Vishnusurya Projects and Infra IPO Details ( Vishnusurya Projects and Infra Limited IPO Review )
(29 Sep 2023 – 5 Oct 2023)
Vishnusurya Projects and Infra Limited, founded in 1996, is a company that mines rough stones and manufactures aggregates and manufactured sand using Crushing Plants and Sand washing plants.
The company has three main areas of business:
- Engineering, Procurement, and Construction (EPC): We offer a wide range of services in property development and the real estate industry. This includes building Commercial and Mixed Development projects, IT and Institutional Spaces, Retail (Malls), Offices, Industrial Parks, Residential Projects, Luxury Villas, Resorts, Factories and Warehouses, Stadiums, Exhibition and Convention Centers, Entertainment venues, Industrial Construction, and Brownfield Development.
- Mining aggregates and producing manufactured sand: Our company owns and operates two quarries in Tamil Nadu, India. The first quarry, located in Aruppukottai, Virudhunagar District, Tamil Nadu, spans 105 acres. It handles all rock breaking and auguring operations, with the crushing machine capable of producing 250 tonnes per hour and washing 100 tonnes of sand simultaneously. The second unit, situated in Vandavasi, Tiruvannamalai District, Tamil Nadu, has a crushing machine capable of handling 350 tonnes and 150 tonnes of sand washing simultaneously. This facility is 100 km away from Chennai.
- Drones or unmanned aerial vehicles (UAVs).
We are proud to be accredited as a Class I contractor by various departments and agencies, including the Greater Chennai Corporation (GCC), the Government of Tamil Nadu Water Resources Department, the Tamil Nadu Water Supply and Drainage Board, and the Highways Departments. This accreditation allows us to participate in and undertake projects awarded by various other departments and agencies.
Vishnusurya Projects and Infra Limited IPO Competitive Strength
- Experienced Promoter & Professional Management Team
- Focused on Infrastructure Projects
- Visible growth with strong order book
- Industry experience with strong execution capabilities
- Strong Financial Performance
Vishnusurya Projects and Infra IPO Financials Performance ( Results )
Vishnusurya Projects and Infra Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 9,594.72 | 6,339.33 | 229.18 | 12.62 | 3,573.72 | 85.19 | 3,078.32 | 1,472.32 |
| 31-Mar-22 | 11,849.39 | 9,603.62 | 2,158.97 | 24.95 | 4,155.88 | 99.41 | 3,660.48 | 3,489.49 |
| 31-Mar-23 | 12,105.28 | 13,326.06 | 1,736.64 | 25.30 | 5,952.39 | 65.53 | 5,043.99 | 3,625.24 |
Objective of Vishnusurya Projects and Infra IPO Issue
- Funding of working capital requirements of the Company
- Repayment / Prepayment, in part or full, of certain outstanding borrowings availed by the Company
- General Corporate Purposes
Vishnusurya Projects IPO Basic Details
| IPO Date | Sep 29, 2023 to Oct 5, 2023 |
| Listing Date | Friday, October 13, 2023 |
| Face Value | ₹10 per share |
| Price | ₹68 per share |
| Lot Size | 2000 Shares |
| Issue Size | 7,350,000 shares of ₹10 (aggregating up to ₹49.98 Cr) |
| Fresh Issue | 7,350,000 shares of ₹10 (aggregating up to ₹49.98 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,259,671 |
| Share holding post issue | 24,609,671 |
| Company Promoters | Bhavani Jayaprakash |
Vishnusurya Projects IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Vishnusurya Projects IPO Timetable
Vishnusurya Projects IPO will open on September 29, 2023 and close on October 5, 2023. You can join Vishnusurya Projects IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 29 September 2023 (Friday) |
| Closing Date | 5 October 2023 (Thursday) |
| Basis of Allotment | 10 October 2023 (Tuesday) |
| Initiation of Refunds | 11 October 2023 (Wednesday) |
| Credit of Shares to Demat | 12 October 2023 (Wednesday) |
| Listing Date | 13 October 2023 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 5 October 2023 |
Vishnusurya Projects IPO Lot Size
For retail investors in Vishnusurya Projects IPO, 2000 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 | 2000 | ₹136,000 |
| Retail (Max) | 1 | 2000 | ₹136,000 |
| S-HNI (Min) | 2 | 4000 | ₹272,000 |
Vishnusurya Projects and Infra IPO Promoter Holding
The company’s promoters include Bhavani Jayaprakash.
