VVIP Infratech Limited SME IPO

Issue Size (Net)
up to ₹61.21 Cr

Price Band
₹91.00-93.00 Per Share

Issue Opens
23rd Jul 2024

Issue Closes
25th Jul 2024

About Company – VVIP Infratech

VVIP Infratech Limited was founded in August 2001. The company is a leading infrastructure company in India. The company is an “A” class civil and electrical contractor and has more than two decades of experience in the execution and construction of infrastructure projects like sewerage, sewage treatment plants, water tanks, water treatment plants, sector development works, power distribution and substations up to 33 kVA, Jal Jeewan Mission etc.

The company is known for its high-quality work, timely delivery and competitive prices. It has a team of experienced and qualified engineers and technicians committed to providing its customers the best possible services. It is among the preferred companies in India for sewage treatment plants. It is one of the few companies to have built two sewage treatment plants with a capacity of 56 MLD using Sequential Batch Reactor (SBR) technology in 2013.

The company is mainly working on projects in the states of Uttar Pradesh, Uttarakhand, NCR Delhi and other northern parts of India. The company is a fast-growing organisation with a strong focus on innovation and quality. It is well-positioned to play a leading role in the development of India’s infrastructure sector, especially in the area of wastewater treatment plants.

VVIP Infratech SME IPO Strengths

  • Central and State Governments focus on the infrastructure development.
  • Growing urbanization therefore increasing need of developed infrastructure.
  • Government focus on the development of rural infrastructure like: sewer, potable water, electricity in rural areas of India.
  • Better economy growth rate in India.
  • Availability of manpower force in India.

VVIP Infratech SME IPO Objective

The company intends to utilize the proceeds of the Issue to meet the following objectives:

  1. Capital Expenditure
  2. Working Capital Requirement
  3. General Corporate Purpose
  4. Issue Expense

VVIP Infratech Limited Financial Information (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets26,319.6724,158.5826,624.58
Revenue28,588.3121,056.2818,526.04
Profit After Tax2,071.231,357.66452.96
Net Worth11,061.178,639.666,803.50
Reserves and Surplus9,222.408,579.136,742.97
Total Borrowing4,431.983,598.396,679.88
Amount in ₹ Lakhs

VVIP Infratech Limited Day-wise IPO GMP Trend

GMP DateIPO PriceGMP MovementEstimated Listing PriceLast Updated
29-07-202493.00₹122 – No Change₹215 (131.18%)29-Jul-2024 16:30
28-07-202493.00₹122 – No Change₹215 (131.18%)28-Jul-2024 23:31
27-07-202493.00₹122 – Up₹215 (131.18%)27-Jul-2024 23:28
26-07-2024 Allotment93.00₹120 – Up₹213 (129.03%)26-Jul-2024 23:23
25-07-2024 Close93.00₹95 – Up₹188 (102.15%)25-Jul-2024 23:31
24-07-202493.00₹85- Up₹178 (91.4%)24-Jul-2024 23:24
23-07-2024 Open93.00₹75 – Up₹168 (80.65%)23-Jul-2024 10:58
22-07-202493.00₹50 – Up₹143 (53.76%)22-Jul-2024 12:30
21-07-202493.00₹47 – No Change₹140 (50.54%)21-Jul-2024 23:23
20-07-202493.00₹47 – No Change₹140 (50.54%)20-Jul-2024 23:28
19-07-202493.00₹47 – No Change₹140 (50.54%)19-Jul-2024 10:27
18-07-202493.00₹47 – Up₹140 (50.54%)18-Jul-2024 23:29
17-07-202493.00₹35 – Up₹128 (37.63%)17-Jul-2024 23:29
16-07-202493.00₹0 – No Change₹93 (0%)16-Jul-2024 23:28
 

VVIP Infratech Limited SME IPO Details

SME IPO Issue Opening Date:23rd Jul 2024
SME IPO Issue Closing Date:25th Jul 2024
SME IPO Issue Price:₹91.00-93.00 Per Share
Face Value₹10 Per Equity Share
Lot Size1200 Shares
Issue Size₹61.21 Cr
Fresh Issue₹61.21 Cr
Issue TypeBook Build Issue
IPO Listing At:BSE SME

VVIP Infratech Limited SME IPO Timeline (Tentative Schedule)

EventTentative Date
Opening Date23rd Jul 2024
Closing Date25th Jul 2024
Basis of Allotment Date26th Jul 2024
Refunds Initiation29th Jul 2024
Credit of Shares to Demat29th Jul 2024
SME IPO Listing Date30th Jul 2024

Prospectus File

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