V R Infraspace
V R Infraspace Info
Details about the V R Infraspace IPO. Opening Date of V R Infraspace is 04 Mar 24 and Closing Date is 06 Mar 24 . Face Value of Each share of V R Infraspace is ₹10 per share. Fixed price of V R Infraspace is ₹85. The Lot size of V R Infraspace is 1,600 shares. Total issue size of V R Infraspace IPO is ₹20.4 cr. Fresh Issue of V R Infraspace IPO is 20.4 cr. This is a Fixed Price Issue IPO. Expected to list on NSE SME. Share Holding Pre Issue of V R Infraspace is 6,480,000. Share Holding Post Issue of V R Infraspace is 8,880,000.
Business Summary
V R Infraspace is an integrated construction and real estate development company, focused primarily on construction and development of residential and commercial projects, in and around Vadodara, Gujarat.
V R Infraspace have developed projects catering to the middle income and high-income group. Company's residential apartment portfolio consists of various types of accommodation of varying sizes. Company have concentrated on developing luxury, yet affordable, housing in the residential segment.
V R Infraspace IPO Details
| Open Date | 04 Mar 24 |
|---|---|
| Close Date | 06 Mar 24 |
| Face Value | ₹10 per shares |
| Price | ₹85 |
| Lot Size | 1,600 Shares |
| Total issue Size | 2,400,000 Shares ₹20.4 cr |
| Fresh Issue | 2,400,000 Shares ₹20.4 cr |
| Issue Type | Fixed Price Issue |
| Listing At | NSE SME |
| Share Holding Pre Issue | 6,480,000 |
| Share Holding Post Issue | 8,880,000 |
| Market Maker | Spread X Securities |
| Market Maker Portion | 121,600 Shares |
| RHP , DHRP | View RHP, View DRHP |
V R Infraspace IPO Timeline
The V R Infraspace Initial Public Offering (IPO) is set to open on 04 Mar 24 and will end its subscription phase on 06 Mar 24. You can check your allotment status for V R Infraspace on 07 Mar 24. The refund process for your funds will start promptly on 11 Mar 24. V R Infraspace IPO credit of shares will be on 11 Mar 24. The listing date for V R Infraspace is on 12 Mar 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
V R Infraspace IPO Reservation
The V R Infraspace IPO reserves shares for different investor categories. Approximately 50% of the Net Issue will be available for NII, 50% of the Net Issue will be available for Retail,
121,600 Shares will be reserved for subscription by Spread X Securities
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the Net Issue |
| Retail | 50% of the Net Issue |
V R Infraspace IPO Lot Size
Bids can be made for minimum of 1600 shares and in multiple of 1600 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 136,000 |
| Retail (Max) | 1 | 1,600 | 136,000 |
| HNI (Min) | 2 | 3,200 | 272,000 |
V R Infraspace IPO Promoters Holding
Promoters holding details for V R Infraspace in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 72.97%.
Promoters of V R Infraspace are Mr. Vipul Devchand Rupareliya, Mrs. Sumitaben Vipulbhai Rupareliya,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | 72.97% |
V R Infraspace Financial Information
Financial performance details for V R Infraspace over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 6,117.91 | 4,328.38 | 4,920.59 | 5,479.2 |
| Revenue | 732.41 | 1,875.53 | 1,387.65 | 1,348.7 |
| Profit After Tax | 89.54 | 262.47 | 79.74 | 72.04 |
V R Infraspace IPO Key Performance Indicator
Key Performance Indicators (KPIs) for V R Infraspace are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 20.99 |
| ROCE | 6.12% |
| ROE | 7.16% |
| RoNW | 6.94% |
| EPS (Rs) | 4.05 |
Object of the Issue
- • Investment into the subsidiary namely M/s Daxon Realty (Formerly known as Narnarayan Enterprise)
- • To Meet Working Capital Requirement
- • General Corporate Purpose
Contact Details for V R Infraspace
Phone
Office
National Trade Center N. H. 8, Opp. L & T, Bapod Na Vadodara-390019, Gujarat, India.
Registrar Details for V R Infraspace
Link Intime India Private Ltd
Phone
Office
C-101, 1st Floor, 247 ParkL.B.S. Marg, Vikhroli West Mumbai 400 083, Maharashtra, India
Lead Manager
- • Beeline Capital Advisors Pvt Ltd