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IPO 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'.

EventDate
Vishnusurya Projects and Infra Ltd IPO Opening Date29 September 2023
Vishnusurya Projects and Infra Ltd IPO Closing Date 5 October 2023
Basis of Allotment10 October 2023
Initiation of Refunds11 October 2023
Credit of Shares to Demat11 October 2023
Vishnusurya Projects and Infra Ltd IPO Listing Date10 October 2023

Vishnusurya Projects and Infra Ltd IPO Details

Vishnusurya Projects and Infra Ltd IPO Date29 September 2023 to 5 October 2023
Vishnusurya Projects and Infra Ltd IPO Face Value10 per share
Vishnusurya Projects and Infra Ltd IPO Price68 to ₹0 per share
Vishnusurya Projects and Infra Ltd IPO Lot Size2,000
Issue SizeShares of ₹10 (aggregating up to ₹49.98 Cr)
Fresh IssueShares of ₹10 (aggregating up to ₹49.98 Cr)
Offer for Sale-
Issue TypeFixed Price - SME
Listing At NSE - SME
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersBhavani 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 LotsSharesAmount
Minimum12,000₹1,36,000
Maximum12,000₹1,36,000
  • 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 AssetsTotal RevenueProfit After Tax
03-2024172.57231.527.58
03-2023116.09133.2617.37
03-2022114.5896.4321.59
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 Holding86.66%
Post Issue Share Holding60.78%

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)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)----38.0125

Vishnusurya Projects and Infra Ltd IPO Prospectus

Vishnusurya Projects and Infra Ltd IPO Listing Date

Listing Date10 October 2023
BSE Script 91873
NSE SymbolVISHNUINFR
Listing In NSE - SME
ISININE0PQ001012
IPO Price68
Face Value10

Company Contact Information

Vishnusurya Projects and Infra Ltd
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

Phone:+91 44 40020741/40020706/
Email: investor@cameoindia.com
Website: www.cameoindia.com

Vishnusurya Projects and Infra Ltd IPO Lead Manager(s)

  1. Khandwala Securities Ltd

FAQ

What is the issue size of Vishnusurya Projects and Infra Ltd IPO?

Vishnusurya Projects and Infra Ltd IPO, which opens for subscription from to 5 October 2023 has an issue size of ₹49.98 crore. The issue type is book building issue.

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.

What are the open and close dates for Vishnusurya Projects and Infra Ltd IPO?

Vishnusurya Projects and Infra Ltd IPO Opens for subscription from 29 September 2023 to 5 October 2023

What is the lot size and minimum order quantity of the Vishnusurya Projects and Infra Ltd IPO?

The lot size of Vishnusurya Projects and Infra Ltd is 2,000 shares. Retail investors can subscribe to minimum 1 lot and maximum 1 lots. The minimum and maximum application value is ₹1,36,000 and ₹1,36,000 respectively.

What are the allotment dates for the Vishnusurya Projects and Infra Ltd IPO?

Allotment date for Vishnusurya Projects and Infra Ltd is 10 October 2023 and refund of application amount (in case allotment is not received) will begin from 11 October 2023. If your allotment goes through, then shares will be credited in your Demat account by 11 October 2023.

Who is the registrar of Vishnusurya Projects and Infra Ltd IPO?

The registrar for Vishnusurya Projects and Infra Ltd IPO is Cameo Corporate Services Ltd. You can check your IPO allotment status on the registrar's website.

Where is the Vishnusurya Projects and Infra Ltd IPO getting listed?

The shares of Vishnusurya Projects and Infra Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)