+919998510543

IPO

IPO Synopsis
Vishnu Prakash R Punglia Ltd
Registered Office: Unit #3 5th Flr B-Wing Trade,Star Prms.Coop.Soc. Andheri(E) , Mumbai - 400059 , Maharashtra , India.
Phone : +91 22 40164020   Fax:
Email :  compliance@vprp.co.in  
Website :  www.vprp.co.in
Initial public offering of 31,200,000* equity shares of face value of Rs. 10 each ("Equity Shares") of Vishnu Prakash R Punglia Limited ("The Company" or the "Company") for cash at a price of Rs. 99 per equity share (including a premium of Rs. 89 per equity share) ("Issue Price") aggregating to Rs.308.61* crores ("The Issue"). This issue includes a reservation of 300,000* equity shares aggregating to Rs. 2.70* crores (constituting 0.24% of the post-issue paid-up equity share capital of the company for subscription by eligible employees (the "Employee Reservation Portion"). The company in consultation with the brlms, offered a discount of 9.09% (equivalent of Rs. 9 per equity share) of the issue price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue constitute 25.03% and 24.79%, respectively of the post-issue paid-up equity share capital of the company. *Subject to the finalisation of the allotment

Issue Money Payable On
Opens On Closes On Application Allotment
24-Aug-23 28-Aug-23 Rs99.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :150  Further Multiples of :150

  Rs Cr Lead Managers to the Issue
Project Cost 279.63
Choice Capital Advisors Pvt Ltd
Project Financed through Current Offer 308.61  
Post Issue Equity Share Capital 124.64  
Issue Price Rs99.00  
 
Projects
Funding capital expenditure requirements for the purchase of equipment/machineriesGeneral corporate purposes
Funding the working capital requirements of the company
Promoted By
Vishnu Prakash Punglia
Manohar lal Punglia
Sanjay Kumar Punglia
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd