
Infrastructure · NSE
Founded in 2014, V.L. Infraprojects Limited specializes in executing government-backed water infrastructure and irrigation projects, offering end-to-end services in the planning, construction, and commissioning of water supply and wastewater systems. The company handles procurement, pipeline laying, connections, civil works, pumping stations, and the installation of electro-mechanical equipment for efficient water distribution, along with providing operation and maintenance services for water pipelines. Recognized for its technical expertise, V.L. Infraprojects is a Class AA approved contractor by the Government of Gujarat, holds civil/electrical contractor licensing from the Karnataka State Public Works Department, is registered in the special class category with the Government of Telangana, and is an approved contractor for the Government of Madhya Pradesh. As of September 30, 2023, the company employed 30 professionals supporting its specialized operations.
Price Band
₹39 – ₹42
Issue Size
₹18.52 Cr
Lot Size
3000 shares
GMP
+142.9%
Est. Listing
₹102
at current GMP
Subscribed
633.71x
overall
Open
23 Jul 2024
Close
25 Jul 2024
Allotment
26 Jul 2024
Refund
27 Jul 2024
Demat Credit
28 Jul 2024
Listing
30 Jul 2024
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
26 Jul 2024
Basis finalization
Refunds Initiate
27 Jul 2024
Mandate release
Demat Credit
28 Jul 2024
Shares in demat
Listing Debut
30 Jul 2024
Trading begins
V.L.Infra Projects Limited is bringing an initial public offering (IPO) in the Infrastructure sector with an aggregate issue size of ₹18.52 Crores. The shares are offered at a price band of ₹39 to ₹42 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-07-25, the basis of allotment is scheduled to be finalized on 2024-07-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.