Vishnusurya Projects and Infra was incorporated 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 Promoter and Promoter Group have an interest in a diverse set of businesses spread across Engineering Procurement and Construction (EPC), mining, education, technology, risk mitigation, media, consultancy, drones, etc.
They are engaged in the mining of rough stones and manufacturing of aggregates and manufacture-sand by using Crushing Plants and Sand washing plants. In addition to mining activities, they are engaged in EPC Projects (construction and infrastructure) delivered across all key sectors such as water, transportation, rail, resource, and institutional development. The Company executed and delivered multiple real estate projects in the past such as the construction of villas, multi-storied apartments, specific contracts like compound walls, renovation works, site formation, etc., and design and construction of various infrastructure projects for the government, autonomous and private bodies in state of Tamil Nadu. The Company is also engaged in buying, selling, and providing integrated solutions for Drones as a Service for surveillance, mapping, and surveying purposes.
They have been accredited as a Class I contractor with various departments and agencies viz. Greater Chennai Corporation (GCC), Government of Tamil Nadu Water Resources Department, Tamil Nadu Water Supply and Drainage Board, and Highways Departments under which they are eligible to participate and undertake projects awarded by various other departments and agencies.
Objects of the Issue:
- Funding of working capital requirements of the Company.
- Repayment / Prepayment, in part or full, of certain outstanding borrowings availed by the Company.
- General Corporate Purposes.
Vishnusurya Projects and Infra IPO Review
- May Apply
Vishnusurya Projects and Infra IPO Date & Price Band Details
|IPO Open:||September 29, 2023|
|IPO Close:||October 5, 2023|
|IPO Size:||Approx ₹49.98 Crores, 7,350,000 Equity Shares|
|Face Value:||₹10 Per Equity Share|
|IPO Price Band:||₹68 Per Equity Share|
|IPO Listing on:||NSE SME|
|Retail Quota:||50% of the net offer|
|NII Quota:||50% of the net offer|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
Vishnusurya Projects and Infra IPO Market Lot
The Vishnusurya Projects and Infra IPO minimum market lot is 2000 shares with a ₹136,000 application amount.
Vishnusurya Projects and Infra IPO Dates
The Vishnusurya Projects and Infra IPO date is September 29 and the IPO close date is October 6. The IPO allotment date is October 9 and the IPO might list on October 10.
|IPO Open Date:||September 29, 2023|
|IPO Close Date:||October 5, 2023|
|Basis of Allotment:||October 6, 2023|
|Refunds:||October 10, 2023|
|Credit to Demat Account:||October 10, 2023|
|IPO Listing Date:||October 10, 2023|
Vishnusurya Projects and Infra IPO Form
How to apply Vishnusurya Projects and Infra IPO? You can apply Vishnusurya Projects and Infra IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vishnusurya Projects and Infra IPO in the Invest section. The other option you can apply Vishnusurya Projects and Infra IPO via IPO forms download via the NSE website. Check out the Vishnusurya Projects and Infra forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Vishnusurya Projects and Infra Company Financial Report
|₹ in Crores|
Vishnusurya Projects and Infra IPO Valuation – FY2023
Check Vishnusurya Projects and Infra 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):||₹25.30 per Equity Share|
|Price/Earning P/E Ratio:||2.69|
|Return on Net Worth (RoNW):||27.86%|
|Net Asset Value (NAV):||₹65.53 per Equity Share|
- Rachana Infrastructure Limited
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- A B Infrabuild Limited
- Bhavani Jayaprakash
Vishnusurya Projects and Infra IPO Registrar
Cameo Corporate Services Limited
Email: [email protected]
Vishnusurya Projects and Infra IPO Allotment Status
Check Vishnusurya Projects and Infra IPO allotment status on Cameo Corporate website URL. Click Here
Vishnusurya Projects and Infra IPO Lead Managers aka Merchant Bankers
- Khandwala Securities Limited
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
Email: [email protected]