Vision Infra Equipment Solutions Limited IPO And Its GMP IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 6, 2024 to September 10, 2024 |
| Listing Date | - |
| Face Value | ₹ 10 per share |
| Price Band | ₹ 155 to ₹ 163 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 65,16,000 shares (aggregating up to ₹ 106.21 Cr) |
| Fresh Issue | 65,16,000 shares (aggregating up to ₹ 106.21 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 1,73,00,000 |
| Share holding post issue | 2,38,16,000 |
| Market Maker portion | 3,36,000 shares |
About Vision Infra Equipment Solutions Limited IPO And Its GMP
Vision Infra Equipment is a solution provider in the equipment space delivering their services in airports, smart cities, irrigation, buildings & factories, mining, railways, etc. Their portfolio of services includes: renting of road construction equipment and trading and refurbishment of this equipment. The company offers several advantages, such as improved efficiency, cost control and a streamlined supply chain.
Their business of renting road construction equipment is executed in two rental modes based on:
- (i) “time-based pricing”
- (ii) “output-based pricing”.
Book Running Lead Manager:
- Hem Securities Limited
Registrar:
- Link Intime India Private Ltd
Vision Infra Equipment Solutions Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Company & Financials
Vision Infra Equipment Solutions Limited was founded in 2015 and provides services in the fields of airports, smart cities, irrigation, buildings and factories, mining, railroads, etc. The company's service portfolio includes the rental of road construction machines as well as the trade and reconditioning of these machines. Road construction machinery is rented out in two ways: (i) time-based pricing and (ii) output-based pricing. Under the time-based pricing model, customers pay for the equipment based on its use or period of use, which is primarily a fixed fee. In contrast, under output-based pricing, the customer pays for the service based on the results or outcomes achieved by the service provided. The company has a large fleet of equipment from major OEMs such as Wirtgen, Case, Luigong, Dynapac, Komatsu, Atlas Copco, Ashok Leyland, Bharat Benz, Eicher Motors, Volvo, Terex Power Screen, Caterpillar, Metro, BOMAG, etc., which is leased out to infrastructure companies.
Objectives of Vision Infra Equipment Solutions IPO
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objectives:
- 1. Funding Capital Expenditure towards the purchase of additional equipment
- 2. Funding to meet working capital requirements
- 3. General Corporate Purpose
Vision Infra Equipment Solutions IPO Review
The company is engaged in providing solutions for equipment needed for infrastructural works. It posted almost static top lines for the last three fiscals. The sudden boost in its bottom line for FY24 (consolidated numbers), the issue relatively appears fully priced. Well-informed investors may park funds for the long term.
Vision Infra Equipment Solutions Limited IPO And Its GMP Financial Information
Latest Revenue
₹ 20,718.23 Cr
Profit After Tax
₹ 1,544.98 Cr
Net Worth
₹ 1,730.00 Cr
Total Borrowing
₹ 20,664.02 Cr
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 30 Nov 2023 | 26,796.33 | 20,718.23 | 1,544.98 | 1,730.00 | 20,664.02 |
| 31 Mar 2023 | 24,743.86 | 36,889.54 | 918.85 | 3,000.37 | 15,145.70 |
| 31 Mar 2022 | 20,848.77 | 30,510.16 | 927.88 | — | 9,285.88 |
| Amount in ₹ Crore | |||||
IPO Estimated Listing Return
Based on the IPO Price of ₹163 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹75 and a lot size of 800 shares.
Vision Infra Equipment Solutions Limited IPO And Its GMP IPO GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-09-12 | ₹163 | ₹75.0 (46%) | 2024-09-12 |
Vision Infra Equipment Solutions Limited IPO And Its GMP Key Performance Indicator
| KPI | Values |
|---|---|
| - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.31 | 9.73 |
| P/E (x) | 30.69 | 16.75 |
Frequently Asked Questions
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Competitive Strengths
Vision Infra Equipment Solutions Limited IPO And Its GMP IPO Timeline
| IPO Open Date | Friday, September 6, 2024 |
| IPO Close Date | Tuesday, September 10, 2024 |
| Basis of Allotment | Wednesday, September 11, 2024 |
| Initiation of Refunds | Thursday, September 12, 2024 |
| Credit of Shares to Demat | Thursday, September 12, 2024 |
| Listing Date | Friday, September 13, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 10, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹ 1,30,400 |
| Retail (Max) | 1 | 800 | ₹ 1,30,400 |
| HNI (Min) | 2 | 1,600 | ₹ 2,60,800 |