Vision Infra Equipment Solutions IPO Details: The Vision Infra Equipment Solutions IPO is set to open on September 6, 2024, and will close on September 10, 2024. This is a Book Built Issue, with the company aiming to raise approximately ₹106.21 crores. This amount includes a fresh issue of ₹106.21 crores and an offer for sale of equity shares, each with a face value of ₹10.
The IPO is priced in the range of ₹155 to ₹163 per share. The allocation is divided as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The shares are expected to be listed on the NSE on September 13, 2024, with allotments being finalized on September 11, 2024.
Financial performance highlights include a revenue of ₹207.18 crores in November 2023, down from ₹368.90 crores in 2023, and a profit of ₹15.45 crores in November 2023, up from ₹9.19 crores in 2023. Given the financials, this IPO could be a solid long-term investment opportunity.
Table of Contents
ToggleVision Infra Equipment Solutions IPO Objectives:
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Funding Capital Expenditure towards the purchase of additional equipment
- Funding to meet working capital requirements
- General Corporate Purpose
Vision Infra Equipment Solutions IPO Review (Apply or Not)
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Vision Infra Equipment Solutions IPO Date & Price Band Details:
IPO Open Date: | September 6, 2024 |
IPO Close Date: | September 10, 2024 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹155 to ₹163 Per Share |
Issue Size: | Approx ₹106.21 Crores |
Fresh Issue: | Approx ₹106.21 Crores |
Offer for Sale: | NA |
Issue Type: | Book Built Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Vision Infra Equipment Solutions IPO Lot Size:
The Vision Infra Equipment Solutions IPO requires a minimum investment of 800 shares, with an application amount of ₹130,400.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 800 | ₹130,400 |
Retail Maximum | 1 | 800 | ₹130,400 |
HNI Minimum | 2 | 1600 | ₹260,800 |
Vision Infra Equipment Solutions IPO Timeline:
The Vision Infra Equipment Solutions IPO will open on September 6 and close on September 10. Allotments will be finalized on September 11, and the shares are set to list on September 13.
IPO Open Date: | September 6, 2024 |
IPO Close Date: | September 10, 2024 |
Basis of Allotment: | September 11, 2024 |
Refunds: | September 12, 2024 |
Credit to Demat Account: | September 12, 2024 |
IPO Listing Date: | September 13, 2024 |
Vision Infra Equipment Solutions IPO GMP Today:
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Promoters of Vision Infra Equipment Solutions
The company is led by Sachin Vinod Gandhi, Chetan Vinod Gandhi, and Sameer Sanjay Gandhi.
About Vision Infra Equipment Solutions
Vision Infra Equipment Solutions Limited specializes in providing equipment solutions across various sectors, including smart cities, airports, irrigation, mining, construction, and railways. Their services encompass the rental of road construction machinery, as well as the trading and refurbishment of equipment.
The company acquires used equipment from NBFCs, contractors, banks, infrastructure firms, and retail markets. These items are refurbished to meet stringent safety and quality standards before being resold. Vision Infra Equipment Solutions has successfully undertaken numerous projects, including those in road construction, smart cities, airports, railways, defense, industrial buildings, irrigation, and municipal solid waste management. The company currently employs approximately 227 permanent staff and 763 contractual workers.
Vision Infra Equipment Solutions Company Financial Report
The company reported revenue of ₹207.18 crores in Nov 2023 against ₹368.90 crores in 2023. The company reported a profit of ₹15.45 crores in Nov 2023 against a profit of ₹9.19 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2021 | ₹162.54 | ₹155.25 | ₹5.14 | ₹148.87 |
2022 | ₹305.10 | ₹292.97 | ₹9.28 | ₹208.49 |
2023 | ₹368.90 | ₹352.52 | ₹9.19 | ₹247.44 |
Nov 2023 | ₹207.18 | ₹183.55 | ₹15.45 | ₹267.96 |
Vision Infra Equipment Solutions IPO Valuation – FY2023
Check Vision Infra Equipment Solutions IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 33.32% |
ROCE: | 30.63% |
EBITDA Margin: | 15.47% |
PAT Margin: | 2.55% |
Debt to equity ratio: | 5.05 |
Earning Per Share (EPS): | ₹5.31 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 30.62% |
Net Asset Value (NAV): | ₹17.34 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
NA | NA | NA | NA | 14.63 | – Cr. |
NA | NA | NA | NA | NA | – Cr. |
Vision Infra Equipment Solutions IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: visioninfra.smeipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
Vision Infra Equipment Solutions Limited
Shop No 401-405, Bhawani,
International BusinessBay, Bhavani Peth, Pune,
Pune City – 411042
Phone: +91 (020) – 26440999
Email: info@visioninfraindia.com
Website: http://www.visioninfraindia.com/
Vision Infra Equipment Solutions IPO FAQs
1. What are the key dates for the Vision Infra Equipment Solutions IPO?
- IPO Opening Date: September 6, 2024
- IPO Closing Date: September 10, 2024
- Allotment Date: September 11, 2024
- Listing Date: September 13, 2024
2. What is the price band for the Vision Infra Equipment Solutions IPO?
The IPO is priced between ₹155 and ₹163 per share.
3. What is the minimum market lot for the IPO?
The minimum market lot for the Vision Infra Equipment Solutions IPO is 800 shares, with an application amount of ₹130,400.
4. How is the share allocation divided?
The share allocation is as follows:
- Retail Investors: 35%
- Qualified Institutional Buyers (QIBs): 50%
- High Net-Worth Individuals (HNIs): 15%
5. How will the shares be listed?
The shares will be listed on the NSE (National Stock Exchange) on September 13, 2024.
6. Who are the promoters of Vision Infra Equipment Solutions?
The company is promoted by Sachin Vinod Gandhi, Chetan Vinod Gandhi, and Sameer Sanjay Gandhi.
7. What does Vision Infra Equipment Solutions do?
Vision Infra Equipment Solutions Limited provides equipment solutions for various sectors, including smart cities, airports, irrigation, mining, construction, and railways. They offer rental services for road construction equipment and specialize in the trading and refurbishment of used equipment. They refurbish used equipment to meet safety and quality standards before resale.
8. What is the company’s workforce like?
The company employs approximately 227 permanent staff and 763 contractual workers.
9. What have been the recent financial highlights of the company?
As of November 2023, the company reported revenue of ₹207.18 crores, down from ₹368.90 crores in 2023, and a profit of ₹15.45 crores, up from ₹9.19 crores in 2023.
10. Is this IPO a good investment opportunity?
Based on the financial performance and the company’s successful track record in various projects, this IPO may be considered a solid long-term investment opportunity. However, potential investors should evaluate their individual financial goals and consult with a financial advisor before investing.