Vishnu Surya Projects & Infra Limited

Offer PeriodSep 29, 2023 – Oct 05, 2023

Sep 29, 2023 – Oct 05, 2023

NSE - SMEListed

Listed Price:

₹73.00

(+7.35%)

Price Band₹68 - ₹68

Lot Size2,000 Shares

Allotment DateOct 09, 2023

Listing DateOct 10, 2023

Subscription40.03 Times

Issue Size₹50.00 Cr

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Vishnu Surya Projects & Infra Limited's completed its IPO journey with a successful listing on NSE on Oct 10, 2023. The public offering mobilized 73,52,942 Shares in total capital, comprising 73,52,942 Shares in fresh equity.

The offering was conducted within the price band of ₹68 to ₹68, with minimum application lots of 2000 shares. Investor participation during the Sep 29, 2023 to Oct 05, 2023 subscription window determined the final allocation pattern.

The basis of allotment was announced on Oct 09, 2023, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Vishnu Surya IPO Details

IPO Date

Sep 29, 2023 to Oct 05, 2023

Allotment Date

Oct 09, 2023

List Date

Oct 10, 2023

Lot Size

2,000 share

Issue Price

₹68 - ₹68

Issue Size

73,52,942 (aggregating up to 50.00 Cr)

Fresh Issue

73,52,942 (aggregating up to 50.00 Cr)

Offer For Sale

Listing At

NSE

Share Holding Pre-Issue

1,72,59,671

Share Holding Post-Issue

2,46,12,613

Market Marker Portion

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

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.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	2000	1,36,000
HNI	2	4000	2,72,000

IPO Reservation

Shares73,50,000

Market Maker

5.03%(3,70,000)

NII (HNI)

47.48%(34,90,000)

RETAIL

47.48%(34,90,000)

Total

100.00%(73,50,000)

Vishnu Surya IPO Key Performance Indicators

Learn About IPO KPIs →

KPI	Values

KPI	Values
EPS	25.30
ROE	27.86
ROCE	31.22
RONW	27.86
PRE IPO(PE)	2.69
POST IPO(PE)	9.63

Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).

Company Financials (In Lakhs)

Period Ended	Mar 2021	Mar 2022	Mar 2023

Period Ended	Mar 2021	Mar 2022	Mar 2023
Assets	9,594.72	11,849.39	12,105.28
Revenue	6,339.33	9,603.62	13,326.06
Net Worth	3,573.72	4,155.88	5,952.39
Total borrowing	1,472.32	3,489.49	3,625.24
Profit after tax	229.18	2,158.97	1,736.64
Reserves and Surpluses	3,078.32	3,660.48	5,043.99

Vishnu Surya IPO About Company

Incorporated in 1996, Vishnusurya Projects and Infra Limited is engaged in mining rough stones, manufacturing aggregates, and producing manufactured sand using crushing and sand-washing plants. The company operates through three business verticals: Engineering, Procurement, and Construction (EPC), offering services in commercial, residential, industrial, and infrastructure projects; mining and production of aggregates and manufactured sand from two quarries in Tamil Nadu with high-capacity crushing and sand-washing facilities; and drones or unarmed aerial vehicles. Vishnusurya Projects is accredited as a Class I contractor with agencies including Greater Chennai Corporation, Tamil Nadu Water Resources Department, Tamil Nadu Water Supply and Drainage Board, and Highways Departments, enabling participation in various government and private projects.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Vishnu Surya IPO Strength Factors

⚠️Vishnu Surya IPO Risk Factors

🏦Vishnu Surya IPO Lead Manager(s)

Khandwala Securities Limited

👤Vishnu Surya IPO Promoter(s)

Bhavani Jayaprakash

🏢Vishnu Surya IPO Company Details

Vishnu Surya Projects & Infra Limited

Email:cs@vishnusurya.com

Phone:+91 44 2495 0019

Website:https://www.vishnusurya.com/

address:2 nd Floor, Qbas Temple Tower, No. 76/25, North Mada Street, Mylapore, Chennai - 600 004

📋Vishnu Surya IPO Registrar

Cameo Corporate Services Limited

Name:Cameo Corporate Services Limited

Phone:+91-44-28460390

Email:priya@cameoindia.com

Website:https://ipo.cameoindia.com/

❓Vishnu Surya IPO FAQs

Vishnu Surya IPO is a main-board IPO of 73,52,942 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹68 - ₹68 per share. The minimum order quantity is .The IPO opens on Sep 29, 2023, and closes on Oct 05, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE.

Zerodha customers can apply online in Vishnu Surya IPO using UPI as a payment gateway. Zerodha customers can apply in Vishnu Surya IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Vishnu Surya 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 'Vishnu Surya 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 Vishnu Surya IPO opens on Sep 29, 2023 and closes on Oct 05, 2023.

You can apply in Vishnu Surya IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Vishnu Surya IPO will be done on Oct 09, 2023, and the allotted shares will be credited to your demat account by Oct 09, 2023

Vishnu Surya IPO's listing date is Oct 10, 2023.

Vishnu Surya Projects & Infra Limited

IPO Details

Subscription

Lot Distribution

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Company Fin.

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Premium (ELP)

₹0
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