Vishnusurya Projects and Infra IPO

Vishnusurya Projects and Infra IPO will open for subscription from 29 September 2023. The company aims for an issue size of ₹50 Cr through this IPO.

Company Overview

Full nameVishnusurya Projects and Infra Limited
Company Website

About Company

Incorporated in 1996, Vishnusurya Projects and Infra Limited is engaged in the mining of rough stones and manufacturing of aggregates and manufacture-sand by using Crushing Plants and Sand washing plants. Vishnusurya was started 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.

The Company has a strong regional footprint, a track record of sustainable growth, a strong balance sheet, a sound liquidity profile, the breadth and depth of resources and a track record of repeat clients to deliver challenging infrastructure and large EPC projects. Vishnusurya collaborates extensively with clients and partners to execute projects that foster community connectivity, and contribute significantly to urban and rural development, stimulate economic growth, and build sustainable infrastructure.

A responsive and client-focused partner in the industry with large corporation experience, Vishnusurya is well-positioned with a roster of ongoing major projects, and a robust pipeline of future project pursuits. , even as it continues to make a difference to the clients, stakeholders, employees, and the community.

The Objectives of the Issue

IPO Timetable

IPO Opening date29 September 2023
IPO Closing04 October 2023
Basis of Allotment09 October 2023
Initiation Refund10 October 2023
Credit to Demat Account11 October 2023
Listing Date12 October 2023
(Cut-off time for UPI mandate confirmation – 5 PM on October 4, 2023)

IPO details

Issue typeFixed Price Issue IPO
IPO issue size₹50 Cr – 7,352,942 shares
Fresh Issue₹50 Cr – 7,352,942 shares
Offer for saleNil
Face value₹10 per share
Offer Price₹68 per share
Lot size2000 Shares
Shareholding pre-issue17,259,671
Shareholding post-issue24,612,613
Listing ExchangeBSE & NSE SME

IPO Lot Size

Retail (Min)12000₹136,000
Retail (Max)12000₹136,000
HNI (Min)24,000₹272,000

Reservation Details

Other Shares Offered50%
Retail Shares Offered50%

Financial Performance

Period Ended31 Mar 202131 Mar 202231 Mar 2023
Profit After Tax229.182,158.971,736.64
Net Worth3,573.724,155.885,952.39
Reserves and Surplus3,078.323,660.485,043.99
Total Borrowing1,472.323,489.493,625.24
(Amount in ₹ Lakhs)

Valuations & Margins

Coming soon

Company Promoters

  • Bhavani Jayaprakash

Promoter Holding

Pre Issue Share Holding88.74%
Post Issue Share Holding

Lead Manager(s)

  • Khandwala Securities Limited

IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

Contact Details

Vishnusurya Projects and Infra Limited
2 nd Floor, Qbas Temple Tower,
No. 76/25, North Mada Street, Mylapore,
Chennai – 600 004
Phone: +91 44 2495 0019

Allotment Status

Coming soon

Final thoughts

Vishnusurya Projects and Infra IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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