Vision Infra Equipment Solutions Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,089,600 (47%) | — | ₹5,036 Cr |
| NII (HNI) | — | 927,200 (14%) | — | ₹1,511 Cr |
| Retail | — | 2,163,200 (33%) | — | ₹3,526 Cr |
| Market Maker | — | 336,000 (5%) | — | ₹55 Cr |
| Σ Total | — | 6,516,000 (100% | — | ₹106,211 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 | 800 | ₹130,400 |
| Retail (Max) | 13 | 10,400 | ₹1,695,200 |
| S-HNI (Min) | 14 | 11,200 | ₹1,825,600 |
| B-HNI (Min) | 67 | 53,600 | ₹8,736,800 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 |
|---|---|
| Revenue | 34,966 |
| Profit After Tax | 2,669 |
| Net Worth | 2,346 |
| Total Assets | 36,134 |
| Reserves & Surplus | 616 |
| Total Borrowing | 26,428 |
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
- Funding Capital Expenditure towards the purchase of additional equipment –
- Funding to meet working capital requirem –
- General Corporate Purpose –
Company Overview
Vision Infra Equipment Solutions Limited was founded in 2015 and provides services in the fields of airports, smart cities, irrigation, buildings and factories, mining, railroads, etc.
The company's service portfolio includes the rental of road construction machines as well as the trade and reconditioning of these machines. Road construction machinery is rented out in two ways: (i) time-based pricing and (ii) output-based pricing. Under the time-based pricing model, customers pay for the equipment based on its use or period of use, which is primarily a fixed fee. In contrast, under output-based pricing, the customer pays for the service based on the results or outcomes achieved by the service provided.
The company has a large fleet of equipment from major OEMs such as Wirtgen, Case, Luigong, Dynapac, Komatsu, Atlas Copco, Ashok Leyland, Bharat Benz, Eicher Motors, Volvo, Terex Power Screen, Caterpillar, Metro, BOMAG, etc., which is leased out to infrastructure companies: Larsen & Toubro, Ashoka Buildcon Ltd, Afcons Infrastructure Ltd, NCC Ltd, GMR Infraprojects Ltd, Shapoorji Pallonji, Dilip Buildcon Ltd, Tata Projects Ltd, ITD Cementation India Limited, HG Infra Engineering Ltd, IRB Infra Developers Ltd, GR Infra Projects Ltd, etc. As of November 30, 2023, the company owned a fleet of 326 road construction machines.
As of March 31, 2024, the Company employed around 227 permanent employees and 763 contract employees, including administrative staff, operators, drivers, electricians, engineers, helpers, logistics mechanics, painters, supervisors, and welders, all of whom are required for operations.