V R Infraspace IPO description – V R Infraspace is a construction and real estate development company, primarily focused on building residential and commercial projects in and around Vadodara, Gujarat. The company provides a variety of luxurious and affordable residential buildings offering various types of accommodations. Each building is equipped with security systems, sports and recreational facilities, play areas, and electricity backups. These residential and commercial projects are offered under the brand name ‘VR’.
V R Infraspace has completed residential projects named VR Celebrity Luxuria and VR Imperia, as well as a commercial project named VR One Commercial Business Center. As of 31 August 2023, the company has a total of 9 employees at both the construction site and the registered office, which includes key management personnel.
Promoters of V R Infraspace – Mr. Vipul Devchand Rupareliya, and Mrs. Sumitaben Vipulbhai Rupareliya
Table of Contents
V R Infraspace IPO Details
| V R Infraspace IPO Dates | 4 – 6 March 2024 |
| V R Infraspace Issue Price | INR 85 per share |
| Fresh issue | 2,400,000 shares (INR 20.40 crore) |
| Offer For Sale | NIL |
| Total IPO size | 2,400,000 shares (INR 20.40 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 136,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
V R Infraspace Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 13.42 | 13.74 | 17.90 | 7.27 |
| Expenses | 12.69 | 13.10 | 15.75 | 6.27 |
| Net income | 0.71 | 0.75 | 2.62 | 0.86 |
V R Infraspace Offer News
- V R Infraspace RHP
- V R Infraspace Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
V R Infraspace Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 1.11 | 1.23 | 4.05 |
| PE ratio | – | – | 20.99 |
| RONW (%) | 8.28 | 8.40 | 21.66 |
| NAV | 13.42 | 14.65 | 18.70 |
| ROCE (%) | 16.53 | 18.49 | 15.65 |
| EBITDA (%) | 23.07 | 15.33 | 16.19 |
| Debt/Equity | 1.93 | 1.09 | 0.80 |
V R Infraspace IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 11 March 2024 | 10 | – | 15,000 |
| 9 March 2024 | 10 | – | 15,000 |
| 8 March 2024 | 10 | – | 15,000 |
| 7 March 2024 | 20 | – | 21,500 |
| 6 March 2024 | 25 | – | 25,000 |
| 5 March 2024 | 25 | – | 24,500 |
| 4 March 2024 | 15 | – | 18,500 |
| 2 March 2024 | 15 | – | 18,500 |
| 1 March 2024 | 10 | – | 9,000 |
V R Infraspace IPO Subscription – Live Updates
| Category | NII | Retail | Total |
|---|---|---|---|
| Shares Offered | 1,139,200 | 1,139,200 | 2,278,400 |
| 6 Mar 2024 | 85.31 | 90.55 | 87.93 |
| 5 Mar 2024 | 4.56 | 24.74 | 14.65 |
| 4 Mar 2024 | 1.09 | 7.65 | 4.37 |
The market maker reservation portion of 121,600 shares is not included in the above calculations.
V R Infraspace IPO Allotment Status
V R Infraspace IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
V R Infraspace IPO Dates & Listing Performance
| IPO Opening Date | 4 March 2024 |
| IPO Closing Date | 6 March 2024 |
| Finalization of Basis of Allotment | 7 March 2024 |
| Initiation of refunds | 11 March 2024 |
| Transfer of shares to demat accounts | 11 March 2024 |
| IPO Listing Date | 12 March 2024 |
| Opening Price on NSE SME | INR 90 per share (up 5.88%) |
| Closing Price on NSE SME | INR 87.40 per share (up 2.82%) |
V R Infraspace Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Shilp Corporate Park, B Block, 13th Floor,
B-1311-1314, Near Rajpath Club, RajpathRangoli Road,
S.G. Highway, Ahmedabad, Gujarat- 380054
Phone: +91-79-48407357
Email:Â [email protected]
Website:Â www.beelinemb.com
V R Infraspace Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
V R Infraspace IPO Contact Details
V R INFRASPACE LIMITED
National Trade Center N. H. 8, Opp. L & T,
Bapod Na Vadodara-390019, Gujarat
Phone: +91- 9737118885
E-mail: [email protected]
Website: www.vrinfraspace.com
IPO FAQs
What is the V R Infraspace offer size?
V R Infraspace’s offer size is INR 20.40 crores.
What is the V R Infraspace offer price band?
V R Infraspace’s public offer price is INR 85 per share.
What is the lot size of the V R Infraspace IPO?
V R Infraspace’s offer lot size is 1,600 shares.
What is V R Infraspace IPO GMP today?
V R Infraspace IPO GMP today is INR 10 per share.
What is the V R Infraspace kostak rate today?
V R Infraspace’s kostak rate today is INR NA per application.
What is V R Infraspace Subject to the Sauda rate today?
V R Infraspace is Subject to the Sauda rate today is INR 15,000 per application.
