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Open
4 Mar 2024
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Close
6 Mar 2024
3
Allotment
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Listing
Tue, Mar 12, 2024
Price Band
₹85 per share
Issue Size
24,00,000 shares (agg. up to ₹20 Cr)
Lot Size
1,600 Shares
Listing Date
Tue, Mar 12, 2024
Latest GMP
₹6
Est. Gain
7.06%
✦ AI Insight
GMP Trend
12-03-2024₹6Est. ₹91+7.06%
11-03-2024₹6Est. ₹91+7.06%
10-03-2024₹15Est. ₹100+17.65%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 89.94x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 61.18 | 43.28 | 49.21 | 54.79 |
| Total Income | 7.32 | 18.76 | 13.88 | 13.49 |
| Profit After Tax | 0.90 | 2.62 | 0.80 | 0.72 |
| NET Worth | 12.90 | 12.12 | 9.49 | 8.70 |
| Reserves and Surplus | 6.42 | 5.64 | 3.01 | 2.22 |
| Total Borrowing | 6.61 | 9.72 | 10.39 | 16.76 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Suraj Estate Developers Ltd. | Mainboard | ₹400.00 Cr | ₹360 | 35.64 | ₹334.50 | -7.08% | ₹199.58 (-0.05%) |
| Signatureglobal (India) Ltd. | Mainboard | ₹730.00 Cr | ₹385 | null | ₹458.55 | +19.10% | ₹793.15 (-5.65%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment into our subsidiary and part financing the construction of VR Vivanta | 15.00 |
| 2 | To Meet Working Capital Requirement | 3.50 |
| 3 | General Corporate Expenses | 1.40 |
About V R Infraspace IPO
Incorporated in December 2015, V R Infraspace Limited is a real estate development company primarily focused on constructing and developing residential and commercial projects in and around Vadodara, Gujarat. The company offers a range of luxurious, affordable residential buildings with various types of accommodations. Each building has security systems, sports and recreational facilities, play areas, and electricity backups. The company provides residential and commercial projects under the brand name "VR". V R Infraspace has completed residential projects named VR Celebrity Luxuria and VR Imperia and a commercial project named VR One Commercial Business Center. As of September 30, 2023, the Company reported a Consolidated Total Income of Rs. 732.41 Lakhs and Profit after tax of Rs. 89.54 Lakhs. The company's registered office is situated at Vadodara, Gujarat, India As of August 31st, 2023, the company has 9 employees at the construction site and registered office, including key management personnel.+ Read More
Contact Details
V R Infraspace Ltd. AddressNational Trade Center N.H.8Opp.L & TBapod NaVadodara, Gujarat, 390019+91- 9737118885info@vrinfraspace.comVisit Website