VVIP Infratech Limited, originally incorporated as Vibhor Builders Private Limited, is an infrastructure company established in 2001.
VVIP Infratech is a major civil and electrical contractor having over two decades of experience in the field of execution and construction of infrastructure projects such as Sewer, Sewer Treatment Plants, Water Tanks, Water Treatment Plants, Sector Development work, Electrical Distribution and Sub Stations up to 33 kVA, Jal Jeewan Mission work, etc.
They are primarily working on projects in the state of Uttar Pradesh, Uttarakhand, NCR Delhi and other northern parts of India. They are among the top preferred companies in India for STPs.
The market for sewage and wastewater treatment in India is still evolving. Only about 50-60% of the wastewater generated in the country gets treated, presenting a gap in demand and supply. India’s power generation witnessed its highest growth rate in over 30 years in FY23. In a growing infrastructure industry, major players like VVIP Infratech may see expansion in the coming years.
As of September 30, 2023, the company had a total of 466 employees.
VVIP Infratech IPO – Details
| IPO Opening Date | 23 July 2024 |
| IPO Closing Date | 25 July 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 65,82,000 Shares Worth ₹61.21 Crore Fresh Issue: 65,82,000 Shares Worth ₹61.21 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹91 – ₹93 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Maashitla Securities Private Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
VVIP Infratech IPO – Date Schedule
| IPO Open Date | 23 July 2024 |
| IPO Close Date | 25 July 2024 |
| Basis of Allotment | 26 July 2024 |
| Initiation of Refund | 29 July 2024 |
| Credit of Shares to Demat Account | 29 July 2024 |
| IPO Listing Date | 30 July 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 25, 2024 |
VVIP Infratech IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,11,600 |
| Retail (Max) | 1 | 1200 | ₹1,11,600 |
| HNI (Min) | 2 | 2400 | ₹2,23,200 |
Competitive Strengths
- Strong order book of projects across India;
- Strong high-quality work, on-time delivery, and competitive pricing;
- Experienced and qualified engineers and technicians;
- Track record of operating and financial performance and growth;
Company Promoters
- Mr. Praveen Tyagi
- Mr. Vaibhav Tyagi
- Mr. Vibhor Tyagi
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 127.61 | 127.64 | -0.18 | 33.61 |
| 31 March 2022 | 185.26 | 179.37 | 4.52 | 22.85 |
| 31 March 2023 | 210.56 | 192.77 | 13.57 | 30.47 |
| 30 September 2023 | 121.96 | 105.16 | 12.26 | 35.25 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 21.36% |
| ROCE | 19.00% |
| Debt/Equity | 0.4 |
| RoNW | 18.73% |
| P/BV | 0.87 |
| PAT Margin (%) | 7.31 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 11.26 | 8.29 |
| P/E (x) | 8.26 | 11.21 |
Object Of The Issue
VVIP Infratech IPO Promoter Holding
| Pre Issue Share Holding | 92.34% |
| Post Issue Share Holding | – |
VVIP Infratech IPO Prospectus
Company Contact Information
| VVIP Infratech Limited Fifth Floor, VVIP Style, Nh-58 Raj Nagar Extension, Ghaziabad – 201017 Phone: +91 9990060123 Email: cs@vvipinfra.com Website: http://www.vvipinfra.com/ |
VVIP Infratech IPO Registrar
| Maashitla Securities Private Limited Phone: +91-11-45121795-96 Email: Investor.ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
VVIP Infratech IPO Lead Manager(s)
| 1. Share India Capital Services Private Limited |
VVIP Infratech IPO FAQs
| What is VVIP Infratech IPO? VVIP Infratech IPO is a SME IPO. The issue is priced at ₹91 to ₹93 per equity share. The IPO is to be listed on BSE SME. |
| When VVIP Infratech IPO will open? The IPO is to open on 23 July 2024 for QIB, NII, and Retail Investors. |
| What is VVIP Infratech IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the VVIP Infratech IPO? You can apply VVIP Infratech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the VVIP Infratech IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “VVIP Infratech IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the VVIP Infratech IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “VVIP Infratech IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the VVIP Infratech IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “VVIP Infratech IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the VVIP Infratech IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “VVIP Infratech IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is VVIP Infratech IPO Size? VVIP Infratech IPO size is ₹61.21 Crore. |
| What is VVIP Infratech IPO Price Band? VVIP Infratech IPO Price Band is ₹91 to ₹93. |
| What is VVIP Infratech IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1200 Shares with ₹1,11,600 amount while the maximum bid is 1200 Shares with ₹1,11,600. |
| What is the VVIP Infratech IPO Allotment Date? VVIP Infratech IPO allotment date is 26 July 2024. |
| What is the VVIP Infratech IPO Listing Date? VVIP Infratech IPO listing date is 30 July 2024. The IPO is to be listed on BSE SME. |
