
✓
Open
23 Jul 2024
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Close
25 Jul 2024
3
Allotment
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Listing
Tue, Jul 30, 2024
Price Band
₹39 to ₹42
Issue Size
44,10,000 shares (agg. up to ₹19 Cr)
Lot Size
3,000 Shares
Listing Date
Tue, Jul 30, 2024
Latest GMP
₹60
Est. Gain
142.86%
✦ AI Insight
GMP Trend
30-07-2024₹60Est. ₹102+142.86%
29-07-2024₹60Est. ₹102+142.86%
28-07-2024₹62Est. ₹104+147.62%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 442.65x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 56.91 | 28.36 | 19.55 | 16.41 |
| Total Income | 114.00 | 45.65 | 35.61 | 30.78 |
| Profit After Tax | 6.14 | 2.23 | 1.11 | 0.83 |
| NET Worth | 16.36 | 10.22 | 7.31 | 6.20 |
| Reserves and Surplus | 5.06 | 2.69 | 4.57 | 3.46 |
| Total Borrowing | 16.55 | 9.99 | 10.04 | 6.59 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Winsol Engineers Ltd. | SME | ₹23.36 Cr | ₹75 | 12.19 | ₹383.25 | +411.00% | ₹121.85 (+2.39%) |
| Teerth Gopicon Ltd. | SME | ₹44.40 Cr | ₹111 | 49.55 | ₹131.25 | +18.24% | ₹24.85 (+4.85%) |
| K2 Infragen Ltd. | SME | ₹40.54 Cr | ₹119 | 9.68 | ₹173.25 | +45.59% | ₹56.60 (-2.08%) |
| AVP Infracon Ltd. | SME | ₹52.34 Cr | ₹75 | 11.2 | ₹75.05 | +0.07% | ₹57.95 (+4.89%) |
| Pratham EPC Projects Ltd. | SME | ₹36.00 Cr | ₹75 | 12.72 | ₹118.95 | +58.60% | ₹119.00 (-0.83%) |
| Atmastco Ltd. | SME | ₹56.25 Cr | ₹77 | 11.6 | ₹95.55 | +24.09% | ₹163.05 (+2.16%) |
| Rudra Gas Enterprise Ltd. | SME | ₹14.16 Cr | ₹63 | 10.9 | ₹125.68 | +99.49% | ₹73.80 (-5.08%) |
| Konstelec Engineers Ltd. | SME | ₹28.70 Cr | ₹70 | 9.9 | ₹220.50 | +215.00% | ₹67.85 (+4.95%) |
| Vishnusurya Projects & Infra Ltd. | SME | ₹49.98 Cr | ₹68 | 2.69 | ₹76.65 | +12.72% | ₹160.00 (+0.00%) |
| Chavda Infra Ltd. | SME | ₹43.26 Cr | ₹65 | 9.72 | ₹86.45 | +33.00% | ₹105.25 (+1.15%) |
| SRM Contractors Ltd. | Mainboard | ₹130.20 Cr | ₹210 | 18.76 | ₹226.00 | +7.62% | ₹496.00 (+1.12%) |
| Vishnu Prakash R.Punglia Ltd. | Mainboard | ₹308.61 Cr | ₹99 | 13.61 | ₹145.70 | +47.17% | ₹25.83 (-1.75%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital requirements | 14.80 |
| 2 | General Corporate Purposes | 1.69 |
| Total | 16.49 |
About V.L.Infraprojects IPO
V.L.Infraprojects Limited was founded in 2014 and offers the planning, construction, and commissioning of various government projects, especially in the field of water infrastructure and irrigation. The company is engaged in the execution of water supply and wastewater infrastructure projects which mainly include procurement of pipes and their laying, connection, and commissioning with backward integration, including all related civil engineering works such as civil works, pumping stations, and installation of electro-mechanical equipment (pumping machines) for distribution of water supply from river to household. The company also provides operation and maintenance services for water pipelines. The company is a Class AA approved contractor by the Government of Gujarat, holds a civil/ electrical contractor license from the Karnataka State Public Works Department, is registered with the Government of Telangana in a special class, and is approved as a contractor by the Government of Madhya Pradesh. As of March 31, 2024, the company had a total of 30 employees.+ Read More
Contact Details
V.L.Infraprojects Ltd. AddressOffice at 716Shivalik SatyamevNear Vakil saheb Bridge BopalAhmedabad, Gujarat, 380058+91 9998850177cs@vlil.inVisit Website