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

CategoryOfferedAppliedTimes
QIB834000169911000203.73
NIB627000455274000726.11
RETAIL14610001226508000839.5
Total29220001851693000633.71
Retail Apps408836© 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
About

V.L.Infraprojects IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail33.13%1461000
NII (HNI)14.22%627000
Anchor28.30%1248000
QIB18.91%834000
Market Maker5.44%240000
Total 100.00%4410000

V.L.Infraprojects IPO Details

Issue Size4,410,000 shares
(aggregating up to ₹18.52 Cr)
Fresh Issue4,410,000 shares
(aggregating up to ₹18.52 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue11,302,500
Share holding post issue15,712,500
Market Maker portion

240,000 shares

Spread X Securities

Key Performance Indicator

KPIMar-24Mar-23Mar-22
ROE46.20%25.41%16.37%
ROCE39.09%22.97%18.41%
RONW37.53%21.79%15.13%
D/E1.010.981.37
EPS
(basic)
5.432.101.04

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.

PeriodMar 2024Mar 2023Mar 2022Mar 2021
Assets5,691.392,836.241,955.401,641.29
Revenue11,400.054,565.143,560.703,077.57
Profit614.01222.66110.5883.37
Net Worth1,636.011,022.00730.84620.26
Reserves505.76268.50456.84346.26
Borrowing1,654.81999.021,003.52659.41
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.

Lead Manager(s)

Beeline Capital Advisors Pvt Ltd

Strength

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.

Weakness

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.

Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php