About the Vishnusurya Projects and Infra Limited IPO:
Incorporated in the year 1996, Vishnusurya Projects and Infra Limited is engaged in mining of rough stones and manufacturing of aggregates & Manufacture-sand by using Crushing Plants and Sand washing plants. In addition to mining activities, we are engaged in EPC Projects (construction and infrastructure) delivered across all key sectors such as water, transportation, rail, resource, and institutional development.
Business verticals of the Company are broadly divided into the following categories: 1.Engineering, Procurement, and Construction (EPC): 2. Mining of aggregates and production of manufactured sand 3.Drones or unarmed aerial vehicles
The company has obtained Class I contractor accreditation from various government departments and agencies, including the Greater Chennai Corporation, Government of Tamil Nadu Water Resources Department, and Tamil Nadu Water Supply and Drainage Board, among others. This accreditation allows them to participate in and undertake projects from various government bodies.
Now, Vishnusurya Projects and Infra Limited is coming out with its initial public offer (IPO).The Company intends to utilise the proceeds of the Issue to meet the following objects: 1. Funding of working capital requirements of our Company 2. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company 3. General Corporate Purposes
Here are key details about the Vishnusurya Projects and Infra Limited IPO:
Company Name |
Vishnusurya Projects and Infra Limited |
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Company Type |
Private |
IPO Type |
SME |
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Vishnusurya Projects and Infra Limited IPO Opening Date |
29 September 2023 |
Vishnusurya Projects and Infra Limited IPO Closing Date |
5 October 2023 |
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Vishnusurya Projects and Infra Limited IPO Allotment Status |
10 October 2023 |
Credit of Shares to the Demat Account |
10 October 2023 |
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Vishnusurya Projects and Infra Limited IPO Listing Date |
10 October 2023 |
Vishnusurya Projects and Infra Limited IPO Face Value |
₹ 10 per share |
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Vishnusurya Projects and Infra Limited IPO Lot Size |
2000 shares |
Vishnusurya Projects and Infra Limited IPO Issue Size |
₹ 49.98 crore |
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Vishnusurya Projects and Infra Limited IPO to be Listed on |
NSE SME |
Vishnusurya Projects and Infra Limited IPO Price band |
₹ 68 per share |
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