IPO Issue Details
Issue Price / Price Band₹93 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size65,82,000 shares (aggregating up to ₹61.21 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 23 Jul 2024
Subscription CloseThu, 25 Jul 2024
Anchor AllotmentMon, 22 Jul 2024
Basis of AllotmentFri, 26 Jul 2024
Initiation of RefundsMon, 29 Jul 2024
Credit of Shares to DematMon, 29 Jul 2024
Listing DateTue, 30 Jul 2024
UPI Mandate Deadline2024-07-25
Application & Investment Details
Retail — Min (1 Lots)₹1,11,600 — 1,200 shares
Retail — Max (13 Lots)₹1,450,800 (13 Lots)
HNI — Min (2 Lots)₹2,23,200 — 2,400 shares
EPS (Pre-IPO)₹11.26
EPS (Post-IPO)₹8.29
P/E Ratio (Pre-IPO)8.26x
P/E Ratio (Post-IPO)11.21x
Net Offer to Public62,43,600 shares (aggregating up to ₹58.07 Cr)
Reserved for Market Maker3,38,400 shares (aggregating up to ₹3.15 Cr)
Pre-IPO Promoter Holding1,83,87,700 shares
Post-IPO Promoter Holding2,49,69,700 shares
About VVIP Infratech Ltd
VVIP Infratech Limited, originally incorporated as Vibhor Builders Private Limited, is an infrastructure company established in 2001.The company mainly works on projects in Uttar Pradesh, Uttarakhand, NCR Delhi, and other northern parts of India. It is a Class 'A' civil and electrical contractor with more than two decades of experience in the execution and construction of infrastructure projects like sewerage, sewage treatment plants, water tanks, water treatment plants, sector development works, power distribution and substations up to 33 kVA, Jal Jeewan Mission etc.As of September 30, 2023, the company had a total of 466 employees.
Objects of the Issue
VVIP Infratech Ltd proposes to utilise the net proceeds from the Issue for the following objects:
2
Working Capital Requirement
3
General Corporate Purpose
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,83,87,700 shares
Post-IPO Promoter Holding
2,49,69,700 shares