V.L.Infraprojects Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,082,000 (47%) | — | ₹874 Cr |
| NII (HNI) | — | 627,000 (14%) | — | ₹263 Cr |
| Retail | — | 1,461,000 (33%) | — | ₹614 Cr |
| Market Maker | — | 240,000 (5%) | — | ₹10 Cr |
| Σ Total | — | 4,410,000 (100%) | — | ₹18,522 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹126,000 |
| Retail (Max) | 13 | 39,000 | ₹1,638,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,764,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,442,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 11,400 | 4,565 | 3,561 |
| Profit After Tax | 614 | 223 | 111 |
| Net Worth | 1,636 | 1,022 | 731 |
| Total Assets | 5,691 | 2,836 | 1,955 |
| Reserves & Surplus | 506 | 269 | 457 |
| Total Borrowing | 1,655 | 999 | 1,004 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Working Capital Requirements; and –
- General Corporate Purposes. –
Company Overview
V.L.Infraprojects Limited was founded in 2014 and 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 March 31, 2024, the company had a total of 30 employees.