V R Infraspace Limited IPO
- IPO Date04 Mar, 2024 to 06 Mar, 2024
- Listing Date12 Mar, 2024
- Face Value₹10 per share
- Issue Price₹85 to ₹85 per share
- Lot Size1600 Shares
- Minimum Investment₹1,36,000
- Listing AtNSE SME
- Total Issue Size24,00,000 Shares
(aggregating up to ₹20.40 Cr) - Fresh Issue24,00,000 Shares
(aggregating up to ₹20.40 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue64,80,000
- Shareholding post issue88,80,000
IPO Dates
Closing Date
06 Mar, 2024
Initiation of Refunds
11 Mar, 2024
Listing Date
12 Mar, 2024
04 Mar, 2024
Opening Date
07 Mar, 2024
Basis of Allotment
11 Mar, 2024
Credit of Shares
V R Infraspace Limited Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,36,000 |
| HNI (Min) | 2 | 3200 | ₹2,72,000 |
| Retail (Max) | 1 | 1600 | ₹1,36,000 |
V R Infraspace Limited Promoter Holding
The promoters of the company are Mr. Vipul Devchand Rupareliya and Mrs. Sumitaben Vipulbhai Rupareliya.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 72.97% |
V R Infraspace Limited COMPANY INFORMATION
V R Infraspace IPO is a fixed price issue of Rs 20.40 crores. The issue is entirely a fresh issue of 24 lakh shares. V R Infraspace IPO bidding started from March 4, 2024 and ended on March 6, 2024. The allotment for V R Infraspace IPO was finalized on Thursday, March 7, 2024. V R Infraspace IPO will list on NSE SME with tentative listing date fixed as Tuesday, March 12, 2024. V R Infraspace IPO price is ₹85 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹136,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹272,000. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the V R Infraspace IPO, while Link Intime India Private Ltd is the registrar for the issue. The market maker for V R Infraspace IPO is Spread X Securities. Refer to V R Infraspace IPO RHP for detailed information.
Incorporated in December 2015, V R Infraspace Limited is a real estate development company primarily focused on constructing and developing residential and commercial projects in and around Vadodara, Gujarat.
The company offers a range of luxurious, affordable residential buildings with various types of accommodations. Each building has security systems, sports and recreational facilities, play areas, and electricity backups. The company provides residential and commercial projects under the brand name "VR".
V R Infraspace has completed residential projects named VR Celebrity Luxuria and VR Imperia and a commercial project named VR One Commercial Business Center.
As of September 30, 2023, the Company reported a Consolidated Total Income of Rs. 732.41 Lakhs and Profit after tax of Rs. 89.54 Lakhs.
The company's registered office is situated at Vadodara, Gujarat, India
As of August 31st, 2023, the company has 9 employees at the construction site and registered office, including key management personnel.
FAQs About V R Infraspace Limited Ipo
V R Infraspace Limited IPO will open on 04 Mar, 2024 and close on 06 Mar, 2024. Investors must apply within this period to participate.
The V R Infraspace Limited IPO price band is set between ₹85.00 and ₹85.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹136000.00.
The V R Infraspace Limited IPO shares are expected to be listed on 12 Mar, 2024, subject to regulatory approvals and final allotment.
You can track your V R Infraspace Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The V R Infraspace Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.