VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (2024)

July 23, 2024 - July 25, 2024

  • IPO Details
  • Docs
  • Reviews
  • Subscription
  • Calculator
  • News
  • GMP
  • Allotment
  • BoA
  • Messages

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (4)

VVIP Infratech IPO is a book built issue of Rs 61.21 crores. The issue is entirely a fresh issue of 65.82 lakh shares.

VVIP Infratech IPO bidding started from July 23, 2024 and ended on July 25, 2024. The allotment for VVIP Infratech IPO was finalized on Friday, July 26, 2024. The shares got listed on BSE SME on July 30, 2024.

VVIP Infratech IPO price band is set at ₹91 to ₹93 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹111,600. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹223,200.

Share India Capital Services Private Limited is the book running lead manager of the VVIP Infratech IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market maker for VVIP Infratech IPO is Share India Securities.

Refer to VVIP Infratech IPO RHP for detailed information.

VVIP Infratech IPO Details

IPO DateJuly 23, 2024 to July 25, 2024
Listing DateJuly 30, 2024
Face Value₹10 per share
Price Band₹91 to ₹93 per share
Lot Size1200 Shares
Total Issue Size6,582,000 shares
(aggregating up to ₹61.21 Cr)
Fresh Issue6,582,000 shares
(aggregating up to ₹61.21 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Share holding pre issue18,387,700
Share holding post issue24,969,700
Market Maker portion338,400 shares
Share India Securities

VVIP Infratech IPO Reservation

VVIP Infratech IPO offers 6,582,000 shares. 1,248,000 (18.96%) to QIB, 937,200 (14.24%) to NII, 2,186,400 (33.22%) to RII and 1,872,000 (28.44%) to Anchor investors.

Investor Category Shares Offered
Anchor Investor Shares Offered1,872,000 (28.44%)
Market Maker Shares Offered338,400 (5.14%)
QIB Shares Offered1,248,000 (18.96%)
NII (HNI) Shares Offered937,200 (14.24%)
Retail Shares Offered2,186,400 (33.22%)
Total Shares Offered6,582,000 (100%)

VVIP Infratech IPO Anchor Investors Details

VVIP Infratech IPO raises Rs 17.41 crore from anchor investors. VVIP Infratech IPOAnchor bid date is July 22, 2024.VVIP Infratech IPOAnchor Investors list

Bid DateJuly 22, 2024
Shares Offered1,872,000
Anchor Portion Size (In Cr.)17.41
Anchor lock-in period end date for 50% shares (30 Days)August 25, 2024
Anchor lock-in period end date for remaining shares (90 Days)October 24, 2024

VVIP Infratech IPO Timeline (Tentative Schedule)

VVIP Infratech IPO opens on July 23, 2024, and closes on July 25, 2024.

IPO Open DateTuesday, July 23, 2024
IPO Close DateThursday, July 25, 2024
Basis of AllotmentFriday, July 26, 2024
Initiation of RefundsMonday, July 29, 2024
Credit of Shares to DematMonday, July 29, 2024
Listing DateTuesday, July 30, 2024
Cut-off time for UPI mandate confirmation5 PM on July 25, 2024

VVIP Infratech IPO Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. Thebelow table depicts the minimum and maximum investment by retail investors and HNI in terms ofshares and amount.

ApplicationLotsSharesAmount
Retail (Min)11200₹111,600
Retail (Max)11200₹111,600
HNI (Min)22,400₹223,200
Lot Size Calculator

VVIP Infratech IPO Promoter Holding

Mr. Praveen Tyagi, Mr. Vaibhav Tyagi, and Mr. Vibhor Tyagi are the company's promoters.

Share Holding Pre Issue92.34%
Share Holding Post Issue

About VVIP Infratech Limited

VVIP Infratech Limited, originally incorporated as Vibhor Builders Private Limited, is an infrastructure company established in 2001.

The company mainly works on projects in Uttar Pradesh, Uttarakhand, NCR Delhi, and other northern parts of India. It is a Class 'A' civil and electrical contractor with more than two decades of experience in the execution and construction of infrastructure projects like sewerage, sewage treatment plants, water tanks, water treatment plants, sector development works, power distribution and substations up to 33 kVA, Jal Jeewan Mission etc.

As of September 30, 2023, the company had a total of 466 employees.

