Vishnu Prakash R Punglia IPO Date, Price, Review
Vishnu Prakash Punglia IPO: Know everything about Vishnu Prakash Punglia IPO(VPRP IPO). Vishnu Prakash Punglia Limited IPO Date, Vishnu Prakash Punglia IPO Review and analysis. We will discus about Vishnu Prakash Punglia IPO Benefits & Risks. Also, all information related to Vishnu Prakash Punglia IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
Vishnu Prakash Punglia IPO
Vishnu Prakash R Punglia Limited is engaged in the business of constructing infrastructure projects for the Governments, autonomous bodies, and private bodies in India. Vishnu Prakash Punglia Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 308 crore through IPO (Initial public offering).
Vishnu Prakash Punglia IPO will open on 24 August 2023 and close on 28 August 2023. The price band of the Vishnu Prakash Punglia IPO is ₹94 to ₹99. Vishnu Prakash Punglia IPO size is 308 Crores. The offer includes 308 Crores under fresh issue and [0] Crores under offer for sale. Vishnu Prakash Punglia IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. Vishnu Prakash Punglia IPO listing date is 05 September 2023. You can know about Vishnu Prakash Punglia IPO GMP (Grey Market Premium) below.
The Vishnu Prakash Punglia has given good financial performance. The company made a profit of ₹90.64 crores in the financial year 2023 (March 2023). The IPO of Vishnu Prakash Punglia will be listed on NSE and BSE. Vishnu Prakash Punglia IPO face value is ₹10 per equity share.
We will talk about Vishnu Prakash Punglia' financials, benefits, and risks of investing in the company.
About Vishnu Prakash Punglia Limited
Vishnu Prakash R Punglia Limited was established in the year 1986. Vishnu Prakash R Punglia Limited is one of India's fastest-growing Infrastructure Development Companies. The Company achieved exponential growth with a dedication to customer satisfaction and trustworthiness.
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 Limited has a vast experience in the Infrastructure Development Industry. The Company has executed more than 75 Infrastructure Projects to the client's satisfaction (including experience gained and projects executed prior to the conversion of our partnership firm into a company). As on December 31, 2022, Company has 51 ongoing projects with total work awarded amounting to Rs.6183.58 Cr. out of which work for Rs.2384.05 Cr. has been executed and the remaining work INR 3799.53 Cr. constitutes our Order Book.
Vishnu Prakash R Punglia Limited's technical expertise and execution capabilities in Infrastructure Development Sector have been well-recognized by several States and the Central Government and Public Sector Companies of India. Every aspect of our business is characterized by professionalism and the highest standards of Corporate Governance.
Purpose of the offer
- To prepay/repay all or a part of the dues raised by the company.
- To finance capital expenditure requirements.
- To meet general corporate objectives.
Vishnu Prakash Punglia IPO Date and Price Band Details
| IPO Open: | 24 August 2023 |
| IPO Close: | 28 August 2023 |
| Listing Date: | 05 September 2023 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹308 crores |
| Fresh Issue: | Approx ₹308 crores |
| Offer For Sale: | Approx ₹- crores |
| Price Band: | ₹94 to ₹99 per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
Vishnu Prakash Punglia IPO Lot Size Details
| Application | Lot | Share | Amount |
| Retail (Min) | 01 | 150 | 14,850 |
| Retail (Max) | 13 | 1950 | 193,050 |
| S-HNI (Min) | 14 | 2100 | 207,900 |
| S-HNI (Max) | 67 | 10,050 | 994,950 |
| B-HNI (Min) | 68 | 10,200 | 1009,800 |
Vishnu Prakash Punglia IPO Open, Close, Allotment, and Listing Date
| Ipo Opening Date: | 24 August 2023 |
| IPO Closing Date: | 28 August 2023 |
| Basis of Allotment: | 31 August 2023 |
| Refund Date: | 01 September 2023 |
| Credit to Demat Account: | 04 September 2023 |
| Listing Date: | 05 September 2023 |
Vishnu Prakash Punglia Ltd Financials
Vishnu Prakash Punglia Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2019 | ₹ | ₹ | ₹ |
| 2020 | ₹331.05 | ₹487.67 | ₹18.98 |
| 2021 | ₹497.81 | ₹787.39 | ₹44.85 |
| 2022 | ₹825.48 | ₹1171.46 | ₹90.64 |
Vishnu Prakash Punglia IPO Review
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Vishnu Prakash Punglia IPO Allotment Status
Vishnu Prakash Punglia IPO allotment status will be available from 31 August 2023. You can check Vishnu Prakash Punglia IPO allotment status on our website.
Vishnu Prakash Punglia Ipo Rating
Review For Listing Gain
Review For Short term
Review For Long term
Promoters
- Mr. Vishnu Prakash Punglia
- Mr. Manohar Lal Punglia
- Mr. Sanjay Kumar Punglia
- Mr. Kamal Kishor Pungalia
- Mr. Ajay Pungalia
Contact Details of Vishnu Prakash Punglia
B-31/32, Second Floor, Industrial Estate,
New Power House Road,
Jodhpur- 342003, Rajasthan
Telephone: +91 291 243 4396
E-mail: compliance@vprp.co.in
Website:www.vprp.co.in
Vishnu Prakash Punglia Lead Managers
- Choice Capital Advisors Pvt Ltd
- Pantomath Capital Advisors Pvt Ltd
Vishnu Prakash Punglia IPO Registrars
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli (West)
Mumbai 400 083, Maharashtra
Telephone: +91 22 4918 6200
Email: vishnuprakashrpunglia.ipo@linkintime.co.in
Website:www.linkintime.co.in
Conclusion
There are some good and some bad things in the company. Looking at the company's financial position, the track record has been good. In 2023, the company had a profit of Rs 90.64 crore. The company operates in many different sectors. Our suggestion will be updated when the Vishnu Prakash Punglia Limited IPO starts. Vishnu Prakash Punglia Limited IPO financial details and other information are given above.
Vishnu Prakash Punglia IPO FAQs
Also Read
How to Apply the Aeroflex Industries Ltd IPO with Zerodha?
- Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
- If you are a Desktop user then Log in to the Console on Zerodha Website. Go to Portfolio and Click on IPO.
- You will see the IPO name "Aeroflex Industries Ltd".
- Then, Click on Bid Button.
- Then, Enter your UPI ID.
- Then, Fill in the Quantity and Price. (we recommend, that you should choose the cutoff price.)
- Then Submit the IPO Application Form.
- Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
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