infraprojects IPO Kostak Rates Today?
The VL Infraprojects IPO Kostak Rate is ₹000.
What is VL Infraprojects IPO Subject to Sauda Price Today?
The VL Infraprojects IPO subject to sauda rates is ₹000.
VL Infraprojects IPO Expected Returns?
The VL Infraprojects expected return is 95.24%.
How much will be the listing gain in VL Infraprojects IPO?
VL Infraprojects IPO will get listing gain of 95.24%. (Approx.)
