The V L Infraprojects IPO Subscription Status started on July 24, 2023, and it is also being subscribed to by QIB, NII, and RII. The V L Infraprojects IPO opened on July 23, 2024, and closes on July 25, 2024. V L Infraprojects IPO is to raise ₹18.52 crores through its Fresh Issue and the V L Infraprojects IPO price band is fixed at ₹39 to ₹52 per share. You can check V L Infraprojects IPO GMP here.
V L Infraprojects engaged in the execution of water supply and wastewater infrastructure projects which mainly include procurement of pipes and their laying, connection, and commissioning with backward integration, including all related civil engineering works such as civil works, pumping stations, and installation of electro-mechanical equipment (pumping machines) for distribution of water supply from river to household. The company also provides operation and maintenance services for water pipelines.
V L Infraprojects IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the V L Infraprojects IPO Subscription Status, you can see the below-day Subscription.
V L Infraprojects IPO Review :
👉 V L Infraprojects IPO Show Review ….👈
- ■ The company that has prime focus on water supply related works, is adding irrigation, building constructions and road constructions activities to stream line.
- ■ The company top line strong & bottom line posted strong growth report.
- ■ The company order book of Rs. 160.00 Cr as of March 31, 2024
- ■ The PE ratio of the company is very attarctive.
- ■ Based on FY24 the issue appears fully priced, Investors can bid the long-term investing.
V L Infraprojects IPO Subscription Status {Live Update} :
The total V L Infraprojects IPO Subscription Status subscribed 636.17x times so far, with QIB subscribed 203.73x and NII subscribed 726.56x times & RII 844.22x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.88x | 9.31x | 203.73x |
| NII : | 41.65x | 140.48x | 726.56x |
| RII : | 106.07x | 292.84x | 844.22x |
| Total : | 62.22x | 179.22x | 636.17x |
V L Infraprojects IPO Shares Offer :
V L Infraprojects IPO is a public issue of 44,10,000 equity shares. The issue offers 834,000 shares for QIB, 6,27,000 shares for non-institutional investors, and 14,61,000 shares for retail investors.
| Category | Reserve | Shares Offer | Amount |
|---|---|---|---|
| Anchor : | 28.30% | 1,248,000 | 5.24 |
| QIB : | 18.91% | 834,000 | 3.50 |
| NII : | 14.22% | 627,000 | 2.63 |
| RII : | 33.13% | 1,461,000 | 6.14 |
| MMRP : | 5.44% | 240,000 | 1.01 |
| Total : | 100% | 44,10,000 | 18.52 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
V L Infraprojects IPO Subscription Status FAQs :
How much was the total V L Infraprojects IPO Subscription Status?
The total V L Infraprojects IPO Subscription Status is 636.17x times Day 3.
How much is the V L Infraprojects IPO retail subscription Status?
V L Infraprojects IPO Retail Subscription 844.22x times Day 3.
How much is the V L Infraprojects IPO QIB subscription Status?
The V L Infraprojects IPO QIB subscription 203.73x times Day 3.
How much did V L Infraprojects IPO NII subscribe?
V L Infraprojects IPO NII Subscription 726.56x times Day 3.
When is RNFI Services’s IPO Allotment Date?
RNFI Services’s IPO allotment date is July 26, 2024.
When is RNFI Services’s IPO Listing Date?
RNFI Services’s IPO listing date is July 30, 2024. The IPO is to be listed on NSE, SME.
How to Apply the V L Infraprojects IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “V L Infraprojects IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the V L Infraprojects IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “V L Infraprojects IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the V L Infraprojects IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “V L Infraprojects IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the V L Infraprojects IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “V L Infraprojects IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| V L Infraprojects IPO GMP: Click Here V L Infraprojects IPO Details: Click Here V L Infraprojects IPO Allotment: Click Here V L Infraprojects IPO Listing: Click Here |
All V L Infraprojects IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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