The IPO date for Vishnu Prakash R Punglia has been announced; the IPO will open on August 24 and finish on August 28. Vishnu Prakash R Punglia’s IPO is expected to raise about 309 crores through a fresh issue of 31,200,000 shares worth ₹10 apiece. The retail quota is 35%, the QIB share is 50%, and the HNI share is 15%.
VPRPL has been accredited with various registrations as a contractor with various departments and agencies, including the Jodhpur Development Authority, Jodhpur (Class AA), Rajasthan, Public Health Engineering Department, Rajasthan, (Class AA), Water Resources Department, Rajasthan (Class AA), Roads and Building Department, Gujarat (Class AA), South Western Command, Military Engineering Services (MES), Jaipur (Class ‘S’), Rajasthan, Public Works Department, Chhattisgarh (Class A),
Vishnu Prakash R Punglia Limited is a certified integrated engineering, procurement, and construction (“EPC“) firm with experience in the design and construction of various infrastructure projects for the Central and State Governments, autonomous bodies, and private bodies in India’s nine states and one union territory. The primary business operations of the corporation are broadly classified into four categories:
- Water Supply Projects (“WSP”)
- Railway Projects
- Road Projects
- Irrigation Network Projects
The company’s expansion over the last three fiscal years has considerably contributed to its financial strength. The revenue from operations climbed from 4,857.31 million in FY 2020-21 to 11,684.04 million in FY 2022-23 at a compound annual growth rate (“CAGR“) of 55.10%, while profit increased from 189.82 million in FY 2020-21 to 906.43 million in FY 2022-23 at a CAGR of 118.52%.
Vishnu Prakash R Punglia IPO Date & Price Band Details
| IPO Open: | August 24, 2023 |
| IPO Close: | August 28, 2023 |
| IPO Size: | Approx ₹309 Crores |
| Fresh Issue: | Approx 31,200,000 shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹94 to ₹99 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | ₹9 Per Share |
Objects of the Issue
- Funding capital expenditure requirements for the purchase of equipment/machinery.
- Funding the working capital requirements of the company.
- General corporate purposes.
Vishnu Prakash R Punglia IPO Review (Apply or Not)
- To be updated soon
Vishnu Prakash R Punglia IPO Market Lot
The Vishnu Prakash R Punglia IPO minimum market lot is 150 shares with ₹14,850 application amount. The retail investors can apply up-to 13 lots with 1950 shares or ₹193,050 amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 150 | ₹14,850 |
| Retail Maximum | 13 | 1950 | ₹193,050 |
| S-HNI Minimum | 14 | 2100 | ₹207,900 |
| B-HNI Minimum | 68 | 10200 | ₹1,009,800 |
Brokerage Firm IPO Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
Vishnu Prakash R Punglia IPO Allotment & Listing Dates
The Vishnu Prakash R Punglia IPO date is August 24 and the close date is August 28. The Vishnu Prakash R Punglia IPO allotment will be finalized on August 31 and the IPO listing on September 5.
| Price Band Announcement: | August 19, 2023 |
| Anchor Investors Allotment: | August 23, 2023 |
| IPO Open Date: | August 24, 2023 |
| IPO Close Date: | August 28, 2023 |
| Basis of Allotment: | August 31, 2023 |
| Refunds: | September 1, 2023 |
| Credit to Demat Account: | September 4, 2023 |
| IPO Listing Date: | September 5, 2023 |
Vishnu Prakash R Punglia IPO Form
How to apply for the Vishnu Prakash R Punglia IPO? –> You can apply for Vishnu Prakash R Punglia IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vishnu Prakash R Punglia IPO in the Invest section. The other option is you can apply for Vishnu Prakash R Punglia IPO via IPO forms downloaded via NSE and BSE. Check out the Vishnu Prakash R Punglia forms
Vishnu Prakash R Punglia Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹488 | ₹462 | ₹18.98 |
| 2022 | ₹787 | ₹727 | ₹44.85 |
| 2023 | ₹1171 | ₹1049 | ₹90.64 |
Vishnu Prakash R Punglia IPO Valuation – FY2023
Check Vishnu Prakash R Punglia 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): | ₹10.41 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 38.31% |
| Net Asset Value (NAV): | ₹36.11 per Equity Share |
Peer Group
- PNC Infratech Ltd
- H.G. Infra Engineering Ltd
- NCC Limited
- Rail Vikas Nigam Ltd
- ITD Cementation India Ltd
Vishnu Prakash R Punglia IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: vishnuprakashrpunglia.ipo@linkintime.co.in
Website: https://linkintime.co.in
Company Address
Vishnu Prakash R Punglia Limited
Unit No. 3, 5th Floor, B-wing, Trade Star Premises
Co-operative Society Limited, Mathuradas Vasanji R
oad, Andheri (East), Mumbai – 400059
Phone: +91 8058053700
Email: compliance@vprp.co.in
Website: https://www.vprp.co.in
Company Promoters
- Mr. Vishnu Prakash Punglia
- Mr. Manohar Lal Punglia
- Mr. Sanjay Kumar Punglia
- Mr. Kamal Kishor Pungalia
- Mr. Ajay Pungalia
Vishnu Prakash R Punglia IPO Lead Managers aka Merchant Bankers
- Choice Capital Advisors Pvt Ltd
- Pantomath Capital Advisors Pvt Ltd
Vishnu Prakash R Punglia IPO FAQs :
Q1. What is Vishnu Prakash R Punglia IPO?
Ans. Vishnu Prakash R Punglia IPO is a main-board IPO. They are going to raise ₹309 Crores via IPO. The issue is priced at ₹94 to ₹99 pr equity share. The IPO is to be listed on BSE & NSE.
Q2. When Vishnu Prakash R Punglia IPO will open?
Ans. The IPO is to open on August 24, 2023 for QIB, NII, and Retail Investors.
Q3. What is Vishnu Prakash R Punglia IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Vishnu Prakash R Punglia IPO?
Ans. You can apply for Vishnu Prakash R Punglia IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Vishnu Prakash R Punglia IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Vishnu Prakash R Punglia”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Vishnu Prakash R Punglia IPO through Upstox?
Ans. Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Vishnu Prakash R Punglia”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Vishnu Prakash R Punglia IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Vishnu Prakash R Punglia”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Vishnu Prakash R Punglia IPO Size?
Ans. Vishnu Prakash R Punglia IPO size is ₹309 crores.
Q9. What is Vishnu Prakash R Punglia IPO Price Band?
Ans. Vishnu Prakash R Punglia IPO Price Band is ₹94 to ₹99.
Q10. What is the Vishnu Prakash R Punglia IPO Allotment Date?
Ans. Vishnu Prakash R Punglia IPO allotment date is August 31, 2023.
Q11. What is the Vishnu Prakash R Punglia IPO Listing Date?
Ans. Vishnu Prakash R Punglia IPO listing date is September 5, 2023. The IPO is to list on BSE and NSE.