VVIP Infratech Limited Financial Information (Restated Consolidated)

VVIP Infratech Limited's revenue increased by 35.77% and profit after tax (PAT) rose by 52.56% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets26,319.6724,158.5826,624.58
Revenue28,588.3121,056.2818,526.04
Profit After Tax2,071.231,357.66452.96
Net Worth11,061.178,639.666,803.50
Reserves and Surplus9,222.408,579.136,742.97
Total Borrowing4,431.983,598.396,679.88
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of VVIP Infratech IPO is Rs 232.22 Cr.

KPI as of March 31, 2024.

KPIValues
ROE21.36%
ROCE19.00%
Debt/Equity0.4
RoNW18.73%
P/BV0.87
PAT Margin (%)7.31

Check VVIP Infratech IPO Peer Comparison here.

Pre IPOPost IPO
EPS (Rs) 11.268.29
P/E (x) 8.2611.21

Note:

  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latestFY earnings as of March 31, 2024 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FYearnings of March 31, 2024 that is available in RHP.

Objects of the Issue (VVIP Infratech IPO Objectives)

The company intends to utilize the proceeds of the Issue to meet the following objectives:

  1. Capital Expenditure
  2. Working Capital Requirement
  3. General Corporate Purpose
  4. Issue Expense

VVIP Infratech IPO Review (May apply)

[Dilip Davda] The company is engaged in infrastructure activities with major focus on STP related services. It posted growth in its top and bottom lines for the reported periods and has order book worth Rs. 477+ cr. as of March 31, 2024. Based on FY24 super earnings the issue appears fully priced. It is operating in a highly competitive and fragmented segment. Well-informed investors may park moderate funds for medium term. Read detail review...

VVIP Infratech IPO Subscription Status (Bidding Detail)

The VVIP Infratech IPO is subscribed 236.92 times on July 25, 2024 6:19:07 PM. The public issue subscribed 181.73 times in the retail category, 168.45 times in the QIB category, and 456.82 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB168.45
NII456.82
Retail181.73
Total236.92

Total Application : 207,834 (114.07 times)

VVIP Infratech IPO Prospectus

VVIP Infratech IPO Rating

2

5.0

Rating:VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (5)

Vote Here ...

  • 1
  • 2
  • 3
  • 4
  • 5

VVIP Infratech IPO Listing Details

Listing DateJuly 30, 2024
BSE Script Code544219
NSE Symbol
ISININE0MNP01016
Final Issue Price₹93 per share

Pre-Open Session - BSE

VVIP Infratech Limited Contact Details

VVIP Infratech Limited
Fifth Floor, VVIP Style,
Nh-58 Raj Nagar Extension,
Ghaziabad - 201017
Phone: +91 9990060123
Email: cs@vvipinfra.com
Website: http://www.vvipinfra.com/

VVIP Infratech IPO Registrar

Maashitla Securities Private Limited

Phone: +91-11-45121795-96
Email: Investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues

VVIP Infratech IPO - Buy or Not

VVIP Infratech IPO Recommendation Summary

Review BySubscribeNeutralAvoid
Brokers100
Members000

Read All ReviewsPost Your Review Manage Reviews

VVIP Infratech IPO Lead Manager(s)

  1. Share India Capital Services Private Limited (Past IPO Performance)

Lead Manager Reports

  • IPO Lead Manager Performance Summary
  • IPO Lead Manager PerformanceTracker

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (6)

VVIP Infratech IPO FAQs

VVIP Infratech IPO is a SME IPO of 6,582,000 equity shares of the face value of ₹10 aggregating up to ₹61.21 Crores. The issue is priced at ₹91 to ₹93 per share. The minimum order quantity is 1200 Shares.

The IPO opens on July 23, 2024, and closes on July 25, 2024.

Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in VVIP Infratech IPO using UPI as a payment gateway. Zerodha customers can apply in VVIP Infratech IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in VVIP Infratech IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'VVIP Infratech IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The VVIP Infratech IPO opens on July 23, 2024 and closes on July 25, 2024.

VVIP Infratech IPO lot size is 1200 Shares, and the minimum amount required is ₹111,600.

You can apply in VVIP Infratech IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for VVIP Infratech IPO will be done on Friday, July 26, 2024, and the allotted shares will be credited to your demat account by Monday, July 29, 2024. Check the VVIP Infratech IPO allotment status.

The VVIP Infratech IPO listing date is on July 30, 2024.

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (7)

VVIP Infratech IPO Message Board

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (8)Ranked Members | Members with Most Likes

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (9)

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (10)Check Messages by Ranked Members

Find VVIP Infratech IPO Latest Update

  • VVIP Infratech IPO Review
  • VVIP Infratech IPO Live Subscription
  • VVIP Infratech IPO Live News
  • VVIP Infratech IPO Allotment Status
  • VVIP Infratech IPO Basis of Allotment Document
  • VVIP Infratech IPO FAQs

Useful Articles

  • Top 10 Discount Brokers | Top 10 Full-Service Brokers
  • HUF Account Basics Explained (Bank, Demat and TradingAccount)
  • List of All Articles...

