V.L. Infraprojects IPO Subscription Status: V.L. Infraprojects IPO is Open on 23 July, 2024 and Close on 25 July, 2024. V.L. Infraprojects IPO to Raise 4,410,000 shares (Approx ₹18.52 Cr) via IPO. The Fresh Issue of 4,410,000 shares (Approx ₹18.52 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
V.L. Infraprojects IPO is an SME IPO and Listed on NSE SME. V.L. Infraprojects IPO Price Band is Fixed at ₹42 Equity Share. V.L. Infraprojects IPO Lot Size is 3000 Shares.
About V.L. Infraprojects IPO :
- V.L. Infraprojects is benefited from the extensive experience of our Promoters, Mr. Rajagopal Reddy Annam Reddy, Mrs. Mydhili Rajagopal Reddy and Mr. Nageswara Rao Repuri, having experience of more than 45 (Forty-Five) years. Our Board of Directors, Key Managerial Personnel and Senior Management Personnel has also provided significant contribution in the growth of our company.
- The company is a Government Approved Contractor in “AA” Class with the Government of Gujarat, Civil/Electrical Contractor License from Karnataka State Public Works department, Special class registration in Government of Telangana and contractor registration in Government of Madhya Pradesh. The company provides designing, construction, and commissioning of various types of government projects especially in water infrastructure and irrigation segment.
V.L. Infraprojects IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
8,34,000
16,99,11,000
203.73
Non Institutional Buyers (NIIs)
6,27,000
45,55,53,000
725.73
Retail Individual Buyers (RIIs)
14,61,000
1,23,34,11,000
844.22
Anchor Investor
12,48,000
12,48,000
1
Total
29,22,000
1,85,88,75,000
636.20
V.L. Infraprojects IPO Subscription Status day-by-day-
Categories
23 July
24 July
25 July
QIB
0.88
9.31
203.73
NII
41.65
140.38
725.73
RII
106.07
291.83
844.22
Total
62.22
178.70
636.20
V.L. Infraprojects Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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