Vishnu Prakash R Punglia IPO

Vishnu Prakash R Punglia Limited

₹14,100 /150 sharesMinimum Investment

Vishnu Prakash R Punglia IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE & NSE₹99.00₹163.00₹64.00 (64.65%)

Vishnu Prakash R Punglia IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
24 Aug ‘23 - 28 Aug ‘23₹14,100150₹94 - ₹99
Issue SizeIPO Doc
308.88Cr
RHP PDF

Subscription rate

Qualified Institutional Buyers171.69x
Non-Institutional Investor111.02x
Retail Individual Investor31.96x
Employees12.93x
Total87.79x

About the company

Vishnu Prakash R Punglia is an integrated engineering, procurement, and construction (EPC) company with a strong track record in designing and building diverse infrastructure projects. These projects cater to governmental bodies at both central and state levels and autonomous and private entities, spanning 9 States and 1 Union territory within India. The company primarily focuses on four key business segments: water supply projects (WSP), railway projects, road projects, and irrigation network projects. The company specializes in EPC-based projects, offering the flexibility of including operation and maintenance services (O&M) as needed. Their comprehensive services encompass detailed project engineering, essential material procurement, and on-site execution. They manage the entire project lifecycle, leading up to successful project commissioning. Moreover, the company operates and maintains projects per their contractual agreements' terms.;
Founded in
1986
Managing director
Mr. Manohar Lal Punglia
Parent organisation
Vishnu Prakash R Punglia Limited

Strength and risks

Strengths
Risks
Vishnu Prakash R Punglia has extensive experience in successfully executing water supply projects involving the construction and development of various vital infrastructures. To date, the company has completed more than 75 WSPs.
The company has executed WSPs for multiple states, including Rajasthan, Uttar Pradesh, Manipur, Uttarakhand, Gujarat, Assam, and Haryana, as of July 15, 2023.
As of July 15, 2023, ongoing projects amounting to Rs. 6183.58 crores are in progress. Among these, work worth Rs. 2384.05 crores has already been executed.
Over the years, the company has been actively involved in a wide spectrum of infrastructure projects commissioned by various departments of both Central and State Governments, spanning diverse locations and sectors.
The company has consistently secured multiple projects from the same clients, including 19 new projects from the Public Health Engineering Department (PHED) in Rajasthan over the past two years.
As of March 31, 2023, the company's fleet comprises approximately 499 construction equipment and vehicles.
The combined gross block value of the company's property, plant, and equipment stands at Rs. 136.12 crores.
The company has significantly enhanced its project execution capacity over time. In 2021, they secured a WSP from PHED in Manipur, valued at Rs. 433.29 crores. It's a substantial increase compared to a previous partnership project with PHED in Rajasthan back in 2002, which was worth Rs. 1.98 crores.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular94 - 99₹2 Lakh
Employee85 - 90₹2 Lakh
High Networth Individual94 - 99₹2 - 5 Lakh
For Vishnu Prakash R Punglia IPO, eligible investors can apply as Regular & Employee.
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