
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
Overall Subscription
633.71x
Total Demand
QIB Multiplier
203.73x
Institutions & Funds
NII / HNI
726.11x
High Net-Worth
Retail (RII)
839.50x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 834,000 | 169,911,000 | 203.73x |
| NIB | 627,000 | 455,274,000 | 726.11x |
| RETAIL | 1,461,000 | 1,226,508,000 | 839.50x |
| Total | 2,922,000 | 1,851,693,000 | 633.71x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 514 | 431,503 | 839.50x |
| HNIs (10L +) | 3 | 2,178 | 726.11x |
| HNIs (2-10L) | 16 | 11,618 | 726.11x |
| Total Applications | 533 | 445,299 | 835.46x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for V.L.Infra Projects Limited IPO is ₹60 per equity share. Based on the upper price band of ₹39 to ₹42 per equity share, the estimated listing price is ₹102 (+142.9% expected listing gain).
With a lot size of 3000 shares and current GMP of ₹60, the expected profit per application lot is approx ₹1,80,000 (+142.9% gain). Minimum application cost is approx ₹1,26,000.
The V.L.Infra Projects Limited IPO aggregate issue size is ₹18.52 Crores with an equity price band set at ₹39 to ₹42 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,26,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 633.71x (Retail: 839.50x, QIB: 203.73x, NII: 726.11x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-07-26. Investors can verify status using PAN card or application number.
V.L.Infra Projects Limited shares are scheduled to list on NSE on 2024-07-30.