Vishnu Prakash R Punglia IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Apr 24, 2023Let’s have a detailed review of the company and analytics of the Vishnu Prakash R Punglia IPO release date, IPO offer price, subscription, Vishnu Prakash R Punglia Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs [●] |
| Listing At | BSE, NSE |
| Min. Order Quantity | NA Shares |
| Listing Date | NA |
| Offer for Sale | Rs Million |
| Fresh Issue | Rs Million |
| IPO Size | Rs Million |
| Tick Size | 1 |
Vishnu Prakash R Punglia IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Vishnu Prakash R Punglia Share Price |
Vishnu Prakash R Punglia IPO – Summary
They are an ISO 9001:2015 certified integrated engineering, procurement and construction (“EPC”) company with experience in the design and construction of various infrastructure projects for the Central and State governments, autonomous bodies, and private bodies across 9 States and 1 Union territory in India.
Their principal business operations are broadly divided into four categories: (i) Water Supply Projects (“WSP”); (ii) Railway Projects; (iii) Road Projects and (iv) Irrigation Network Projects.
The Promoter of this company is VISHNU PRAKASH PUNGLIA, MANOHAR LAL PUNGLIA, SANJAY KUMAR PUNGLIA, KAMAL KISHOR PUNGALIA AND AJAY PUNGALIA. The lead manager of the issue is Choice Capital Advisors Private Limited and Pantomath Capital Advisors Private Limited, and the Registrar of this issue is Link Intime India Private Limited.
Vishnu Prakash R Punglia IPO Date
The opening and closing dates of Vishnu Prakash R Punglia IPO are not available yet.
Vishnu Prakash R Punglia IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Vishnu Prakash R Punglia IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Vishnu Prakash R Punglia Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | – |
| Refunds Initiation | – |
| Credit of Shares to Demat Account | – |
| Share Listing Date | – |
Vishnu Prakash R Punglia IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.[●]
Vishnu Prakash R Punglia IPO Equity Size
This Initial Public Issue of 31,200,000 Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Million.
Vishnu Prakash R Punglia IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 31,200,000 Equity Shares of Rs.10/ each.
Issue Size: 31,200,000 Equity Shares of Rs.10 each, aggregating to Rs.[●] Million
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Vishnu Prakash R Punglia IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Vishnu Prakash R Punglia Share Price |
Vishnu Prakash R Punglia IPO Grey Market Premium
The Vishnu Prakash R Punglia Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
Vishnu Prakash R Punglia IPO – Company Overview
They have design and engineering, procurement, project management and quality management teams along with a fleet of four hundred and eighty-four (484) construction equipment and vehicles. Their in-house teams deliver their projects from design to completion.
This reduces their dependency on third parties for key materials such as ready-mix concrete, stone aggregates, and bitumen and services such as design and engineering, transportation and logistics required in the development and construction of their projects.
They undertake projects on an EPC basis, with or without operation and maintenance services (“O&M”). The scope of their services includes detailed engineering of the project, procurement of key materials, and project execution at the sites with overall project management up to the commissioning of these projects.
Vishnu Prakash IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Million) | ||||
| 31-Dec-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Total Assets | 7,438.55 | 4,978.12 | 3,310.45 | 3,090.21 |
| *Total Revenue | 7,142.73 | 7,873.87 | 4,876.73 | 3,753.93 |
| Total Expense | 6,458.42 | 7,270.06 | 4,619.95 | 3,570.37 |
| Profit After Tax | 507.35 | 448.47 | 189.82 | 126.55 |
Earnings per Equity Share (in Million)
| 31-Dec-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Basic & Diluted | 5.97 | 5.31 | 2.25 | 1.50 |
Further, their PAT for the period ended on Dec 31, 2022, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 507.35 Million, Rs. 448.47 Million, Rs. 189.82 Million and Rs. 126.55 Million respectively.
