
Emerging SME Services · NSE
Incorporated in 1996, Vishnusurya Projects and Infra Limited is engaged in mining rough stones, manufacturing aggregates, and producing manufactured sand using crushing and sand-washing plants. The company operates through three business verticals: Engineering, Procurement, and Construction (EPC), offering services in commercial, residential, industrial, and infrastructure projects; mining and production of aggregates and manufactured sand from two quarries in Tamil Nadu with high-capacity crushing and sand-washing facilities; and drones or unarmed aerial vehicles. Vishnusurya Projects is accredited as a Class I contractor with agencies including Greater Chennai Corporation, Tamil Nadu Water Resources Department, Tamil Nadu Water Supply and Drainage Board, and Highways Departments, enabling participation in various government and private projects.
Price Band
₹68
Issue Size
₹50.00 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹68
at current GMP
Subscribed
40.03x
overall
Open
29 Sep 2023
Close
5 Oct 2023
Allotment
9 Oct 2023
Refund
10 Oct 2023
Demat Credit
11 Oct 2023
Listing
10 Oct 2023
Designated Registrar: Cameo Corporate Services Limited
Allotment Date
9 Oct 2023
Basis finalization
Refunds Initiate
10 Oct 2023
Mandate release
Demat Credit
11 Oct 2023
Shares in demat
Listing Debut
10 Oct 2023
Trading begins
Vishnu Surya Projects & Infra Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹50 Crores. The shares are offered at a price band of ₹68 to ₹68 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 2023-10-05, the basis of allotment is scheduled to be finalized on 2023-10-09. 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 (Cameo Corporate Services 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.