| Pre Issue Share Holding | 88.74% |
| Post Issue Share Holding | 62.24% |
Vishnusurya Projects and Infra 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.) | 167.35 |
| Earning Per Share (EPS) | ₹25.30 per Equity Share |
| Net Asset Value (NAV) | ₹65.53 per Equity Share |
| P/E Ratio (P/E) (x) | 2.69 |
| Post P/E Ratio (P/E) (x) | 9.63 |
| Return on Net Worth (RoNW) (%) | 27.86 |
| Return on equity (ROE) (%) | 27.86 |
| Return on Capital Employed (ROCE) (%) | 31.22 |
| Debt/Equity Ratio | 1.03 |
Vishnusurya Projects and Infra Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Vishnusurya Projects and Infra Limited | Standalone | 68 | 10 | 23.62 | 9.63 | 30.86 | 61.95 |
| Peer Group | |||||||
| Rachana Infrastructure Limited | Standalone | 97.70 | 10 | 1.22 | 80.90 | 2.51 | 48.50 |
| Sonu Infratech Limited | Standalone | 44.95 | 10 | 3.65 | 12.32 | 12.19 | 28.58 |
| A B Infrabuild Limited | Standalone | 33.30 | 10 | 5.95 | 5.60 | 21.34 | 27.88 |
Vishnusurya Projects and Infra IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 1 October 2023 | ₹32 | – | – |
| 30 September 2023 | ₹32 | – | – |
| 29 September 2023 | ₹32 | – | – |
Vishnusurya Projects and Infra IPO Detail Video:
Vishnusurya Projects and Infra IPO Subscription Status (Bidding Detail)
The Vishnusurya Projects and Infra IPO on October 5, 2023 at 7:30:00 PM was subscribed 44.11 times, with the retail category being subscribed 43.63 times, the other category being subscribed 36.32 times.
| Category | Subscription |
| Other | 36.32x |
| Retail | 43.63x |
| Total | 44.11x |
Vishnusurya Projects and Infra IPO Prospectus
| Vishnusurya Projects and Infra IPO DRHP | Download |
| Vishnusurya Projects and Infra IPO RHP | Download |
| Vishnusurya Projects and Infra IPO Anchor Investors Details PDF | Download |
Vishnusurya Projects and Infra IPO Rating
| Our Rating | 3.5/5.0 |
Vishnusurya Projects and Infra Company Contact Information
Vishnusurya Projects and Infra Limited
Registered Office: 2nd Floor, Qbas Temple Tower, No. 76/25, North Mada Street, Mylapore, Chennai-600 004, Tamil Nadu, India.
Telephone No: +91 44 24950019
E-Mail: cs@vishnusurya.com
Website: www.vishnusurya.com
Company Secretary and Compliance Officer: Vakaday Subramanian Ravikumar
Corporate Identification Number: U63090TN1996PLC035491
Promoter of Our Company: Bhavani Jayaprakash
Vishnusurya Projects and Infra IPO Registrar
Cameo Corporate Services Limited
Registered Office: Subramanian Building, No.1, Club House Road,
Chennai – 600 002, Tamil Nadu, India
Telephone: +91 44 40020741 / 40020706 / 40020780 / 40020700
Fax: +91 44 28460129
E-mail: priya@cameoindia.com
Investor Grievance E-mail: investor@cameoindia.com
Website: www.cameoindia.com
Contact Person: Sreepriya. K
SEBI Registration No.: INR000003753
Vishnusurya Projects and Infra IPO Lead Manager
Khandwala Securities Limited
Registered Office: Vikas Building, Ground Floor, Green Street, Fort,
Mumbai – 400023, Maharashtra, India
Telephone: +91 22 40767373
E-mail: rinav@kslindia.com/ipo@kslindia.com
Website: www.kslindia.com
Investor Grievance E-mail: investorsgrievances@kslindia.com
Contact Person: Rinav Manseta/Abhishek Joshi
SEBI Registration Number: INM000001899
Vishnusurya Projects and Infra IPO FAQs
What is the lot size of Vishnusurya Projects and Infra IPO?
The total size of Vishnusurya Projects and Infra IPO is ₹49.98 crores and this is a complete fresh Issue.
When will Vishnusurya Projects and Infra IPO start?
Vishnusurya Projects and Infra IPO will open from 29 September 2023 and IPO will close on 5 October 2023.
What is the open date of Vishnusurya Projects and Infra IPO?
Vishnusurya Projects and Infra IPO will open date from 29 September 2023.
What is the last date ( close date ) of Vishnusurya Projects and Infra IPO?
Vishnusurya Projects and Infra IPO will close from 5 October 2023.
What is the price band of Vishnusurya Projects and Infra IPO?
Vishnusurya Projects and Infra IPO price band is ₹68.
What is the minimum amount required to apply for Vishnusurya Projects and Infra IPO?
The minimum investment for retailers to apply for Vishnusurya Projects and Infra IPO is ₹136,000 and the maximum investment is ₹136,000.
What is going on gray market premium of Vishnusurya Projects and Infra IPO?
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How much is the GMP of Vishnusurya Projects and Infra IPO?
Watch Vishnusurya Projects and Infra IPO GMP Today: Click Here
What is the allotment date of Vishnusurya Projects and Infra IPO?
The allotment date of Vishnusurya Projects and Infra IPO is 10 October 2023.
How to check allotment status in Vishnusurya Projects and Infra IPO?
To check the allotment status of Vishnusurya Projects and Infra IPO, first of all go to the registrar website by clicking here, select your bad Vishnusurya Projects and Infra 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 Vishnusurya Projects and Infra IPO?
The listing date of Vishnusurya Projects and Infra IPO is 13 October 2023.
How much will be the listing gain in Vishnusurya Projects and Infra IPO?
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