VVIP Infratech Limited (BSE SME)
Jul 23, 2024 - Jul 25, 2024
| Price | ₹91 - ₹93 |
| Premium | ₹122 |
|---|---|
| Lot size | 1200 |
| Allotment | Jul 26, 2024 |
| Listing | Jul 30, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 111600 | 1822 |
| HNI | 2 | 2400 | 223200 | 781 |
Last updated on 25-Jul-2024 17:56:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 1248000 | 210231600 | 168.45 |
| HNIs | 937200 | 428497200 | 457.21 |
| Retail | 2186400 | 398816400 | 182.41 |
| Total | 4371600 | 1037545200 | 237.34 |
| Total Applications: 402426 | |||
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹57.08 | @8% ₹65.24 | @9% ₹73.39 | @10% ₹81.55 | @11% ₹89.7 | @12% ₹97.86 |
VVIP Infratech IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.22% | 2186400 |
| NII (HNI) | 14.24% | 937200 |
| Anchor | 28.44% | 1872000 |
| QIB | 18.96% | 1248000 |
| Market Maker | 5.14% | 338400 |
| Total | 100.00% | 6582000 |
VVIP Infratech IPO Details
| Total Issue Size | 6,582,000 shares (aggregating up to ₹61.21 Cr) |
| Fresh Issue | 6,582,000 shares (aggregating up to ₹61.21 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 18,387,700 |
| Share holding post issue | 24,969,700 |
| Market Maker portion | 338,400 shares Share India Securities |
Key Performance Indicators
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 21.36% | 15.15% | 4.83% |
| ROCE | 19.00% | 12.96% | 4.92% |
| RONW | 18.73% | 15.71% | 6.66% |
| D/E | 0.40 | 0.34 | 0.33 |
EPS Basic | 20.08 | 224.29 | 74.83 |
P/E Pre IPO | 8.26 | ||
P/E Post IPO | 11.21 |
Financial Statement (Restated)
| Period Ended | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 26,319.67 | 24,158.58 | 26,624.58 |
| Revenue | 28,588.31 | 21,056.28 | 18,526.04 |
| Profit After Tax | 2,071.23 | 1,357.66 | 452.96 |
| Net Worth | 11,061.17 | 8,639.66 | 6,803.50 |
| Reserves and Surplus | 9,222.40 | 8,579.13 | 6,742.97 |
| Total Borrowing | 4,431.98 | 3,598.39 | 6,679.88 |
| Amount in Lakhs | |||
About Company
VVIP Infratech Limited, originally incorporated as Vibhor Builders Private Limited in 2001, is a prominent infrastructure company with extensive operations in Uttar Pradesh, Uttarakhand, NCR Delhi, and other northern regions of India. As a Class 'A' civil and electrical contractor, the company boasts over two decades of experience in executing a wide range of infrastructure projects, including sewerage systems, sewage treatment plants, water tanks, water treatment plants, sector development works, power distribution and substations up to 33 kVA, and initiatives like the Jal Jeewan Mission. As of September 30, 2023, VVIP Infratech Limited employed a total of 466 individuals, underscoring its significant role in the regional infrastructure sector.
Strong Order Book: VVIP Infratech Limited has a robust portfolio of projects across India, ensuring consistent business growth and stability.
High-Quality Work and On-Time Delivery: The company is renowned for its superior quality of work, timely project completion, and competitive pricing.
Experienced Workforce: With a team of experienced and qualified engineers and technicians, VVIP Infratech Limited delivers expertise and reliability in every project.
Litigation Risks: The company, its directors, promoters, subsidiaries, and group companies are involved in various ongoing litigations. Adverse decisions in these cases could negatively impact business operations.
Leased Office Uncertainty: The registered office is on leased premises, and there's no assurance of lease renewal or securing similar commercial terms in future leases. Any disruption could affect the company's activities and overall business.
Working Capital Intensive: The business requires substantial working capital. Insufficient cash flows to meet these requirements could adversely affect operational results and financial health.
VVIP Infratech IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: Investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues