V R Infraspace Limited IPO (V R Infraspace IPO)

V R Infraspace Limited IPO
Upcoming V R Infraspace IPO | New V R Infraspace IPO

V R Infraspace Limited is a real estate development company primarily focused on constructing and developing residential and commercial projects in and around Vadodara, Gujarat.

The company offers a range of luxurious, affordable residential buildings with various types of accommodations. Each building has security systems, sports and recreational facilities, play areas, and electricity backups. The company provides residential and commercial projects under the brand name “VR“.

V R Infraspace has completed residential projects named VR Celebrity Luxuria and VR Imperia and a commercial project named VR One Commercial Business Center.

As of August 31st, 2023, the company has 9 employees at the construction site and registered office, including key management personnel.

V R Infraspace IPO

V R Infraspace IPO – Details

IPO Opening Date04 March 2024
IPO Closing Date06 March 2024
Issue TypeFixed Price Issue IPO
Issue Size24,00,000 Shares Worth ₹20.40 Crore
Fresh Issue: 24,00,000 Shares Worth ₹20.40 Crore
Face Value₹10 per equity share
IPO Price₹85
Market Lot1600 Shares
Min Order1600 Shares (1 Lot)
Listing AtNSE SME
RegisterLink Intime India Private Ltd
NII (HNI) Shares Offered50%
Retail Shares Offered50%

V R Infraspace IPO – Date Schedule

IPO Open Date04 March 2024
IPO Close Date06 March 2024
Basis of Allotment07 March 2024
Initiation of Refund11 March 2024
Credit of Shares to Demat Account11 March 2024
IPO Listing Date12 March 2024
Cut-off time for UPI mandate confirmation5 PM on 06 March 2024

V R Infraspace IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11600₹1,36,000
Retail (Maximum)11600₹1,36,000
HNI (Minimum)23200₹2,72,000

Competitive Strengths

  • Experienced Management Team.
  • Established brand and reputation.
  • Operation methodology.
  • Scalable Business Model.
  • Quality Assurance and Standards.
  • Ability to create projects which redefine the surrounding geography and create value.

Company Promoters

  • Mr. Vipul Devchand Rupareliya
  • Mrs. Sumitaben Vipulbhai Rupareliya

Object Of The Issue

  • Investment into our subsidiary namely M/s Narnarayan Enterprise.
  • To Meet Working Capital Requirement.
  • General Corporate Purpose.
  • To Meet the Issue Expenses.
V R Infraspace IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202113.5212.680.7116.76
31 March 202214.0413.100.7510.38
31 March 202318.4715.752.619.71
30 September 20237.436.270.866.61
Amount in ₹ Crore

Key Performance Indicator

EPS (Rs)4.052.02
P/E (x)20.9942.15

V R Infraspace IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding72.97%

V R Infraspace IPO Prospectus

Company Contact Information

V R Infraspace Limited

National Trade Center N. H. 8
Opp. L & T,
Bapod Na Vadodara-390019

Phone: +91- 9737118885
Email: info@vrinfraspace.com

V R Infraspace IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: vrinfraspace.ipo@linkintime.co.in

V R Infraspace IPO Lead Manager(s)

1. Beeline Capital Advisors Pvt Ltd

V R Infraspace IPO FAQs

V R Infraspace IPO FAQs
What is V R Infraspace IPO?

V R Infraspace IPO is a SME IPO. The issue is priced at ₹85 per equity share. The IPO is to be listed on NSE SME.
When V R Infraspace IPO will open?

The IPO is to open on 04 March 2024 for NII – 50% and Retail – 50% Investors.
How to V R Infraspace IPO?

You can apply V R Infraspace 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 R Infraspace IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “V R Infraspace”. 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 R Infraspace IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “V R Infraspace”. 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 Edelweiss.
What is V R Infraspace IPO Size?

V R Infraspace IPO size is ₹20.40 crores.
What is V R Infraspace IPO Price Band?

V R Infraspace IPO Price Band is ₹85.
What is V R Infraspace IPO Minimum and Maximum Lot Size (Retail)?

The minimum bid is 1600 Shares with ₹1,36,000 amount while the maximum bid is 1600 shares with ₹1,36,000.
What is the V R Infraspace IPO Allotment Date?

V R Infraspace IPO allotment date is  07 March 2024.
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