Vishnu Prakash R Punglia IPO – Promoters
The Promoter of this company is:
- VISHNU PRAKASH PUNGLIA,
- MANOHAR LAL PUNGLIA,
- SANJAY KUMAR PUNGLIA,
- KAMAL KISHOR PUNGALIA
- AJAY PUNGALIA
List of Related Parties (Key Managerial Personnel)
- Vishnu Prakash Punglia, Chairman and Whole-time Director
- Manohar Lal Punglia, Managing Director
- Sanjay Kumar Punglia, Whole-time Director and Chief Executive Officer
- Ajay Pungalia, Whole-time Director
- Kamal Kishor Pungalia, Whole-time Director
Vishnu Prakash IPO – Promoters Holding
- Pre-Issue Share Holding – %
- Post-Issue Share Holding – %
Vishnu Prakash IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 31,200,000 Equity Shares aggregating up to Rs.[●] Million |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | 93,444,000 Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
Vishnu Prakash R Punglia IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
- Funding capital expenditure requirements for the purchase of equipment/machineries
- Funding the working capital requirements of their Company; and
- General corporate purposes.
Vishnu Prakash R Punglia IPO – Business Strategy
- Geographical diversification
- Continued focus on their WSP business
- Pursuing other segments
- Focus on high-value contracts and investment in the latest equipment
- Leverage core competencies with enhanced in-house integration
Vishnu Prakash R Punglia IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- A focused player in WSPs;
- Visible growth through robust order book across segments;
- Diversified Clientele;
- Established track record of successfully completed projects;
- In-house integrated model; and
- Experienced Promoters and management team
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-22 | 5.31 | 32.94 | 18.79 |
| 31-Mar-21 | 2.25 | 18.24 | – |
| Mar-20 | 1.50 | 14.36 | – |
Vishnu Prakash IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Millions) | |
| Vishnu Prakash R Punglia Limited | 10 | [●] | 5.31 | 32.94 | 7,873.87 |
| Listed Peers | |||||
| PNC Infratech Ltd | 2 | 12.59 | 22.63 | 17.37 | 72,970.22 |
| H.G. Infra Engineering Ltd | 10 | 13.57 | 58.31 | 30.42 | 37,587.50 |
| NCC Limited | 2 | 13.61 | 7.91 | 9.17 | 112,086.80 |
Vishnu Prakash R Punglia IPO Lead Managers
| Lead Managers |
|
Choice Capital Advisors Private Limited
Pantomath Capital Advisors Private Limited
|
Vishnu Prakash R Punglia IPO Registrar to offer
| Registrar to the Offer |
| Link Intime India Private Limited C- 101, 1st Floor, 247 Park, L.B.S Marg, Vikhroli (West), Mumbai – 400083, Maharashtra, India Telephone: +91 22 8108114949, Fax: +91 22 49186060 Email: vishnuprakashrpunglia.ipo@linkintime.co.in Website: www.linkintime.co.in Contact Person: Shanti Gopalkrishnan SEBI Registration Number: INR000004058 |
Vishnu Prakash IPO – Other Details
- Statutory Auditor – M/s. Banshi Jain & Associates, Chartered Accountants
- Legal Counsel to the Company – Crawford Bayley & Co., Advocates and Solicitors
- Bankers to the Company – Bank of Baroda and Punjab National Bank
Vishnu Prakash IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Vishnu Prakash R Punglia Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Vishnu Prakash R Punglia IPO Review FAQs
Check out various FAQs related to Vishnu Prakash IPO:
What is the Issue Size of Vishnu Prakash IPO?
The Company is making an initial public offer of 31,200,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Vishnu Prakash IPO?
The price band for this particular IPO ranges between Rs NA. As far as the face value of the share is of concern, it is Rs. 10 per share.
What is the Vishnu Prakash R Punglia IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
What is the Vishnu Prakash IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
What is the Vishnu Prakash R Punglia IPO Listing Date?
Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Who is the Registrar of Vishnu Prakash IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Vishnu Prakash IPO?
Here are the promoters of this IPO – VISHNU PRAKASH PUNGLIA, MANOHAR LAL PUNGLIA, SANJAY KUMAR PUNGLIA, KAMAL KISHOR PUNGALIA AND AJAY PUNGALIA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Vishnu Prakash IPO?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.
Is Vishnu Prakash IPO Good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Vishnu Prakash R Punglia Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in Million is 448.47, 2021 is 189.82, and 2020 is 126.55. PAT from Dec 2022 is 507.35.
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