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Vishnusurya Projects and Infra IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Chennai and caters to Engineering - EPC sector. Khandwala Securities is the merchant banker of Vishnusurya Projects and Infra IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th August 2023.
Vishnusurya Projects and Infra IPO open date is 29th September 2023 and close date is 5th October 2023. IPO Allotment Date is 9th October 2023 and Listing date is 10th October 2023.Vishnusurya Projects and Infra IPO size is Rs 49.98 Cr. crores with IPO price of Rs 68.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Khandwala Securities Limited is the book-running lead manager of the Vishnusurya Projects and Infra IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Vishnusurya Projects and Infra IPO.
Vishnusurya Projects and Infra IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Vishnusurya Projects and Infra IPO, based in Chennai, operates in the Engineering - EPC sector with a focus on construction experts, service providers, contractors, suppliers.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Vishnusurya Projects and Infra IPO size is ₹ 49.98 Cr. Crores with fresh issue size of Rs 49.98 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Vishnusurya Projects and Infra IPO is expected to be 9th October 2023, after the finalization of basis of allotment. Investors can check Vishnusurya Projects and Infra IPO allotment status on the registrars website, Cameo Corporate Services Limited. Vishnusurya Projects and Infra IPO refund dates are 10th October 2023.
Vishnusurya Projects and Infra IPO is expected to be listed on 10th October 2023.
The upper price band for the Vishnusurya Projects and Infra IPO is set at ₹ 68.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Vishnusurya Projects and Infra IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Vishnusurya Projects and Infra IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th October 2023. After submission, funds are blocked until the basis of allotment of Vishnusurya Projects and Infra IPO is finalised.
The merchant banker for Vishnusurya Projects and Infra IPO is Khandwala Securities Limited . Khandwala Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Vishnusurya Projects and Infra IPO RHP for further details.
The registrar for Vishnusurya Projects and Infra IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Vishnusurya Projects and Infra IPO through their official website or helpline.
Vishnusurya Projects and Infra IPO was subscribed 44.11 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 49.98 Cr.
Avg IPO Size (Sector Based)
:
₹ 31.62 Cr.
Sector: Engineering - EPC
SME IPO so far:
20
Merchant Banker:
Khandwala Securities
SME IPO by BRLM so far:
47
City:
Chennai
SME IPO so far:
30
Revenue (annualised):
₹ 132.37 cr.
PE
Ratio:
9.63x
Average Sector PE Ratio: 13.10x
Vishnusurya Projects and Infra IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Vishnusurya Projects and Infra Financial Review Page
Merchant Banker(s) of Vishnusurya Projects and Infra IPO: Khandwala Securities Limited
Vishnusurya Projects and Infra IPO subscription was 44.11 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Vishnusurya Projects and Infra IPO listed at a listing price of 76.65 against the offer price of 68.00.
The current market price of Vishnusurya Projects and Infra is 181.35.
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