IPO Issue Details
Issue Price / Price Band₹99 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size150 Shares per Lot
Total Issue Size3,12,00,000 shares (aggregating up to ₹308.61 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 24 Aug 2023
Subscription CloseMon, 28 Aug 2023
Anchor AllotmentWed, 23 Aug 2023
Basis of AllotmentThu, 31 Aug 2023
Initiation of RefundsFri, 01 Sep 2023
Credit of Shares to DematMon, 04 Sep 2023
Listing DateTue, 05 Sep 2023
UPI Mandate Deadline2023-08-28
Application & Investment Details
Retail — Min (1 Lots)₹14,850 — 150 shares
Retail — Max (13 Lots)₹193,050 (13 Lots)
HNI — Min (14 Lots)₹2,07,900 — 2,100 shares
EPS (Pre-IPO)₹10.41
P/E Ratio (Pre-IPO)13.61x
Post-IPO Promoter Holding12,46,44,000 shares
About Vishnu Prakash R.Punglia Ltd.
Incorporated in 1986, 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 and (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.
Objects of the Issue
Vishnu Prakash R.Punglia Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding capital expenditure requirements for the purchase of equipment/machineries
62.18
2
2 Funding the working capital requirements of the Company
150.00
3
3 General corporate purposes
67.45
Shareholding & Lock-in
Pre-IPO Promoter Holding
Not Available
Post-IPO Promoter Holding
12,46,44,000 shares
Lock-in Period (30%)September 30, 2023
Lock-in Period (50%)November 29, 2023