Today we will talk About ‘Vishnu Prakash R Punglia IPO GMP, Gray Market Premium Today’. Vishnu Prakash R Punglia IPO will open on 24 Aug and close on Monday, 28 Aug 2023. The listing date of Vishnu Prakash R Punglia Limited IPO is Tuesday, 5 September 2023.
Vishnu Prakash R Punglia Limited IPO GMP, Grey Market Premium Today details
Vishnu Prakash R Punglia Limited Company will collect Rs 309 crore through IPO. The company has kept the price band of Rs 94-99 per equity share. The company’s profit in March 2023 is Rs 90.64 crore.
Vishnu Prakash R Punglia IPO Date
|IPO Open Date||Thursday, 24 August 2023|
|IPO Close Date||Monday, 28 August 2023|
|Allotment||Thursday, 31 August 2023|
|Initiation of Refunds||Friday, 1 September 2023|
|The 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|
Vishnu Prakash R Punglia IPO Details
Vishnu Prakash R Punglia IPO will list on BSE, NSE.
|IPO Date||Aug 24, 2023 to Aug 28, 2023|
|Listing Date||Tuesday, 5 September 2023|
|Face Value||₹10 per share|
|Price||₹94 to ₹99 per share|
|Lot Size||150 Shares|
|Total Issue Size||31,200,000 shares
(aggregating up to ₹308.88 Cr)
|Share holding pre-issue||93,444,000|
|Shareholding post issue||124,644,000|
|Fresh Issue||31,200,000 shares
(aggregating up to ₹[.] Cr)
Vishnu Prakash R Punglia Limited IPO Reservation
|QIB(Qualified Institutional Buyers) Shares Offered||Not more than 50.00% of the Net offer|
|NII (HNI- High Networth Individuals) Shares Offered||Not less than 15.00% of the Offer|
|Retail Shares Offered||Not less than 35.00% of the Offer|
Vishnu Prakash R Punglia IPO Lot Size
Vishnu Prakash R Punglia IPO Financial Information (Restated Standalone) in Cr
|Period Ended||Assets||Revenue||Profit After Tax||Net Worth||Reserves and Surplus||Total Borrowing|
|31 Mar 2021||331.05||487.67||18.98||113.61||85.24||110.78|
|31 Mar 2022||497.81||787.39||44.85||158.69||130.11||176.58|
|31 Mar 2023||825.48||1,171.46||90.64||314.51||219.96||250.37|
Vishnu Prakash R Punglia IPO Review
This company operates in the EPC infrastructure development sector and operates across 9 states and 1 union territory. With orders amounting to Rs. 3800 crore as of July 15, 2023, the company’s financial standing is evident. Considering the earnings of the fiscal year 2022-2023, the valuation of the IPO seems comprehensive. Those with substantial knowledge about the market might consider investing with a medium to long-term perspective for potentially lucrative returns.
Vishnu Prakash R Punglia’s company profile
“VISHNU PRAKASH R PUNGLIA LIMITED” is one of India’s fastest-growing Infrastructure Development Companies. Established in 1986, the Company achieved exponential growth with a dedication to customer satisfaction and trustworthiness. In April 2013, the company progressed from a partnership firm to a Joint Stock Company under Chapter IX of the companies act 1956 registered with the Registrar of Companies, Mumbai (Maharashtra) INDIA. Maintaining a legacy of innovation in engineering designs and construction, VPRPL continues to add new milestones every year, building world-class infrastructures and creating one-stop solutions in the infrastructure domain.
Vishnu Prakash R Punglia’s company services(Products)
Vishnu Prakash R Punglia company is an integrated infrastructure development company having vast experience in executing major infrastructure projects for Central and State Governments, Local Bodies, Public Sector Companies, World Bank Projects, and Private Bodies across more than 12 States & Union territories in India. Our principal business operations are Infrastructure Development Works on EPC mode including their operation and maintenance activities, which are broadly divided into the following categories:
- (i) Water Sector which includes works like Water dams, Water Tanks, Reservoirs, Water Treatment Plants, Water supply schemes, Overhead tanks, Pipelines, Irrigation Channels, etc.,
- (ii) Sewerage Sector which includes activities like Sewerage treatment Plants, Sewer Tank drains,
- (iii) Railway Sector, which includes all Railway works like Railway Tracks, Railway Stations and allied buildings, Platforms and Bridges
- (iv) Road Sector, which includes the Development of roads and highways, bridges, and Flyovers
- (v) Tunnelling Works
- (vi) Buildings and Ware Houses Works
- (vii) Multi-dimensional Smart City Projects.
- (viii) Automation work involving PLC and SCADA.
Vishnu Prakash R Punglia IPO Promoter Holding
Mr. Vishnu Prakash Punglia, Mr. Manohar Lal Punglia, Mr. Sanjay Kumar Punglia, Mr. Kamal Kishor Pungalia, and Mr. Ajay Pungalia are the promoters of the company.
Company Contact Information
|Vishnu Prakash R Punglia Limited
Unit No. 3, 5th Floor, B-wing, Trade Star Premises
Co-operative Society Limited, Mathuradas Vasanji R
oad, Andheri (East), Mumbai – 400059
Phone: +91 8058053700
Vishnu Prakash R Punglia IPO Registrar
|Phone: +91-22-4918 6270