VL Infraprojects IPO description – VL Infraprojects specializes in the design, construction, and commissioning of various government projects, particularly in water infrastructure and irrigation.
The company’s core business includes projects related to water supply and sewerage infrastructure covering procurement, installation, and commissioning of pipelines. Furthermore, all civil engineering shall be done, including civil structures: pumping stations, and installation of electro-mechanical equipment, including pumping machinery to facilitate water distribution from the river to households. VL Infraprojects also undertakes operations and maintenance services of water distribution pipelines.
VL Infraprojects operates in several states across India, including Madhya Pradesh, Telangana, Maharashtra, and Gujarat. The company has completed about 30 projects so far amounting to INR 104.86 crores. As of 27 March 2024, the company has 14 ongoing projects totaling around INR 327.55 crores. As of 30 September 2023, the company employed a total of 25 people.
Promoters of VL Infraprojects – Mr. Rajagopal Reddy Annam Reddy, Mrs. Mydhili Rajagopal Reddy, and Mr. Nageswara Rao Repuri
Table of Contents
VL Infraprojects IPO Details
| VL Infraprojects IPO Dates | 23 – 25 July 2024 |
| VL Infraprojects Issue Price | INR 39 – 42 per share |
| Fresh issue | 44,10,000 shares (INR 17.20 – 18.52 crore) |
| Offer For Sale | NIL |
| Total IPO size | 44,10,000 shares (INR 17.20 – 18.52 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 1,26,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
VL Infraprojects Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 30.72 | 35.55 | 45.56 | 113.93 |
| Expenses | 29.59 | 34.06 | 42.56 | 105.48 |
| Net income | 0.83 | 1.11 | 2.23 | 6.14 |
VL Infraprojects Offer News
- VL Infraprojects IPO Allotment Status
- VL Infraprojects RHP
- VL Infraprojects Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
VL Infraprojects Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.04 | 2.10 | 5.43 |
| PE ratio | – | – | 7.18 – 7.92 |
| RONW (%) | 15.13 | 21.79 | 37.53 |
| NAV | 6.88 | 9.04 | 14.47 |
| ROCE (%) | 18.41 | 22.97 | 39.09 |
| EBITDA (%) | 8.83 | 10.36 | 9.57 |
| Debt/Equity | 1.37 | 0.98 | 1.01 |
VL Infraprojects IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 29 July 2024 | 65 | – | 1,33,000 |
| 27 July 2024 | 65 | – | 1,33,000 |
| 26 July 2024 | 63 | – | 1,30,000 |
| 25 July 2024 | 58 | – | 1,15,000 |
| 24 July 2024 | 52 | – | 91,500 |
| 23 July 2024 | 45 | – | 82,500 |
| 22 July 2024 | 37 | – | 68,000 |
| 20 July 2024 | 35 | – | 60,000 |
| 19 July 2024 | 23 | – | 40,000 |
| 18 July 2024 | 25 | – | 42,000 |
VL Infraprojects IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 8,34,000 | 6,27,000 | 14,61,000 | 29,22,000 |
| 25 Jul 2024 | 203.73 | 726.10 | 839.42 | 633.66 |
| 24 Jul 2024 | 9.31 | 139.99 | 287.02 | 176.21 |
| 23 Jul 2024 | 0.88 | 41.09 | 101.86 | 60.00 |
The market maker reservation portion of 2,40,000 shares and anchor allocation of 12,48,000 shares is not included in the above calculations.
VL Infraprojects IPO Dates & Listing Performance
| IPO Opening Date | 23 July 2024 |
| IPO Closing Date | 25 July 2024 |
| Finalization of Basis of Allotment | 26 July 2024 |
| Initiation of refunds | 29 July 2024 |
| Transfer of shares to demat accounts | 29 July 2024 |
| IPO Listing Date | 30 July 2024 |
| Opening Price on NSE SME | INR 79.80 per share (up 90%) |
| Closing Price on NSE SME | INR 83.75 per share (up 99.40%) |
VL Infraprojects 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: 079 4918 5784
Email:Â [email protected]
Website:Â www.beelinemb.com
VL Infraprojects Offer Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone:Â +91- 11-40450193-197
Email:Â [email protected]
Website:Â www.skylinerta.com
VL Infraprojects IPO Contact Details
V.L. INFRAPROJECTS LIMITED
716, Shivalik Satyamev, Near Vakil Saheb
Bridge Bopal, Ahmedabad- 380058, Gujarat
Phone: +91 9998850177
E-mail: [email protected]
Website: www.vlil.in
V.L. Infraprojects IPO FAQs
What is the VL Infraprojects offer size?
VL Infraprojects offer size is INR 17.20 – 18.52 crores.
What is the VL Infraprojects offer price band?
VL Infraprojects public offer price is INR 39 – 42 per share.
What is the lot size of the VL Infraprojects IPO?
VL Infraprojects offer lot size is 3,000 shares.
What is VL Infraprojects IPO GMP today?
VL Infraprojects IPO GMP today is INR 65 per share.
What is the VL Infraprojects kostak rate today?
V.L. Infraprojects kostak rate today is NA per application.
What is VL Infraprojects Subject to Sauda rate today?
VL Infraprojects are Subject to the Sauda rate today is INR 1,33,000 per application.
