Apex Ecotech Limited IPO...
20 Nov 2024
Vision Infra Equipment Solutions Limited IPO And Its GMP
Vision Infra Equipment is a solution provider in the equipment space delivering their services in airports, smart cities, irrigation, buildings & factories, mining, railways, etc. Their portfolio of services includes: renting of road construction equipment and trading and refurbishment of this equipment. The company offers several advantages, such as improved efficiency, cost control and a streamlined supply chain.
Their business of renting road construction equipment is executed in two rental modes based on:
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IPO OVERVIEW
- ● Issue Size: ₹106.21 crores
- ○ Type: Entirely a fresh issue of 65.16 lakh shares
- ● Subscription Dates: September 6, 2024, to September 10, 2024
- ● Price Band: ₹155 to ₹163 per share
- ● Minimum Lot Size: 800 shares
- Book Running Lead Manager:
- ● Hem Securities Limited
- Registrar:
- ● Link Intime India Private Ltd
WHAT IS GMP?
GMP stands for Grey Market Premium, and if you are planning your IPO then GMP plays an important role. A grey market is a place where stocks/shares get traded before getting officially listed on any stock exchange. The difference between the IPO price and the grey market price is known as GMP (grey market premium). GMP is a premium amount paid at which initial public offering (IPO) shares are traded before it is listed on the stock exchanges.
Vision Infra Equipment Solutions Limited IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 12-09-2024 | 163 | 75.0 (46%) | 12-Sep-2024 12:45 |
| 11-09-2024 | 163 | 75.0 (46%) | 11-Sep-2024 12:25 |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Vision Infra Equipment Solutions IPO Overview
| Detail | Description |
|---|---|
| IPO Date | September 6, 2024 to September 10, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹155 to ₹163 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 6,516,000 shares (aggregating up to ₹106.21 Cr) |
| Fresh Issue | 6,516,000 shares (aggregating up to ₹106.21 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 17,300,000 |
| Share holding post issue | 23,816,000 |
| Market Maker portion | 336,000 shares |
Vision Infra Equipment Solutions IPO Timeline (Tentative Schedule)
| Detail | Description |
|---|---|
| IPO Open Date | Friday, September 6, 2024 |
| IPO Close Date | Tuesday, September 10, 2024 |
| Basis of Allotment | Wednesday, September 11, 2024 |
| Initiation of Refunds | Thursday, September 12, 2024 |
| Credit of Shares to Demat | Thursday, September 12, 2024 |
| Listing Date | Friday, September 13, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 10, 2024 |
Vision Infra Equipment Solutions Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹130,400 |
| Retail (Max) | 1 | 800 | ₹130,400 |
| HNI (Min) | 2 | 1,600 | ₹260,800 |
Vision Infra Equipment Solutions Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Vision Infra Equipment Solutions IPO Promoter Holding
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue |
Company & Financials
Vision Infra Equipment Solutions Limited was founded in 2015 and provides services in the fields of airports, smart cities, irrigation, buildings and factories, mining, railroads, etc. The company's service portfolio includes the rental of road construction machines as well as the trade and reconditioning of these machines. Road construction machinery is rented out in two ways: (i) time-based pricing and (ii) output-based pricing. Under the time-based pricing model, customers pay for the equipment based on its use or period of use, which is primarily a fixed fee. In contrast, under output-based pricing, the customer pays for the service based on the results or outcomes achieved by the service provided. The company has a large fleet of equipment from major OEMs such as Wirtgen, Case, Luigong, Dynapac, Komatsu, Atlas Copco, Ashok Leyland, Bharat Benz, Eicher Motors, Volvo, Terex Power Screen, Caterpillar, Metro, BOMAG, etc., which is leased out to infrastructure companies.
