V R Infraspace IPO Details | GMP, Date, Price, Review

V R Infraspace IPO-VR Infraspace IPO-VR Infraspace Limited IPO-V R Infraspace Limited IPO

Table of Contents

V R Infraspace IPO Details ( V R Infraspace Limited IPO Review )

(4 Mar 2024 – 6 Mar 2024)

Established in December 2015, V R Infraspace Limited is a real estate development company that focuses on building homes and commercial spaces in and around Vadodara, Gujarat.

We specialize in creating luxurious yet affordable residential buildings, offering various types of accommodations. Our buildings are equipped with security systems, recreational facilities, play areas, and reliable electricity backups. All our residential and commercial projects fall under the brand name “VR.”

Notable completed projects include VR Celebrity Luxuria and VR Imperia for residential spaces, and VR One Commercial Business Center for commercial purposes.

As of September 30, 2023, our Consolidated Total Income stands at Rs. 732.41 Lakhs, with a Profit after Tax of Rs. 89.54 Lakhs.

Our registered office is located in Vadodara, Gujarat, India.

As of August 31st, 2023, we have a dedicated team of 9 employees at both our construction site and registered office, including key management personnel.

VR Infraspace Limited IPO Competitive Strength

  • Experienced Management Team
  • Established brand and reputation
  • Operation methodology
  • Scalable Business Model
  • Quality Assurance and Standards
  • Ability to create projects which redefine the surrounding geography and create value

VR Infraspace IPO Financials Performance ( Results )

VR Infraspace Limited Financial Information (Restated Consolidated)

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthReservesBorrowing

Objective of V R Infraspace IPO Issue

  • Investment into our subsidiary namely M/s Narnarayan Enterprise
  • To Meet Working Capital Requirement
  • General Corporate Purpose
  • To Meet the Issue Expenses

VR Infraspace IPO Basic Details

IPO DateMar 4, 2024 to Mar 6, 2024
Listing DateTuesday, March 12, 2024
Face Value₹10 per share
Price85 per share
Lot Size1600 Shares
Issue Size2,400,000 shares of ₹10
(aggregating up to ₹20.40 Cr)
Fresh Issue2,400,000 shares of ₹10
(aggregating up to ₹20.40 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Share holding pre issue6,480,000
Share holding post issue8,880,000
Company PromotersMr. Vipul Devchand Rupareliya and
Mrs. Sumitaben Vipulbhai Rupareliya

VR Infra IPO Reservation

Other Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue

VR Infraspace IPO Timetable

VR Infraspace IPO will open on March 4, 2024 and close on March 6, 2024. You can join VR Infraspace IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date4 March 2024 (Monday)
Closing Date6 March 2024 (Wednesday)
Basis of Allotment7 March 2024 (Thursday)
Initiation of Refunds11 March 2024 (Monday)
Credit of Shares to Demat11 March 2024 (Monday)
Listing Date12 March 2024 (Tuesday)
Deadline for UPI mandate confirmation5 PM on 6 March 2024

VR Infra IPO Lot Size

For retail investors in VR Infra IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹136,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹136,000.

Retail (Min)11600₹136,000
Retail (Max)11600₹136,000
S-HNI (Min)23200₹272,000

V R Infraspace IPO Promoter Holding

The company’s promoters include Mr. Vipul Devchand Rupareliya and Mrs. Sumitaben Vipulbhai Rupareliya.

Pre Issue Share Holding100.00%
Post Issue Share Holding72.97%

V R Infraspace Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

Market Cap (₹ Cr.)75.48
Earning Per Share (EPS)₹4.05 per Equity Share
Net Asset Value (NAV)₹18.70 per Equity Share
P/E Ratio (P/E) (x)20.99
Post P/E Ratio (P/E) (x)42.15
Return on Net Worth (RoNW) (%)6.94
Return on equity (ROE) (%)7.16
Return on Capital Employed (ROCE) (%)6.12
Debt/Equity Ratio0.51
Price/Book Value Ratio6.26

VR Infraspace Ltd Peer Comparison

Company NameConsolidated/
V R Infraspace limitedStandalone85.0010.004.0421.0421.7118.61
Peer Group
Samor Reality LimitedStandalone29.7510.000.22135.230.4625.61
Laxmi Goldorna
House Limited

V R Infraspace IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
4 March 2024₹30
3 March 2024₹30

V R Infraspace IPO Detail Video:


VR Infraspace IPO Subscription Status (Bidding Detail)

The VR Infraspace IPO on March 6, 2024 at 7:00:00 PM was subscribed 93.41 times, with the retail category being subscribed 90.55 times, the other category being subscribed 85.21 times.


