V.L. Infraprojects Limited IPO GMP

V.L. Infraprojecta Limited is engaged in executing water supply and sewerage infrastructure projects mainly involving the procurement of pipes and their laying, joining, and commissioning with backward integration including all allied civil engineering works like construction of civil work, pumping stations and installation of electro-mechanical equipment’s (pumping machinery) for distribution of water supply from the river to household. We also provide operations & maintenance services for water distribution pipelines.

V.L. Infraprojects IPO, a Book Built issue amounting to ₹18.52 crores, consisting entirely a Fresh Issue of 44.1 lakh Shares. The subscription period for the V.L. Infraprojects IPO opens on July 23, 2024, and closes on July 25, 2024. The allotment is expected to be finalized on or about Friday, July 26, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday, July 30, 2024.

The Share price band of V.L. Infraprojects IPO is set at ₹39 to ₹42 equity per share, with a minimum lot size of 3,000 shares. Retail investors are required to invest a minimum of ₹126,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (6,000 shares), amounting to ₹252,000.

BEELINE CAPITAL ADVISORS PRIVATE LIMITED is the book-running lead manager, SKYLINE FINANCIAL SERVICES PRIVATE LIMITED is the registrar for the Issue. SPREAD X SECURITIES Private Limited will act as the Market Maker for the V.L.Infraprojects IPO.

V.L. Infraprojects Limited IPO GMP Today
The Grey Market Premium of V.L. Infraprojects Limited IPO is expected in the range of ₹25 to ₹30 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.

V.L. Infraprojects Limited IPO Allotment Status
V.L. Infraprojects IPO allotment date is 26 July, 2024, Friday. V.L. Infraprojects IPO Allotment will be out on 26th July 2024 and will be live on Registrar Website from the allotment date. Check V.L. Infraprojects Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select V.L. Infraprojects 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 V.L. Infraprojects Limited IPO
V.L. Infraprojects Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹1480.00 Lakhs is required for to meet Working Capital
2. General Corporate Purposes

Refer to V.L. Infraprojects Limited RHP for more details about the Company.