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Open
29 Sep to 5 Oct, 2023
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Close
29 Sep to 5 Oct, 2023
3
Allotment
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Listing
Tue, Oct 10, 2023
Price Band
₹68 per share
Issue Size
73,50,000 shares (agg. up to ₹50 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Oct 10, 2023
Latest GMP
₹7
Est. Gain
10.29%
✦ AI Insight
GMP Trend
10-10-2023₹7Est. ₹75+10.29%
09-10-2023₹7Est. ₹75+10.29%
08-10-2023₹8Est. ₹76+11.76%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 40.24x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 121.05 | 118.49 | 95.95 |
| Total Income | 133.26 | 96.04 | 63.39 |
| Profit After Tax | 17.37 | 21.59 | 2.29 |
| NET Worth | 59.52 | 41.56 | 35.74 |
| Reserves and Surplus | 50.44 | 36.60 | 30.78 |
| Total Borrowing | 36.25 | 34.89 | 14.72 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Chavda Infra Ltd. | SME | ₹43.26 Cr | ₹65 | 9.72 | ₹86.45 | +33.00% | ₹105.00 (-0.24%) |
| Vishnu Prakash R.Punglia Ltd. | Mainboard | ₹308.61 Cr | ₹99 | 13.61 | ₹145.70 | +47.17% | ₹25.40 (-1.86%) |
| Udayshivakumar Infra Ltd. | Mainboard | ₹66.00 Cr | ₹35 | 9.67 | ₹31.50 | -10.00% | ₹22.06 (-0.04%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 30.00 |
| 2 | Repayment / Prepayment, in part or full, of certain outstanding borrowings availed by the Company; and | 9.15 |
| 3 | General Corporate Purposes | 3.84 |
About Vishnusurya Projects IPO
Incorporated in 1996, Vishnusurya Projects and Infra Limited is engaged in the mining of rough stones and manufacturing of aggregates and manufacture-sand by using Crushing Plants and Sand washing plants. The company has three business verticals: Engineering, Procurement, and Construction (EPC): The company offers a diverse range of capabilities in property development and the realty industry such as Commercial and Mixed Development Construction, IT and Institutional Space, Retail (Malls), Offices, Industrial Parks, Residential Projects, Luxury Villas, Resorts, Factories and Warehouses, Stadiums, Exhibition and Convention Centres, Entertainment, Industrial Construction, and Brownfield Development. Mining of aggregates and production of manufactured sand: The Company owns and operates two quarries in Tamil Nadu, India. The first blue metal mining quarry and crushing facility is spread over 105 acres at Aruppukottai, Virudhunagar District, Tamil Nadu. This facility handles the entire rock breaking and rock auguring operations and the crushing machine here is capable of producing an output of 250 tonnes per hour and 100 tonnes of sand washing at a given point in time. The second aggre
Contact Details
Vishnusurya Projects & Infra Ltd. Address2 nd Floor, Qbas Temple TowerNo.76/25, North Mada StreetMylaporeChennai, Tamil Nadu, 600004+91 44 2495 0019cs@vishnusurya.comVisit Website