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Vision Infra Equipment Solutions Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Vision Infra Equipment Solutions Ltd IPO

Registered Office: Shop No. 401-405 Bhawani -,Intl.Business Bay Bhavani Peth , Pune - 411042 , Maharashtra , India.
Phone : +91 020 2644 0999   Fax:
Email :  info@visioninfraindia.com  
Website :  www.visioninfraindia.com
Initial public offer of upto 65,16,000 equity shares of face value of (Rs)10/- each (the "Equity Shares") of Vision Infra Equipment Solutions Limited ("The Company" or "VIESL" or "The Issuer") at an issue price of (Rs)163/- per equity share for cash, aggregating up to (Rs)106.21 crores ("Public Issue") out of which 3,36,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)163/- per equity share for cash, aggregating (Rs)5.48 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 61,80,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)163/-per equity share for cash, aggregating upto (Rs)100.73 crores is herein after referred to as the "Net Issue". the public issue and net issue will constitute 26.44% and 25.08 % respectively of the post- issue paid-up equity share capital of the company. The company in consultation with the book running lead manager, has allotted a pre-ipo placement of up to 8,26,400 equity shares by way of private placement at an issue price of (Rs)138 per equity share (including a premium of (Rs)128 per equity share) for an aggregate consideration of (Rs)11.40 crores. Accordingly, the size of the issue has been reduced by 8,26,400 equity shares. The investors that have subscribed to the equity shares of the company pursuant to the pre-ipo placement have been informed that there is no guarantee that the issue may come through or the listing may happen and accordingly, the investment was done by the relevant investors solely at their own risk. The face value of the equity shares is (Rs)10/- each. The issue price is 16.3 times with the face value of the equity shares. The anchor investor issue price is (Rs)163 per equity share.

Issue Money Payable On
Opens On Closes On Application Allotment
06-Sep-24 10-Sep-24 (Rs)163.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :800

  (Rs Cr) Lead Managers to the Issue
Project Cost 97.28
Hem Securities Ltd
Project Financed through Current Offer 106.21  
Post Issue Equity Share Capital 24.64  
Issue Price (Rs)163.00  
 
Projects
Funding capital expenditure towards purchase of additional equipmentGeneral corporate purposes
Funding to meet working capital requirements
Promoted By
Sachin Vinod Gandhi  
Chetan Vinod Gandhi  
Sameer Sanjay Gandhi  
Listing At
NSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd