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 Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 5,479.20 | 1,348.70 | 72.04 | 1.11 | 869.65 | 221.65 | 1,676.31 |
| 31-Mar-22 | 4,920.59 | 1,387.65 | 79.74 | 1.23 | 949.39 | 301.39 | 1,038.55 |
| 31-Mar-23 | 4,328.38 | 1,875.53 | 262.47 | 4.05 | 1,211.86 | 563.86 | 971.87 |
| 30-Sep-23 | 6,117.91 | 732.41 | 89.54 | 1.38 | 1,290.10 | 642.10 | 661.36 |
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 Date | Mar 4, 2024 to Mar 6, 2024 |
| Listing Date | Tuesday, March 12, 2024 |
| Face Value | ₹10 per share |
| Price | ₹85 per share |
| Lot Size | 1600 Shares |
| Issue Size | 2,400,000 shares of ₹10 (aggregating up to ₹20.40 Cr) |
| Fresh Issue | 2,400,000 shares of ₹10 (aggregating up to ₹20.40 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 6,480,000 |
| Share holding post issue | 8,880,000 |
| Company Promoters | Mr. Vipul Devchand Rupareliya and Mrs. Sumitaben Vipulbhai Rupareliya |
VR Infra IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% 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.
| Event | Date |
| Opening Date | 4 March 2024 (Monday) |
| Closing Date | 6 March 2024 (Wednesday) |
| Basis of Allotment | 7 March 2024 (Thursday) |
| Initiation of Refunds | 11 March 2024 (Monday) |
| Credit of Shares to Demat | 11 March 2024 (Monday) |
| Listing Date | 12 March 2024 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 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.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹136,000 |
| Retail (Max) | 1 | 1600 | ₹136,000 |
| S-HNI (Min) | 2 | 3200 | ₹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 Holding | 100.00% |
| Post Issue Share Holding | 72.97% |
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.
| KPI | Values |
| 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 Ratio | 0.51 |
| Price/Book Value Ratio | 6.26 |
VR Infraspace Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CMP (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| V R Infraspace limited | Standalone | 85.00 | 10.00 | 4.04 | 21.04 | 21.71 | 18.61 |
| Peer Group | |||||||
| Samor Reality Limited | Standalone | 29.75 | 10.00 | 0.22 | 135.23 | 0.46 | 25.61 |
| Laxmi Goldorna House Limited | Standalone | 65.30 | 10.00 | 0.19 | 343.68 | 1.24 | 15.26 |
V R Infraspace IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹30 | – | – |
| 4 March 2024 | ₹30 | – | – |
| 3 March 2024 | ₹30 | – | – |
V R Infraspace IPO Detail Video:
link
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.
| Category | Subscription |
| Other | 85.21x |
| Retail | 90.55x |
| Total | 93.41x |
V R Infraspace IPO Prospectus
| V R Infraspace IPO DRHP | Download |
| V R Infraspace IPO RHP | Download |
| V R Infraspace IPO Anchor Investors Details PDF | Download |
V R Infraspace IPO Rating
| Our Rating | 3.5/5.0 |
V R Infraspace Company Contact Information
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.
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