Vishnusurya Projects and Infra Limited Logo

Vishnusurya Projects and Infra Limited

VISHNUINFR

68-68

per share
Bidding Dates
29-5 Oct
Min. Investment
₹1,36,000.00
Lot Size
2000 shares
Issue Size
₹49.9799999 Cr
IPO Timeline
Bidding starts
29 Sep ‘23
Bidding ends
05 Oct ‘23
Allotment finalisation*
09 Oct ‘23
Refund initiation*
10 Oct ‘23
Demat transfer
10 Oct ‘23
Listing
10 Oct ‘23
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

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      Company Type Private
 IPO Type SME   Vishnusurya Projects and Infra Limited IPO Opening Date 29 September 2023
Vishnusurya Projects and Infra Limited IPO Closing Date 5 October 2023   Vishnusurya Projects and Infra Limited  IPO Allotment Status 10 October 2023
Credit of Shares to the Demat Account 10 October 2023   Vishnusurya Projects and Infra Limited IPO Listing Date 10 October 2023 
Vishnusurya Projects and Infra Limited IPO Face Value ₹ 10 per share   Vishnusurya Projects and Infra Limited IPO Lot Size 2000 shares
Vishnusurya Projects and Infra Limited IPO Issue Size  ₹ 49.98 crore   Vishnusurya Projects and Infra Limited IPO to be Listed on NSE SME
Vishnusurya Projects and Infra Limited IPO Price band   ₹ 68 per share      

 

IPO analysis

Registrar information
Name
Cameo Corporate Services Limited
Phone number
+91-44-28460390
Email ID
priya@cameoindia.com

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