The VVIP Infratech 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 VVIP Infratech on the stock exchange occurred on July 30, 2024.
The VVIP Infratech IPO was priced at ₹91 to ₹93 per share, with a lot size of 1200 shares. The total size of VVIP Infratech IPO is ₹61.21 crores out of which ₹61.21 crores is fresh issue. The IPO was listed on the BSE 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.
VVIP Infratech IPO Basic Details
| Company Name | VVIP Infratech Limited |
| Domain of Company | Infrastructure Company |
| VVIP Infratech IPO GMP Today | ₹47 |
| VVIP Infratech IPO Listing Gain | 50.54% |
| VVIP Infratech IPO Open Date | July 23, 2024 |
| VVIP Infratech IPO Close Date | July 25, 2024 |
| VVIP Infratech IPO Allotment Date | July 26, 2024 |
| VVIP Infratech IPO Listing Date | July 30, 2024 |
| Face Value | ₹10 per share |
| Price | ₹91 to ₹93 per share |
| Lot Size | 1200 Shares |
| Issue Size | 6,582,000 shares (aggregating up to ₹61.21 Cr) |
| Fresh Issue | 6,582,000 shares (aggregating up to ₹61.21 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
VVIP Infratech IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹47 | 50.54% | – | – |
| 19 July 2024 | ₹47 | 50.54% | – | – |
VVIP Infratech IPO Details:
VVIP Infratech Limited, originally known as Vibhor Builders Private Limited, was founded in 2001.
This infrastructure company focuses on projects in Uttar Pradesh, Uttarakhand, NCR Delhi, and other northern regions of India. As a Class ‘A’ civil and electrical contractor, they have over 20 years of experience in building and executing various infrastructure projects. These projects include sewerage systems, sewage treatment plants, water tanks, water treatment plants, sector development works, power distribution, and substations up to 33 kVA, and the Jal Jeevan Mission.
As of September 30, 2023, VVIP Infratech Limited employs 466 people.
VVIP Infratech IPO More Details Click Here
VVIP Infratech IPO FAQs
When is VVIP Infratech IPO open?
VVIP Infratech IPO will open on 23 July 2024.
When is VVIP Infratech IPO Close?
VVIP Infratech IPO will be closed on 25 July 2024.
What is VVIP Infratech IPO GMP Today?
The VVIP Infratech IPO GMP aka Grey Market Premium is ₹47.
What is VVIP Infratech IPO Kostak Rates Today?
The VVIP Infratech IPO Kostak Rate is ₹000.
What is VVIP Infratech IPO Subject to Sauda Price Today?
The VVIP Infratech IPO subject to sauda rates is ₹000.
VVIP Infratech IPO Expected Returns?
The VVIP Infratech expected return is 50.54%.
How much will be the listing gain in VVIP Infratech IPO?
VVIP Infratech IPO will get listing gain of 50.54%. (Approx.)