Vision Infra Equipment Solutions Limited Financial Information
| Period Ended | 30 Nov 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | ||||||||||||||||||||||||||||||||||||
| Assets | 26,796.33 | 24,743.86 | 20,848.77 | 14,886.92 | ||||||||||||||||||||||||||||||||||||
| Revenue | 20,718.23 | 36,889.54 | 30,510.16 | 16,254.47 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 1,544.98 | 918.85 | 927.88 | 514.17 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 1,730.00 | 3,000.37 | 2,514.12 | 1,583.54 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 20,664.02 | 15,145.70 | 13,082.08 | 9,285.88 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.31 | 9.73 |
| P/E (x) | 30.69 | 16.75 |
Objectives of Vision Infra Equipment Solutions IPO
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objectives:
- 1. Funding Capital Expenditure towards the purchase of additional equipment
- 2. Funding to meet working capital requirements
- 3. General Corporate Purpose
Vision Infra Equipment Solutions IPO Review
The company is engaged in providing solutions for equipment needed for infrastructural works. It posted almost static top lines for the last three fiscals. The sudden boost in its bottom line for FY24 (consolidated numbers), the issue relatively appears fully priced. Well-informed investors may park funds for the long term.
FAQs for Vision Infra Equipment Solutions IPO
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What is Vision Infra Equipment Solutions IPO?
Vision Infra Equipment Solutions IPO is an SME IPO. The company is going to raise ₹106.21 Crores via IPO. The issue is priced at ₹155 to ₹163 per equity share. The IPO is to be listed on NSE.
-
When will the Vision Infra Equipment Solutions IPO open for subscription?
The IPO will open on September 6, 2024, for QIB, NII, and Retail Investors. The IPO will close on September 10, 2024.
-
What is Vision Infra Equipment Solutions IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
-
What is Vision Infra Equipment Solutions Issue Size?
Vision Infra Equipment Solutions' issue size is ₹106.21 crores.
-
What is Vision Infra Equipment Solutions IPO Price Band?
Vision Infra Equipment Solutions IPO Price Band is ₹155 to ₹163.
-
What is Vision Infra Equipment Solutions IPO Lot Size?
The minimum bid is 800 Shares with ₹130,400.
-
What is the Vision Infra Equipment Solutions IPO Allotment Date?
Vision Infra Equipment Solutions IPO allotment date is September 11, 2024.
-
What is the Vision Infra Equipment Solutions IPO Listing Date?
Vision Infra Equipment Solutions IPO listing date is September 13, 2024. The IPO is to be listed on the NSE.
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What is the current GMP of Vision Infra Equipment Solutions?
The current GMP of Vision Infra Equipment Solutions is 75.0 (46%).
DRHP:
DRHP of Vision Infra Equipment Solutions Limited IPO.
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What is Vision Infra Equipment Solutions IPO?
Vision Infra Equipment Solutions IPO is an SME IPO. The company is going to raise ₹106.21 Crores via IPO. The issue is priced at ₹155 to ₹163 per equity share. The IPO is to be listed on NSE.
-
When will the Vision Infra Equipment Solutions IPO open for subscription?
The IPO will open on September 6, 2024, for QIB, NII, and Retail Investors. The IPO will close on September 10, 2024.
-
What is Vision Infra Equipment Solutions IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
-
What is Vision Infra Equipment Solutions Issue Size?
Vision Infra Equipment Solutions' issue size is ₹106.21 crores.
-
What is Vision Infra Equipment Solutions IPO Price Band?
Vision Infra Equipment Solutions IPO Price Band is ₹155 to ₹163.
-
What is Vision Infra Equipment Solutions IPO Lot Size?
The minimum bid is 800 Shares with ₹130,400.
-
What is the Vision Infra Equipment Solutions IPO Allotment Date?
Vision Infra Equipment Solutions IPO allotment date is September 11, 2024.
-
What is the Vision Infra Equipment Solutions IPO Listing Date?
Vision Infra Equipment Solutions IPO listing date is September 13, 2024. The IPO is to be listed on the NSE.
-
What is the current GMP of Vision Infra Equipment Solutions?
The current GMP of Vision Infra Equipment Solutions is 75.0 (46%).
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