Vishnusurya Projects and Infra IPO Date, Review, Price, Allotment Details

Vishnusurya Projects and Infra IPO Details: Vishnusurya Projects and Infra IPO date is fixed, The IPO will open on September 29 and will close on October 5. Vishnusurya Projects and Infra is an NSE SME IPO to raise ₹50.00 crores via IPO. The Vishnusurya Projects and Infra IPO price band is fixed at ₹68 with a market lot of 2000 shares.

Vishnusurya Projects and Infra IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹136,000
Retail Maximum12000₹136,000
S-HNI Minimum24000₹272,000

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

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

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
YearRevenueExpensePAT
2021₹63.39₹60.18₹2.29
2022₹96.04₹66.45₹21.59
2023₹133.26₹110.95₹17.37

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

Peer Group

  • Rachana Infrastructure Limited
  • Sonu Infratech Limited
  • A B Infrabuild Limited

Company Promoters

  • Bhavani Jayaprakash

Vishnusurya Projects and Infra IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/

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

Company Address

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]
Website: https://www.vishnusurya.com/

Vishnusurya Projects and Infra IPO FAQs


What is Vishnusurya Projects and Infra IPO?

Vishnusurya Projects and Infra IPO is an NSE SME IPO. They are going to raise ₹49.98 Crores via IPO. The issue is priced at ₹68 per equity share. The IPO is to be listed on NSE.

When Vishnusurya Projects and Infra IPO will open?

The IPO is to open on September 29, 2023 for QIB, NII, and Retail Investors.

What is Vishnusurya Projects and Infra IPO Investors Portion?

The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

How to Apply the Vishnusurya Projects and Infra IPO?

You can apply Vishnusurya Projects and Infra 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 Vishnusurya Projects and Infra 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 “Vishnusurya Projects and Infra”. 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 Vishnusurya Projects and Infra IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Vishnusurya Projects and Infra”. 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 Vishnusurya Projects and Infra IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Vishnusurya Projects and Infra”. 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 Vishnusurya Projects and Infra IPO Size?

Vishnusurya Projects and Infra IPO size is ₹49.98 crores.

What is Vishnusurya Projects and Infra IPO Price Band?

Vishnusurya Projects and Infra IPO Price Band is ₹68 per equity share.

What is Vishnusurya Projects and Infra IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹136,000.

What is Vishnusurya Projects and Infra IPO Allotment Date?

Vishnusurya Projects and Infra IPO allotment date is October 6, 2023.

What is Vishnusurya Projects and Infra IPO Listing Date?

Vishnusurya Projects and Infra IPO listing date is October 10, 2023. The IPO to list on NSE SME.

Note: The Vishnusurya Projects and Infra IPO details are announced officially. The IPO grey market premium (Vishnusurya Projects and Infra IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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