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V.L.Infraprojects Limited
Issue Size (Net)
up to Rs.18.36 Cr
Price Band
Rs. 39 to Rs. 42
Issue Opens
July 23, 2024
Issue Closes
July 25, 2024

Company Highlights

1.Company Information


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.

2. Objects of the Issue


1. To Meet Working Capital Requirements; and
2. General Corporate Expenses

3. Skyline Financial Services Private Ltd

Phone: 02228511022

Email: ipo@skylinerta.com

Website: https://www.skylinerta.com/ipo.php

V.L.Infraprojects Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-24
5691.39
11400.05
614.01
1636.01
505.76
1654.81
31-Mar-23
2836.24
4565.14
222.66
1022.00
268.50
999.02
31-Mar-22
1955.40
3560.70
110.58
730.84
456.84
1003.52
Amount in Rs. Lakhs

V.L.Infraprojects IPO Details

Issue Opening Date
July 23, 2024
Issue Closing Date
July 25, 2024
Face Value
Rs.10 per share
Price
Rs.39 to Rs.42 per share
Lot Size
3000 Shares
Issue Size
4,410,000 shares(aggregating up to Rs.18.52 Cr)
Fresh Issue
4,410,000 shares(aggregating up to Rs.18.52 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME

V.L.Infraprojects IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Tuesday, July 23, 2024
Closing Date
Thursday, July 25, 2024
Basis of Allotment
Friday, July 26, 2024
Initiation of Refunds
Monday, July 29, 2024
Credit of Shares to Demat
Monday, July 29, 2024
Listing Date
Tuesday, July 30, 2024
Cut-off time for UPI mandate confirmation
5 PM on July 25, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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