V.L.Infraprojects SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the V.L.Infraprojects IPO. Explore V.L.Infraprojects IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
V.L.Infraprojects Limited is a prominent infrastructure company based in Ahmedabad, Gujarat, India. Founded by promoter, Chairman, and Managing Director & CEO, Mr. Rajagopal Reddy Annam Reddy, the company benefits from the extensive experience of its promoters and management team, who collectively have over 45 years of experience in the industry. V.L.Infraprojects Limited is a Government Approved Contractor in “AA” Class with the Government of Gujarat, holding various contractor licenses across several states. The company specializes in designing, constructing, and commissioning a wide range of government projects, particularly in the water infrastructure and irrigation sectors.
Key Points:
- Government Approvals and Certifications:
- “AA” Class Contractor with the Government of Gujarat.
- Civil/Electrical Contractor License from Karnataka State Public Works Department.
- Special class registration in the Government of Telangana.
- Contractor registration in the Government of Madhya Pradesh.
- ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified for quality, environmental, and occupational health and safety management systems.
- Core Services:
- Water Supply and Sewerage Infrastructure:
- Procurement, laying, joining, and commissioning of pipes.
- Construction of civil work, pumping stations, and installation of electro-mechanical equipment.
- Operations and maintenance services for water distribution pipelines.
- Expanded Services:
- Road construction, irrigation, water infrastructure, and environmental projects.
- Water Supply and Sewerage Infrastructure:
- Geographical Presence:
- Operational in Gujarat, Madhya Pradesh, Telangana, and Maharashtra.
- Project Execution and Capabilities:
- Successfully executed around 30 projects worth ₹104.86 crore.
- As of July 13, 2024, the company has 15 ongoing projects worth approximately ₹338.81 crore.
- Notable projects include collaborations with Gujarat Water Supply and Sewerage Board, Gujarat Water Infrastructure Limited, Nagarpalikas, and Public Works Department (PWD).
Objects of the Issue
- To Meet Working Capital Requirements
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 23 Jul - 25 Jul 2024 |
| IPO Price Band | ₹ 39 - 42 per share |
| Fresh Issue | 44,10,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 18.52 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 23 Jul 2024 |
| IPO Closing Date | 25 Jul 2024 |
| Basis Of Allotment | 26 Jul 2024 |
| Refunds | 29 Jul 2024 |
| Demat Transfer | 29 Jul 2024 |
| IPO Listing Date | 30 Jul 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 30.78 | 35.61 | 45.65 | 114.00 |
| Total Expenses | 29.59 | 34.06 | 42.56 | 105.48 |
| Net Profit/Loss | 0.83 | 1.11 | 2.23 | 6.14 |
| NPM (*) | 2.71 | 3.11 | 4.89 | 5.39 |
| Total Assets | 16.41 | 19.55 | 28.36 | 56.91 |
| Total Liabilities | 10.21 | 12.25 | 18.14 | 40.55 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2022 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 0.79 | 1.04 | 2.10 | 5.43 |
| ROE (%) | 14.41 | 16.37 | 25.41 | 46.20 |
| ROCE (%) | 20.24 | 18.41 | 22.97 | 39.09 |
| D/E Ratio | 1.06 | 1.37 | 0.98 | 1.01 |
| Current Ratio | 1.88 | 1.92 | 1.67 | 1.43 |
| EBITDA MARGIN (%) | 7.99 | 8.83 | 10.36 | 9.57 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| V.L.Infraprojec ts Limited | 113.93 | 7.73 | 5.43 | 37.53 | 14.47 |
| EMS Limited | 719.36 | 13.92 | 28.91 | 19.11 | 151.29 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 203.73 |
| Non-Institutional Investor (NII/HNI) | 726.56 |
| Retail Individual Investor (RII) | 844.22 |
| Total | 636.17 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Skyline Financial Services Private Limited
Phone: 011-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Company Promoters
- MR. RAJAGOPAL REDDY ANNAM REDDY
- MRS. MYDHILI RAJAGOPAL REDDY
- MR. NAGESWARA RAO REPURI
Lead Managers
- BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Company Address
V.L.Infraprojects Limited
Office at 716, Shivalik Satyamev, Near Vakil saheb Bridge Bopal, Ahmedabad- 380058, Gujarat, India
Phone: +91 9998850177
Email: cs@vlil.in
Website: www.vlil.in
FAQs
- What is the issue size of the V.L.Infraprojects SME IPO?The V.L.Infraprojects SME IPO has an issue size of Approx ₹ 18.52 crore. This includes a fresh issue of 44,10,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the V.L.Infraprojects IPO?The price band for the V.L.Infraprojects IPO is ₹ 39 - 42 per share.
- What are the bidding dates for the V.L.Infraprojects IPO?The V.L.Infraprojects IPO will open for bidding on 23 Jul 2024 and close on 25 Jul 2024.
- What is the allotment date for the V.L.Infraprojects IPO?The allotment date for the V.L.Infraprojects IPO is 26 Jul 2024.
- What is the listing date for the V.L.Infraprojects IPO?The listing date for the V.L.Infraprojects IPO is 30 Jul 2024.
- What is the V.L.Infraprojects IPO grey market premium?The grey market premium (GMP) for the V.L.Infraprojects IPO is currently at ₹60, with an expected listing gain of approximately 142.86%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.