V R Infraspace IPO Prospectus

V R Infraspace IPO DRHPDownload
V R Infraspace IPO RHPDownload
V R Infraspace IPO Anchor Investors Details PDFDownload

V R Infraspace IPO Rating

Our Rating3.5/5.0

V R Infraspace Company Contact Information

V R Infraspace Limited

V R Infraspace Limited

Registered Office: National Trade Center N. H. 8, Opp. L & T, Bapod Na Vadodara-390019, Gujarat, India.
Tel No.: +91- 9737118885
Email: info@vrinfraspace.com
Website: www.vrinfraspace.in
Contact Person: Ms. Riya Bonnykumar Aswani, Company Secretary and Compliance Officer
Our Promoters: Mr. Vipul Devchand Rupareliya and Mrs. Sumitaben Vipulbhai Rupareliya

VR Infraspace IPO Registrar

Link Intime India Private Limited

Registered Office: C-101, 1 Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai- 400083, Maharashtra, India
Tel. No.: +91-8108114949
Fax No.: +91-022-49186195
Email: vrinfraspace.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance Email: vrinfraspace.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058

VR Infraspace IPO Lead Manager

Registered Office: B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath Rangoli Road, Thaltej, Ahmedabad – 380054, Gujarat, India.
Tel. No.: +91-79-48407357
Email: mb@beelinemb.com
Website: www.beelinemb.com
Investor Grievance Email: ig@beelinemb.com
Contact Person: Mr. Nikhil Shah
SEBI Registration No.: INM000012917

V R Infraspace IPO FAQs

What is the lot size of V R Infraspace IPO?

The total size of V R Infraspace IPO is ₹20.40 crores and this is a complete fresh Issue.

When will V R Infraspace IPO start?

V R Infraspace IPO will open from 4 March 2024 and IPO will close on 6 March 2024.

What is the open date of V R Infraspace IPO?

V R Infraspace IPO will open date from 4 March 2024.

What is the last date ( close date ) of V R Infraspace IPO?

V R Infraspace IPO will close from 6 March 2024.

What is the price band of V R Infraspace IPO?

V R Infraspace IPO price band is ₹85.

What is the minimum amount required to apply for V R Infraspace IPO?

The minimum investment for retailers to apply for V R Infraspace IPO is ₹136,000 and the maximum investment is ₹136,000.

What is going on gray market premium of V R Infraspace IPO?

View gray market premium of V R Infraspace IPO by Clicking Here

How much is the GMP of V R Infraspace IPO?

Watch V R Infraspace IPO GMP Today: Click Here

What is the allotment date of V R Infraspace IPO?

The allotment date of V R Infraspace IPO is 7 March 2024.

How to check allotment status in V R Infraspace IPO?

To check the allotment status of V R Infraspace IPO, first of all go to the registrar website by clicking here, select your bad V R Infraspace IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of V R Infraspace IPO?

The listing date of V R Infraspace IPO is 12 March 2024.

How much will be the listing gain in V R Infraspace IPO?

View listing gain of V R Infraspace IPO by Clicking Here

How much time V R Infraspace IPO is subscribed?

Total 93.41 times subscribed in V R Infraspace IPO out of which 90.55 times subscription was done in retail quota, 85.21 times subscription in other quota.

How to apply for V R Infraspace IPO from Upstox?

Click Here to see how to apply for V R Infraspace IPO from Upstox. (step by step)

How to apply for V R Infraspace PO from Zerodha?

Click Here to see how to apply for V R Infraspace IPO from Zerodha. (step by step)

How to apply for V R Infraspace IPO from Angle One?

Click Here to see how to apply for V R Infraspace IPO from Angle One. (step by step)

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