Vishnusurya Projects and Infra Limited
listed
₹1.36LMin. investment
Vishnusurya Projects and Infra Limited IPO Details
Issue size
₹49.98Cr
IPO type
SME
Price range
₹68.00 – ₹68.00
Listing date
10 Oct 2023
Lot size
2000 shares
Price range₹68.00 – ₹68.00
IPO type
SME
Lot size2000 shares
Issue size₹49.98Cr
Vishnusurya Projects and Infra Limited Timeline
- Bid start29 Sep 2023
- Bid end5 Oct 2023
- Allotment1 Oct 2023
- Release of funds10 Oct 2023
- Demat transfer9 Oct 2023
- Listing10 Oct 2023
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:
- Funding of working capital requirements of our Company
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company
- 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 |
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Vishnusurya Projects and Infra Limited Contact Details
Company NameVishnusurya Projects and Infra Limited
How to apply for Vishnusurya Projects and Infra Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.