Vishnu Prakash IPO Allotment Status, Refund, Listing, Linkintime @ bseindia.com

We all know that Vishnu Prakash R Punglia Limited Company is one of India’s top infrastructure companies, having completed several projects to date. They have created several initiatives for the government and private businesses. They have now issued its initial public offering (IPO), with a total issue size of 308 crore, and numerous investors have invested in it. You should be aware that the IPO’s bidding process began on August 24 and that the deadline for IPO subscriptions was August 28, 2024. According to the Vishnu Prakash IPO Subscription Status, retail investors, HNI, and others have subscribed to this offering more than 87 times. The Vishnu Prakash Initial Public Offering’s minimum investment requirement was 14,500. All investors are currently anticipating the Vishnu Prakash R Punglia IPO Allotment Date in order to learn whether or not they have been assigned the IPO.

Vishnu Prakash IPO Allotment Status Details

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Vishnu Prakash Punglia IPO Schedule

The minimum market lot for the R Punglia IPO is 150 shares, and the application cost is 14,850. Vishnu Prakash IPO Allotment Status. The Vishnu Prakash R Punglia IPO, a Mainline IPO, will list on the BSE and NSE. Vishnu Prakash R Punglia Limited, an accredited integrated engineering, procurement, and construction (“EPC”) company, has planned and built infrastructure projects for the Central and State Governments, autonomous authorities, and private organisations in India’s nine states and one union territory.

The proceeds from the most recent offering will be divided between 58.64 crore for the purchase of capital equipment and 140 crore for the company’s working capital needs and other operational reasons. The offer’s book-running lead managers are Choice Capital Advisors Private Limited and Pantomath Capital Advisors Private Limited, and the registrar is Link Intime India Private Limited.

Vishnu Prakash IPO Subscription Status

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Vishnu Prakash R Punglia IPO Investor Categories

• Water Supply Projects (WSP)
• Railway Projects
• Road Projects
• Irrigation Network Projects and other related endeavors.

Vishnu Prakash IPO GMP Today

• The current GMP for the Vishnu Prakash IPO is about 54 for each share, guaranteeing that the bidders will receive a 50% profit on ROE.
• After the shares are placed on the market, the projected gain on each share is known as the “grey market premium,” or GMP.
• According to Vishnu Prakash IPO GMP Today, you can sell your shares after the listing in order to make a profit.
• Additionally, investors may view the Subscription Status below, which demonstrates the level of interest in this firm.
• Wait for the Vishnu Prakash IPO Allotment, which happened on September 1, 2024, if you invested in the IPO as well.

Objectives of the VPRP IPO

• Purchasing Capital Equipment/Machineries Rs. 621.77 mn.
• Funding Working Capital requirement Rs. 1500.00 mn
• General Corporate Purposes

Vishnu Prakash R Punglia IPO Lot Size

• Minimum Investment: Rs.14,850
• Maximum Investment: Rs.1,93,050

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Vishnu Prakash R Punglia IPO Strengths

• A significant Rajasthan WSP EPC is VPRP.
• As of July 15, 2024, VPRP has an order book worth Rs. 3,799 crore. This significant sum helps them develop and add value to their abilities.
• WSP success has lasted 36 years, and VPRP has finished over 75 projects.
• VPRP doesn’t do O&M; it just performs EPC. The company doesn’t carry out HAM or BOT. This plan lowers debt and controls cash flow.
• This method ensures the highest quality standards while reducing reliance on outside sources for project-related supplies and equipment.

Vishnu Prakash R Punglia IPO Review

• One of the top EPC (Engineering, Procurement and Construction) companies, Vishnu Prakash R Punglia has operations and completed successful projects in more than ten States.
• Investors have praised it as one of the best stocks to buy in after they conducted their initial public offering (IPO).
• After the shares are offered, investors would receive a 56% Return on Equity Investment, according to the Vishnu Prakash R Punglia IPO Review.
• Additionally, the GMP for the Vishnu Prakash IPO is around 54 per share, indicating that investors will make money.
• As planned, the Allotment Status will be released on September 1, 2024,
• And shares will be credited to holders’ demat accounts on September 4, 2024.

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Vishnu Prakash Punglia IPO Weaknesses

Of the 50 projects for which VPRP is now responsible, 34 are active in Rajasthan. This could limit their potential to grow into other states and limit their overall development possibilities because the majority of VPRP’s operations appear to be concentrated in Rajasthan.

How to check Vishnu Prakash’s IPO allotment status on NSE?

• You may access the NSE website at https://www1.nseindia.com/.
• By selecting the “Click here to sign up” option on the NSE website, one must register with PAN.
• Enter your user name, password, and the captcha code.
• Check the status of the IPO allocation on the new page that will display.

How to check Vishnu Prakash’s IPO allotment status on BSE?

• Visit the BSE website’s allocation page at https://www.bseindia.com/.
• You should choose “Equity” under “Issue Type.”
• Pick the IPO from the “Issue Name” drop-down option; do not select the PAN or application number.
• To confirm that you are not a robot, check “I am not a robot” before clicking “Submit.”

Vishnu Prakash IPO Allotment Status FAQ’S

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