Vision Infra Equipment Solutions IPO  Overview

Vision Infra Equipment Solutions is launching an IPO with a total issue size of Rs 106.21 crores. This book-built issue comprises a fresh issue of 65.16 lakh shares. The subscription window for the IPO opens on September 6, 2024, and closes on September 10, 2024.

The price band for the Vision Infra Equipment Solutions IPO is set between ₹155 and ₹163 per share. Retail investors can apply for a minimum lot size of 800 shares, which requires a minimum investment of ₹130,400. For high-net-worth individuals (HNIs), the minimum investment is 2 lots, or 1,600 shares, amounting to ₹260,800.

The allotment of shares is expected to be finalized on September 11, 2024, and the company’s listing is planned for September 13, 2024, on the NSE SME platform.

Hem Securities Limited serves as the book-running lead manager for the IPO, with Link Intime India Private Ltd handling registrar duties. The market maker for the issue is Hem Finlease. For more details, refer to the Vision Infra Equipment Solutions IPO RHP.

Vision Infra Equipment Solutions IPO Important dates

Vision Infra Equipment Solutions IPO opens on September 6, 2024, and closes on September 10, 2024.

IPO Open Date Friday, September 6, 2024
IPO Close Date Tuesday, September 10, 2024
Basis of Allotment Wednesday, September 11, 2024
Initiation of Refunds Thursday, September 12, 2024
The credit of Shares to Demat Thursday, September 12, 2024
Listing Date Friday, September 13, 2024
Cut-off time for UPI mandate confirmation 5 PM on September 10, 2024

Vision Infra Equipment Solutions IPO Details

IPO Date September 6, 2024 to September 10, 2024
Listing Date [.]
Face Value ₹10 per share
Price Band ₹155 to ₹163 per share
Lot Size 800 Shares
Total Issue Size 6,516,000 shares
(aggregating up to ₹106.21 Cr)
Fresh Issue 6,516,000 shares
(aggregating up to ₹106.21 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Shareholding pre-issue 17,300,000
Shareholding post-issue 23,816,000
Market Maker portion 336,000 shares

Vision Infra Equipment Solutions IPO Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Vision Infra Equipment Solutions IPO Lot Size

Investors can bid for a minimum of 800 shares and in multiples thereof. The table below depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 800 ₹130,400
Retail (Max) 1 800 ₹130,400
HNI (Min) 2 1,600 ₹260,800

Vision Infra Equipment Solutions IPO Promoter Holding

Sachin Vinod Gandhi, Chetan Vinod Gandhi and Sameer Sanjay Gandhi are the company promoters.

Share Holding Pre-Issue 100.00%
Share Holding Post Issue

Vision Infra Equipment Solutions: Company Overview and Services

Founded in 2015, Vision Infra Equipment Solutions Limited provides specialized services across various sectors, including airports, smart cities, irrigation, buildings and factories, mining, and railroads. The company has quickly established itself as a key player in the infrastructure space, offering innovative solutions to meet growing market demands.

The company’s service portfolio includes the rental of road construction machinery and the trade and reconditioning of these machines. Vision Infra Equipment Solutions offers two distinct pricing models for equipment rental:

  1. Time-based pricing: Customers pay a fixed fee based on the duration of equipment usage.
  2. Output-based pricing: Charges are based on the results or outcomes achieved using the equipment, offering flexibility based on project performance.

Vision Infra Equipment Solutions boasts a large fleet of machinery from leading OEMs such as Wirtgen, Case, Luigong, Dynapac, Komatsu, Atlas Copco, Ashok Leyland, Bharat Benz, Eicher Motors, Volvo, Terex Power Screen, Caterpillar, Metro, and BOMAG. These machines are leased out to prominent infrastructure companies like Larsen & Toubro, Ashoka Buildcon Ltd, Afcons Infrastructure Ltd, NCC Ltd, GMR Infraprojects Ltd, Shapoorji Pallonji, Dilip Buildcon Ltd, Tata Projects Ltd, ITD Cementation India Limited, HG Infra Engineering Ltd, IRB Infra Developers Ltd, and GR Infra Projects Ltd.

As of November 30, 2023, the company owned a fleet of 326 road construction machines, enhancing its operational capacity to support major infrastructure projects.

By March 31, 2024, Vision Infra Equipment Solutions employed 227 permanent and 763 contract employees. This skilled workforce includes administrative staff, operators, drivers, electricians, engineers, logistics personnel, mechanics, painters, supervisors, and welders, all contributing to the company’s efficient and effective operations.

This extensive service portfolio and strong operational capacity position Vision Infra Equipment Solutions as a leading provider in the infrastructure equipment rental industry.

Vision Infra Equipment Solutions Limited Financial Performance

Vision Infra Equipment Solutions Limited’s revenue increased by 20.91% and profit after tax (PAT) dropped by -0.97% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended Assets (₹ Cr) Revenue (₹ Cr) Profit After Tax (₹ Cr) Net Worth (₹ Cr) Total Borrowing (₹ Cr)
30 Nov 2023 267.96 207.18 15.45 17.3 206.64
31 Mar 2023 247.44 368.9 9.19 30.0 151.46
31 Mar 2022 208.49 305.1 9.28 25.14 130.82
31 Mar 2021 148.87 162.54 5.14 15.84 92.86

Key Performance Indicator

The market capitalization of Vision Infra Equipment Solutions IPO is Rs 388.2 Cr.

