Vision Infra Equipment Solutions shares made an impressive debut on the NSE’s SME platform, initially priced at ₹163 and opening at a 25% premium at ₹205.00. They quickly reached an upper circuit limit of ₹215.25, showcasing a strong initial performance in the market.
The IPO of Vision Infra Equipment Solutions was overwhelmingly subscribed 68.14 times. Subscription rates were: 60.94 times by Qualified Institutional Buyers (QIB), 180.39 times by Non-Institutional Investors (NII), and 24.14 times by Retail Investors, reflecting robust demand across different investor categories.
Vision Infra Equipment Solutions Limited specialises in equipment rental, trading, and refurbishment across various sectors, offering both time-based and output-based pricing to optimise efficiency and cost control. They excel in road construction equipment leasing, handling everything from deployment to maintenance, backed by a skilled workforce, ensuring top-quality project delivery for diverse clients.
Vision Infra Equipment Solutions Ltd aims to allocate INR 46.81 Crores for expanding its road construction equipment fleet to boost efficiency and meet demand. Additionally, INR 36.50 Crores will address working capital needs, with remaining funds supporting general corporate purposes like growth, brand building, and strategic contingencies.