Vishnu Prakash R Punglia Ltd
Price Range
₹94 - ₹99
Min. Quantity
150
Closes on
28 August 2023
Min. investment
₹14,850/1,950 Shares
Vishnu Prakash R Punglia Ltd IPO Timeline
Vishnu Prakash R Punglia Limited was originally formed as a partnership firm in the name of 'M/s Vishnu Prakash Pungalia', pursuant to a Deed of Partnership dated August 14, 1986. Further, the name of partnership firm was changed to M/s. Vishnu Prakash R. Pungalia, with introduction of new partners on April 2, 1999; to M/s. Shree Ji Construction Co. on June 1, 2001 and thereafter to M/s. Vishnu Prakash R Pungalia vide Deed of Partnership on March 1, 2002. The Company progressed from the said Partnership Firm to a Joint Stock Company on April 1, 2013, which resulting converted to a Public Limited Company with the name Vishnu Prakash R Punglia Limited' upon a Deed for Joint Stock Company and a Certificate of Incorporation reflecting the legal status of Company was granted by RoC, Mumbai on May 13, 2013.
| Event | Date |
|---|---|
| Vishnu Prakash R Punglia Ltd IPO Opening Date | 24 August 2023 |
| Vishnu Prakash R Punglia Ltd IPO Closing Date | 28 August 2023 |
| Basis of Allotment | 31 August 2023 |
| Initiation of Refunds | 1 September 2023 |
| Credit of Shares to Demat | 4 September 2023 |
| Vishnu Prakash R Punglia Ltd IPO Listing Date | 5 September 2023 |
Vishnu Prakash R Punglia Ltd IPO Details
| Vishnu Prakash R Punglia Ltd IPO Date | 24 August 2023 to 28 August 2023 |
| Vishnu Prakash R Punglia Ltd IPO Face Value | ₹10 per share |
| Vishnu Prakash R Punglia Ltd IPO Price | ₹94 to ₹99 per share |
| Vishnu Prakash R Punglia Ltd IPO Lot Size | 150 |
| Issue Size | Shares of ₹10 (aggregating up to ₹308.61 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹293.28 Cr) |
| Offer for Sale | - |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 61,80,000 of the Net Offer |
| Retail Shares Offered | Not less than 1,08,15,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 46,35,000 of the Net Offer |
| Company Promoters | Vishnu Prakash Punglia, Manohar lal Punglia, Sanjay Kumar Punglia |
Vishnu Prakash R Punglia Ltd IPO Lot Size
The Vishnu Prakash R Punglia Ltd IPO lot size is 150 shares. A retail-individual investor can apply for up to 13 lots (1,950 shares or ₹1,93,050).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 150 | ₹14,850 |
| Maximum | 13 | 1,950 | ₹1,93,050 |
- Strengths
- Risks
- Opportunities
- Focused player in Water Supply Projects (WSPs).
- Visible growth through robust order book across segments.
- Established relationships with marquee client base.
- Track record of successfully completed projects.
- In-house integrated model.
- Committed Promoters, Board and management team.
Company Financials
Vishnu Prakash R Punglia Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 1,541.83 | 1,482.65 | 122.19 |
| 03-2023 | 825.48 | 1,171.46 | 90.64 |
| 03-2022 | 497.81 | 787.39 | 44.85 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure requirements for the purchase of equipment/machineries
- Funding the working capital requirements of the company
- General corporate purposes
Vishnu Prakash R Punglia Ltd IPO Promoter Holding
| Pre Issue Share Holding | 14.05% |
| Post Issue Share Holding | 10.53% |
Vishnu Prakash R Punglia Ltd IPO Subscription Status (Bidding Detail)
The Vishnu Prakash R Punglia Ltd IPO is subscribed 87.82 times on 28 August 2023 05:00:00 PM. The public issue subscribed 32.02 times in the retail category, 171.69 times in the QIB category, and 111.03 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 171.69 | 111.03 | 32.02 | 12.97 | 87.82 |
Vishnu Prakash R Punglia Ltd IPO Prospectus
Vishnu Prakash R Punglia Ltd IPO Listing Date
| Listing Date | 5 September 2023 |
| BSE Script | 543974 |
| NSE Symbol | VPRPL |
| Listing In | BSE, NSE |
| ISIN | INE0AE001013 |
| IPO Price | ₹99 |
| Face Value | ₹10 |
Company Contact Information
Unit #3 5th Flr B-Wing TradeStar Prms.Coop.Soc. Andheri(E),Mumbai-400059
Phone: +91 22 40164020
Email: compliance@vprp.co.in
Website: www.vprp.co.in
Vishnu Prakash R Punglia Ltd IPO Registrar
Email: vishnuprakashrpunglia.ipo@linkintime.co.in
Website: www.linkintime.co.in
Vishnu Prakash R Punglia Ltd IPO Lead Manager(s)
- Choice Capital Advisors Pvt Ltd
- Pantomath Capital Advisors Pvt Ltd
FAQ
What is the issue size of Vishnu Prakash R Punglia Ltd IPO?
I have pre-applied for Vishnu Prakash R Punglia Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.