V.L.Infra Projects Limited
Bookbuilding IPO · NSE
- Price band
- ₹39 - ₹42
- Lot size
- 3,000 shares
- Issue amount
- ₹18.52 cr
- Total subscription
- 633.71×
- Opens
- 23 Jul 2024
- Closes
- 25 Jul 2024
- Allotment
- 26 Jul 2024
- Listing
- 30 Jul 2024
Offer at a glance
Issue overview
- Issue size
- 44,10,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,17,000
- Fresh issue
- ₹18.52 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,26,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,13,02,500
- Shares after issue
- 1,57,12,500
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,26,000 |
| HNI | 2 | 6,000 | ₹2,52,000 |
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 | 3.5 | 713.63 |
| RETAIL | 6.14 | 5,151.33 |
| NIB | 2.63 | 1,912.15 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 5.43 | 2.1 | 1.04 |
| ROE | 46.2 | 25.41 | 16.37 |
| ROCE | 39.09 | 22.97 | 18.41 |
| RONW | 37.53 | 21.79 | 15.13 |
| PRE IPO(PE) | 7.73 | 0 | 0 |
| POST IPO(PE) | 10.75 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in 2014, V.L. Infraprojects Limited specializes in executing government-backed water infrastructure and irrigation projects, offering end-to-end services in the planning, construction, and commissioning of water supply and wastewater systems. The company handles procurement, pipeline laying, connections, civil works, pumping stations, and the installation of electro-mechanical equipment for efficient water distribution, along with providing operation and maintenance services for water pipelines. Recognized for its technical expertise, V.L. Infraprojects is a Class AA approved contractor by the Government of Gujarat, holds civil/electrical contractor licensing from the Karnataka State Public Works Department, is registered in the special class category with the Government of Telangana, and is an approved contractor for the Government of Madhya Pradesh. As of September 30, 2023, the company employed 30 professionals supporting its specialized operations.
Strengths
- Experienced Leadership: Seasoned promoters and skilled management provide strong strategic direction.
- Water Supply Project Expertise: Specialized focus on WSPs enhances competitive advantage.
- Comprehensive Execution: End-to-end capabilities—from planning to O&M—ensure efficient project delivery.
Risk factors
- Geographic Concentration: Heavy reliance on Gujarat exposes the company to regional risks affecting operations and finances.
- Client Dependence: Significant revenue from a few clients makes the business vulnerable to client loss.
- Capital-Intensive Operations: Long project timelines and high financing needs may limit growth and operational flexibility.
Promoters
Mr. Rajagopal Reddy Annam Reddy
Mrs. Mydhili Rajagopal Reddy
Mr. Nageswara Rao Repuri
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Office at 716, Shivalik Satyamev, Near Vakil saheb Bridge Bopal, Ahmedabad- 380058
+91 9998850177
[email protected]Company website ↗Understanding VLINFRA 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.