Vishnu Prakash R Punglia IPO Date, Review, Price, Allotment Details

Vishnu Prakash R Punglia IPO Details: Vishnu Prakash R Punglia IPO date is fixed, the IPO is to hit the market on August 24 and will close on August 28. Vishnu Prakash R Punglia IPO to raise around ₹309 crores via IPO that comprises fresh issue of 31,200,000 shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Vishnu Prakash R Punglia IPO

Vishnu Prakash R Punglia Limited is a certified integrated engineering, procurement, and construction (“EPC”) company with experience in the design and construction of various 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
  • (iv) Irrigation Network Projects

VPRPL 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), pursuant to which we are also eligible to participate and undertake projects awarded by various other departments and agencies.

The growth of the business in the last three Financial Years has contributed significantly to its financial strength. The revenue from operations increased from ₹4,857.31 million in FY 2020-21 to ₹11,684.04 million in FY 2022-23 at a Compounded Annual Growth Rate (“CAGR”) of 55.10%, while the profit for the year increased from ₹189.82 million in FY 2020-21 to ₹ 906.43 million in FY 2022-23 at a CAGR of 118.52%.


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 IPO Review (Apply or Not)

  • MAY APPLY

Brokerage Firm IPO Review

  • Anand Rathi: Apply
  • Arihant Capital Markets Ltd: Apply
  • Reliance Securities: Apply
  • Sushil Finance Ltd: Apply

Vishnu Prakash R Punglia IPO Date & Price Band Details

IPO Open:August 24, 2023
IPO Close:August 28, 2023
IPO Size:Approx ₹309 Crores
Fresh Issue:Approx 31,200,000 shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹94 to ₹99 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:₹9 Per Share
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Vishnu Prakash R Punglia IPO Market Lot

The Vishnu Prakash R Punglia IPO minimum market lot is 150 shares with ₹14,850 application amount. The retail investors can apply up-to 13 lots with 1950 shares or ₹193,050 amount.

ApplicationLot SizeSharesAmount
Retail Minimum1150₹14,850
Retail Maximum131950₹193,050
S-HNI Minimum142100₹207,900
B-HNI Minimum6810200₹1,009,800

Vishnu Prakash R Punglia IPO Allotment & Listing Dates

The Vishnu Prakash R Punglia IPO date is August 24 and the close date is August 28. The Vishnu Prakash R Punglia IPO allotment will be finalized on August 31 and the IPO listing on September 5.

Price Band Announcement:August 19, 2023
Anchor Investors Allotment:August 23, 2023
IPO Open Date:August 24, 2023
IPO Close Date:August 28, 2023
Basis of Allotment:August 31, 2023
Refunds:September 1, 2023
Credit to Demat Account:September 4, 2023
IPO Listing Date:September 5, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Vishnu Prakash R Punglia IPO Form

How to apply for the Vishnu Prakash R Punglia IPO? You can apply for Vishnu Prakash R Punglia IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vishnu Prakash R Punglia IPO in the Invest section. The other option is you can apply for Vishnu Prakash R Punglia IPO via IPO forms downloaded via NSE and BSE. Check out the Vishnu Prakash R Punglia forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Vishnu Prakash R Punglia Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2021₹488₹462₹18.98
2022₹787₹727₹44.85
2023₹1171₹1049₹90.64

Vishnu Prakash R Punglia IPO Valuation – FY2023

Check Vishnu Prakash R Punglia IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹10.41 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):38.31%
Net Asset Value (NAV):₹36.11 per Equity Share

Peer Group

  • PNC Infratech Ltd
  • H.G. Infra Engineering Ltd
  • NCC Limited
  • Rail Vikas Nigam Ltd
  • ITD Cementation India Ltd

Company Promoters

  • Mr. Vishnu Prakash Punglia
  • Mr. Manohar Lal Punglia
  • Mr. Sanjay Kumar Punglia
  • Mr. Kamal Kishor Pungalia
  • Mr. Ajay Pungalia

Vishnu Prakash R Punglia IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Vishnu Prakash R Punglia IPO Allotment Status Check

Check Vishnu Prakash R Punglia IPO allotment status on Linkintime website allotment URL. Click Here

Vishnu Prakash R Punglia IPO Lead Managers aka Merchant Bankers

  • Choice Capital Advisors Pvt Ltd
  • Pantomath Capital Advisors Pvt Ltd

Company Address

Vishnu Prakash R Punglia Limited
Unit No. 3, 5th Floor, B-wing, Trade Star Premises
Co-operative Society Limited, Mathuradas Vasanji R
oad, Andheri (East), Mumbai – 400059
Phone: +91 8058053700
Email: [email protected]
Website: https://www.vprp.co.in/

Vishnu Prakash R Punglia IPO FAQs

What is Vishnu Prakash R Punglia IPO?

Vishnu Prakash R Punglia IPO is a main-board IPO. They are going to raise ₹309 Crores via IPO. The issue is priced at ₹94 to ₹99 pr equity share. The IPO is to be listed on BSE & NSE.

When Vishnu Prakash R Punglia IPO will open?

The IPO is to open on August 24, 2023 for QIB, NII, and Retail Investors.

What is Vishnu Prakash R Punglia IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Vishnu Prakash R Punglia IPO?

You can apply for Vishnu Prakash R Punglia IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Vishnu Prakash R Punglia IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Vishnu Prakash R Punglia”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Vishnu Prakash R Punglia IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Vishnu Prakash R Punglia”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Vishnu Prakash R Punglia IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Vishnu Prakash R Punglia”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Vishnu Prakash R Punglia IPO Size?

Vishnu Prakash R Punglia IPO size is ₹309 crores.

What is Vishnu Prakash R Punglia IPO Price Band?

Vishnu Prakash R Punglia IPO Price Band is ₹94 to ₹99.

What is the Vishnu Prakash R Punglia IPO Allotment Date?

Vishnu Prakash R Punglia IPO allotment date is August 31, 2023.

What is the Vishnu Prakash R Punglia IPO Listing Date?

Vishnu Prakash R Punglia IPO listing date is September 5, 2023. The IPO is to list on BSE and NSE.

Note: The Vishnu Prakash R Punglia IPO price band and date are officially announced. The IPO grey market premium (Vishnu Prakash R Punglia IPO Premium) will be added to the IPO grey market page as it will start).

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