Vishnusurya Projects and Infra Ltd
Price Range
₹68
Min. Quantity
2,000
Closes on
5 October 2023
Min. investment
₹1,36,000/2,000 Shares
Vishnusurya Projects and Infra Ltd IPO Timeline
Vishnusurya Projects and Infra Ltd was incorporated as 'Surya Developers and Promoters Private Limited', a Private Limited Company, pursuant to a Certificate of Incorporation dated May 17, 1996 issued by the Assistant Registrar of Companies, Tamil Nadu. The name of Company was changed to 'Vishnusurya Logistics Private Limited', dated September 1, 2010. Thereafter, through the Composite Scheme of Amalgamation, 'Satellite Town and Development Private Limited' (Transferor I), 'Suryavishnu Enterprises Private Limited' (Transferor II) amalgamated with 'Vishnusurya Logistics Private Limited' effective from September 25, 2015 and subsequently, the Company converted into a Public Limited Company vide fresh Certificate of Incorporation dated May 12, 2023 was issued by the Registrar of Companies, Chennai, recording the change in the name of Company to 'Vishnusurya Projects and Infra Limited'.
Event | Date |
---|---|
Vishnusurya Projects and Infra Ltd IPO Opening Date | 29 September 2023 |
Vishnusurya Projects and Infra Ltd IPO Closing Date | 5 October 2023 |
Basis of Allotment | 10 October 2023 |
Initiation of Refunds | 11 October 2023 |
Credit of Shares to Demat | 11 October 2023 |
Vishnusurya Projects and Infra Ltd IPO Listing Date | 10 October 2023 |
Vishnusurya Projects and Infra Ltd IPO Details
Vishnusurya Projects and Infra Ltd IPO Date | 29 September 2023 to 5 October 2023 |
Vishnusurya Projects and Infra Ltd IPO Face Value | ₹10 per share |
Vishnusurya Projects and Infra Ltd IPO Price | ₹68 to ₹0 per share |
Vishnusurya Projects and Infra Ltd IPO Lot Size | 2,000 |
Issue Size | Shares of ₹10 (aggregating up to ₹49.98 Cr) |
Fresh Issue | Shares of ₹10 (aggregating up to ₹49.98 Cr) |
Offer for Sale | - |
Issue Type | Fixed Price - SME |
Listing At | NSE - SME |
QIB Shares Offered | - |
Retail Shares Offered | - |
NII (HNI) Shares Offered | - |
Company Promoters | Bhavani Jayaprakash |
Vishnusurya Projects and Infra Ltd IPO Lot Size
The Vishnusurya Projects and Infra Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,36,000).
Application | Lots | Shares | Amount |
---|---|---|---|
Minimum | 1 | 2,000 | ₹1,36,000 |
Maximum | 1 | 2,000 | ₹1,36,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoter & Management Team.
- Focused on Infrastructure Projects.
- Visible growth with strong order book.
- Industry experience with strong execution capabilities.
- Strong Financial Performance.
Company Financials
Vishnusurya Projects and Infra Ltd Financial Information (Restated)
Period Ended | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
03-2024 | 172.57 | 231.5 | 27.58 |
03-2023 | 116.09 | 133.26 | 17.37 |
03-2022 | 114.58 | 96.43 | 21.59 |
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 of working capital requirements of the company
- Repayment/prepayment in part or full of certain outstanding borrowings availed by the company
- General Corporate Purposes
Vishnusurya Projects and Infra Ltd IPO Promoter Holding
Pre Issue Share Holding | 86.66% |
Post Issue Share Holding | 60.78% |
Vishnusurya Projects and Infra Ltd IPO Subscription Status (Bidding Detail)
The Vishnusurya Projects and Infra Ltd IPO is subscribed 38.0125 times on 5 October 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | QIB | NII | Retail | Employee | Total |
Subscription (times) | - | - | - | - | 38.0125 |
Vishnusurya Projects and Infra Ltd IPO Prospectus
Vishnusurya Projects and Infra Ltd IPO Listing Date
Listing Date | 10 October 2023 |
BSE Script | 91873 |
NSE Symbol | VISHNUINFR |
Listing In | NSE - SME |
ISIN | INE0PQ001012 |
IPO Price | ₹68 |
Face Value | ₹10 |
Company Contact Information
2nd Flr Qbas Temple Tower #76/25 North Mada Street Mylapore,Chennai-600004
Phone: +91 44 24950019
Email: cs@vishnusurya.com
Website: www.vishnusurya.com
Vishnusurya Projects and Infra Ltd IPO Registrar
Vishnusurya Projects and Infra Ltd IPO Lead Manager(s)
- Khandwala Securities Ltd
FAQ
What is the issue size of Vishnusurya Projects and Infra Ltd IPO?
I have pre-applied for Vishnusurya Projects and Infra 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.