VKJ Infradevelopers Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,418,000 (47%) | — | ₹605 Cr |
| Retail | — | 2,418,000 (47%) | — | ₹605 Cr |
| Market Maker | — | 264,000 (5%) | — | ₹7 Cr |
| Σ Total | — | 5,100,000 (100%) | — | ₹12,750 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 | 6,000 | ₹150,000 |
| Retail (Max) | 13 | 78,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 84,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 402,000 | ₹10,050,000 |
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 To meet the fund requirements for execution of the Ongoing and Forthcoming Projects and other working capital requirements – 10.65
- 2 General Corporate Purposes – 1.50
- 3 Public Issue Expenses – 0.60
Company Overview
Incorporated in 2010, VKJ Infradevelopers Ltd(VIL) is engaged in the business of Land Development, Civil Construction and trading in construction materials, primarily soils and sands.
Company mainly provides civil construction, land & site development services and trading of construction materials. At present they are looking for some land for future projects in Delhi, Noida, and NCR region. They are also negotiating with other Construction Companies/ Developers to finalise joint venture projects with them. Also they are doing re doing land leveling works from the last few years with ISP Construction Private Limited.
Services provided by VKJ Infradevelopers are:
1. Civil Construction and trading in construction materials
2. Primarily soils and sands
3. Land and site development
4. Land filling, fencing walls etc.
5. Land Development