Vishnusurya Projects IPO GMP, Review, Price, Allotment

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Last updated on October 10, 2023

Vishnusurya Projects IPO GMP

Vishnusurya Projects IPO description – Vishnusurya Projects and Infra was incorporated in the year 1996 with a small and dedicated team of construction experts, service providers, contractors, suppliers, and consultants to accomplish one shared goal, building a responsible future. It has an interest in a diverse set of businesses spread across Engineering Procurement and Construction (EPC), mining, education, technology, risk mitigation, media, consultancy, drones, etc.

The company has executed 17 projects in recent years, out of which 10 are civil construction projects, 1 is road construction and 6 are infrastructure-related projects with an aggregate value of INR 136.19 crore.

Some of the major projects carried on by the company were as follows:

  • Construction of Compound Wall between Thiruvallikeni and Thirumailai Railway Stations
  • Construction of Staff Quarters / T-Type Quarters at Egmore, Chennai for Southern Railways
  • Construction of Office Building of Institute of Dairy Research Centre, Almatti, at Koduvalli, Tiruvallur District for the Public Works Department (PWD)
  • Construction of Retaining Wall for Bridge at Perambur for Corporation of Chennai
Vishnusurya Projects and Infra IPO

Promoters of Vishnusurya Projects – Bhavani Jayaprakash


Vishnusurya Projects IPO Details

Vishnusurya Projects IPO Dates29 Sep – 5 Oct 2023
Vishnusurya Projects IPO PriceINR 68 per share
Fresh issue73,50,000 shares (INR 49.98 crore)
Offer For SaleNIL
Total IPO size73,50,000 shares (INR 49.98 crore)
Minimum bid (lot size)2,000 shares (INR 136,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE SME

Vishnusurya Projects Financial Performance

 FY 2021FY 2022FY 2023
Revenue63.2276.46132.37
Expenses60.1866.45110.95
Net income4.037.8516.58
Figures in INR Crores unless specified otherwise

Vishnusurya Projects Offer News


Vishnusurya Projects Valuations & Margins

FY 2021FY 2022FY 2023
EPS12.6224.9525.30
PE ratio2.69
RONW (%)11.2018.9827.86
NAV99.4165.53
ROCE (%)11.2018.9831.22
EBITDA (%)15.9422.7024.32
Debt/Equity 1.271.511.10
*Compiled by IPO Central from Prospectus

Vishnusurya Projects IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
9 October 20231015,000
7 October 20231216,500
6 October 20231518,000
5 October 20232434,000
4 October 20233045,000
3 October 20233048,000
2 October 20233048,000
30 September 20233048,000
29 September 20233550,000
28 September 20233550,000
27 September 20233045,000
26 September 20233045,000
25 September 20232845,000

Vishnusurya Projects IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered3,860,0003,490,0007,350,000
5 Oct 202332.9443.6338.01
4 Oct 20232.4119.2010.39
3 Oct 20231.238.924.88
29 Sep 20230.261.360.78

Vishnusurya Projects IPO Allotment Status

Vishnusurya Projects IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.


Vishnusurya Projects IPO Dates & Listing Performance

IPO Opening Date29 September 2023
IPO Closing Date5 October 2023
Finalization of Basis of Allotment6 October 2023
Initiation of refunds9 October 2023
Transfer of shares to demat accounts9 October 2023
IPO Listing Date10 October 2023
Opening Price on NSE SMEINR 73 per share (up 7.35%)
Closing Price on NSE SMEINR 76.65 per share (up 12.72%)

Vishnusurya Projects Offer Lead Manager

KHANDWALA SECURITIES LIMITED
Vikas Building, Ground Floor, Green Street,
Fort, Mumbai – 400023, Maharashtra, India
Phone: +91 22 40767373
Email[email protected]/[email protected]
Website: www.kslindia.com


Vishnusurya Projects Offer Registrar

CAMEO CORPORATE SERVICES LIMITED
No. 01, Club House Road, Mount Road,
Chennai – 600 002, Tamil Nadu
Phone: 044 4002 0700
Email: [email protected]
Website: www.cameoindia.com


Vishnusurya Projects Contact Details

VISHNUSURYA PROJECTS AND INFRA LIMITED
2nd Floor, Qbas Temple Tower, No. 76/25,
North Mada Street, Mylapore, Chennai-600 004, Tamil Nadu
Phone: +91 44 24950019
E-mail: [email protected]
Website: www.vishnusurya.com


IPO FAQs

What is Vishnusurya Projects offer size?

Vishnusurya Projects offer size is INR 49.98 crores.

What is the Vishnusurya Projects offer price band?

Vishnusurya Projects public offer price is INR 68 per share.

What is the lot size of Vishnusurya Projects public offer?

Vishnusurya Projects offer lot size is 2,000 shares.

What is Vishnusurya Projects IPO GMP today?

Vishnusurya Projects IPO GMP today is INR 10 per share.

What is the Vishnusurya Projects kostak rate today?

Vishnusurya Projects kostak rate today is INR NA per application.

What is Vishnusurya Projects Subject to Sauda rate today?

Vishnusurya Projects Subject to Sauda rate today is INR 15,000 per application.

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