Vishnu Prakash R.Punglia Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 15,450,000 (50%) | — | ₹15,296 Cr |
| NII (HNI) | — | 4,635,000 (15%) | — | ₹4,589 Cr |
| Retail | — | 10,815,000 (35%) | — | ₹10,707 Cr |
| Employee | — | 300,000 (1%) | — | ₹30 Cr |
| Σ Total | — | 31,200,000 (100%) | — | ₹308,880 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 | 150 | ₹14,850 |
| Retail (Max) | 13 | 1,950 | ₹193,050 |
| S-HNI (Min) | 14 | 2,100 | ₹207,900 |
| B-HNI (Min) | 67 | 10,050 | ₹994,950 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 488 | 787 | 1,171 |
| Profit After Tax | 19 | 45 | 91 |
| Net Worth | 114 | 159 | 315 |
| Total Assets | 331 | 498 | 825 |
| Reserves & Surplus | 85 | 130 | 220 |
| Total Borrowing | 111 | 177 | 250 |
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
- 1 Funding capital expenditure requirements for the purchase of equipment/machineries – 62.18
- 2 Funding the working capital requirements of the Company – 150.00
- 3 General corporate purposes – 67.45
Company Overview
Incorporated in 1986, Vishnu Prakash R Punglia Limited is engaged in the business of designing and constructing infrastructure projects for the Central and State Governments, autonomous bodies, and private bodies across 9 States and 1 Union territory in India.
The company's principal business operations are broadly divided into four categories:
(i) Water Supply Projects ("WSP"); (ii) Railway Projects; (iii) Road Projects and (iv) Irrigation Network Projects.
VPRP has been accredited with various registrations as a contractor with various departments and agencies viz. Jodhpur Development Authority, Jodhpur (Class AA), Rajasthan, Public Health Engineering Department, Rajasthan, (Class AA), Water Resources Department, Rajasthan (Class AA), roads and Building Department, Gujarat (Class AA), South Western Command, Military Engineering Services (MES), Jaipur (Class 'S'), Rajasthan, Public Works Department, Chhattisgarh (Class A), Public Works Department, Rajasthan (Class AA), Public Works Department, Madhya Pradesh, Bhopal (Civil works).
In 2021 VPRP was awarded a WSP by the Public Health Engineering Department ("PHED"), Manipur worth ₹4332.90 million as against a WSP awarded to it (as a partnership firm) by PHED, Rajasthan in 2002 of ₹19.80 million.