Vision Infra Equipment Solutions Limited IPO GMP

Vision Infra Equipment Solutions is a solution provider in the equipment space delivering their services in airports, smart cities, irrigation, building & factories, mining, railways , etc. Their portfolio of services includes: renting of road construction equipment and trading and refurbishment of these equipment.

VIESL, an Book Built Issue amounting to ₹106.21 Crores, consisting entirely an Fresh Issue of 65.16 Lakh Shares. The subscription period for the VIESL IPO opens on September 06, 2024, and closes on September 10, 2024. The allotment is expected to be finalized on or about Wednesday, September 11, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Friday September 13, 2024.

The Share price band of VIESL IPO is set at ₹155 to ₹163 equity per share, with a minimum lot size of 800 shares. Retail investors are required to invest a minimum of ₹130,400, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (1,600 shares), amounting to ₹260,800.

HEM SECURITIES LIMITED is the book-running lead manager, LINK INTIME INDIA PRIVATE LIMITED is the registrar for the Issue. Hem Finlease Private Limited is the sole Market Marker for the VIESL IPO.

Vision Infra Equipment Solutions Limited IPO GMP Today
The Grey Market Premium of Vision Infra Equipment Solutions Limited IPO is expected in the range of ₹50 to ₹55 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Vision Infra Equipment Solutions Limited IPO Live Subscription Status Today
As of 11:59 AM on 10 September 2024, the Vision Infra Equipment Solutions Limited IPO live subscription status shows that the IPO subscribed 4.08 times on its Last day of subscription period. Check the Vision Infra Equipment Solutions Limited IPO Live Subscription Status Today at NSE.

Vision Infra Equipment Solutions Limited IPO Allotment Status
Vision Infra Equipment Solutions IPO allotment date is 11 September, 2024, Wednesday. Vision Infra Equipment Solutions IPO Allotment will be out on 11th August 2024 and will be live on Registrar Website from the allotment date. Check Vision Infra Equipment Solutions Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Vision Infra Equipment Solutions Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Vision Infra Equipment Solutions Limited IPO
Vision Infra Equipment Solutions Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹4681.15 Lakhs is required for Funding Capital Expenditure towards purchase of additional equipment 
2. ₹3650.00 Lakhs is required for Funding to meet working capital requirements 
3. General Corporate Purpose.

Refer to Vision Infra Equipment Solutions Limited RHP for more details about the Company.