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Vision Infra Equipment IPO is a book build issue of ₹106.21 crores. The issue is entirely a fresh issue of 0.65 crore shares of ₹106.21 crore.
Vision Infra Equipment IPO bidding started from Sep 6, 2024 and ended on Sep 10, 2024. The allotment for Vision Infra Equipment IPO was finalized on Sep 11, 2024. The shares got listed on NSE SME on Sep 13, 2024.
Vision Infra Equipment IPO price band is set at ₹163.00 per share . The lot size for an application is 800. The minimum amount of investment required by an retail is ₹1,24,000 (800 shares). The minimum lot size investment for HNI is 2 lots (1,600 shares), amounting to ₹2,60,800.
Hem Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Hem Finlease Pvt.Ltd..
Refer to Vision Infra Equipment IPO RHP for detailed Information.
| IPO Date | September 6, 2024 to September 10, 2024 |
| Listing Date | September 13, 2024 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹155 to ₹163 per share |
| Issue Price Final | ₹163 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 65,16,000 shares (aggregating up to ₹106.21 Cr) |
| Reserved for Market Maker | 3,36,000 shares Hem Finlease Pvt.Ltd. (aggregating up to ₹5.48 Cr) |
| Net Offered to Public | 61,80,000 shares (aggregating up to ₹100.73 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,73,00,000 shares |
| Share Holding Post Issue | 2,38,16,000 shares |
Vision Infra Equipment Solutions IPO offers total 65,16,000 shares. Out of which 30,89,600 (47.42%) allocated to QIB, 12,36,000 (18.97%) allocated to QIB, 9,27,200 (14.23%) allocated to NII, 21,63,200 (33.20%) allocated to RII and 18,53,600 (28.45%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,36,000 (5.16%) |
| QIB Shares Offered | 30,89,600 (47.42%) |
| − Anchor Investor Shares Offered | 18,53,600 (28.45%) |
| − QIB (Ex. Anchor) Shares Offered | 12,36,000 (18.97%) |
| NII (HNI) Shares Offered | 9,27,200 (14.23%) |
| Retail Shares Offered | 21,63,200 (33.20%) |
| Total Shares Offered | 65,16,000 (100.00%) |
Vision Infra Equipment IPO raises ₹30.21 crore from anchor investors. Vision Infra Equipment IPO Anchor bid date is September 5, 2024. Vision Infra Equipment IPO Anchor Investors list
| Bid Date | September 5, 2024 |
| Shares Offered | 18,53,600 |
| Anchor Portion Size (In Cr.) | 30.21 |
| Anchor lock-in period end date for 50% shares (30 Days) | October 11, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | December 10, 2024 |
Vision Infra Equipment IPO opens on September 6, 2024, and closes on September 10, 2024.
| IPO Open Date | Fri, Sep 6, 2024 |
| IPO Close Date | Tue, Sep 10, 2024 |
| Tentative Allotment | Wed, Sep 11, 2024 |
| Initiation of Refunds | Thu, Sep 12, 2024 |
| Credit of Shares to Demat | Thu, Sep 12, 2024 |
| Tentative Listing Date | Fri, Sep 13, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Sep 10, 2024 |
Investors can bid for a minimum of 800 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,30,400 |
| Retail (Max) | 1 | 800 | ₹1,30,400 |
| HNI (Min) | 2 | 1,600 | ₹2,60,800 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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: Larsen & Toubro, Ashoka Buildcon Ltd, Afcons Infrastructure Ltd, NCC Ltd, GMR Infraprojects Ltd, Shapoorji Pallonji, Dilip Buildcon Ltd, Tata Projects Ltd, ITD Cementation India Limited, HG Infra Engineering Ltd, IRB Infra Developers Ltd, GR Infra Projects Ltd, etc. As of November 30, 2023, the company owned a fleet of 326 road construction machines.
As of March 31, 2024, the Company employed around 227 permanent employees and 763 contract employees, including administrative staff, operators, drivers, electricians, engineers, helpers, logistics mechanics, painters, supervisors, and welders, all of whom are required for operations.
| Period Ended | 31 Mar 2024 |
| Assets | 36,134 |
| Total Income | 34,965.58 |
| Profit After Tax | 2,668.89 |
| Net Worth | 2,346.31 |
| Reserves and Surplus | 616.31 |
| Total Borrowing | 26,427.66 |
| Amount in ₹ Lakhs | |
The market capitalization of Vision Infra Equipment IPO is ₹388.20 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 130.95% |
| ROCE | 28.29% |
| Debt/Equity | 11.26 |
| RoNW | 113.75% |
| PAT Margin | 8.02% |
| Price to Book Value | 12.02 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.31 | 9.73 |
| P/E (x) | 30.69 | 16.75 |
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
[Dilip Davda] 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 long term. Read detail review...
| Listing Date | September 13, 2024 |
| BSE Script Code | |
| NSE Symbol | VIESL |
| ISIN | INE0TR001017 |
| Final Issue Price | ₹163 per share |
| NSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹163.00 |
| Open | ₹205.00 |
| Low | ₹200.00 |
| High | ₹215.25 |
| Last Trade | ₹215.25 |
Vision Infra Equipment Solutions Ltd.
Shop No 401-405, Bhawani,
International BusinessBay, Bhavani Peth, Pune,
Pune City - 411042
Pune, Maharashtra
Phone: +91 (020) - 26440999
Email: info@visioninfraindia.com
Website: http://www.visioninfraindia.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: visioninfra.smeipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Vision Infra Equipment IPO is a SME IPO of 65,16,000 equity shares of the face value of ₹10 aggregating up to ₹106.21 Crores. The issue is priced at ₹163 per share. The minimum order quantity is 800.
The IPO opens on September 6, 2024, and closes on September 10, 2024.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Vision Infra Equipment IPO using UPI as a payment gateway. Zerodha customers can apply in Vision Infra Equipment IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vision Infra Equipment IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vision Infra Equipment IPO opens on September 6, 2024 and closes on September 10, 2024.
Vision Infra Equipment IPO lot size is 800, and the minimum amount required for application is ₹1,30,400.
You can apply in Vision Infra Equipment 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 Vision Infra Equipment IPO will be done on Wednesday, September 11, 2024, and the allotted shares will be credited to your demat account by Thursday, September 12, 2024. Check the Vision Infra Equipment IPO allotment status.
The Vision Infra Equipment IPO listing date is on Friday, September 13, 2024.
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