As of July 22, 2024, VVIP Infratech IPO has a ₹47 as Grey Market Premium, with a price range of ₹91 to ₹93 per share. Offering lots of 1200 shares, the subscription window is open from July 23 to July 25, 2024.
VVIP Infratech Limited IPO GMP Today
The Grey Market Premium (GMP) for VVIP Infratech Limited is ₹47 as of July 22, 2024. This assessment coincides with a price of ₹91 to ₹93 per share for the IPO.
VVIP Infratech Limited IPO Review
VVIP Infratech Ltd’s financial analysis shows a mixed performance. Revenue grew from ₹18,188.53 lakhs in March 2022 to ₹20,889.94 lakhs in March 2023, with ₹12,114.48 lakhs in the first half of 2023. Equity consistently increased, reflecting potential growth, while the debt-equity ratio decreased, indicating reduced debt reliance.
Profit after tax surged from ₹452.96 lakhs in March 2022 to ₹1,226.77 lakhs by September 2023, boosting investor confidence. However, diluted EPS fell from ₹74.83 to ₹42.00. RoNW rose from 6.66% to 12.43%, showing improved shareholder returns. Despite increased total assets.
To get a full IPO review, click here VVIP Infratech IPO
VVIP Infratech Limited IPO Date
VVIP Infratech Limited will start accepting subscriptions from July 23, 2024, to July 25, 2024.
VVIP Infratech Limited IPO Price
VVIP Infratech Limited’s price range is ₹91 to ₹93 per share with a face value of ₹10 each.
VVIP Infratech Limited
VVIP Infratech Limited, an established Indian infrastructure firm, boasts over 20 years of experience in projects like sewers, treatment plants, and electrical distribution. Renowned for quality and timely delivery, the company excels in STPs, with a notable Rs. 477.62 Crores order book, highlighting strong growth prospects and innovative capabilities in northern India.
How To Apply For VVIP Infratech Ltd IPO?
To apply for the VVIP Infratech IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for VVIP Infratech on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the VVIP Infratech IPO at Alice Blue in just a few clicks!