Vision Infra Equipment Solutions IPO - AstroIPO

Vision Infra Equipment Solutions IPO


September 2, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Vision Infra Equipment Solutions Ltd., a trading company, is launching its Initial Public Offering (IPO) from September 6-10, 2024. This book-building issue aims to raise between ₹101.00 crore and ₹106.21 crore.

The company has set the price band at ₹155-163 per share, with a face value of ₹10. Investors can apply for a minimum of 800 shares, and the maximum retail application amount is capped at ₹500,000. The IPO will offer 65.16 lakh shares to the public.

Vision Infra Equipment Solutions plans to list its shares on the National Stock Exchange (NSE). The promoters of the company are Sameer Sanjay Gandhi, Sachin Vinod Gandhi, and Chetan Vinod Gandhi.

Vision Infra Equipment Solutions IPO Details

IPO Size 106.21
Price Range ₹155 - ₹163
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at NSE
Minimum Quantity 800
Investment (cut-off price) ₹130,400
Pre IPO Promotor Holding 100.00%
Post IPO Promotor Holding --
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Vision Infra Equipment Solutions IPO Timelines

06/09/2024
Start Date
10/09/2024
End Date
11/09/2024
Allotment Date View Status
12/09/2024
Refund Initiation
12/09/2024
Credit of Shares to Demat Ac
13/09/2024
Listing Date

Vision Infra Equipment Solutions IPO Lot Size

Application Lot Size Shares Amount
Retail Minimum 1 800 ₹130,400
Retail Maximum 1 800 ₹130,400
HNI Minimum 2 1600 ₹260,800

Vision Infra Equipment Solutions IPO Subscription Status

QIB NII Retail EMP Total
60.94 x 180.39 x 24.14 x -- 68.14 x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹205 ₹215.25 ₹215.25 ₹200

Vision Infra Equipment Solutions IPO Company Financials

Year Total Income Total Expense PAT
FY 2021 ₹162.54 ₹155.25 ₹5.14
FY 2022 ₹305.10 ₹292.97 ₹9.28
FY 2023 ₹368.90 ₹352.52 ₹9.19
FY 2024 (8 M) ₹207.18 ₹183.55 ₹15.45

About Company

Founded in 2015, Vision Infra Equipment Solutions Limited offers services in airports, smart cities, irrigation, construction, mining, and railroads.

The company specializes in renting out road construction machines and also trades and refurbishes these machines. They offer two rental options: time-based pricing, where customers pay a fixed fee based on usage time, and output-based pricing, where customers pay based on the results achieved.

Vision Infra has a large fleet of 326 road construction machines from major brands like Wirtgen, Caterpillar, Volvo, and more, which they lease to big infrastructure companies like Larsen & Toubro, Tata Projects, and others.

As of March 31, 2024, the company employed around 227 permanent staff and 763 contract workers, including operators, drivers, engineers, and other essential personnel for their operations.

Incorporation Date Sector Managing Director
2024 Construction Sachin Gandhi

Know Before Investing

Vision Infra Equipment Solutions IPO Strengths

  • The company own a modern fleet of road construction equipment and have a wide presence in the domestic market, supported by a large customer base.
  • With an in-house execution team and a solid track record, the company is well-positioned to capitalize on growth opportunities in the road infrastructure sector.
  • Our order book spans road construction projects across India, guided by experienced promoters and senior management, ensuring stable financial performance.

Vision Infra Equipment Solutions IPO Risks

  • The company’s success is closely tied to the growth of the infrastructure sector. Any slowdown in infrastructure projects could negatively impact revenue and profitability.
  • Managing a large fleet of equipment and executing projects across India involves operational risks. Delays, cost overruns, or equipment failures could impact the company’s financial performance.
  • The company operates in a competitive market with pricing pressures. Intense competition from other players could affect market share and margins.

Swot Analysis for Vision Infra Equipment Solutions IPO

Strengths

Weaknesses

Opportunities

Threats

Company Details

Vision Infra Equipment Solutions Limited

Shop No 401-405, Bhawani,
International BusinessBay, Bhavani Peth, Pune,
Pune City – 411042

Phone: +91 (020) – 26440999

Email: [email protected]

Website: http://www.visioninfraindia.com/

IPO Registar Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: [email protected]

Website: https://linkintime.co.in/initial_offer/public-issues.html

FAQs

The key objectives of Vision Infra Equipment Solutions IPO are:

  • Funding Capital Expenditure towards the purchase of additional equipment
  • Funding to meet working capital requirements
  • General Corporate Purpose

  • Hem Securities Limited

are the book-running lead managers for the Vision Infra Equipment Solutions IPO.

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