Vishnu Prakash R Punglia Limited, founded in 1986, designs and constructs infrastructure projects for the Central and State Governments, autonomous agencies, and private bodies in India’s nine states and one union territory.
The primary business operations of the corporation are broadly classified into four categories:
1 .Water Supply Projects (“WSP”); Railway Projects; Road Projects; and Irrigation Network Projects.
Jodhpur Development Authority, Jodhpur (Class AA), Rajasthan, Public Health Engineering Department, Rajasthan, (Class AA), Water Resources Department, Rajasthan (Class AA), roads and Building Department, Gujarat (Class AA), South Western Command, Military Engineering Services (MES), Jaipur (Class ‘S’), Rajasthan, Public Works Department, Chhattisgarh (Class A),South Western Command, Jaipur (Class ‘S’), Rajasthan, Public Works Department, Chhattisgarh (Class A), Public Works Department, Rajasthan (Class AA), Public Works Department, Madhya Pradesh, Bhopal (Civil Works).
In 2021, VPRP was given a WSP of 4332.90 million by the Public Health Engineering Department (“PHED”), Manipur, as opposed to a WSP worth 19.80 million awarded to it (as a joint entity) by the PHED, Rajasthan in 2002.
Vishnu Prakash R Punglia IPO Details
| IPO Date | Aug 24, 2023 to Aug 28, 2023 |
| Listing Date | [.] |
| Face Value | Rs 10 per share |
| Price | Rs 94 to ₹99 per share |
| Lot Size | 150 Shares |
| Total Issue Size | 31,200,000 shares (aggregating up to Rs 308.88 Cr) |
| Fresh Issue | 31,200,000 shares (aggregating up to Rs [.] Cr) |
| Employee Discount | Rs 9 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 93,444,000 |
| Share holding post issue | 124,644,000 |
Vishnu Prakash R Punglia IPO Timetable
| IPO Open Date | Thursday, 24 August 2023 |
| IPO Close Date | Monday, 28 August 2023 |
| Basis of Allotment | Thursday, 31 August 2023 |
| Initiation of Refunds | Friday, 1 September 2023 |
| Credit of Shares to Demat | Monday, 4 September 2023 |
| Listing Date | Tuesday, 5 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 28, 2023 |
Vishnu Prakash R Punglia IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | Rs 14,850 |
| Retail (Max) | 13 | 1950 | Rs 193,050 |
| S-HNI (Min) | 14 | 2,100 | Rs 207,900 |
| S-HNI (Max) | 67 | 10,050 | Rs 994,950 |
| B-HNI (Min) | 68 | 10,200 | Rs 1,009,800 |
