Vision Infra Equipment Solutions IPO – The IPO open date for Vision Infra Equipment Solutions is September 6, 2024, and the IPO closes on September 10. Vision Infra Equipment Solutions is a book-based issue. The business plans to raise about ₹106.21 crores through an IPO, which includes a fresh issue of ₹106.21 crores.
Vision Infra Equipment Solutions IPO Details
| IPO Open Date | September 6, 2024 |
| IPO Close Date | September 10, 2024 |
| Listing Date | Friday, September 13, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹155 to ₹163 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 6,516,000 shares
(aggregating up to ₹106.21 Cr) |
| Fresh Issue | 6,516,000 shares
(aggregating up to ₹106.21 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
Vision Infra Equipment Solutions Financials
In November 2023, the company reported revenue of ₹207.18 crore, compared to ₹368.90 crore in 2023. In contrast to its 2023 profit of ₹9.19 crores, the company reported a profit of ₹15.45 crores in November 2023. Investors in the IPO should apply for a lengthy term, according to the financials.
| FY 2023 | |
| Assets | 26,796.33 |
| Revenue | 20,718.23 |
| Profit After Tax | 1,544.98 |
| Net Worth | 1,730.00 |
| ROE: | 33.32% |
| ROCE: | 30.63% |
| EBITDA Margin: | 15.47% |
| PAT Margin: | 2.55% |
| Debt to equity ratio: | 5.05 |
| Earning Per Share (EPS): | ₹5.31 |
Vision Infra Equipment Solutions IPO Objective
The Company intends to fund the following items with the Net Proceeds from the Issue:
- financing capital expenditure for the acquisition of extra equipment financing
- to satisfy the needs for working capital
- Overarching Business Objective
About the Company – Vision Infra Equipment Solutions
Vision Infra Equipment Solutions Limited was established in 2015 and offers services in the domains of airports, smart cities, irrigation, buildings and factories, mining, and railroads. The company’s services include road construction machine rental, trading, and reconditioning. Road construction equipment is hired out in two ways: (i) time-based pricing and (ii) output-based pricing. The time-based pricing model requires users to pay for equipment depending on its use or term of use, which is primarily a fixed charge. In contrast, output-based pricing requires the consumer to pay for about the Company – Vision Infra Equipment Solutions.
