VL Infraprojects IPO Details
IPO Size | 18.52 |
Price Range | ₹39 - ₹42 |
Retail Quota | 35% |
QIB Quota | 50% |
NII Quota | 15% |
Employee Discount | -- |
Listing at | NSE |
Minimum Quantity | 3000 |
Investment (cut-off price) | ₹126,000 |
Pre IPO Promotor Holding | 90.91% |
Post IPO Promotor Holding | 65.39% |
DHRP Draft | Click Here |
RHP Draft | Click Here |
Anchor Investors List | Click Here |
VL Infraprojects IPO Timelines
23/07/2024
Start Date25/07/2024
End Date29/07/2024
Refund Initiation29/07/2024
Credit of Shares to Demat Ac30/07/2024
Listing DateVL Infraprojects IPO Lot Size
Application | Lot Size | Shares | Amount |
---|---|---|---|
Retail Minimum | 1 | 3000 | ₹126,000 |
Retail Maximum | 1 | 3000 | ₹126,000 |
S-HNI Minimum | 2 | 6000 | ₹252,000 |
VL Infraprojects IPO Subscription Status
QIB | NII | Retail | EMP | Total |
---|---|---|---|---|
203.73 x | 725.73 x | 839.50 x | -- | 633.63 x |
IPO Performance on Listing Day
Opening Price | Closing Price | Day High | Day Low |
---|---|---|---|
₹79.80 | ₹83.75 | ₹83.75 | ₹79.80 |
VL Infraprojects IPO Company Financials
Year | Total Income | Total Expense | PAT |
---|---|---|---|
FY 2021 | ₹30.78 | 29.59 | ₹0.83 |
FY 2022 | ₹35.61 | 34.06 | ₹1.11 |
FY 2023 | ₹45.65 | 42.56 | ₹2.23 |
FY 2024 (6M) | ₹51.27 | 46.93 | ₹3.13 |
About Company
V L Infraprojects Limited executes water supply and sewerage infrastructure projects. Its operations involve the procurement, joining, installation, and commissioning of pipes, related civil engineering works, the construction of pumping stations, and the installation of electro-mechanical equipment for water transportation from rivers to households.
Additionally, the company offers operations and maintenance services for water distribution pipelines. V L Infraprojects is also involved in the design, construction, and commissioning of government projects, particularly in the sectors of water infrastructure and irrigation. It has now diversified into road construction, irrigation, and environmental projects.
Incorporation Date | Sector | Managing Director |
---|---|---|
2014 | Infrastructure | Rajagopal Reddy |
Know Before Investing
VL Infraprojects IPO Strengths
- V.L. Infraprojects specializes in the critical sector of water infrastructure and irrigation.
- The company holds multiple prestigious approvals and licenses.
- V.L. Infraprojects provides an end-to-end solution for water supply and wastewater projects.
- Beyond construction, the company offers operation and maintenance services for water pipelines.
- The company has built a solid track record in executing various government projects.
VL Infraprojects IPO Risks
- The company’s operations are mainly concentrated in specific states.
- A significant portion of V.L. Infraprojects’ revenue is likely derived from government contracts.
- As of September 30, 2023, the company has only 25 employees.
- The nature of the business involves significant operational risks.
Swot Analysis for VL Infraprojects IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
V.L.Infraprojects Limited
Office at 716, Shivalik Satyamev,
Near Vakil saheb Bridge Bopal,
Ahmedabad- 380058
Phone: +91 9998850177
Email: [email protected]
Website: http://www.vlil.in/
IPO Registar Details
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
FAQs
The key objectives of VL Infraprojects IPO are:
- To Meet Working Capital Requirements.
- General Corporate Purposes.