VL Infraprojects IPO Details ( VL Infraprojects Limited IPO Review )
(23 July 2024 – 25 July 2024)
Founded in 2014, V.L. Infraprojects Limited specializes in planning, constructing, and commissioning government projects, focusing on water infrastructure and irrigation.
Services Offered:
- Water Supply and Wastewater Projects: The company handles everything from pipe procurement and installation to connecting and commissioning, including related civil engineering tasks like building pumping stations and installing pumping machines for water distribution from rivers to households.
- Operation and Maintenance: They also offer services to maintain and operate water pipelines.
Certifications and Approvals:
- Government of Gujarat: Class AA approved contractor.
- Karnataka State Public Works Department: Licensed civil/electrical contractor.
- Government of Telangana: Special class registration.
- Government of Madhya Pradesh: Approved contractor.
Team:
- As of March 31, 2024, V.L. Infraprojects Limited employs 30 people.
VL Infraprojects Limited IPO Competitive Strength
- Experienced Promoters and Management Team
- Focused player in Water Supply Projects (WSPs)
- End-to-end execution capabilities
- Optimal Utilization of Resources
- Long-standing relationships with our customers
VL Infraprojects IPO Financials Performance ( Results )
VL Infraprojects Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 1,641.29 | 3,077.57 | 83.37 | 620.26 | 346.26 | 659.41 |
| 31-Mar-22 | 1,955.40 | 3,560.70 | 110.58 | 730.84 | 456.84 | 1,003.52 |
| 31-Mar-23 | 2,836.24 | 4,565.14 | 222.66 | 1,022.00 | 268.50 | 999.02 |
| 31-Mar-24 | 5,691.39 | 11,400.05 | 614.01 | 1,636.01 | 505.76 | 1,654.81 |
Objective of VL Infraprojects IPO Issue
- To Meet Working Capital Requirements; and
- General Corporate Purposes.
VL Infraprojects IPO Basic Details
| IPO Date | July 23, 2024 to July 25, 2024 |
| Listing Date | Tuesday, 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 |
| Share holding pre issue | 11,302,500 |
| Share holding post issue | 15,712,500 |
VL Infraprojects IPO Reservation
| QIB Shares Offered | 50.00% of the Net Issue |
| NII (HNI) Shares Offered | 15.00% of the Net Issue |
| Retail Shares Offered | 35.00% of the Net Issue |
| Total Shares Offered | 100.00% of the Net Issue |
VL Infra IPO Timetable
VL Infra IPO will open on July 23, 2024 and close on July 25, 2024. You can join VL Infra IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 23 July 2024 (Tuesday) |
| Closing Date | 25 July 2024 (Thursday) |
| Basis of Allotment | 26 July 2024 (Friday) |
| Initiation of Refunds | 29 July 2024 (Monday) |
| Credit of Shares to Demat | 29 July 2024 (Monday) |
| Listing Date | 30 July 2024 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 PM on 25 July 2024 |
VL Infraprojects IPO Lot Size
For retail investors in VL Infraprojects IPO, 3000 shares will come in 1 lot or the minimum investment will be ₹126,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹126,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 3000 | ₹126,000 |
| Retail (Max) | 1 | 3000 | ₹126,000 |
| S-HNI (Min) | 2 | 6000 | ₹252,000 |
VL Infraprojects IPO Promoter Holding
The company’s promoters include Mr. Rajagopal Reddy Annam Reddy, Mrs. Mydhili Rajagopal Reddy, and Mr. Nageswara Rao Repuri.
