Vishnu Prakash R Punglia Limited
Mainboard₹14,850 / 150 Shares
Vishnu Prakash R Punglia Limited IPO Details
The Vishnu Prakash R Punglia Limited IPO price band is set between ₹94-99 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 24 Aug, 2023 and closes on 28 Aug, 2023. Investors can check the allotment status on 31 Aug, 2023, while the listing date is tentatively scheduled for 5 Sep, 2023.
The total issue size is 31,200,000 shares, aggregating up to ₹308.88 Cr. Stay tuned for the latest Vishnu Prakash R Punglia Limited IPO review and GMP updates.
Vishnu Prakash R Punglia Limited IPO Review, Rating & Analysis
Vishnu Prakash R Punglia Limited IPO Review
NO REVIEWVishnu Prakash R Punglia Limited IPO Rating
Vishnu Prakash R Punglia Limited IPO Highlights
IPO Date
Aug 24, 2023 - Aug 28, 2023
Listing Date
5 Sep, 2023
Face Value
₹10 Per Equity Share
Price Band
₹94-99 per equity share
Lot Size
150 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Vishnu Prakash R Punglia Limited IPO Lot Size
The minimum market lot for Vishnu Prakash R Punglia Limited IPO is 150 shares with an application amount of ₹14,850. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹14,850 |
| Retail (Max) | 13 | 1950 | ₹1,93,050 |
| S-HNI (Min) | 14 | 2100 | ₹2,07,900 |
| S-HNI (Max) | 67 | 10050 | ₹9,94,950 |
| B-HNI (Min) | 68 | 10200 | ₹10,09,800 |
Vishnu Prakash R Punglia Limited IPO Timeline
Issue Price
₹94-99 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Choice Capital Advisors Pvt LtdPantomath Capital Advisors Pvt LtdIssue Size
31,200,000 shares(aggregating up to ₹308.88 Cr)Vishnu Prakash R Punglia Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 825.48 | 1171.46 | 90.64 | - | - | - |
| 31 Mar 22 | 497.81 | 787.39 | 44.85 | - | - | - |
| 31 Mar 21 | 331.05 | 487.67 | 18.98 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Vishnu Prakash Punglia
- Mr. Manohar Lal Punglia
- Mr. Sanjay Kumar Punglia
- Mr. Kamal Kishor Pungalia
- Mr. Ajay Pungalia
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 90.45% | 67.81% |
About Company
Vishnu Prakash R Punglia Limited is engaged in the business of designing and constructing 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.
VPRP 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).
In 2021 VPRP was awarded a WSP by the Public Health Engineering Department (PHED), Manipur worth ₹4332.90 million as against a WSP awarded to it (as a partnership firm) by PHED, Rajasthan in 2002 of ₹19.80 million.
Vishnu Prakash R Punglia Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 6,180,000 | 4,635,000 3,090,000 1,545,000 | 10,815,000 | 21,930,000 |
Day 1 -24-08-23 05:00 PM | 0.05 x | 6.25 5.10 x 8.56 x | 4.86 x | 3.76 x |
Day 2 -25-08-23 05:00 PM | 0.35 x | 19.39 15.22 x 27.74 x | 12.88 x | 10.63 x |
Day 3 -28-08-23 05:00 PM | 171.69 x | 110.99 112.02 x 108.92 x | 31.81 x | 87.70 x |
28.79 times
Frequently Asked Questions about Vishnu Prakash R Punglia Limited IPO
When will Vishnu Prakash R Punglia Limited IPO open for subscription?
The Vishnu Prakash R Punglia Limited IPO opens on 24 Aug, 2023 and closes on 28 Aug, 2023.
What is the investors portion for Vishnu Prakash R Punglia Limited IPO?
The investors' portion for QIB is 171.69 x, NII is 112.02 x, and Retail is 31.81 x.
How to apply for Vishnu Prakash R Punglia Limited IPO?
You can apply for Vishnu Prakash R Punglia Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Vishnu Prakash R Punglia Limited IPO?
The issue size of Vishnu Prakash R Punglia Limited IPO is approx ₹31,200,000 shares(aggregating up to ₹308.88 Cr) crores.
What is the price band of Vishnu Prakash R Punglia Limited IPO?
The price band for Vishnu Prakash R Punglia Limited IPO is ₹94 to ₹99 per equity share.
What is the lot size of Vishnu Prakash R Punglia Limited IPO?
The minimum bid (lot size) for Vishnu Prakash R Punglia Limited IPO is N/A shares with an investment of approx ₹14,850 .
What is the allotment date of Vishnu Prakash R Punglia Limited IPO?
The allotment date for Vishnu Prakash R Punglia Limited IPO is 31 Aug, 2023.
What is the listing date of Vishnu Prakash R Punglia Limited IPO?
The listing date for Vishnu Prakash R Punglia Limited IPO is expected to be 5 Sep, 2023.
What is the GMP of Vishnu Prakash R Punglia Limited IPO?
The latest Grey Market Premium (GMP) for Vishnu Prakash R Punglia Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
