-- / 150 shares
₹ 308.88 Cr
Retail Gain/Listing Gain
Vishnu Prakash R Punglia Ltd was incorporated in 1986 to undertake designing and constructing infrastructure projects. Apart from autonomous bodies, the company implemented infrastructure projects for the Central and State Governments. It has an operational presence in 9 States and 1 Union territory in India. Its business verticals can be classified into 4 categories, viz. Water Supply Projects (WSP), Railway Projects, Road Projects, and Irrigation Network Projects. The company has accreditation with various government departments and agencies as a contractor, which facilitates the process of bidding for projects and getting a favourable outcome. Vishnu Prakash R Punglia Ltd is currently accredited by Jodhpur Development Authority, Public Health Engineering Department, Rajasthan, Water Resources Department, Rajasthan, Roads and Building Department, Gujarat, South Western Command, Military Engineering Services (MES) etc. The company has recently forayed into 3 additional related business verticals. Vishu Prakash R Punglia Ltd has ventured into the tunnel business with the government's thrust on infrastructure. The company drills and maintains tunnels for hydropower projects, railway passages, metro rail, roads, and highways in India. It looks to capture lucrative growth opportunities in the tunnel sector. The second foray is into warehousing projects, especially for storing food grains and other perishable materials. The company has executed several independent warehouse projects. Finally, Vishnu Prakash R Punglia Ltd has also forayed into sustainable sewerage projects. Sewerage projects are made sustainable, cost-effective, and low-maintenance. Vishu Prakash R Punglia Ltd also provides end-to-end wastewater management solutions.
Vishu Prakash R Punglia Ltd's public issue will be managed by Choice Capital Advisors Private Ltd and Pantomath Advisors Private Ltd as the book-running lead managers. For managing shareholder records, Link Intime India Private Ltd will be the registrar of the issue. With that, let us now go over the competitive strengths and risks factors for Divgi TorqTransfer Systems Limited:
Here are a few strategies Vishnu Prakash R Punglia Limited has for its business:
And finally here’s a look at key financials of Vishnu Prakash R Punglia Limited.
Particulars (in Rs. million)
How to apply for IPO through ASBA
Vishnu Prakash R Punglia IPO is a main-board IPO of 31,200,000 equity shares of a face value of ₹10, aggregating up to ₹308.88 Crores. The issue is priced at ₹94 to ₹99 per share. The minimum order quantity is 150 Shares.
The IPO opens on August 24, 2023, and closes on August 28, 2023.
The allotment date is August 31, 2023.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.