Vision Infra Equipment Solutions IPO
IPO Listing Details
- Listing Date
13 Sep 2024
- Listing Price
₹ 205.00
- Listing Change
25.77%
- Last Traded Price
₹ 178.00
IPO Details
- Open Date
06 Sep 2024
- Close Date
10 Sep 2024
- IPO Price Range
₹ 155 to ₹ 163
- IPO Size
₹ 106.21 Cr
- Listing Exchange
NSE SME
- Listing Date
13 Sep 2024
IPO Timeline
Vision Infra Equipment Solutions IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 06-Sep-24 | 4.38 | 1.01 | 1.22 | 2.08 |
| 09-Sep-24 | 4.38 | 1.16 | 2.71 | 2.85 |
| 10-Sep-24 | 60.94 | 180.39 | 24.14 | 68.14 |
Last Updated: 10 September 2024 6:19 PM by 5Paisa
Last Updated: 10th September 2024, 06:00 PM by 5paisa
Vision Infra Equipment Solutions IPO is set to open on 06 September 2024 and will close on 10 September 2024. The company offers services in areas like airports, smart cities, irrigation, construction, mining, and railroads.
The IPO includes a fresh issue of 65.16 lakh shares aggregating up to ₹106.21 Cr and it does not include OFS. The price range is set between ₹155 - ₹163 per share and the lot size is 800 shares.
The allotment is scheduled to be finalized on 11 September 2024. It will go public on NSE SME with a tentative listing date of 13 September 2024.
Hem Securities Limited is the book-running lead manager, while Link Intime India Private Ltd is the registrar.
Vision Infra IPO Size
| Types | Size (₹Cr) |
|---|---|
| Total IPO Size | ₹106.21 |
| Offer for Sale | - |
| Fresh Issue | ₹106.21 |
Vision Infra IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹130,400 |
| Retail (Max) | 1 | 800 | ₹130,400 |
| HNI (Min) | 2 | 1,600 | ₹260,800 |
Vision Infra IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.) |
|---|---|---|---|---|
| QIB | 60.94 | 12,36,000 | 7,53,27,200 | 1,227.83 |
| NII (HNI) | 180.39 | 9,27,200 | 16,72,57,600 | 2,726.30 |
| Retail | 24.14 | 21,63,200 | 5,22,15,200 | 851.11 |
| Total | 68.14 | 43,26,400 | 29,48,00,000 | 4,805.24 |
Vision Infra IPO Anchor Allocation
| Anchor Bid Date | 5 September, 2024 |
| Shares Offered | 1,853,600 |
| Anchor portion Size (In ₹ Cr.) | 30.21 |
| Anchor lock-in period end date for 50% shares (30 Days) | 11 October, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | 10 December, 2024 |
1. Working Capital Requirements.
2. General Corporate Purposes.
3. Funding for purchasing new equipment.
Founded in 2015, Vision Infra Equipment Solutions Limited offers services in airports, smart cities, irrigation, construction, mining, and railroads.
The company specializes in renting out road construction machines and also trades and refurbishes these machines. They offer two rental options: time-based pricing, where customers pay a fixed fee based on usage time, and output-based pricing, where customers pay based on the results achieved.
Vision Infra has a large fleet of 326 road construction machines from major brands like Wirtgen, Caterpillar, Volvo, and more, which they lease to big infrastructure companies like Larsen & Toubro, Tata Projects, and others.
As of March 31, 2024, the company employed around 227 permanent staff and 763 contract workers, including operators, drivers, engineers, and other essential personnel for their operations.
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue | 368.80 | 305.10 | 162.54 |
| EBITDA | 55.65 | 34.12 | 26.07 |
| PAT | 9.19 | 9.28 | 5.14 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 247.44 | 208.49 | 148.87 |
| Share Capital | 30.00 | 25.14 | 15.84 |
| Total Borrowings | 151.46 | 130.82 | 92.86 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 76.15 | 17.40 | 30.29 |
| Net Cash Generated From / (used in) investing activities | -75.71 | 47.63 | -62.32 |
| Net Cash Generated From / (used in) financing activities | 1.28 | 27.05 | 36.72 |
| Net Increase (Decrease) In Cash And Cash Equivalents | 1.72 | -3.08 | 4.69 |
Strengths
1. The company own a modern fleet of road construction equipment and have a wide presence in the domestic market, supported by a large customer base.
2. With an in-house execution team and a solid track record, the company is well-positioned to capitalize on growth opportunities in the road infrastructure sector.
3. Our order book spans road construction projects across India, guided by experienced promoters and senior management, ensuring stable financial performance.
Risks
1. The company's success is closely tied to the growth of the infrastructure sector. Any slowdown in infrastructure projects could negatively impact revenue and profitability.
2. Managing a large fleet of equipment and executing projects across India involves operational risks. Delays, cost overruns, or equipment failures could impact the company's financial performance.
3. The company operates in a competitive market with pricing pressures. Intense competition from other players could affect market share and margins.
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FAQs
Vision Infra Equipment Solutions IPO opens from 06th September to 10th September 2024.
The size of the Vision Infra Equipment Solutions IPO is ₹106.21Cr.
The price band of Vision Infra Equipment Solutions IPO is fixed between ₹155- ₹163 per share.
To apply for Vision Infra Equipment Solutions IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Vision Infra Equipment Solutions IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Vision Infra Equipment Solutions IPO is 800 shares and the investment required is ₹130,400.
The share allotment date of Vision Infra Equipment Solutions's IPO is 11th September 2024.
The Vision Infra Equipment Solutions IPO will be listed on 13th September 2024.
Hem Securities Limited is the book-running lead manager for Vision Infra Equipment Solutions IPO.
Vision Infra Equipment Solutions plans to utilize the raised capital from the IPO for:
1. Working Capital Requirements.
2. General Corporate Purposes.
3. Funding for purchasing new equipment.
Contact Information
Vision Infra Equipment Solutions
Vision Infra Equipment Solutions Limited
Shop No 401-405, Bhawani,
International BusinessBay, Bhavani Peth, Pune,
Pune City - 411042
Phone: +91 (020) - 26440999
Email: info@visioninfraindia.com
Website: http://www.visioninfraindia.com/
Vision Infra Equipment Solutions IPO Register
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: visioninfra.smeipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Vision Infra Equipment Solutions IPO Lead Manager
Hem Securities Limited