In this article, you will learn about Vishnusurya Projects and Infra Limited IPO Allotment Status, registrar, allotment dates, and more. Vishnusurya Projects and Infra Limited is affiliated with mining stones, auxiliary transport works, and activities of travel organizations. On Sep 29, they started IPO bidding and issued 73.5 lakh shares at Rs 68 per share. To get more about Vishnusurya Projects and Infra Limited IPO and more information, scroll through!
- Vishnusurya Projects and Infra Limited
- Vishnusurya Projects and Infra Limited IPO Allotment Status
- Vishnusurya Projects and Infra Overview
- Vishnusurya Projects and Infra Limited IPO GMP Today
- Vishnusurya Projects and Infra Limited Share Price
- Vishnusurya Projects and Infra Limited IPO Allotment Status Check
Vishnusurya Projects and Infra Limited
Vishnusurya Project and Infra allotted 73.5 lakh shares with a per-share price of Rs 68 on Sep 29, 2023. Around 7,350,000 shares were assigned at the minimum lot size of 2,000 shares. Vishnusurya Project and Infra have completed over 27 years of mining stones, auxiliary transport works, and activities of travel organizations.
From March 2021 to March 2023, the assets increased by 95094cr to 121cr. The financial growth rate of the company has observed a decent transformation in FY21. But you also have to notice that company borrowing has increased from 14.7cr to 36.2cr with a debt ratio 1.03.
Vishnusurya Projects and Infra Limited IPO Allotment Status
A particular person can hold up to two lots of shares, which is a total of 4000. Per lot is 2000 shares, which is 1.36 lakh; for 4000 shares, the lot price is 2.72 lakh. The allotment starts on Sep 29 and ends on Oct 5, 2023.
To check the allotment status, we have shared the complete step-by-step process below.
Vishnusurya Projects and Infra Overview
|Article Title||Vishnusurya Project and Infra Limited|
|IPO Start date||Sep 29, 2023|
|End Date||Oct 5, 2023|
|Price||Rs 68 per share|
|Face Value||Rs 10 per share|
|Fresh Issue||49.98 Cr|
|Total Issue||Around 7,350,000 shares|
|Maximum Holds||4000 shares|
|Issue Type||Fix Price IPO|
|Pre Issue shareholding||17,259,671|
|Post issue shareholding||24,609,671|
|Listing On||NSE SME|
|Listing Date||Oct 13, 2023|
|Return||Oct 11, 2023|
Vishnusurya Projects and Infra Limited IPO GMP Today
GMP Grey market price is not a certified price. It is just an informal price, but in most cases, it is acknowledged as a reasonable price for the demand and supply of the IPO.
|Sep 29, 2023||Rs 32|
|Sep 30, 2023||Rs 32|
|Oct 1, 2023||Rs 32|
|Oct 2, 2023||Rs 32|
|Oct 3, 2023||Rs 30|
|Oct 4, 2023||Rs 30|
|Oct 5, 2023||Rs 12|
|Oct 6, 2023||Rs 10|
In the above table, the grey market premium price is around Rs 32, meaning if you buy the share at 68, the listing price will be around Rs 100 per share. But these dynamics keep changing; as of Oct 6, if you buy this share at Rs 68, then it will be listed at around Rs 78 per share.
The GMP of Rs 40 on a fixed IPO of Rs 68 shows that Vishnusurya Projects and Infra Limited is listing with a premium of 44.15% over the listing price per share. Before buying the shares, you need to analyze the GMP trend closely.
Vishnusurya Projects and Infra Ltd has released around 50 crore fresh IPO with no offer. It is a fixed-price IPO worth rs 68 per share with a face value of Rs 10. They entail the issue of 73.5 lakh shares.
The investors must not delay in checking the relevant information for the grey market premium. They can follow an easy procedure from below to check the IPO Allotment Status.
Vishnusurya Projects and Infra Limited IPO Allotment Status Check
- Open the web page and search for Vishnusurya Projects and Infra Limited IPO Allotment Status check.
- A site will open where you have to select the type ‘Equity’ or ‘Issue.’
- Then, many company names will appear, search, and select the Vishnusurya Projects and Infra Limited IPO option.
- Then, you have to fill in your PAN / Application Number.
- Please select I’m not a robot
The aforementioned steps will be effective for the investors to get the required details.
From March 2021 to March 2023, the assets increased by 95094cr to 121cr. Considering the increased revenue of the company it is more than 58 crore for FY21. The investors must also notice that company borrowing is increased by 14.7cr to 36.2cr with debt ratio of 1.03.
Analysis from this data is precise that this is the correct time to buy the shares. Still, we will suggest you get assistance from a financial expert before investing!