The Vision Infra Equipment Solutions IPO is a highly anticipated upcoming SME IPO scheduled for September 2024. This article provides you with all the essential information about this IPO, including subscription dates, price band, allotment, listing details, and how to apply. We’ll also dive into the company’s business overview, financials, and how to track the Vision Infra Equipment Solutions IPO GMP (Grey Market Premium). By the end of this article, you’ll have a clear understanding of whether this IPO is a suitable investment for you.
Vision Infra Equipment Solutions IPO Overview
The Vision Infra Equipment Solutions IPO is a Construction Equipment IPO offering a total issue size of ₹106.21 crore. This entire issue is a fresh offering, meaning no shares are being sold by existing shareholders. The Vision Infra IPO is scheduled to open for subscription on September 6, 2024, and will close on September 10, 2024. The price band has been set between ₹155 and ₹163 per share, with a face value of ₹10 per share.
Investors can apply for this IPO in lots, with each lot consisting of 800 shares. The minimum investment required would be ₹130,400 for one lot. High Net Worth Individuals (HNIs) must purchase a minimum of 1600 shares, amounting to ₹260,800.
Key Details:
- IPO Size: ₹106.21 crore
- Subscription Dates: September 6th – September 10th, 2024
- Price Band: ₹155-₹163 per share
- Allotment Date: September 11, 2024
- Listing Date: September 13, 2024
- Minimum Lot Size: 800 shares
- Exchange: NSE SME
Vision Infra Equipment Solutions Business Overview
Founded in October 2015, Vision Infra Equipment Solutions Limited operates within the infrastructure equipment sector, focusing on renting and trading road construction machinery. The company has made a name for itself by providing specialized services to sectors like airports, smart cities, irrigation, mining, and railroads. The company’s core services include:
- Renting road construction machines
- Trading used road construction machinery
Vision Infra Equipment Solutions has a large fleet of road construction equipment, which is either rented out based on time or performance. The company buys used machines, refurbishes them, and then resells them to various sectors, ensuring they meet all safety and quality standards. With a customer base that has grown from 65 in FY 2021 to 90 in FY 2023, the company is well-positioned to capitalize on the growing demand for infrastructure development in India.
Vision Infra Equipment Solutions Financials
Understanding the financial health of a company is crucial before investing in any IPO. Below is a snapshot of Vision Infra Equipment Solutions’ financial performance over the last few years:
- Total Assets: Increased from ₹14,886.92 lakhs in FY 2021 to ₹26,796.33 lakhs as of November 2023.
- Revenue: The company’s revenue grew significantly from ₹16,254.47 lakhs in FY 2021 to ₹36,889.54 lakhs in FY 2023.
- Profit After Tax (PAT): Although revenue increased, the PAT slightly declined by -0.97% from FY 2022 to FY 2023.
- Net Worth: As of November 2023, the company’s net worth stands at ₹1,730 lakhs.
- Total Borrowing: The company’s borrowings have also increased, reaching ₹20,664.02 lakhs by November 2023.
This financial information demonstrates a stable performance, making the Vision Infra Equipment Solutions IPO an interesting prospect for investors looking to enter the infrastructure equipment sector.
How to Apply for Vision Infra Equipment Solutions IPO
If you’re interested in applying for the Vision Infra Equipment Solutions IPO, you have a couple of options:
- Zerodha: You can apply online through Zerodha’s back office software “console.” Ensure you have a UPI payment setup. For a detailed guide, visit the Zerodha IPO application guide.
- ASBA (Application Supported by Blocked Amount): This is another method where you can apply online via your preferred net banking service, using the DP information from Zerodha.
For more information, you can also refer to the IPO Subscription page.
Vision Infra Equipment Solutions IPO GMP (Grey Market Premium)
The Vision Infra Equipment Solutions IPO GMP is an important indicator for many investors, as it provides insights into the market’s perception of the IPO’s potential listing gains. As of September 2, 2024, the GMP is reported to be ₹0, indicating that there is no expected premium or discount in the grey market. This could change as we approach the listing date, so keep an eye on the IPO GMP page for real-time updates.
Vision Infra Equipment Solutions IPO Strengths
Investing in an IPO involves evaluating the company’s strengths and potential for growth. Here are some key strengths of Vision Infra Equipment Solutions:
- Large and Young Fleet: The company owns a sizable and relatively new fleet of road construction equipment.
- Extensive Domestic Presence: Vision Infra has a vast customer base across India, providing a strong foundation for future growth.
- Experienced Team: The company boasts a seasoned team of promoters and senior management, with a proven track record in the infrastructure equipment sector.
- Stable Financial Performance: Despite challenges, the company has maintained a stable financial performance, showcasing its resilience in the market.
Vision Infra Equipment Solutions IPO Risks
While the Vision Infra Equipment Solutions IPO has several strengths, there are also risks that potential investors should consider:
- High Borrowings: The company’s borrowings have increased over the years, which could impact profitability if not managed carefully.
- Dependency on Infrastructure Projects: The company’s success is closely tied to the progress of infrastructure projects in India. Any delays or policy changes could affect business operations.
Vision Infra Equipment Solutions IPO Important Dates
Here are the important dates related to the Vision Infra Equipment Solutions IPO:
- Subscription Opens: September 6, 2024
- Subscription Closes: September 10, 2024
- Allotment Date: September 11, 2024
- Refund Initiation: September 12, 2024
- Credit of Shares: September 12, 2024
- Listing Date: September 13, 2024
For more details, you can visit the Upcoming IPOs page on our website.
FAQs about Vision Infra Equipment Solutions IPO
1. How to subscribe to the Vision Infra Equipment Solutions IPO using Zerodha?
- You can apply online through Zerodha’s back office software “console.” Ensure you have a UPI payment setup. Detailed instructions are available here.
2. What is the Vision Infra Equipment Solutions IPO price band?
- The price band is set between ₹155 and ₹163 per share.
3. When will the Vision Infra Equipment Solutions IPO be listed?
- The tentative listing date is September 13, 2024.
4. What is the Vision Infra Equipment Solutions IPO allotment date?
- The allotment date is expected to be September 11, 2024.
5. How to check the Vision Infra Equipment Solutions IPO allotment status?
- You can check the allotment status on the IPO Allotment page after the allotment date.
Conclusion
The Vision Infra Equipment Solutions IPO presents a unique investment opportunity in the infrastructure equipment sector. With a robust business model, a growing customer base, and a stable financial track record, this IPO could be a good addition to your investment portfolio. However, it’s essential to consider the risks involved and stay informed about the market conditions as the subscription dates approach. For the latest updates and more detailed analyses, visit our IPO Review page.
