Vishnusurya Projects and Infra IPO Details

Open Date

29 Sep 2023

05 Oct 2023

2000 shares

₹49.98 Cr

Lot Size

IPO Size

Listing At

NSE SME

Listing  Date

Price Range

₹68 per share

Close Date

Allotment Date

10 Oct 2023

13 Oct 2023

IPO Details

Vishnusurya Projects and Infra Limited, a 1996 incorporation, engages in the mining of uncut stones, the production of aggregates, and the creation of sand utilizing crushing units and sand washing machines. There are three business verticals for the company: Engineering, Procurement, and Construction (EPC): The company provides a wide range of capabilities in the construction of commercial and mixed-use developments, IT and institutional spaces, retail (malls), offices, industrial parks, residential projects, luxury villas, resorts, factories and warehouses, stadiums, exhibition and convention centers, entertainment, industrial construction, and brownfield development.

About the Company

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: Funding of working capital requirements of the Company. Repayment / Prepayment, in part or full, of certain outstanding borrowings availed by the Company. General Corporate Purposes.

Objective

The book-running lead managers to the offer are: Khandwala Securities Ltd

Book Runners

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