Vishnu Prakash R Punglia IPO GMP Details
Vishnu Prakash R Punglia Limited, Established in 1986, is actively involved in the realm of designing and constructing infrastructure projects across 9 Indian states and 1 Union territory. Its focus spans diverse entities such as the Central and State Governments, autonomous bodies, and private organizations.
The company’s primary business activities are categorized into four main segments:
(i) Water Supply Projects (“WSP”),
(ii) Railway Projects,
(iii) Road Projects, and
(iv) Irrigation Network Projects.
Vishnu Prakash R Punglia Limited, commonly known as VPRP, holds noteworthy accreditations as a contractor from various departments and agencies. These include 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); and Public Works Department, Madhya Pradesh, Bhopal (Civil works).
Notably, in the year 2021, VPRP secured a significant Water Supply Project (WSP) contract from the Public Health Engineering Department (“PHED”) in Manipur, amounting to ₹4332.90 million. This achievement follows a prior WSP contract granted to the company (when operating as a partnership firm) by PHED in Rajasthan back in 2002, valued at ₹19.80 million.
Vishnu Prakash R Punglia Limited
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Allotment Date*
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* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.
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Objects of the Issue
The funds raised from the issue will be allocated towards the following objectives:
- Financing capital expenditure needs for the acquisition of equipment and machinery.
- Meeting the company’s working capital demands.
- Serving general corporate purposes.
Vishnu Prakash R Punglia IPO Details
The Vishnu Prakash R Punglia IPO is a Book Built Issue with a total issue size of Rs 308.88 crore. The IPO is priced in the range of ₹94 to ₹99 per share. Upon listing, the IPO shares will be traded on both BSE and NSE.
| IPO Date | Aug 24, 2023 to Aug 28, 2023 |
| Listing Date | 5 September 2023 |
| Face Value | ₹10 per share |
| Price | ₹94 to ₹99 per share |
| Lot Size | 150 Shares |
| Total Issue Size | 31,200,000 shares (aggregating up to ₹308.88 Cr) |
| Fresh Issue | 31,200,000 shares (aggregating up to ₹[.] Cr) |
| Employee Discount | Rs 9 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 93,444,000 |
| Share holding post issue | 124,644,000 |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Vishnu Prakash R Punglia IPO Reservation
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
Vishnu Prakash R Punglia IPO Lot Size
The minimum lot size of this Vishnu Prakash R Punglia IPO is 150 shares required is ₹14,850.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹14,850 |
| Retail (Max) | 13 | 1950 | ₹193,050 |
| S-HNI (Min) | 14 | 2,100 | ₹207,900 |
| S-HNI (Max) | 67 | 10,050 | ₹994,950 |
| B-HNI (Min) | 68 | 10,200 | ₹1,009,800 |
Vishnu Prakash R Punglia IPO Dates
Vishnu Prakash R Punglia IPO opens on Aug 24, 2023, and closes on Aug 28, 2023.
| IPO Open Date | Thursday, 24 August 2023 |
| IPO Close Date | Monday, 28 August 2023 |
| Basis of Allotment | Thursday, 31 August 2023 |
| Initiation of Refunds | Friday, 1 September 2023 |
| Credit of Shares to Demat | Monday, 4 September 2023 |
| Listing Date | Tuesday, 5 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 28, 2023 |
Vishnu Prakash R Punglia Limited Financial Report
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 331.05 | 497.81 | 825.48 |
| Revenue | 487.67 | 787.39 | 1,171.46 |
| Profit After Tax | 18.98 | 44.85 | 90.64 |
| Net Worth | 113.61 | 158.69 | 314.51 |
| Reserves and Surplus | 85.24 | 130.11 | 219.96 |
| Total Borrowing | 110.78 | 176.58 | 250.37 |
Key Performance Indicator of Vishnu Prakash R Punglia Ltd
| KPI | Values |
|---|---|
| Market Cap (₹ Cr.) | 1234 |
| EPS (Rs) | 10.41 |
| RoNW | 38.31% |
Vishnu Prakash R Punglia IPO Promoter Holding
Mr. Vishnu Prakash Punglia, Mr. Manohar Lal Punglia, Mr. Sanjay Kumar Punglia, Mr. Kamal Kishor Pungalia, and Mr. Ajay Pungalia are the promoters of the company.
