Vishnusurya Projects IPO

Vishnusurya Projects and Infra Limited

₹1,36,000 /2000 sharesMinimum Investment

Vishnusurya Projects IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
29 Sep ‘23 - 5 Oct ‘23₹1,36,0002,000₹68 - ₹68
Issue SizeIPO Doc
49.98Cr
RHP PDF

About Vishnusurya Projects

Vishnusurya Projects, founded in 1996, is involved in the extraction of raw stones and the production of aggregates and manufactured sand through crushing and sand-washing plants. Beyond mining, the company undertakes EPC projects, encompassing construction and infrastructure across key sectors such as water, transportation, rail, resources, and institutional development. The company has a portfolio of past projects, including the construction of villas, multi-story apartments, specialized contracts like compound walls, renovation projects, site formation, and more. It also designs and constructs various infrastructure projects for government bodies, autonomous institutions, and private entities within Tamil Nadu. Additionally, Vishnusurya Projects offers comprehensive solutions for drones as a service, catering to surveillance, mapping, and surveying needs, facilitating integration into various applications.;
Founded in
1996
Managing director
Mr. Sanal Kumar V
Parent organisation
Vishnusurya Projects and Infra Limited

Strengths & Financials of Vishnusurya Projects

Strengths
Risks
Vishnusurya Projects' profit after tax (PAT) has grown at a CAGR of 102.74% year-on-year from 2020-21 to 2022-23.
Their total income rose from Rs. 6,339.33 lakhs in 2021 to Rs. 9,603.62 lakhs in 2022 and Rs. 13,326.06 lakhs in 2023. It signifies a CAGR of 44.99% year-on-year.
In terms of project execution, Vishnusurya Projects has completed 17 projects in recent years. Among these, 10 are civil construction projects, 1 is a road construction project, and 6 are infrastructure-related projects, totaling an estimated value of Rs. 13,619.06 lakhs.
The company has also recorded Rs. 14,027.12 lakhs income by executing various engineering, procurement, and construction (EPC) projects, most of which are carried out in Tamil Nadu.
As of August 31, 2023, Vishnusurya Projects is actively engaged in the execution of 5 ongoing projects. This includes one road construction project and 4 EPC projects, with a combined order book value of Rs. 23,550 lakhs.
The company has generated income of around Rs. 7,955 lakhs from the execution of diverse EPC projects in recent years.
Vishnusurya Projects holds a Class I contractor accreditation from multiple departments and agencies. These include the Greater Chennai Corporation (GCC), the Government of Tamil Nadu Water Resources Department, the Tamil Nadu Water Supply and Drainage Board, and the Highways Departments.

Vishnusurya Projects Financials

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

Application Details of Vishnusurya Projects IPO

Apply asPrice bandApply upto
Regular68 - 68₹2 Lakh
High Networth Individual68 - 68₹2 - 5 Lakh
For Vishnusurya Projects IPO, eligible investors can apply as Regular.
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