Compare IPOs with VVIP Infratech IPO

  • S A Tech Software India IPO vs VVIP Infratech IPO
  • Aprameya Engineering IPO vs VVIP Infratech IPO
  • Manglam Infra And Engineering IPO vs VVIP Infratech IPO
  • Chetana Education IPO vs VVIP Infratech IPO
  • Clinitech Laboratory IPO vs VVIP Infratech IPO
  • V.L.Infraprojects IPO vs VVIP Infratech IPO
  • RNFI Services IPO vs VVIP Infratech IPO
  • Macobs Technologies IPO vs VVIP Infratech IPO
  • Kataria Industries IPO vs VVIP Infratech IPO
  • SAR Televenture FPO vs VVIP Infratech IPO

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (11)
By Popular Stock Brokers

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (12)Zerodha

Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O

Open Instant Account

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (13)AngelOne

Free Equity Delivery
Flat ₹20 Per Trade in F&O

Open FREE Demat Account

Motilal Oswal

30 days brokerage free trading
Free - Personal Trading Advisor

Open Account

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (14)Kotak Securities
(Trade Free Plan)

FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O

Open Online Demat Account

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (15)Upstox

FREE Account Opening
Flat ₹20 Per Trade

Enquire Now

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (16)ProStocks

Unlimited @ ₹899/month
Rs 0 Demat AMC

Open FREE Account

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (17)Fyers

Free Eq Delivery Trades
Flat ₹20 Per Trade in F&O

Open Instant Account

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (18)Paytm Money

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (19)

Pay ₹0 brokerage for first 10 days

Flat ₹20 Per Trade

Open Instant Account Now!

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (20)

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review (2024)

FAQs

VVIP Infratech IPO Details - IPO Date, Price, GMP, Analysis & Review? ›

IPO Grey Market Premium (GMP)

Example: If the IPO issue price is Rs 500 and the GMP is Rs 150, the listing is likely to be at Rs 650 (30% gain). If the premium is low or negative, investors may be uncertain whether the stock will be successful after the listing and expect the listing to be at a discount.

How do you calculate IPO listing price from GMP? ›

IPO Grey Market Premium (GMP)

Example: If the IPO issue price is Rs 500 and the GMP is Rs 150, the listing is likely to be at Rs 650 (30% gain). If the premium is low or negative, investors may be uncertain whether the stock will be successful after the listing and expect the listing to be at a discount.

What is GMP price in IPO? ›

What is GMP? Grey market premium or GMP is a premium amount paid at which initial public offering (IPO) shares are traded before it is listed on the stock exchanges. For instance, LIC fixes its IPO price at Rs 90 per share and its IPO GMP is 50, then the organisation will get listed at Rs 140.90.

Is GMP a good indicator for IPO? ›

GMP functions as a key indicator of how the IPO may perform in the market. However, it's important to note that the grey market operates independently of the official stock exchange and is not regulated.

How much IPO subscription is good? ›

Most good IPOs get heavily over-subscribed in the range of 300 to 1000 times under the NII category (HNI) and 15 to 30 times in the retail category by application. The oversubscription also depends on the demand in the grey market. Higher demand for an IPO in the grey market usually leads to higher oversubscribed.

What is the formula for IPO price? ›

The Company's share price at the time of the IPO is determined by the valuation of the Company, divided by the total number of shares at listing.

How do you get the IPO price? ›

The IPO price is identified and set by the underwriters of participating in the offering. In small IPOs, the offering price can be determined by a bookrunner. A bookrunner is a main underwriting investment bank that leads and directs the offering of a company's stock.

References

Top Articles
Latest Posts
Recommended Articles
Article information

Author: Margart Wisoky

Last Updated:

Views: 5821

Rating: 4.8 / 5 (58 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Margart Wisoky

Birthday: 1993-05-13

Address: 2113 Abernathy Knoll, New Tamerafurt, CT 66893-2169

Phone: +25815234346805

Job: Central Developer

Hobby: Machining, Pottery, Rafting, Cosplaying, Jogging, Taekwondo, Scouting

Introduction: My name is Margart Wisoky, I am a gorgeous, shiny, successful, beautiful, adventurous, excited, pleasant person who loves writing and wants to share my knowledge and understanding with you.