IPO

V R Infraspace Ltd. IPO

V R Infraspace Ltd., established in 2015, operates in the Realty sector. The company's IPO opened on March 4, 2024 and closed on March 6, 2024, with an issue price of ₹85. The V R Infraspace Ltd. IPO ... Read more

Min Investment
₹ 1,36,000 / 1600 shares
Price Range
₹85
Bidding Dates
4 Mar '24 - 6 Mar '24
Total Issue Value
10.72 Cr
Lot Size
1,600
Total Issue Size
10.72 Cr
Listing At
NSE SME
Subscription
86.78 times
NSE Price
287.95 (238.76%)

IPO Timeline

  • 4 Mar 2024
    Bidding Starts
  • 6 Mar 2024
    Bidding Ends
  • 7 Mar 2024
    Allotment Finalization
  • 12 Mar 2024
    Listing

About V R Infraspace Ltd.

We are an integrated construction and real estate development company, focused primarily on construction and development of residential and commercial projects, in and around Vadodara, Gujarat. We believe that we have been serving people of Vadodara with our best residential projects and ... Read more

Parent organisation
Founded
V R Infraspace Ltd.
2015

V R Infraspace Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 1,21,600 (9.64%)
Non Institutional Investors 11,39,200 (90.36%)
Retail Individual Investors (RIIs) 11,39,200 (90.36%)

V R Infraspace Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 11.60 Cr 1.94 Cr 25.40 Cr
31 Mar 2023 18.47 Cr 2.62 Cr 5.58 Cr
31 Mar 2022 14.05 Cr 75.28 Lakh 2.96 Cr

V R Infraspace Ltd. Background

Major Events And Milestones
  • 2015
    Incorporation of the Company in the name and style of “V R Infraspace Private Limited”
  • 2016
    Launch its first project i.e. VR Celebrity Luxuriya
  • 2017
    Launch first commercial project i.e. VR One
  • 2019
    Launch of Residential project i.e. VR Imperia
  • 2023
    Converted into Public Limited Company vide fresh certificate of incorporation dated August 10, 2023.
V R Infraspace Ltd. Object of Issues

1. Investment into our subsidiary namely Daxon Realty (Formerly known as Narnarayan Enterprise)
2. To Meet Working Capital Requirement
3. General Corporate Expenses
4. Public Issue Expenses

V R Infraspace Ltd. IPO Listing Details
Listing Date
12 Mar 2024
NSE Symbol
VR
ISIN
INE0QQM01017
Final Issue Price
₹ 85
V R Infraspace Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 85.00
Open - ₹ 90.00
Low - ₹ 85.50
High - ₹ 91.00
Last Trade - ₹ 87.40
V R Infraspace Ltd. Company Promoters

1. Mr. Vipul Devchand Rupareliya
2. Mrs. Sumitaben Vipulbhai Rupareliya

Industry Overview

The real estate sector is one of the most globally recognized sectors. It comprises of four sub-sectors - housing, retail, hospitality, and commercial. The growth of this sector is well complemented by the growth in the corporate environment and the demand for office space as well as urban and ... Read more

V R Infraspace Ltd. Contact Details
Address: National Trade Center, NH. 8, Opp. L&T, Bapod, Vadodra Gujarat - 390019
Phone no:9737118885
9737118885
|
V R Infraspace Ltd. IPO Registrar
Link Intime India Pvt. Ltd.
C-101, 247 Park, L B S Marg, Vikhroli West, Mumbai Maharashtra - 400083
49186000
V R Infraspace Ltd. IPO Lead Manager(s)
Beeline Capital Advisors Pvt. Ltd.
B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath Rangoli Road, Thaltej, Ahmedabad Gujarat - 380054
48407357

FAQs

When does V R Infraspace Ltd. IPO opens and closes?

V R Infraspace Ltd. IPO opens from 4th March to 6th March 2024.

What is the size of V R Infraspace Ltd. IPO?

The size of the V R Infraspace Ltd. IPO is ₹10.72 Cr.

What is the minimum investment and lot size required for the V R Infraspace Ltd. IPO?

The minimum investment required is ₹1,36,000 and minimum lot size is 1600 shares.

When is V R Infraspace Ltd. IPO listing date?

The V R Infraspace Ltd. IPO will be listed on 12th March 2024.

What is the objective of V R Infraspace Ltd. IPO?

1. Investment into our subsidiary namely Daxon Realty (Formerly known as Narnarayan Enterprise)
2. To Meet Working Capital Requirement
3. General Corporate Expenses
4. Public Issue Expenses

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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