Vision Infra Equipment Solutions IPO: Read in Detail

• Vision Infra Equipment Solutions IPO is a book-built issue of Rs 106.21 crores.
• This upcoming IPO bidding opens on Sep 6 and closes on Sep 10, 2024.
• Vision Infra Equipment Solutions IPO price is set at Rs 155 to Rs 163 per share.
• The minimum investment required is Rs 1,30,400.

Vision Infra Equipment Solutions IPO: Synopsis

Vision Infra Equipment Solutions IPO is open for subscription starting Friday, September 6, 2024, and closing on Tuesday, September 10, 2024. This upcoming IPO's price is Rs 155 to Rs 163 per share. The minimum lot size set for the retail category is 800 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 1600 shares. The minimum investment required for retail category investors is Rs 1,30,400 (163 x 800 shares). However, for the HNI category, the minimum investment amount required is Rs 2,60,800 (163 x 1600 shares). Vision Infra Equipment Solutions IPO is a book-built issue of Rs 106.2 crores. This upcoming IPO is an entirely fresh issue of 65.16 lakh equity shares. The allotment for this new IPO is expected to be finalised on Wednesday, September 11, 2024. Vision Infra Equipment Solutions IPO will be listed on NSE SME on Friday, September 13, 2024. Hem Securities Limited is the book-running lead manager, Link Intime India Private Limited is the registrar, and Hem Finlease is the market maker for this IPO. 

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Vision Infra Equipment Solutions IPO: About the Company

Vision Infra Equipment Solutions Limited was founded in 2015, engaged in the business of providing services in the fields of airport, smart cities, irrigation, factories, railroads etc. Vision Infra Equipments service portfolio includes the rental of road construction machines as well as the trade and reconditioning of these machines. Road construction machinery is rented out in two ways - 1) Time-based pricing and 2) Output-based pricing. In the time-based pricing model, customers pay for the equipment based on its use or period of use, which is primarily a fixed fee. However, in the  output-based pricing, the customer pays for the service based on the results or outcomes achieved by the service provided. As per the latest data available, the company has a team of 227 permanent employees and 763 contract employees, including administrative staff, operators, drivers, electricians, engineers, helpers, logistics mechanics, painters, supervisors, and welders, all of whom are required for operations.

Vision Infra Equipment Solutions IPO: Objectives

The money raised through this IPO will be used in funding the capital expenditure requirements toward the purchase of additional equipment. Also to meet the day-to-day capital requirements of the company. 

Vision Infra Equipment Solutions IPO: Other Important Details

Time-Table of Vision Infra Equipment Solutions IPO

Vision Infra Equipment Solutions IPO: Financial Metrics (Amt in Rs Lakhs)

Vision Infra Equipment Solutions IPO posted revenue of Rs 20,718.23 lakhs and net profit of Rs 1,544.98 lakhs for the period ending on 30 Nov 2023. The company’s revenue increased by 20.91%, and PAT dropped by 0.97% between the FYs, ending on 31 March 2023 and 31 March 2022.

Minimum Investment: Lot Size Details 

Promoters of Vision Infra Equipment Solutions IPO Limited and Their Holdings

The promoters of Vision Infra Equipment Solutions IPO are Sachin Vinod Gandhi, Chetan Vinod Gandhi and Sameer Sanjay Gandhi. The promoters' shareholdings before the IPO were 100%; however, shareholding details after the IPO are not yet available. 

Vision Infra Equipment Solutions IPO: Strength of Company

1.     Vision Infra Equipment Solutions provides services in the fields of airports, smart cities, irrigation, buildings and factories, mining and railroads.

2.     The company's return on capital employed is 28.29% and post IPO the EPS is expected to be 9.73.

3.     Vision Infra Equipment Solutions IPO is consistently earning profits with a stable revenue on a yearly basis. 

FAQs

1. What are the details of the Vision Infra Equipment Solutions IPO?

Vision Infra Equipment Solutions IPO is a book-built issue of Rs 106.2 crores. This upcoming IPO is an entirely fresh issue of 65.16 lakh equity shares. The allotment for this new IPO is expected to be finalised on Wednesday, September 11, 2024. 

2. Who are the lead managers for the Vision Infra Equipment Solutions IPO?

Hem Securities Limited is appointed as the book-running lead manager for the IPO.

3. What is the role of Link Intime India in this IPO?

Link Intime Private Limited is the registrar for Vision Infra Equipment Solutions IPO Limited, handling the IPO's administrative aspects.

4. How can I apply for the Vision Infra Equipment Solutions IPO?

The public subscription of this new IPO will open on September 6, 2024. Click here to initiate the application process. 

5. How will the net proceeds from the IPO be utilised?

The money raised through this IPO will be used in funding the capital expenditure requirements toward the purchase of additional equipment. Also to meet the day-to-day capital requirements of the company. 

6. How can I check the allotment status of the IPO?

Investors who applied can check the allotment status of the Vision Infra Equipment Solutions IPO Limited IPO by visiting here. For further updates follow Bigul. 

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