V.L.Infraproject IPO

V.L.Infraprojects Ltd

₹1,17,000 /3000 sharesMinimum Investment

V.L.Infraproject IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹42.00₹79.80₹37.80 (90.00%)

V.L.Infraproject IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
23 Jul ‘24 - 25 Jul ‘24₹1,17,0003,000₹39 - ₹42
Issue SizeIPO Doc
18.52Cr
RHP PDF

About V.L.Infraproject

V L Infraprojects Limited executes water supply and sewerage infrastructure projects. Its operations involve the procurement, joining, installation, and commissioning of pipes, related civil engineering works, the construction of pumping stations, and the installation of electro-mechanical equipment for water transportation from rivers to households. Additionally, the company offers operations and maintenance services for water distribution pipelines. V L Infraprojects is also involved in the design, construction, and commissioning of government projects, particularly in the sectors of water infrastructure and irrigation. It has now diversified into road construction, irrigation, and environmental projects.;
Founded in
2014
Managing director
Mr. Rajagopal Reddy
Parent organisation
V.L.Infraprojects Ltd

Strengths & Financials of V.L.Infraproject

Strengths
Risks
Over the years, V L Infraprojects Limited has completed about 30 projects valued at Rs 104.86 crore. This highlights the company’s ability to handle large, multiple projects simultaneously. As of March 27, 2024, the company is actively managing 14 ongoing projects worth around Rs 327.55 crore.
It holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications for quality, environmental, and occupational health and safety management.
The company has notched up a consistent increase in revenue from operations and profit after tax (PAT) over the years. The former rose from Rs 30.72 crore in FY21 to Rs 35.55 crore in FY22, and further to Rs 45.56 crore in FY23. PAT, too, increased from Rs 0.83 crore in FY21 to Rs 1.10 crore in FY22 to Rs 2.23 crore in FY23.
V L Infraprojects has experience in water supply projects (WSPs). These projects include the construction and development of pipelines, water tanks, reservoirs, tunnels, overhead tanks, water treatment plants, and irrigation projects. Currently, the company’s order book includes WSPs set for execution across Madhya Pradesh, Telangana, and Gujarat as of December 31, 2023.
The company is a government-approved AA Class contractor for the government of Gujarat, a civil/electrical contractor license holder of the Karnataka State Public Works Department, special class registration with the Government of Telangana, and contractor registration with the government of Madhya Pradesh.

V.L.Infraproject Financials

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

Application Details of V.L.Infraproject IPO

Apply asPrice bandApply upto
Regular39 - 42₹2 Lakh
High Networth Individual39 - 42₹2 - 5 Lakh
For V.L.Infraproject IPO, eligible investors can apply as Regular.
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