V.L.Infraprojects Limited

About V.L. Infraprojects Limited  V.L. Infraprojects Limited, originally incorporated as \V.L. Infraprojects Private Limited\ under the Companies Act, 2013, received its certificate of incorporation on December 19, 2014, in Gujarat. In August 2023, it transitioned to a public limited company under the name \V.L. Infraprojects Limited.\ Founded by Mr. Rajagopal Reddy Annam Reddy, our company benefits from over 45 years of experience from our promoters and senior management.  As a Government Approved Contractor in various states, we specialize in water infrastructure projects, encompassing design, construction, and commissioning. With a strong focus on quality and safety, we hold ISO certifications and have successfully executed numerous projects across multiple states. Currently, we are managing 15 projects valued at approximately ₹33,880.94 Lakhs as of July 13, 2024. Our vision is to excel in the Engineering and Construction Industry by prioritizing customer satisfaction and fostering innovation and collaboration at all levels.  Global economic activity is experiencing continued softening due to tight monetary policies, restrictive financial conditions, and sluggish global trade growth. Following significant slowdowns in recent years, global output is expected to decelerate further in 2024, marking the third consecutive year of decline. Geopolitical risks heightened by recent Middle East conflict have added to uncertainty in commodity markets, potentially impacting global growth. Inflation, though decreasing from peaks, remains above target in most advanced economies and many inflation-targeting emerging markets.  Monetary policies in advanced economies are expected to remain restrictive in the near-term, maintaining elevated real interest rates. Global trade growth is anticipated to improve modestly in 2024, driven by recovery in demand for goods. Despite recent volatility in commodity prices, influenced by geopolitical events, global growth forecasts suggest a challenging economic environment through 2024, with a slight improvement anticipated in 2025 as inflation moderates and trade activity strengthens.  V.L.Infraprojects Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:   To Meet Working Capital Requirements; and  General Corporate Purposes.