| Pre Issue Share Holding | 90.91% |
| Post Issue Share Holding | 65.39% |
VL Infraprojects Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 65.99 |
| Earning Per Share (EPS) | ₹5.43 per Equity Share |
| Net Asset Value (NAV) | ₹14.47 per Equity Share |
| P/E Ratio (P/E) (x) | 7.73 |
| Post P/E Ratio (P/E) (x) | 10.75 |
| Return on Net Worth (RoNW) (%) | 37.53 |
| Return on equity (ROE) (%) | 46.20 |
| Return on Capital Employed (ROCE) (%) | 39.09 |
| Debt/Equity Ratio | |
| Price/Book Value Ratio | 2.9 |
VL Infraprojects IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹40 | – | – |
| 20 July 2024 | ₹40 | – | – |
VL Infraprojects IPO Detail Video:
VL Infraprojects IPO Subscription Status (Bidding Detail)
The VL Infraprojects IPO on July 25, 2024 at 6:19:58 PM was subscribed 636.17 times, with the retail category being subscribed 844.22 times, the NII (Non-Institutional Investor) category being subscribed 726.56 times, QIB (Qualified-Institutional Buyers) category being subscribed 203.73 times.
| Category | Subscription |
| QIB | 203.73x |
| NII | 726.56x |
| Retail | 844.22x |
| Total | 636.17x |
VL Infraprojects IPO Prospectus
| VL Infraprojects IPO DRHP | Download |
| VL Infraprojects IPO RHP | Download |
| VL Infraprojects IPO Anchor Investors Details PDF | Download |
VL Infraprojects IPO Rating
| Our Rating | 3.5/5.0 |
VL Infraprojects Company Contact Information
VL Infraprojects Limited
Registered Office: 716, Shivalik Satyamev, Near Vakil saheb Bridge Bopal, Ahmedabad- 380058, Gujarat, India
Website: www.vlil.in
E-Mail: cs@vlil.in
Telephone No: +91 9998850177
Company Secretary and Compliance Officer: Ms. Anjali Mukeshbhai Samani
VL Infraprojects IPO Registrar
Skyline Financial Services Private Limited
Registered Office: D-153A, 1st Floor, Okhla Industrial Area Phase-I, New Delhi – 110020, India
Tel. No.: 011-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Investor Grievance Email: grievances@skylinerta.com
Contact Person: Mr. Anuj Rana
SEBI Registration No.: INR000003241
CIN: U74899DL1995PTC071324
VL Infraprojects IPO Lead Manager
Beeline Capital Advisors Private Limited
SEBI Registration Number: INM000012917
Address: B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054, Gujarat, India.
Telephone Number: 079 4918 5784
Email Id: mb@beelinemb.com
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322
VL Infraprojects IPO FAQs
What is the lot size of VL Infraprojects IPO?
The total size of VL Infraprojects IPO is ₹18.52 crores and this is a complete fresh Issue.
When will VL Infraprojects IPO start?
VL Infraprojects IPO will open from 23 July 2024 and IPO will close on 25 July 2024.
What is the open date of VL Infraprojects IPO?
VL Infraprojects IPO will open date from 23 July 2024.
What is the last date ( close date ) of VL Infraprojects IPO?
VL Infraprojects IPO will close from 25 July 2024.
What is the price band of VL Infraprojects IPO?
VL Infraprojects IPO price band is ₹39 to ₹42. ( Upper Price Band: ₹42, Lower Price Band: ₹39 )
What is the minimum amount required to apply for VL Infraprojects IPO?
The minimum investment for retailers to apply for VL Infraprojects IPO is ₹126,000 and the maximum investment is ₹126,000.
What is going on gray market premium of VL Infraprojects IPO?
View gray market premium of VL Infraprojects IPO by Clicking Here
How much is the GMP of VL Infraprojects IPO?
Watch VL Infraprojects IPO GMP Today: Click Here
What is the allotment date of VL Infraprojects IPO?
The allotment date of VL Infraprojects IPO is 26 July 2024.
How to check allotment status in VL Infraprojects IPO?
To check the allotment status of VL Infraprojects IPO, first of all go to the registrar website by clicking here, select your bad VL Infraprojects IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of VL Infraprojects IPO?
The listing date of VL Infraprojects IPO is 30 July 2024.
How much will be the listing gain in VL Infraprojects IPO?
View listing gain of VL Infraprojects IPO by Clicking Here
How much time VL Infraprojects IPO is subscribed?
Total 636.17 times subscribed in VL Infraprojects IPO out of which 844.22 times subscription was done in retail quota, 726.56 times subscription in NII quota and 203.73 times subscription in QIB quota.
How to apply for VL Infraprojects IPO from Upstox?
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