V.L.Infra Projects Limited (NSE SME)
Jul 23, 2024 - Jul 25, 2024
| Price | ₹39 - ₹42 |
| Premium | ₹60 |
|---|---|
| Lot size | 3000 |
| Allotment | Jul 26, 2024 |
| Listing | Jul 30, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 3000 | 126000 | 487 |
| HNI | 2 | 6000 | 252000 | 209 |
Last updated on 25-Jul-2024 17:03:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 834000 | 169911000 | 203.73 |
| NIB | 627000 | 455274000 | 726.11 |
| RETAIL | 1461000 | 1226508000 | 839.5 |
| Total | 2922000 | 1851693000 | 633.71 |
| Retail Apps | 408836 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹40.94 | @8% ₹46.79 | @9% ₹52.64 | @10% ₹58.49 | @11% ₹64.34 | @12% ₹70.18 |
V.L.Infraprojects IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.13% | 1461000 |
| NII (HNI) | 14.22% | 627000 |
| Anchor | 28.30% | 1248000 |
| QIB | 18.91% | 834000 |
| Market Maker | 5.44% | 240000 |
| Total | 100.00% | 4410000 |
V.L.Infraprojects IPO Details
| Issue Size | 4,410,000 shares (aggregating up to ₹18.52 Cr) |
| Fresh Issue | 4,410,000 shares (aggregating up to ₹18.52 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 11,302,500 |
| Share holding post issue | 15,712,500 |
| Market Maker portion | 240,000 shares Spread X Securities |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 46.20% | 25.41% | 16.37% |
| ROCE | 39.09% | 22.97% | 18.41% |
| RONW | 37.53% | 21.79% | 15.13% |
| D/E | 1.01 | 0.98 | 1.37 |
| EPS (basic) | 5.43 | 2.10 | 1.04 |
P/E Pre IPO | 7.73 | ||
P/E Post IPO | 10.75 |
Company Financials
V.L.Infraprojects Limited Financial Information (Restated)
V.L.Infraprojects Limited's revenue increased by 28.21% and profit after tax (PAT) rose by 101.36% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|
| Assets | 5,691.39 | 2,836.24 | 1,955.40 | 1,641.29 |
| Revenue | 11,400.05 | 4,565.14 | 3,560.70 | 3,077.57 |
| Profit | 614.01 | 222.66 | 110.58 | 83.37 |
| Net Worth | 1,636.01 | 1,022.00 | 730.84 | 620.26 |
| Reserves | 505.76 | 268.50 | 456.84 | 346.26 |
| Borrowing | 1,654.81 | 999.02 | 1,003.52 | 659.41 |
| Amount in ₹ Lakhs | ||||
About Company
Founded in 2014, V.L. Infraprojects Limited specializes in the planning, construction, and commissioning of government projects, particularly in water infrastructure and irrigation. The company executes water supply and wastewater infrastructure projects, handling the procurement, laying, connection, and commissioning of pipes, and related civil engineering works, including civil works, pumping stations, and electro-mechanical equipment installation for water distribution. It also offers operation and maintenance services for water pipelines. V.L. Infraprojects is a Class AA approved contractor by the Government of Gujarat, holds a civil/electrical contractor license from the Karnataka State Public Works Department, is registered in a special class with the Government of Telangana, and is an approved contractor by the Government of Madhya Pradesh. As of September 30, 2023, the company employed 30 people.
Beeline Capital Advisors Pvt Ltd
Experienced Leadership: V.L. Infraprojects Limited benefits from experienced promoters and a skilled management team, providing strong leadership and strategic direction.
Specialization in Water Supply Projects: The Company’s focused expertise in Water Supply Projects (WSPs) positions it as a key player in this sector, enhancing its competitive edge.
Comprehensive Execution Capabilities: V.L. Infraprojects possesses end-to-end execution capabilities, from planning and construction to operation and maintenance, ensuring efficient and integrated project delivery.
Geographic Concentration: A majority of V.L. Infraprojects Limited's revenues come from Gujarat, making the company vulnerable to adverse developments in this region, which could negatively impact its business and financial condition.
Client Dependence: With significant revenues concentrated among a few clients, the loss of any major client could adversely affect the company's business, financial condition, and prospects.
Working Capital Intensity: The business is capital-intensive with long implementation periods, requiring substantial financing. The company's indebtedness and financing conditions may restrict its operational capabilities and growth.
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php