Vision Infra IPO Details
The Vision Infra IPO is a book build issue with a total issue size of ₹106.21 cr, comprising of fresh issue of 6516000 equity shares. Vision Infra IPO opened for subscription on Sep 06, 2024 and closed on Sep 10, 2024. Vision Infra IPO is set price band at ₹155 to ₹163 per share, with a lot size of 800 shares. Minimum investment for Retail investors was ₹260,800.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 11, 2024, and listed on the NSE on Sep 13, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Hem Securities Limited are the Book Running Lead Manager for the issue.
Before investing in the Vision Infra IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 155 – 163
- Lot Size
- 800
- Issue Size
- ₹106.21 Cr
- Minimum Investment
- ₹260800 (1600 Shares)
- Listing Date
- 13 September 2024
Current GMP
₹75 (+46.01%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Vision Infra Equipment Solutions Limited
Vision Infra Equipment Solutions is a leading provider in the equipment industry, offering services in airports, smart cities, irrigation, buildings & factories, mining, railways, and more. Their range of services includes equipment rental for road construction, as well as equipment trading and refurbishment. The road construction equipment rental business operates through two modes: time-based pricing and output-based pricing.
Time-based pricing allows customers to pay a fixed fee based on equipment usage or duration. This model is commonly used in leasing equipment to contractors and developers in infrastructure and road construction projects such as paving.
Output-based pricing, on the other hand, charges customers based on the results delivered by the service provider, rather than a fixed fee or hourly rate. This model is often used in services like milling and crushing during road construction activities.
During the FY 2021 the company refurbished and/or sold more than 200 number of equipment which expanded to more than 600 number of equipment during FY 2023 and as of 30 November 2023 the company has refurbished and/or sold around 226 number of road construction equipment.
Vision Infra IPO Promoters
Vision Infra Equipment Solutions Limited Promoters
- Sachin Vinod Gandhi
- Chetan Vinod Gandhi
- Sameer Sanjay Gandhi
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Vision Infra IPO Objective
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Funding Capital Expenditure towards the purchase of additional equipment
- Funding to meet working capital requirements
- General Corporate Purpose
Address / Contact Info
Vision Infra Equipment Solutions Limited
Shop No 401-405, Bhawani, International
BusinessBay, Bhavani Peth,
Pune City, Maharashtra, India, 411042
Phone: +91 (020) - 26440999
Email: info@visioninfraindia.com
Website: http://www.visioninfraindia.com
IPO Snapshot
Book Running Lead Managers
- Hem Securities Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Vision Infra IPO is a Book-building IPO with a total issue size of ₹106.21 crore. The Vision Infra IPO price band is ₹155 to 163 per share. The Vision Infra IPO subscription opens on Fri, Sep 6, 2024, and closes on Tue, Sep 10, 2024. The Vision Infra IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Vision Infra IPO.
The Vision Infra IPO opens on Fri, Sep 6, 2024 and closes on Tue, Sep 10, 2024
Vision Infra IPO Price Band is ₹155 to 163 per share.
Vision Infra IPO lot size is 800 shares, Retail investors need a minimum investment of ₹260800 based on the upper price band
The minimum investment for Vision Infra IPO is ₹260800, based on one lot of 800 shares at the upper price band of ₹163 per share.
Investors can apply for the Vision Infra IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 10, 2024. The application amount remains blocked until the Vision Infra IPO allotment is finalized.
Vision Infra IPO issue size is ₹106.21 crores.
Vision Infra IPO allotment date is Wed, Jul 1, 2026.
The registrar for Vision Infra IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Vision Infra IPO allotment status, refund processing, and other IPO-related information.
The Vision Infra IPO GMP (Grey Market Premium) is ₹75 as of Tue, Sep 10, 2024. Based on the upper price band of ₹163 per share, the estimated Vision Infra IPO listing price is ₹238, indicating a potential listing gain of approximately 0% over the issue price.