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Vishnusurya Projects and Infra Limited
Issue Size (Net)
up to Rs.49.98 Cr
Price Band
Rs.68 per share
Issue Opens
September 29, 2023
Issue Closes
October 4, 2023

Company Highlights

1.Company Information

manufacturing of aggregates and manufacture-sand by using Crushing Plants and Sand washing plants.

The company has three business verticals:

1.Engineering, Procurement, and Construction (EPC): The company offers a diverse range of capabilities in property development and the realty industry such as Commercial and Mixed Development Construction, IT and Institutional Space, Retail (Malls), Offices, Industrial Parks, Residential Projects, Luxury Villas, Resorts, Factories and Warehouses, Stadiums, Exhibition and Convention Centres, Entertainment, Industrial Construction, and Brownfield Development.

2.Mining of aggregates and production of manufactured sand: The Company owns and operates two quarries in Tamil Nadu, India. The first blue metal mining quarry and crushing facility is spread over 105 acres at Aruppukottai, Virudhunagar District, Tamil Nadu. This facility handles the entire rock breaking and rock auguring operations and the crushing machine here is capable of producing an output of 250 tonnes per hour and 100 tonnes of sand washing at a given point in time. The second aggregates and manufactured sand unit is located in Vandavasi, Tiruvannamalai District, Tamil Nadu. This facility is equipped with a crushing machine capable of handling 350 tonnes and 150 tonnes of sand washing at a given point in time. The facility is located 100 km from Chennai.

3.Drones or unarmed aerial vehicles The company has been accredited as a Class I contractor with various departments and agencies viz. (1) Greater Chennai Corporation (GCC), (2) Government of Tamil Nadu Water Resources Department, (3) Tamil Nadu Water Supply and Drainage Board, and (4) Highways Departments pursuant to which the company is eligible to participate and undertake projects awarded by various other departments and agencies.

2. Objective of the Issue
The Company proposes to utilize the Net Proceeds towards funding the following objects:

1. Funding of working capital requirements of the Company.
2. Repayment / Prepayment, in part or full, of certain outstanding borrowings availed by the Company.
3. General Corporate Purposes.

3.Vishnusurya Projects and Infra IPO Registrar
Cameo Corporate Services Limited

Phone: +91-44-28460390

Email: ipo@maashitla.com

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

Vishnusurya Projects and Infra IPO Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-21
9594.72
6339.33
229.18
3573.72
3078.32
1472.32
31-Mar-22
11849.39
9603.62
2158.97
4155.88
3660.48
3489.49
31-Mar-23
12105.28
13326.06
1736.64
5952.39
5043.99
3625.24
Amount in Rs. Lakhs

Vishnusurya Projects and Infra IPO Details

Issue Opening Date
September 29, 2023
Issue Closing Date
October 4, 2023
Face Value
Rs.10 per share
Price
Rs.68 per share
Lot Size
2000 Shares
Issue Size
7,350,000 shares (aggregating up to Rs.49.98 Cr)
Fresh Issue
7,350,000 shares (aggregating up to Rs.49.98 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
NSE SME
Share holding pre issue
17259671
Share holding post issue
24609671
Market Maker portion
370,000 sharesNikunj Stock Brokers

Vishnusurya Projects and Infra IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Friday, September 29, 2023
Closing Date
Wednesday, October 4, 2023
Basis of Allotment
Monday, October 9, 2023
Initiation of Refunds
Tuesday, October 10, 2023
Credit of Shares to Demat
Wednesday, October 11, 2023
Listing Date
Thursday, October 12, 2023
Cut-off time for UPI mandate confirmation
5 PM on October 4, 2023

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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