KPI as of March 31, 2024.

KPI Values
ROE 130.95%
ROCE 28.29%
Debt/Equity 11.26
RoNW 113.75%
P/BV 12.02
PAT Margin (%) 8.02
Pre IPO Post IPO
EPS (Rs)  5.31 9.73
P/E (x)  30.69 16.75

Note:

  • The Pre IPO EPS is calculated based on pre-issue shareholding as of the date of RHP and the latest FY earnings as of March 31, 2023, that is available in RHP.
  • The post-issue EPS is calculated based on the post-issue shareholding and annualized FY earnings of November 30, 2023, that is available in RHP.

Vision Infra Equipment Solutions IPO Objectives

The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

  1. Funding Capital Expenditure towards the purchase of additional equipment
  2. Funding to meet working capital requirements
  3. General Corporate Purpose

Vision Infra Equipment Solutions IPO SWOT Analysis

Strengths:

  1. Established Market Presence: Vision Infra Equipment Solutions has a solid reputation in the infrastructure equipment solutions sector, which can attract investor confidence.
  2. Fresh Capital Infusion: The IPO is a 100% fresh issue, allowing the company to directly utilize the proceeds for business expansion, improving operational capacity, and debt reduction.
  3. SME Platform Listing: Listing on the NSE SME provides the company with increased visibility and access to capital for future growth.
  4. Experienced Management: The leadership team brings years of experience in the infrastructure and heavy equipment industry, which can foster strong decision-making and execution.

Weaknesses:

  1. Highly Competitive Industry: The infrastructure equipment sector is competitive, with many players offering similar services, which may impact the company’s market share and profitability.
  2. Reliance on Economic Conditions: The company’s performance is heavily dependent on infrastructure growth and economic cycles. Any slowdown in infrastructure projects could negatively impact revenue.
  3. Limited Operational Scale: Being an SME, Vision Infra Equipment Solutions may face challenges in scaling up operations quickly to compete with larger firms in the sector.

Opportunities:

  1. Growing Infrastructure Development: India’s focus on infrastructure development provides significant opportunities for growth in the equipment and construction sectors.
  2. Expansion Potential: With the fresh funds raised, the company can expand its operational reach, invest in new technologies, and diversify its service offerings.
  3. Government Initiatives: Various government schemes and public-private partnerships (PPP) aimed at boosting infrastructure projects could increase demand for the company’s solutions.

Threats:

  1. Market Volatility: The stock market can be volatile, and fluctuations in the overall economy or investor sentiment could affect the IPO performance and stock value.
  2. Regulatory Risks: Changes in government regulations related to infrastructure projects or equipment manufacturing could pose a risk to the company’s operations and profitability.
  3. Supply Chain Disruptions: Any disruption in the supply chain for raw materials or equipment could impact project timelines and increase operational costs.

Vision Infra Equipment Solutions IPO GMP Details

Vision Infra Equipment Solutions SME IPO last GMP is ₹0, last updated Sep 5th 2024. With the price band of 163.00, Vision Infra Equipment Solutions SME IPO’s estimated listing price is ₹163 (cap price + today’s GMP). The expected percentage gain/loss per share is 0.00%.

Stay with us to know the daily price trend of Vision Infra Equipment Solutions SME IPO GMP with an expected listing price.

GMP Date IPO Price GMP Sub2 Sauda Rate Estimated Listing Price Last Updated
05-09-2024 163.00 ₹0  ₹163 (0%) 5-Sep-2024
04-09-2024 163.00 ₹0  ₹163 (0%) 4-Sep-2024
03-09-2024 163.00 ₹0  ₹163 (0%) 3-Sep-2024
02-09-2024 163.00 ₹0  ₹163 (0%) 2-Sep-2024

Vision Infra Equipment Solutions IPO Subscription status

Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

Vision Infra Equipment Solutions IPO Allotment status

The allotment status of Vision Infra Equipment Solutions IPO is expected to be available on September 11, 2024.

Vision Infra Equipment Solutions IPO allotment status is not available at this time. Vision Infra Equipment Solutions IPO – The allotment status will be available once the basis of the allotment is finalized. Please revisit us to check the latest updates for Vision Infra Equipment Solutions Limited IPO allotment status.

To check Vision Infra Equipment Solutions IPO allotment status, follow the steps below:

  1. Click on the below allotment status check button.
  2. Select Company Name.
  3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
  4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Link Intime India Private Ltd either by phone or email. Investors can call on +91-22-4918 6270 or send an email with all relevant details to visioninfra.smeipo@linkintime.co.in.

 

Vision Infra Equipment Solutions Contact Details

Vision Infra Equipment Solutions Limited
Shop No 401-405, Bhawani,
International BusinessBay, Bhavani Peth, Pune,
Pune City – 411042
Phone: +91 (020) – 26440999
Email: info@visioninfraindia.com
Website: http://www.visioninfraindia.com/

 

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Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.