
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
Overall Subscription
40.03x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
36.43x
High Net-Worth
Retail (RII)
43.63x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 3,490,000 | 127,132,000 | 36.43x |
| RETAIL | 3,490,000 | 152,260,000 | 43.63x |
| Total | 6,980,000 | 279,392,000 | 40.03x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,287 | 56,152 | 43.63x |
| HNIs (10L +) | 8 | 291 | 36.43x |
| HNIs (2-10L) | 39 | 1,421 | 36.43x |
| Total Applications | 1,334 | 57,864 | 43.38x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Vishnu Surya Projects & Infra Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹68 to ₹68 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,36,000. Expected listing price is ₹68 per equity share.
The Vishnu Surya Projects & Infra Limited IPO aggregate issue size is ₹50 Crores with an equity price band set at ₹68 to ₹68 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,36,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 40.03x (Retail: 43.63x, QIB: 0.00x, NII: 36.43x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2023-10-09. Investors can verify status using PAN card or application number.
Vishnu Surya Projects & Infra Limited shares are scheduled to list on NSE on 2023-10-10.