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V.L.Infraprojects Limited

V.L.Infraprojects Limited

listed
₹1.17LMin. investment

V.L.Infraprojects Limited IPO Details

Price range₹39.00 – ₹42.00
IPO type
SME
Lot size3000 shares
Issue size₹18.52Cr

V.L.Infraprojects Limited Timeline

  1. Bid start
    23 Jul 2024
  2. Bid end
    25 Jul 2024
  3. Allotment
    25 Jul 2024
  4. Release of funds
    29 Jul 2024
  5. Demat transfer
    26 Jul 2024
  6. Listing
    30 Jul 2024

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:
  1. To Meet Working Capital Requirements; and
  2. General Corporate Purposes.

Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
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V.L.Infraprojects Limited Contact Details

Company NameV.L.Infraprojects Limited

How to apply for V.L.Infraprojects Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Vl Infraprojects IPO FAQs

Investors can apply for the V.L.Infraprojects Limited through their Demat account via the stock exchange or through their broker.
The issue size of the V.L.Infraprojects Limited is 18.52 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
V.L.Infraprojects Limited will be open between 2024-07-23 and 2024-07-25.
V.L.Infraprojects Limited allotment date is 2024-07-26. For V.L.Infraprojects Limited allotment status check, you can visit the website of the registrar of the IPO.
For V.L.Infraprojects Limited, the IPO registrar is SKYLINE FINANCIAL SERVICES PRIVATE LIMITED. You can check V.L.Infraprojects Limited allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The V.L.Infraprojects Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The V.L.Infraprojects Limited lot size is 3000 and minimum order quantity is 3000.
V.L.Infraprojects Limited has set the price band for its IPO at 42 per equity share with a face value of 10.