Vishnusurya Projects and Infra Limited

Company Profile
Company Name Vishnusurya Projects and Infra Limited
Open Date 29-09-2023
Close Date 04-10-2023
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹68 per share
Issue Size 7,350,000 shares
Application Amount ₹ 1,36,000
Recommendation Apply
Vishnusurya Projects and Infra Limited was incorporated in the year 1996 and has its registered office in Chennai, Tamil-Nadu. The company is engaged in mining of rough stones and manufacturing of aggregates & Manufacture-sand by using Crushing Plants and Sand washing plants. In addition to mining activities, the Company is engaged in EPC Projects (construction and infrastructure) delivered across all key sectors such as water, transportation, rail, resource, and institutional development. Company has executed and delivered multiple real estate projects in the past, such as construction of villas, multi storied apartments, specific contracts like compound wall, renovation works, site formation, etc. Company is also engaged in buying, selling and providing integrated solutions for Drones as a Service for surveillance, mapping and surveying purposes. As on August 31st, 2023, the company had 285 employees on its payroll.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 9,594.71 11,849.38 12,105.28
Net Assets 3,573.72 4,155.88 5,952.39
Total Borrowings 1,472.32 3,489.49 3,625.24
Total Revenue 6,339.33 9,603.62 13,326.05
Profit After Tax 229.19 2,158.97 1,736.62

Tentative Timeline

Opening Date 29-09-2023
Closing Date 04-10-2023
Basis of Allotment 09-10-2023
Initiation of Refunds 10-10-2023
Credit of Shares to Demat 11-10-2023
Listing Date 12-10-2023

Objects of the Issue

Funding working capital requirements of the Company.
Repayment / Prepayment, in part or full, of certain outstanding borrowings availed by the Company.
General corporate purposes.

Contact Information

Registered Office Vishnusurya Projects and Infra Limited - 2 nd Floor, Qbas Temple Tower, No. 76/25, North Mada Street, Mylapore, Chennai - 600 004
Phone +91 44 2495 0019

Registrar Details

Name Cameo Corporate Services Limited
Phone +91-44-28460390

IPO Reservation

Other Shares Offered 50% of the net offer
Retail Shares Offered 50% of the net offer

Shareholding Pattern

Share Holding Pre Issue(Promoters) 88.74%
Share Holding Post Issue(Promoters) 62.24%

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