Vishnu Prakash R Punglia Ltd. IPO

Vishnu Prakash R Punglia limited is a dynamic Infrastructure Development Company in India. Established in 1986, it transitioned into a Joint Stock Company in 2013. With 75+ projects and an Order Book of INR 3799.53 Cr., VPRPL showcases excellence in executing infrastructure projects. Recognized for engineering expertise, safety practices, and governance, it's a tech-driven leader expanding across sectors and geographies.

RHP
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DRHP
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Open Date

2023-08-24

Close Date

2023-08-28

Vishnu Prakash R Punglia Ltd. IPO Details

Check out the issue details for Vishnu Prakash R Punglia Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 99

Price Band

₹ 94 - 99

Issue Size

308.61 Cr.

Issue Type

Book Built

Open

2023-08-24

Close

2023-08-28

Listingprice

₹ 165

ListingGain

66.67%

Listing Date

2023-09-05

CMP

₹ 266.7

Current Return

169.39%

Company Financials

You can get the following financial statements of Vishnu Prakash R Punglia Ltd. as of now.

The details about the Vishnu Prakash R Punglia Ltd IPO is as:

  • The issue size of the IPO is 308.61 Cr.
  • The price band for Vishnu Prakash R Punglia IPO is Rs 94 to Rs 99.
  • The shares of Vishnu Prakash R Punglia IPO will list on 5th September 2023.
  • The latest tentative GMP of Vishnu Prakash R Punglia IPO is Rs 55.
  • The shares of Vishnu Prakash R Punglia IPO is subscribed 87.81 Times as of 28th August 2023.

 

Vishnu Prakash R Punglia IPO Valuation

The approx valuation of Vishnu Prakash R Punglia Ltd IPO company based on its price band and DRHP (prospectus) is: 

Particulars Value
Upper Price Band Rs 99
Existing Shares (Qty) 9.34 Cr
Fresh Issue 308.61 Cr
Market Cap 1233.27 Cr
EPS (FY23) Rs 10.41
PE Ratio 9.51x
Industry PE 17.22x

 

Vishnu Prakash R Punglia IPO Issue Size

Vishnu Prakash R Punglia Ltd IPO issue size is 308.61 Cr. 

Issue Amount
Fresh Issue 308.61 Cr
Offer For Sale 0 Cr

 

Vishnu Prakash R Punglia IPO Market Lot

An Individual can apply for a minimum 1 lot of 150 shares and a maximum of 13 lots of 1950 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 150 Rs 14,850
 Maximum 13 1950 Rs 1,93,050

 

Vishnu Prakash R Punglia IPO share offer

The shares of Vishnu Prakash R Punglia IPO is subscribed 87.81 Times as of 28th August 2023. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 171.69 Times
Non-Institutional Minimum 15% 111.03 Times
Retail Individual Minimum 35% 32.01 Times
Employee 3 Lakh Shares 12.96 Times
Total   87.81 Times

 

Find below the dates for Vishnu Prakash R Punglia Ltd IPO:

Schedule Date
Basis of Allotment 31 August 2023
Refunds 1 September 2023
Credit to Demat Account 4 September 2023
IPO Listing Date 5 September 2023

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 373.15 485.73 785.61 1168.4 1473.87
Total Expenditure 335.2 440.34 698.73 1011.79 1263.66
Operating Profit 37.96 45.39 86.89 156.62 210.21
Other Income 2.24 1.94 1.77 3.06 8.78
Interest 17.67 17.56 24.09 30.26 43.3
Depreciation 4.17 4.1 4.19 6.98 11.18
Exceptional Items 0 0 0 0 0
Profit Before Tax 18.36 25.68 60.38 122.44 164.52
Provision for Tax 5.7 6.7 15.53 31.8 42.33
Net Profit 12.66 18.98 44.85 90.64 122.19
Adjusted EPS (Rs.) 0.15 0.22 0.53 0.97 0.98

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 28.15 28.15 28.15 93.44 124.64
Total Reserves 66.37 85.47 130.54 221.06 596.42
Borrowings 3.91 19.06 41.86 60.3 25.03
Other N/C liabilities 2.71 2.8 3.26 4.09 5.05
Current liabilities 207.88 195.57 294 446.59 790.69
Total Liabilities 309.02 331.05 497.81 825.48 1541.83
Assets
Net Block 48.31 48.5 72.04 125.37 166.44
Capital WIP 0 0 0.33 5.56 5.57
Intangible WIP 0 0 0 0 0.05
Investments 0.1 0.24 0.54 0.86 0.8
Loans & Advances 0.3 1.45 0.3 1.79 0.87
Other N/C Assets 11.76 12.83 13.47 18.82 24.85
Current Assets 248.56 268.03 411.13 673.09 1343.24
Total Assets 309.02 331.05 497.81 825.48 1541.83
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 1.63 2.71 3.49 2.25 1.89
Profit Before Tax 28.77 23.1 90.7 19.69 31.68
Tax 7.53 5.73 23.57 4.93 7.95
Profit After Tax 21.25 17.37 67.13 14.76 23.73
Adjusted EPS (Rs) 1.7 1.39 5.39 1.18 1.9

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 67.81 0
Jun 2024 67.81 0
Mar 2024 67.81 0
Dec 2023 67.81 0
Sep 2023 67.81 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 18.36 25.68 60.38 122.44 164.52
Adjustment 20.16 20.06 26.97 35.07 45.44
Changes in Assets & Liabilities 7.18 -4.73 -70.53 -140.68 -490.83
Tax Paid -7.81 -6.16 -20.15 -25.23 -35.37
Operating Cash Flow 37.89 34.84 -3.33 -8.41 -316.24
Investing Cash Flow -9.04 -5.34 -29.69 -97.85 -32.19
Financing Cash Flow -25.44 -28.98 41.72 108.07 386.51
Net Cash Flow 3.41 0.52 8.7 1.81 38.08
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