VVIP Infratech IPO Details: VVIP Infratech has announced the dates for its upcoming IPO, scheduled to open on July 23 and close on July 25. This BSE SME IPO aims to raise ₹61.21 crores. The IPO price band is set at ₹91 to ₹93 per share, with a market lot of 1200 shares.
Established as a prominent infrastructure firm in India, VVIP Infratech specializes in Class “A” Civil and Electrical contracting, boasting more than two decades of expertise in executing various infrastructure projects. Their portfolio includes Sewer and Sewer Treatment Plants, Water Tanks, Water Treatment Plants, Sector Development, Electrical Distribution, and Substations up to 33 kVA, among others.
Known for their commitment to quality, timely delivery, and competitive pricing, VVIP Infratech is distinguished by its team of seasoned engineers and technicians. Notably, the company has constructed two 56 MLD Sewage Treatment Plants using Sequential Batch Reactor (SBR) technology in 2013, underscoring their leadership in STP projects. Their operations are primarily concentrated in Uttar Pradesh, Uttarakhand, NCR Delhi, and other northern regions of India.
With a strong emphasis on innovation and quality, VVIP Infratech is poised to play a pivotal role in advancing India’s infrastructure sector, particularly in the realm of Sewage Treatment Plants (STPs).
VVIP Infratech IPO Objectives:
The company intends to utilize the proceeds of the Issue to meet the following objectives:
- Capital Expenditure
- Working Capital Requirement
- General Corporate Purpose
- Issue Expense
VVIP Infratech IPO Review (Apply or Not)
- Update Soon
VVIP Infratech IPO Date & Price Band Details:
| IPO Open: | July 23, 2024 |
| IPO Close: | July 25, 2024 |
| IPO Size: | Approx ₹61.21 Crores, 6,582,000 Equity Shares |
| Fresh Issue: | Approx ₹61.21 Crores, 6,582,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹91 to ₹93 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
VVIP Infratech IPO Lot Size:
The VVIP Infratech IPO requires a minimum market lot of 1200 shares, translating to an application amount of ₹111,600 at the IPO price band of ₹91 to ₹93 per share.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹111,600 |
| Retail Maximum | 1 | 1200 | ₹111,600 |
| S-HNI Minimum | 2 | 2400 | ₹223,200 |
VVIP Infratech IPO Timeline:
The VVIP Infratech IPO is scheduled to open on July 23 and close on July 25. The allotment date for the IPO is set for July 26, with the anticipated listing date on July 30.
| IPO Open Date: | July 23, 2024 |
| IPO Close Date: | July 25, 2024 |
| Basis of Allotment: | July 26, 2024 |
| Refunds: | July 29, 2024 |
| Credit to Demat Account: | July 29, 2024 |
| IPO Listing Date: | July 30, 2024 |
VVIP Infratech IPO GMP Today:
The VVIP Infratech SME IPO’s last Grey Market Premium (GMP) is ₹35. With the IPO price band set at ₹91 to ₹93, the estimated listing price for VVIP Infratech SME IPO is ₹128 (upper price band ₹93 + GMP ₹35). This implies an expected percentage gain of approximately 37.63% per share upon listing.
VVIP Infratech Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹127.61 | ₹127.65 | ₹0.19 |
| 2022 | ₹185.26 | ₹179.37 | ₹4.53 |
| 2023 | ₹210.56 | ₹192.78 | ₹13.58 |
| Sept 2023 | ₹121.97 | ₹105.16 | ₹12.27 |
VVIP Infratech IPO Valuation – FY2023
Check VVIP Infratech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹224.29 per Equity Share |
| Price/Earning P/E Ratio: | 0.41 |
| Return on Net Worth (RoNW): | 15.71% |
| Net Asset Value (NAV): | ₹1427.33 per Equity Share |
Peer Group
- EMS Limited
- Vishnusurya Projects and Infra Limited
Company Promoters
- Mr. Praveen Tyagi
- Mr. Vaibhav Tyagi
- Mr. Vibhor Tyagi
VVIP Infratech IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: Investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
VVIP Infratech IPO Allotment Status
Check VVIP Infratech IPO allotment status on Maashitla Securities website URL. Click Here
VVIP Infratech IPO Lead Managers aka Merchant Bankers
- Share India Capital Services Private Limited
Company Address
VVIP Infratech Limited
Fifth Floor, VVIP Style,
Nh-58 Raj Nagar Extension,
Ghaziabad – 201017
Phone: +91 9990060123
Email: cs@vvipinfra.com
Website: http://www.vvipinfra.com/
VVIP Infratech IPO FAQs
1. What is the IPO date for VVIP Infratech?
- The IPO of VVIP Infratech is scheduled to open on July 23 and close on July 25, 2024.
2. What is the price band for VVIP Infratech IPO?
- The price band for VVIP Infratech IPO is set at ₹91 to ₹93 per share.
3. What is the minimum market lot for VVIP Infratech IPO?
- The minimum market lot for VVIP Infratech IPO is 1200 shares, requiring an application amount of ₹111,600 (assuming IPO price of ₹93 per share).
4. How can I apply for VVIP Infratech IPO?
- Investors can apply for the VVIP Infratech IPO through their respective brokers using ASBA (Applications Supported by Blocked Amount) process.
5. What is the expected listing date of VVIP Infratech IPO?
- The allotment date for VVIP Infratech IPO is July 26, and the expected listing date is July 30, 2024.
6. What is the Grey Market Premium (GMP) for VVIP Infratech IPO?
- As of the latest update on July 17, 2024, the Grey Market Premium (GMP) for VVIP Infratech IPO is ₹35.
7. What are the objectives of VVIP Infratech IPO?
- The primary objective of the IPO is to raise funds for expansion, working capital requirements, and general corporate purposes.
8. Where will VVIP Infratech IPO proceeds be utilized?
- The proceeds from the IPO will be used for business expansion, repayment of certain borrowings, and general corporate purposes.
9. Who are the lead managers for VVIP Infratech IPO?
- The lead managers for the VVIP Infratech IPO are [mention lead managers].
10. How can I check the status of my VVIP Infratech IPO application? – Investors can check the status of their IPO application online on the website of the registrar to the IPO.
