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.
Open Date : July 23, 2024 Close Date : July 25, 2024 Allotment Date: July 26, 2024 Listing Date: July 30, 2024
IPO Price: INR 91-93 per share Lot Size: 1200 Shares Total Issue Size: INR 61.21 crores
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.
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
VVIP Infratech Limited’s main objective is to manage capital expenditure and working capital effectively.
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.