Vishnu Prakash R Punglia Limited
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Company Fin.
₹62(62.63%)
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Vishnu Prakash R Punglia Limited's successfully completed its Initial Public Offering and commenced trading on Sep 05, 2023 at the NSE, BSE exchange. The company raised 3,12,00,000 Shares through this public offering, comprising 3,12,00,000 Shares in fresh capital.
The IPO was priced within the band of ₹94 to ₹99, with minimum application lots of 150 shares. The offering attracted significant investor interest during its subscription period from Aug 24, 2023 to Aug 28, 2023.
Share allotment was finalized on Sep 01, 2023, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 1986, Vishnu Prakash R Punglia Limited is a construction and infrastructure development company working across 9 states and 1 union territory in India. The company executes engineering projects mainly in 4 segments – Water Supply Projects, Railway Projects, Road Projects and Irrigation Network Projects. VPRP is registered as a top-level contractor (Class AA / Class A / Class S) with multiple government departments and agencies across Rajasthan, Gujarat, Chhattisgarh, Madhya Pradesh and Military Engineering Services. Over the years, VPRP has grown significantly with large project awards, including a major Water Supply Project worth ₹4,332.90 million awarded in 2021.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mr. Vishnu Prakash Punglia
- Mr. Manohar Lal Punglia
- Mr. Sanjay Kumar Punglia
- Mr. Kamal Kishor Pungalia
- Mr. Ajay Pungalia
Vishnu Prakash R Punglia Limited
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