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V.L.Infraprojects 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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V.L.Infraprojects Ltd IPO

Registered Office: # 716 Shivalik Satyamev,Near Vakil Saheb Bridge Bopal , Ahmedabad - 380058 , Gujarat , India.
Phone : +91 99988 50177   Fax:
Email :  cs@vlil.in  
Website :  www.vlil.in
Initial public issue of 4410000 equity shares of face value of (Rs)10/- each of V.L.Infraprojects Limited ("VLIL" or the "Company" or the "Issuer") for cash at a price of (Rs)42/- per equity share including a share premium of (Rs)32/- per equity share (the "Issue Price") aggregating to (Rs)18.52 crores ("The Issue"), of which 240000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)42/- per equity share including a share premium of (Rs)32/- per equity share aggregating to (Rs)1.01 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 4170000 equity shares of face value of (Rs)10/- each at a price of (Rs)42/- per equity share including a share premium of (Rs)32/- per equity share aggregating to (Rs)17.51 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 28.07% and 26.54%, respectively, of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Jul-24 25-Jul-24 (Rs)42.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 16.49
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 18.52  
Post Issue Equity Share Capital 15.71  
Issue Price (Rs)42.00  
 
Projects
To meet working capital requirementsGeneral corporate purposes
Promoted By
Rajagopal Reddy Annam Reddy  
Mydhili Rajagopal Reddy  
Nageshwara Rao Repuri  
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt