V.L.Infraprojects Limited offers the planning, construction, and commissioning of various government projects, especially in the field of water infrastructure and irrigation.
The company is engaged in the execution of water supply and wastewater infrastructure projects which mainly include procurement of pipes and their laying, connection, and commissioning with backward integration, including all related civil engineering works such as civil works, pumping stations, and installation of electro-mechanical equipment (pumping machines) for distribution of water supply from river to household. The company also provides operation and maintenance services for water pipelines.
The company is a Class AA approved contractor by the Government of Gujarat, holds a civil/ electrical contractor license from the Karnataka State Public Works Department, is registered with the Government of Telangana in a special class, and is approved as a contractor by the Government of Madhya Pradesh.
As of September 30, 2023, the company had a total of 25 Employees.
V.L.Infraprojects 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: 44,10,000 Shares Worth ₹18.52 Crore Fresh Issue: 44,10,000 Shares Worth ₹18.52 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹39 – ₹42 per share |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
V.L.Infraprojects 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 |
V.L.Infraprojects IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,26,000 |
| Retail (Max) | 1 | 3000 | ₹1,26,000 |
| HNI (Min) | 2 | 6000 | ₹2,52,000 |
Competitive Strengths
- Experienced Promoters and Management Team.
- Focused player in Water Supply Projects (WSPs).
- End-to-end execution capabilities.
- Optimal Utilization of Resources.
- Long-standing relationships with there customers.
Company Promoters
- Mr. Rajagopal Reddy Annam Reddy
- Mrs. Mydhili Rajagopal Reddy
- Mr. Nageswara Rao Repuri
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 30.77 | 29.59 | 0.83 | 6.59 |
| 31 March 2022 | 35.60 | 34.06 | 1.10 | 10.03 |
| 31 March 2023 | 45.65 | 42.56 | 2.22 | 9.99 |
| 31 March 2024 | 114.00 | 105.48 | 6.14 | 13.84 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 46.20% |
| ROCE | 39.09% |
| RoNW | 37.53% |
| P/BV | 2.9 |
| PAT Margin (%) | 5.39 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 5.43 | 3.91 |
| P/E (x) | 7.73 | 10.75 |
Object Of The Issue
V.L.Infraprojects IPO Promoter Holding
| Pre Issue Share Holding | 90.91% |
| Post Issue Share Holding | 65.39% |
V.L.Infraprojects IPO Prospectus
Company Contact Information
| V.L.Infraprojects Limited Office at 716, Shivalik Satyamev, Near Vakil saheb Bridge Bopal, Ahmedabad- 380058 Phone: +91 9998850177 Email: cs@vlil.in Website: http://www.vlil.in/ |
V.L.Infraprojects IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
V.L.Infraprojects IPO Lead Manager(s)
| 1. Beeline Capital Advisors Pvt Ltd |
V.L.Infraprojects IPO FAQs
| What is V.L.Infraprojects IPO? V.L.Infraprojects IPO is a SME IPO. The issue is priced at ₹39 to ₹42 per equity share. The IPO is to be listed on NSE SME. |
| When V.L.Infraprojects IPO will open? The IPO is to open on 23 July 2024 for QIB, NII, and Retail Investors. |
| What is V.L.Infraprojects IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the V.L.Infraprojects IPO? You can apply V.L.Infraprojects 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 V.L.Infraprojects IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “V.L.Infraprojects 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 V.L.Infraprojects IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “V.L.Infraprojects 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 V.L.Infraprojects IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “V.L.Infraprojects 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 V.L.Infraprojects IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “V.L.Infraprojects 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 V.L.Infraprojects IPO Size? V.L.Infraprojects IPO size is ₹18.52 Crore. |
| What is V.L.Infraprojects IPO Price Band? V.L.Infraprojects IPO Price Band is ₹39 to ₹42. |
| What is V.L.Infraprojects IPO Minimum and Maximum Lot Size for retail? The minimum bid is 3000 Shares with ₹1,26,000 amount while the maximum bid is 3000 Shares with ₹1,26,000. |
| What is the V.L.Infraprojects IPO Allotment Date? V.L.Infraprojects IPO allotment date is 26 July 2024. |
| What is the V.L.Infraprojects IPO Listing Date? V.L.Infraprojects IPO listing date is 30 July 2024. The IPO is to be listed on NSE SME. |
