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VVIP Infratech Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the VVIP Infratech Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

IPO Snapshot

Key metrics and details at a glance.

Price Band

₹93

Per Share

Lot Size

1200 Shares

Minimum Investment

₹1,11,600

Issue Size

₹61.21 Cr

Face Value

₹10

Per Share

IPO Type

Book Building - SME

Retail Quota

35%

QIB Quota

50%

NII Quota

15%

IPO Timeline

Important dates for your applying strategy.

IPO Opens23 Jul
IPO Closes25 Jul
Basis of Allotment26 Jul
Refund Initiation29 Jul
Shares Credited29 Jul
Listing Date30 Jul
IPO Process Completed

Subscription Status

Live demand across investor categories.

Track real-time subscription levels:

*Real-time data subject to exchange updates

Qualified Institutional Buyers (QIB)168.45x
Non-Institutional Investors (NII)335.90x
Retail Individual Investors (RII)181.73x
Overall Subscription219.97x

VVIP Infratech Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

92.34%

Promoter Holding (Post-Issue)

67.99%

Issue Type

Book Building - SME

ISIN

INE0MNP01016

About the Company

"VVIP Infratech Limited" (Formerly known as "Vibhor Vaibhav Infra Private Limited") is a Class "A" civil and Electrical contractor. "VVIPL" is engaged in the business of execution and construction of infrastructure projects such as Sewer, Sewer Treatment Plants, Water Tanks, Water Treatment Plants, Sector Development work, Electrical Distribution and Sub Stations upto 33 KVA, Jal Jeewan Mission work etc. "VVIPL" has constructed two 56 MLD STPs using Sequential Batch Reactor (SBR) technology in the year 2013.

Industry Overview

India's high growth imperative in 2023 and beyond will significantly be driven by major strides in key sectors with infrastructure development being a critical force aiding the progress. Infrastructure is a key enabler in helping India become a US $26 trillion economy. The India Water and Wastewater Treatment Technologies Market size is expected to grow from USD 0.92 billion in 2023 to USD 1.54 billion by 2028, at a CAGR of 10.78% during the forecast period (2023-2028). India has the second largest road network in the world, spanning about 63.73 lakh kilometres, which includes national highways, state highways, district roads, and rural roads. This extensive network ensures connectivity across various regions of the country.

Company History

VVIP Infratech Limited was originally incorporated as a private limited Company under the name of "Vibhor Builders Private Limited" on August 10, 2001 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Delhi, bearing registration number as 111999. The name of the company was changed to Vibhor Vaibhav Infra Private Limited vide certificate dated December 17, 2007. Thereafter, the Company was converted from private limited to public limited, pursuant to special resolution passed by the shareholders of the Company at the Extraordinary general meeting held on November 28, 2023 and the name of the Company was changed from "VVIP Infratech Private Limited" to "VVIP Infratech Limited" vide fresh certificate of incorporation dated January 04, 2024 issued by the Registrar of Companies, Kanpur.

Products & Services

  • VVIP Infratech Limited is engaged in the business of execution and construction of infrastructure projects.

Customer Base

Wholesaler and Retailer

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Consolidated figures
Financial Performance Categories

Revenue

+77.4%vs FY23

Amount in ₹ crore

209
284
371
FY23FY24FY25

Profit After Tax (PAT)

+166%vs FY23

Amount in ₹ crore

13.6
20.1
36.1
FY23FY24FY25

Total Assets

+125%vs FY23

Amount in ₹ crore

242
263
545
FY23FY24FY25

Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offer of 65,82,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of VVIP Infratech Limited ("The Company" or "VVIPL" or "The Issuer") at an issue price of Rs. 93 per equity share for cash, aggregating Rs. 61.21 crores ("Public Issue") out of which 3,38,400 equity shares of face value of Rs. 10 each, at an issue price of Rs. 93 per equity share for cash, aggregating Rs. 3.15 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 62,43,600 equity shares of face value of Rs. 10 each, at an issue price of Rs. 93 per equity share for cash, aggregating upto Rs. 61.21 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.36 % and 25.005 % respectively of the post-issue paid-up equity share capital of the company.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

Strengths and Risk Factors
  • Strong order book of projects across India.
  • Strong high-quality work, on-time delivery, and competitive pricing.
  • Experienced and qualified engineers and technicians.
  • Track record of operating and financial performance and growth.
  • The Company, Directors, Promoters, Subsidiaries and Group Companies may be involved in certain litigation which is currently pending at various stages. Any adverse decisions in these cases against the Company, Promoter and Director may impact business and operations of the Company.
  • Its Registered Office is located on leased premises and there can be no assurance that this lease agreement will be renewed upon termination or that the company will be able to obtain other premise on lease on same or similar commercial terms. Any interference with its entitlements as the licensee/lessee or the cancellation of contracts with its licensors/lessors could have a negative effect on the company activities and, as a result, its overall business.
  • Its business is working capital intensive. If the company experience insufficient cash flows to meet required payments on its working capital requirements, there may be an adverse effect on the results of its operations and financial condition.
  • Failures of customers to make timely payments could necessitate increased working capital investment and/or reduced profits, thereby impacting its operational and financial performance.
  • A significant portion of its operational revenue is derived from a select group of top ten suppliers. The loss of business from any or all of these suppliers could negatively impact its financial performance.

Frequently Asked Questions

01

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.
03

When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.
04

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.
05

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.