Vishnu Prakash R Punglia Limited IPO Detail
Incorporated in 1986, Vishnu Prakash R Punglia Limited is engaged in the business of designing and constructing infrastructure projects for the Central and State Governments, autonomous bodies, and private bodies across 9 States and 1 Union territory in India.
The company's principal business operations are broadly divided into four categories:
(i) Water Supply Projects ("WSP"); (ii) Railway Projects; (iii) Road Projects and (iv) Irrigation Network Projects.
VPRP has been accredited with various registrations as a contractor with various departments and agencies viz. 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), Public Works Department, Rajasthan (Class AA), Public Works Department, Madhya Pradesh, Bhopal (Civil works).
In 2021 VPRP was awarded a WSP by the Public Health Engineering Department ("PHED"), Manipur worth ₹4332.90 million as against a WSP awarded to it (as a partnership firm) by PHED, Rajasthan in 2002 of ₹19.80 million.
Company PromotersMr. Vishnu Prakash Punglia, Mr. Manohar Lal Punglia, Mr. Sanjay Kumar Punglia, Mr. Kamal Kishor Pungalia, and Mr. Ajay Pungalia are the promoters of the company.
|IPO Opening Date||Aug 24, 2023|
|IPO Closing Date||Aug 28, 2023|
|Issue Type||Book Built Issue IPO|
|Face Value||₹10 per equity share|
|IPO Price||₹94 - 99 per equity share|
|Market Lot||150 Shares|
|Min Order Quantity||150 Shares|
|Listing At||BSE, NSE|
|Issue Size||₹308.88 Cr|
|Fresh Issue||31,200,000 shares (aggregating up to ₹[.] Cr)|
|Offer for Sale||-|
|Employee Discount||₹Rs 9 per share|
IPO Subscription (Bidding Detail)
IPO Tentative Timetable
The Vishnu Prakash R Punglia Limited IPO open date is Aug 24, 2023, and the close date is Aug 28, 2023. The issue may list on Sep 05, 2023.
|IPO Open Date||Aug 24, 2023|
|IPO Close Date||Aug 28, 2023|
|Basis of Allotment Date||Aug 31, 2023|
|Initiation of Refunds||Sep 01, 2023|
|Credit of Shares to Demat Account||Sep 04, 2023|
|IPO Listing Date||Sep 05, 2023|
IPO Lot Size
The Vishnu Prakash R Punglia Limited IPO market lot size is 150 shares. A retail-individual investor can apply for up to 13 lots (1950 shares or ₹193050).
IPO Promoter Holding
|Pre Issue Share Holding||90.45%|
|Post Issue Share Holding||67.81%|
For the year/period ended (₹ in Crore)
|Financial Year||Total Assets||Total Revenue||Profit After Tax|
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 Limited IPO Registrar:
Link Intime India Private Ltd
Vishnu Prakash R Punglia Limited IPO Lead Manager(s):
Choice Capital Advisors Pvt Ltd Pantomath Capital Advisors Pvt Ltd
Company Contact Information:
Vishnu Prakash R Punglia Limited
Unit No. 3, 5th Floor, B-wing, Trade Star Premises Co-operative Society Limited, Mathuradas Vasanji R oad