V.l.infraprojects Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
Back arrow

V.L.Infraproject

CMP

63.00

+3.00 (5.00%)

  • DRHP
₹42

Offer Price

₹ 18.52 Cr

Issue Size

₹ 1,26,000

Min Investment

3,000

Lot size

Time Line

  • 23
    Jul 2024
    Open
  • 25
    Jul 2024
    Close
  • 26
    Jul 2024
    Finalisation of Basis of Allotment
  • 29
    Jul 2024
    Initiation of Refunds
  • 29
    Jul 2024
    Transfer of Shares to Demat Account
  • 30
    Jul 2024
    Listing Date

Objects of the Offer

  • Continue to enhance our project execution capabilities.

  • Leveraging its market skills and relationship.

  • Maintaining edge over competitors.

  • Expand its geographical footprint.

Products & Services

  • The Company is engaged in executing water supply and sewerage infrastructure projects

Strengths

  • Experienced Promoters and Management Team.

  • Focused player in Water Supply Projects (WSPs).

  • End-to-end execution capabilities.

  • Optimal Utilization of Resources.

  • Long-standing relationships with its customers.

Risks

  • Majority of its revenues are generated from state of Gujarat. Any adverse development affecting its operations in this region could have an adverse impact on its business, financial condition and results of operations.

  • Significant portion of its revenues is concentrated from a limited number of clients. The loss of any of its significant clients may have an adverse effect on the company`s business, financial condition, results of operations, and prospect.

  • Its business is working capital intensive involving relatively long implementation periods. The company requires substantial financing for its business operations. Its indebtedness and the conditions and restrictions imposed on by its financing arrangements could adversely affect the company`s ability to conduct its business.

  • Its failures to perform in accordance with the standards prescribed in work order of its client could result in loss of business or compensation payment.

  • The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.

Company Promoters

Promoters Holding

Issue For IPO
24.24%
Pre Holding

86.36%

Post Holding

62.12%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2024 3-Yr trend
Revenue 35.55 (15.70%) 45.56 (28.20%) 113.93 (150.10%)
Gross Profit 1.89 (45.40%) 3.47 (83.60%) 9.01 (159.70%)
Net Income 1.11 (33.70%) 2.23 (100.90%) 6.14 (175.30%)
Assets 18.01 (40.30%) 21.12 (17.30%) 34.22 (62.00%)
Liabilities 10.70 (61.10%) 10.89 (1.80%) 17.86 (64.00%)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
V.L.Infraprojects Ltd 45.56 2.23 21.12 10.89 37.53 0.00 13.56 3.55 0.47
EMS Ltd 538.16 107.69 641.41 641.41 21.94 23.16 104.86 16.78 0.09

Book Running Managers

  • Beeline Capital Advisors Pvt Ltd

Registrar & Transfer Agent

Skyline Financial Services Pvt

D-153/A 1st Flr,
Okhla Industrial Are,
Phase-I - New Delhi-110020
Phone : 91-11-26812682 Fax: 91-11-30857562

Company Contact Information

# 716 Shivalik Satyamev,
Near Vakil Saheb Bridge Bopal,
Ahmedabad - 380058
Phone : +91 99988 50177 Email : cs@vlil.in www.vlil.in

Offer Related Information

Initial public issue of 4410000 equity shares of face value of Rs. 10/- each of V.L.Infraprojects Limited ("VLIL" or the "Company" or the "Issuer") for cash at a price of Rs. 42/- per equity share including a share premium of Rs. 32/- per equity share (the "Issue Price") aggregating to Rs. 18.52 crores ("The Issue"), of which 240000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 42/- per equity share including a share premium of Rs. 32/- per equity share aggregating... More

V.L.Infraproject FAQ's

The shares of V.L.Infraproject were first listed on the stock exchanges on June 26, 2024.

The total issue size of the V.L.Infraproject IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they

The minimum lot size for V.L.Infraproject public issue was 125 shares.

The price band of the IPO of V.L.Infraproject was Rs. 114 to Rs. 120 per equity share.

V.L.Infraproject IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.

Bigshare Services Private Limited is the registrar and share transfer agent of V.L.Infraproject IPO.

qr-code
login-icon

Take your research to the next level.
Login now to unlock Exclusive Features!

login-icon-1

Take your research to the next level.
Login now to unlock Exclusive Features!

Download Our App On: