VVIP Infratech IPO

VVIP Infratech IPO: Fresh issue of 65,82,400 shares worth INR 61.21 crores to support capital expenditures, working capital, and general corporate purposes.

Important Details

Open Date : July 23, 2024 Close Date : July 25, 2024 Allotment Date: July 26, 2024 Listing Date: July 30, 2024

Important Details

IPO Price: INR 91-93 per share Lot Size: 1200 Shares Total Issue Size: INR 61.21 crores

Fundamental Analysis

VVIP Infratech IPO analysis shows mixed performance: 1. Increased revenue and equity growth. 2. Improved profitability and RoNW, Decreased EPS. 3. Higher total assets but weaker liquidity. 4. Strong inventory turnover indicates efficient sales.

Peer Comparison

1. VVIP Infratech Limited: Strong financial performance. 2. EMS Limited: Significant revenue and profitability. 3. Vishnu Surya Projects and Infra Limited: Solid results. 4. Highlights varying financial strengths across companies

Objective

VVIP Infratech Limited’s main objective is to manage capital expenditure and working capital effectively.

Risks And Challenges

VVIP Infratech IPO risks: 1. Ongoing litigation may impact business. 2. Uncertainties around lease renewal and contract stability. 3. Challenges in meeting FY 2024 working capital needs.