| Pre Issue Share Holding | 90.45% |
| Post Issue Share Holding | – |
Vishnu Prakash R Punglia Day-wise IPO GMP Trend
| GMP Date | GMP | Sub2 Sauda Rate | Estimated Listing Price | Last Updated Time |
|---|---|---|---|---|
| 19-08-2023 | ₹42  | 4800/67200 | ₹141 (42.42%) | 19-Aug-2023 09:00:17 PM |
Vishnu Prakash R Punglia Contact Information
Vishnu Prakash R Punglia Limited
Unit No. 3, 5th Floor, B-wing, Trade Star Premises
Co-operative Society Limited, Mathuradas Vasanji Road,
Andheri (East), Mumbai – 400059
Phone: +91 8058053700
Email: compliance@vprp.co.in
Website: https://www.vprp.co.in/
Vishnu Prakash R Punglia IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: vishnuprakashrpunglia.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
Vishnu Prakash R Punglia IPO FAQs
What is the Vishnu Prakash R Punglia IPO?
The Vishnu Prakash R Punglia IPO is a main-board IPO offering 31,200,000 equity shares with a face value of ₹10, aggregating up to ₹308.88 Crores. The price range for the issue is ₹94 to ₹99 per share, and the minimum order quantity is 150 Shares. The IPO subscription period is from August 24, 2023, to August 28, 2023.
How can I apply for Vishnu Prakash R Punglia IPO through Zerodha?
Zerodha customers can apply for the Vishnu Prakash R Punglia IPO online using UPI as a payment gateway. To apply, log in to the Zerodha Console (back office), navigate to the Portfolio section, click on IPOs, find the ‘Vishnu Prakash R Punglia IPO’ row, and click the ‘Bid’ button. Enter your UPI ID, Quantity, and Price, and then submit the IPO application form. Visit the UPI App (net banking or BHIM) to approve the mandate.
When does the Vishnu Prakash R Punglia IPO open and close?
The Vishnu Prakash R Punglia IPO opens on August 24, 2023, and closes on August 28, 2023.
What is the lot size of Vishnu Prakash R Punglia IPO?
The lot size for the Vishnu Prakash R Punglia IPO is 150 Shares, and the minimum investment amount required is ₹14,850.
How can I apply for Vishnu Prakash R Punglia IPO?
You can apply for the Vishnu Prakash R Punglia IPO online using either UPI or ASBA as the payment method. ASBA IPO application is available through the net banking of your bank account. UPI IPO application is provided by brokers who do not offer banking services. Learn more about applying for IPOs online through platforms like Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.
When will Vishnu Prakash R Punglia IPO allotment be finalized?
The finalization of the Basis of Allotment for the Vishnu Prakash R Punglia IPO will be conducted on Thursday, August 31, 2023. The allotted shares will be credited to your demat account by Monday, September 4, 2023. You can check the Vishnu Prakash R Punglia IPO allotment status for updates.
When is the Vishnu Prakash R Punglia IPO listing date?
The listing date for the Vishnu Prakash R Punglia IPO is yet to be announced. The tentative listing date for the IPO is Tuesday, September 5, 2023.
What is the current GMP of Vishnu Prakash R Punglia IPO ?
Current GMP of Vishnu Prakash R Punglia IPO is ₹42 . The Vishnu Prakash R Punglia IPO GMP (Grey Market Premium) is the rate of premium, on which, the IPO is trading in the grey market or over-the-counter (OTC) market or off-exchange trading between two persons. The GMP price last updated on Aug 19th 2023 10:00 PM.
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