Vision Infra Equipment Solutions IPO Subscription Status: Vision Infra Equipment Solutions IPO is Open on 6 September 2024 and Close on 10 September 2024. Vision Infra Equipment Solutions IPO to Raise 6,516,000 shares (Approx ₹106.21 Cr) via IPO. The Fresh Issue is 6,516,000 shares (Approx ₹106.21 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
The Vision Infra Equipment Solutions IPO is an SME IPO and Listed on NSE SME. Vision Infra Equipment Solutions IPO Price Band is Fixed at ₹163 Equity Share. Vision Infra Equipment Solutions IPO Lot Size is 800 Shares.
Also Read: Vision Infra Equipment Solutions IPO GMP, Review, IPO Details
Vision Infra Equipment Solutions IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 1,236,000 | 7,53,27,200 | 60.94 |
| Non Institutional Buyers (NIIs) | 927,200 | 16,72,57,600 | 180.39 |
| Retail Individual Buyers (RIIs) | 2,163,200 | 5,22,15,200 | 24.14 |
| Total | 4,326,400 | 29,48,00,000 | 68.14 |
Vision Infra Equipment Solutions IPO Subscription Status day-by-day-
| Categories | 6 Sep | 9 Sep | 10 Sep |
|---|---|---|---|
| QIB | 4.38 | 4.38 | 60.94 |
| NII | 1.01 | 1.31 | 180.39 |
| RII | 1.22 | 3.13 | 24.14 |
| Total | 2.08 | 3.10 | 68.14 |
About IPO :
Vision Infra Equipment Solutions portfolio of services includes: renting of road construction equipment and trading and refurbishment of these equipment. Our business of renting of road construction equipment is executed in two rental modes based on:
- time-based pricing.
- output based pricing.
The time based pricing model allows customers to pay for the equipment based on how much they use it or the time duration they utilize it for, which is primarily a fixed fee.
This model is common where our equipment is leased to contractors or developers in the infrastructure industry and in road construction activity like: paving. Rental based on the output of a service provider is often referred to as “output-based pricing”. We deploy our equipment, manpower and other resources for running out these activities.
Vision Infra Equipment Solutions holdings 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).
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.
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.”
Vision Infra Equipment Solutions Review From MoneyMintIdea –
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