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Vishnu Prakash R Punglia IPO
Vishnu Prakash R Punglia Limited
Vishnu Prakash R Punglia IPO Details
Established in 1986 as a collaborative partnership, the Punglia family continues to uphold a prestigious heritage of over 36 years of expertise in the construction sector. They stand as prominent leaders in the field of Engineering, Procurement, and Construction (EPC) within the state of Rajasthan. Additionally, their influence extends to ongoing projects spread across 9 different states and 1 union territory in India.
The operational aspects of VPRP are generally categorized into four main areas:
- Water Supply Projects (WSP)
- Railway Projects
- Road Projects
- Irrigation Network Projects and other related endeavors.
Objectives of the VPRP IPO
The total funds raised through the IPO will be utilised for the following purposes:- Purchasing Capital Equipment/Machineries Rs. 621.77 mn.
- Funding Working Capital requirement Rs. 1500.00 mn
- General Corporate Purposes
Vishnu Prakash R Punglia IPO Strengths
- VPRP is a prominent EPC participant within the WSP sector in Rajasthan.
- As of July 15, 2023, VPRP boasts an Order Book worth Rs. 3,799 crore. This substantial figure contributes to their sustainable growth and value-boosting capabilities.
- VPRP boasts a rich history of 36 years in successfully carrying out WSPs, having accomplished over 75 projects within this domain.
- VPRP exclusively engages in EPC undertakings, whether inclusive of O&M services or not. The company does not partake in HAM or BOT ventures. This strategic approach aids in minimizing debt obligations and ensuring consistent cash flow management.
- This approach minimizes reliance on external sources for essential materials and equipment necessary to carry out projects, thereby guaranteeing adherence to the most stringent quality benchmarks.
Vishnu Prakash R Punglia IPO Weaknesses
- VPRP is currently managing a portfolio of 50 projects, with 34 of these projects being active in the state of Rajasthan. This indicates that VPRP's presence is primarily concentrated in Rajasthan, potentially constraining their potential for expansion into other states and limiting their overall growth opportunities.
Vishnu Prakash R Punglia Revenue & Profit
+0.373 | +0.126 |
+0.486 | +0.190 |
+0.786 | +0.448 |
+1.168 | +0.906 |
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Vishnu Prakash R Punglia IPO Dates
| Open Date | 24 August , 2023 |
| Close Date | 28 August , 2023 |
| Allotment Date | 31 August , 2023 |
| Initiation of Refunds | September 1st, 2023 |
| Credit of Shares to Demat Account | 4th September 2023 |
| Listing Date | 5th September 2023 |
Vishnu Prakash R Punglia IPO Lot Size
| Minimum Investment | Rs.14,850 |
| Maximum Investment | Rs.1,93,050 |
Seize the Opportunity! Apply for Vishnu Prakash R Punglia IPO
Free Demat Account Opening
Zero AMC Charges for First Year
Low DP Charges (Rs. 10 only)
Free IPO Report & Advisory
Vishnu Prakash R Punglia IPO Subscription Breakup
| QIBs | 50% |
| Non-Institutional Investors | 15% |
| Retail Investors | 35% |
How to Apply for Vishnu Prakash R Punglia IPO?
Step 1
First, you need to visit the IPO section on our website.
Step 2
Then, click on the 'IPO Listing' option to view the IPO.
Step 3
Open the Vishnu Prakash R Punglia IPO by tapping on it.
Step 4
You will see an option to subscribe that you need to click on.
Step 5
Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.
Step 6
Next, verify your details and select the 'Subscribe' option to complete the bidding.
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