Table of Contents
Overview for the ipo:
Established in 1986, Vishnu Prakash R Punglia Limited IPO is a stalwart in the realm of designing and erecting pivotal infrastructure ventures. These projects cater to the requisites of Central and State Governments, as well as autonomous and private entities. With a robust presence spanning 9 States and 1 Union territory in India, the company’s imprint is significant.
The bedrock of Vishnu Prakash R Punglia Limited’s operations can be encapsulated within four overarching domains:
(i) Water Supply Projects (“WSP”): Navigating the intricate landscape of water provisioning to fulfill essential needs.
(ii) Railway Projects: Contributing to the evolution of railway networks, a cornerstone of India’s connectivity.
(iii) Road Projects: Pioneering the development of roadways, facilitating smoother journeys and efficient transport.
(iv) Irrigation Network Projects: Harnessing water resources through innovative irrigation setups, bolstering agricultural growth.
In essence, Vishnu Prakash R Punglia Limited’s narrative is one of dynamic involvement, spanning diverse sectors and nurturing India’s infrastructure landscape since its inception.Read More
Vishnu Prakash R Punglia IPO Details
The upcoming Vishnu Prakash R Punglia IPO, a Book Built Issue, amounts to Rs 308.88 Cr. Priced at ₹94 to ₹99 per share, it’s set to list on both BSE and NSE.
| IPO Date | Aug 24, 2023 to Aug 28, 2023 |
| Listing Date | Tuesday, 5 September 2023 |
| Price | ₹94 to ₹99 per share |
| Lot Size | 150 Shares |
| Total Issue Size | 31,200,000 shares (aggregating up to ₹308.88 Cr) |
| Fresh Issue | 31,200,000 shares (aggregating up to ₹[.] Cr) |
Vishnu Prakash R Punglia IPO Timetable (Tentative)
Mark your calendars: The Vishnu Prakash R Punglia IPO is slated to commence on August 24, 2023, and wrap up on August 28, 2023.
| IPO Open Date | Thursday, 24 August 2023 |
| IPO Close Date | Monday, 28 August 2023 |
| Basis of Allotment | Thursday, 31 August 2023 |
| Initiation of Refunds | Friday, 1 September 2023 |
| Credit of Shares to Demat | Monday, 4 September 2023 |
| Listing Date | Tuesday, 5 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 28, 2023 |
Key Performance Indicator
| KPI | Values |
| P/E (x) | 13.61 |
| Market Cap (₹ Cr.) | 1234 |
| ROCE | 33.72% |
| Debt/Equity | 0.8 |
| EPS (Rs) | 10.41 |
| RoNW | 38.31% |
Vishnu Prakash R Punglia IPO Lot Size
The minimum lot size of this Vishnu Prakash R Punglia IPO is 150 shares required is ₹14,850.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 150 | ₹14,850 |
| Retail (Max) | 13 | 1950 | ₹193,050 |
| S-HNI (Min) | 14 | 2,100 | ₹207,900 |
| S-HNI (Max) | 66 | 10,050 | ₹994,950 |
| B-HNI (Min) | 67 | 10,200 | ₹1,009,800 |
Comapany’s Financials
Vishnu Prakash R Punglia IPO Financial Information (Restated Standalone)
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 331.05 | 497.81 | 825.48 |
| Revenue | 487.67 | 787.39 | 1,171.46 |
| Profit After Tax | 18.98 | 44.85 | 90.64 |
| Net Worth | 113.61 | 158.69 | 314.51 |
| Reserves and Surplus | 85.24 | 130.11 | 219.96 |
| Total Borrowing | 110.78 | 176.58 | 250.37 |
Objects of the Issue:
The funds garnered from the issue will be allocated towards the following objectives:
- Fulfilling capital expenditure needs for equipment/machinery acquisition.
- Catering to the company’s working capital requirements.
- Serving general corporate purposes.
Vishnu Prakash R Punglia IPO Review (I have applied)
This company operates as an EPC infrastructure development firm and spans its influence across 9 states and 1 union territory. Notably, its order book stands at a substantial Rs. 3800 crore as of July 15, 2023. Given its fiscal year 2023 earnings, the current issue seems to be priced comprehensively. Savvy investors who are well-informed might consider investing with an eye on potential medium to long-term gains.
Vishnu Prakash R Punglia IPO Subscription Status (Bidding Detail)
- The Vishnu Prakash R Punglia IPO witnessed a subscription of 10.70 times as of Aug 25, 2023, at 7:02:00 PM.
- Within the retail category, the public issue received a robust subscription of 13.00 times.
- In the QIB (Qualified Institutional Buyer) category, the subscription reached 0.35 times.
- The NII (Non-Institutional Investor) category displayed remarkable interest, with a subscription of 19.44 times.
Check Day by Day Subscription Details (Live Status)
GMP(grey market premium)
- The latest Grey Market Premium (GMP) for the Vishnu Prakash R Punglia IPO is ₹54(+/-), as of the last update on Aug 26th, 2023, at 12:28 AM.
- With the IPO price band set at ₹99.00, the estimated listing price for the Vishnu Prakash R Punglia IPO totals ₹153 (cap price + today’s GMP).
- This projected listing price suggests a potential gain/loss per share of 54.55% in terms of percentage.
Additional Information:
- Vishnu Prakash R Punglia IPO Retail Subject to Sauda: ₹6200
- Vishnu Prakash R Punglia IPO Small HNI Subject to Sauda: ₹86800
check live Gmp details(status)
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disclaimer:
The content provided here should not be interpreted as an invitation or solicitation to buy or sell securities, nor should it be regarded as guidance for such actions. All material presented is intended solely for educational and informational purposes and should not be utilized for making investment choices in any manner. It is imperative to recognize that any data shared here carries no intent to influence investment decisions. Any individual considering investment moves should first seek guidance from a qualified financial advisor, taking into account the particulars of their circumstances.
It is vital to underscore that any decisions based on the information shared here are undertaken at one’s own risk. As with all investments in the stock market, it’s important to acknowledge the inherent and unpredictable risks associated with such endeavors.
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