Vision Infra Equipment Solutions Limited
Bookbuilding IPO · NSE
- Price band
- ₹155 - ₹163
- Lot size
- 800 shares
- Issue amount
- ₹106.21 cr
- Total subscription
- 68.22×
- Opens
- 6 Sept 2024
- Closes
- 10 Sept 2024
- Allotment
- 11 Sept 2024
- Listing
- 13 Sept 2024
Offer at a glance
Issue overview
- Issue size
- 65,16,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,24,000
- Fresh issue
- ₹106.21 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,30,400
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,73,00,000
- Shares after issue
- 2,38,16,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 800 | ₹1,30,400 |
| HNI | 2 | 1,600 | ₹2,60,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 20.15 | 1,227.83 |
| RETAIL | 35.26 | 851.11 |
| NIB | 15.11 | 2,731.78 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 15.43 | 5.31 | 5.36 |
| ROE | 130.95 | 33.32 | 45.29 |
| ROCE | 28.29 | 30.63 | 22.01 |
| RONW | 113.75 | 30.62 | 36.91 |
| PRE IPO(PE) | 30.69 | 0 | 0 |
| POST IPO(PE) | 16.75 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Vision Infra Equipment Solutions Limited, established in 2015, operates across key sectors such as airports, smart cities, irrigation, buildings, factories, mining, and railroads, specializing in the rental, trade, and reconditioning of road construction machinery. The company offers two pricing models—time-based rentals that charge a fixed fee for the duration of equipment use, and output-based rentals where charges depend on project results. With a robust fleet of 326 machines sourced from leading OEMs like Wirtgen, Case, and Caterpillar, Vision Infra caters to major infrastructure players including Larsen & Toubro and GMR Infraprojects. As of March 31, 2024, the company employs a strong workforce of 227 permanent and 763 contract staff, covering critical functional roles such as operators, engineers, mechanics, and support teams to efficiently manage its large-scale operations.
Strengths
- Extensive Fleet: The company has a large, modern collection of road construction machines that help complete projects faster and handle different types of work easily.
- Strong Market Presence: A wide reach across the domestic market with many loyal customers, providing a solid base for long-term growth.
- Future Growth Potential: Well-positioned to take advantage of rising demand in road infrastructure projects and industry growth opportunities.
Risk factors
- Capital Intensity: Raising funds on good terms can be tough, which might slow down business growth and affect financial stability.
- Client Concentration: Depending too much on a few big clients could hurt the business if any of them stop working with the company.
- Economic Sensitivity: Changes in the economy or lower demand for construction equipment could impact business growth and profits.
Promoters
Sachin Vinod Gandhi
Chetan Vinod Gandhi
Sameer Sanjay Gandhi
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Shop No 401-405, Bhawani, International BusinessBay, Bhavani Peth, Pune, Pune City - 411042
+91 (020) - 26440999
[email protected]Company website ↗Understanding VIESL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.