About Vision Infra Equipment Solutions LimitedFounded in 2015, Vision Infra Equipment Solutions Limited stands at the forefront of the equipment rental and refurbishment industry, providing cutting-edge solutions across various sectors including airports, smart cities, irrigation, construction, mining, and railways. Established to deliver high-quality equipment and services, their portfolio encompasses the rental of road construction machinery and the trading and refurbishment of these assets. They offer flexible rental options through two distinct pricing models: time-based and output-based. The time-based model is ideal for clients needing equipment for fixed durations, while the output-based model caters to those requiring payment based on results delivered, such as in road milling and crushing projects. Their extensive fleet includes top-tier machinery from renowned OEMs like Wirtgen, Case, Dynapac, Komatsu, and Caterpillar, among others. This impressive inventory allows us to serve a broad range of clients, including major infrastructure firms such as Larsen & Toubro, Ashoka Buildcon Ltd, and GMR Infraprojects Ltd. By renting out this sophisticated equipment, they offer their clients the advantage of accessing the latest technology without the long-term commitment of ownership, while also ensuring operational flexibility. As of November 30, 2023, their fleet comprises 326 road construction units, with a growing customer base expanding from approximately 65 in FY 2021 to around 90 in FY 2023. In addition to their rental services, they play a crucial role in the refurbishment and resale of second-hand road construction equipment. This process involves purchasing used machinery, refurbishing it to meet stringent safety and quality standards, and then reselling it. While they previously conducted refurbishments in-house, they are now outsourcing these activities to enhance efficiency. Their new refurbishment unit, located in Ambi, Pune, reflects their commitment to optimizing equipment performance and extending its lifecycle. In FY 2021, they refurbished and sold over 200 pieces of equipment, with this number growing to over 600 in FY 2023. As of late 2023, they have successfully refurbished and sold around 226 pieces of machinery. Operating from their head office in Pune, Maharashtra, Vision Infra Equipment Solutions Limited is dedicated to enhancing infrastructure development through expert equipment solutions. Their comprehensive service offering—including deployment, operation, and maintenance of road construction machinery—ensures high-quality results for their clients. As they continue to expand their operations and innovate their service delivery, they remain committed to meeting the evolving needs of the infrastructure sector and contributing to the successful realization of key development projects. Vision Infra Equipment Solutions Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:
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