Updates about the upcoming Vision Infra Equipment Solutions IPO with details
Vision Infra Equipment Solutions specializes in providing cutting-edge infrastructure equipment and solutions to enhance construction and development projects. It has announced that its IPO will open on September 6th and conclude on September 10th, 2024. It aims to gather INR 106.21 crore with a price band of INR 155 to INR 163 per share and a minimum market lot of 800 shares.
Table of Contents
- Company Overview
- Company Strategy
- Details on IPO Date and Price Band
- IPO Objective
- Market Lot Information on Vision Infra Equipment Solutions IPO
- Allotment Dates for Vision Infra Equipment Solutions IPO
- Application Process of IPO
- Financial Analysis of Company
- IPO Valuation
- Registrar for Vision Infra Equipment Solutions IPO
- Offer Lead Manager
- Company Address
Company Overview
Vision Infra Equipment Solutions is a prominent entity in supplying sophisticated infrastructure equipment coupled with proficient solutions for construction & development industries. The company is committed to the quality, reliability, and efficiency of products and services with a vast portfolio of products and services that can address the needs of different clients including smart cities, airports, irrigation, mining, building & factories, and railways market. It aims to push growth towards the improvement of productivity using its advanced technologies and focusing on the client’s needs to become a reliable partner for the business in the infrastructure market.
Company Strategy
Vision Infra Equipment Solutions’ business model is focused on providing cost-effective and operational infrastructure equipment solutions for construction companies to ensure they can effectively and efficiently construct projects. The company aims to innovate to create value for the customer and grow the product portfolio that can address various needs within the industries. It has a strict corporate focus on sustainable development which directs on partnership, investment in innovative technologies, and unyielding obligation to quality and service. Vision follows a long-term strategic objective of Vision Infra to become a market leader through business interaction and providing stakeholder’s value.
Details on IPO Date and Price Band
| IPO Open Date: | September 6, 2024 |
| IPO Close Date: | September 10, 2024 |
| Face Value: | INR 10 Per Equity Share |
| IPO Price Band: | INR 155 to INR 163 Per Share |
| Issue Size: | Approx INR 106.21 Crores |
| Fresh Issue: | Approx INR 106.21 Crores |
| Offer for Sale: | NA |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
IPO Objective:
The IPO objectives for Vision Infra Equipment Solutions are as follows: to raise funds required for capital expenses to buy more equipment used in infrastructural developments to increase the operating capacity of the company. Money will also be used for working capital needs, which will provide the necessary funds to support operations on an ongoing basis. Moreover, the IPO is planned to be used for general corporate purposes, which will enable the company to gain the necessary funds for the implementation of strategic development plans, market positioning, and sustainable growth.
Market Lot Information on Vision Infra Equipment Solutions IPO
The lot size and corresponding amounts are as follows:
- Retail Minimum: 1 lot (800 shares) for INR 130,400
- Retail Maximum: 1 lot (800 shares) for INR 130,400
- S-HNI Minimum: 2 lots (1,600 shares) for INR 260,800
Allotment Dates for Vision Infra Equipment Solutions IPO
Vision Infra Equipment Solutions IPO open date is September 6 and the IPO close date is September 10. The IPO allotment date is September 11 and listing date is September 13.
| IPO Open Date: | September 6, 2024 |
| IPO Close Date: | September 10, 2024 |
| Basis of Allotment: | September 11, 2024 |
| Refunds: | September 12, 2024 |
| Credit to Demat Account: | September 12, 2024 |
| IPO Listing Date: | September 13, 2024 |
Application Process of IPO
The IPO can be accessed by submitting an application through the online ASBA (Application Supported by Blocked Amount) facility from the bank through ‘Internet banking’, going to ‘Invest’, and applying for Vision Infra Equipment Solutions. On the other hand, the IPO forms are also available for download on the NSE websites which the candidates can fill and submit.
Financial Analysis of the Company
Financials in INR Crores.
| Year | Revenue | Expense | Profit After Tax | Assets |
| 2021 | 162.54 | 155.25 | 5.14 | 148.87 |
| 2022 | 305.10 | 292.97 | 9.28 | 208.49 |
| 2023 | 368.90 | 352.52 | 9.19 | 247.44 |
| Nov 2023 | 207.18 | 183.55 | 15.45 | 267.96 |
Vision Infra Equipment Solutions has shown robust financial growth, with revenue increasing from INR 162.54 crores in 2021 to INR 368.90 crores in 2023. Despite rising expenses, it maintained profitability, with Profit After Tax (PAT) growing from INR 5.14 crores in 2021 to INR 15.45 crores by November 2023. Assets also expanded significantly, reaching INR 267.96 crores in November 2023. The company’s consistent performance and asset growth highlight its strong financial foundation and ability to sustain long-term growth.
IPO Valuation (FY 2023)
The company’s EPS stands at a value of INR 5.31 with a Return on Net Worth (RoNW) of 30.62% and a Net Asset Value (NAV) per share of INR 17.34 in the financial year 2023. The IPO price band ranges from INR 155 to INR 163 per share to raise INR 106.21 crores to fund capital expenditure for equipment acquisition, support working capital needs, and finance general corporate purposes to drive growth and operational efficiency.
| Earnings Per Share (EPS): | INR 5.31 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 30.62% |
| Net Asset Value (NAV): | INR 17.34 |
Vision Infra Equipment Solutions IPO Registrar
Link Intime India Private Ltd
Email: visioninfra.smeipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Offer Lead Manager
Hem Securities Limited
Hem Securities Limited is a leading financial services company categorized in the investment advisory domain and operates from India. It was established in 1995 and it deals in a wide range of products including equities, commodities, Investment banking, portfolio management, and wealth management. Hem Securities is engaged in offering consultancy services to small traders as well as large corporates. The firm prides itself on offering customer-oriented services and a commitment to use sophisticated technology to serve clients with a complete package of innovative financial services to help investors experience growth.
Conclusion
The initial public offering (IPO) of Vision Infra Equipment Solutions offers investors a strategic chance to capitalize on the expansion of the infrastructure industry. With plans for sustainable expansion, a strong focus on improving operational capacity, and a solid financial track record, the company is well-positioned to use the funds raised for further growth. The price range and goals of the initial public offering (IPO), which centers on obtaining new machinery and bolstering working capital, should be closely examined by investors. The company’s IPO may provide alluring long-term profits if it keeps expanding.
