Vishnu Prakash IPO Allotment Status Is Out Today: Latest GMP, Check Allotment Status

The Vishnu Prakash R Punglia Infrastructure Company stands as a prominent name within the Infrastructure sector, boasting a track record of successfully executing numerous projects over time. Presently, they have initiated the Vishnu Prakash R Punglia Limited IPO, an offering that has garnered substantial attention from potential investors, leading to a significant subscription response. Now, the investment community eagerly anticipates the revelation of the Vishnu Prakash IPO Allotment Status, scheduled for disclosure on September 1st, 2023, via the official BSE India website.

It’s important to note that the allocation details will be accessible through the Registrar’s official website, Linkintime. Impressively, the Vishnu Prakash IPO Subscription Status reveals an oversubscription of over 87 times by Retail Investors, a testament to its popularity. This bodes well for investors, aligning with the positive Grey Market premium associated with the shares.

Mark your calendars, as the Vishnu Prakash IPO Allotment Date is set for September 1st, 2023. Post-allotment, shareholders can expect the credited shares to reflect in their Demat Accounts. Notably, the current Vishnu Prakash IPO Grey Market Premium (GMP) stands at approximately ₹54 per Share, indicating potential profitability for investors per share.

Furthermore, keep in mind that the Vishnu Prakash IPO Allotment Status will be available via Linkintime and BSE India starting from September 1st, 2023

Vishnu Prakash IPO Allotment Status

As widely recognized, the Vishnu Prakash R Punglia Limited Company holds a prominent position in the realm of Indian Infrastructure Companies, having successfully executed numerous projects to date, encompassing both governmental and private endeavors. Their portfolio includes a range of Government and Private Company projects. Presently, they have initiated their Initial Public Offering (IPO) with a total issue size of ₹308 Crore, drawing substantial investment from a diverse array of investors.

It’s noteworthy that the IPO bidding phase commenced on August 24th, with the final subscription date set for August 28th, 2023. The Vishnu Prakash IPO Subscription Status reveals remarkable enthusiasm, with subscriptions exceeding 87 times across Retail Investors, High Net Worth Individuals (HNIs), and other categories. For participation in the Vishnu Prakash IPO, a minimum investment of ₹14,500 was required.

Investors are now in eager anticipation of the Vishnu Prakash R Punglia IPO Allotment Date, eagerly awaiting news about the success of their IPO applications. The good news is that the Vishnu Prakash IPO Allotment Status will be accessible starting from September 1st, 2023. Investors can conveniently verify their allotment status using either their PAN Card Number or Application Number.

For those seeking to check the Vishnu Prakash IPO Allotment Status, the official platforms link in time.co.in or bseindia.com offer the necessary resources to access this information.

Vishnu Prakash Punglia IPO Date

Company Name	Vishnu Prakash R Punglia Limited
Type of Company	Infrastructure and Government Contractors
Vishnu Prakash IPO Launch Date	24 August 2023
Total Issue Size	₹308 Crore
Minimum Investment	₹14,500/-
Lot Size	150 Shares in each Lot
Share Price	Rs 94 to Rs 99/-
Vishnu Prakash IPO Allotment Start Date	24 August 2023
Last Date	28th August 2023
Vishnu Prakash IPO Subscription Status	87 Times Subscribed
Listing at	BSE and NSE
Vishnu Prakash IPO Allotment Status	1st September 2023
How to Check	By Pan Number or Application Number
Refund Date	1st September 2023
Credit of Shares	4th September 2023
Vishnu Prakash IPO Listing Date	5th September 2023
Type of Article	Finance

Vishnu Prakash IPO Subscription Status

Type of Investors	Vishnu Prakash IPO Subscription Status
Qualified Institutional Buyers	171 Times
Non Institutional Buyers	111 Times
bNII	112 Times
sNII	109 Times
Retail Investors	32 Times
Employees	12.97 Times
Overall	87.82 Times

Here Is The Link to Check Vishnu Prakash IPO Allotment Status

Vishnu Prakash IPO Allotment Status @ linkintime.co.in	Check Link
Vishnu Prakash IPO Allotment Status @ bseindia.com	Check Link

Vishnu Prakash R Punglia IPO Review

Vishnu Prakash R Punglia stands as a prominent player in the field of Engineering, Procurement, and Construction (EPC), showcasing operations and successful project endeavors spanning over 10 different states. The company has recently unveiled its Initial Public Offering (IPO), drawing favorable reviews from investors who recognize it as a promising stock for potential investment.

Analyzing the Vishnu Prakash R Punglia IPO Review reveals an enticing prospect for investors, with a projected 56% return on equity investment post-listing. Additionally, the current Vishnu Prakash IPO Grey Market Premium (GMP) of approximately ₹54 per share highlights the anticipation of profitable gains for investors. This GMP signifies the anticipated post-listing profit per share, a significant factor to consider.

On the stipulated timeline, the Allotment Status is set to be disclosed on September 1st, 2023, and shareholders can anticipate their shares to be credited to their Demat Accounts by September 4th, 2023.

Vishnu Prakash IPO GMP Today

Speaking of Vishnu Prakash IPO GMP for the day, it continues to hover around ₹54 per share, indicating a potential 50% profit on Return on Equity (ROE) for bidders. This Grey Market Premium represents the expected profit potential for each share once it hits the open market. Investors have the option to sell their shares post-listing to capitalize on these gains.

For those intrigued by the Subscription Status, it offers insight into the public’s interest in the company. If you’re among those who have invested in the IPO, your attention will be directed towards the Vishnu Prakash IPO Allotment, a crucial event set for September 1st, 2023.

Accessing the Vishnu Prakash IPO Allotment Status by using the following steps:

• Access the link in time.co.in from your mobile device.
• Click on the IPO Allotment Status Link.
• Choose the Vishnu Prakash IPO from the list.
• Enter your Application Number or PAN Card Number.
• Check the Allotment Status on the resulting page and anticipate the shared credit to your Demat Account.

Check Vishnu Prakash R Punglia IPO Allotment Status at bseindia.com

• Begin by visiting the BSE India website.
• Navigate to the IPO Allotment Status Link and select the Vishnu Prakash R Punglia IPO.
• Provide your Application Number or PAN Card Number.
• Click Submit and await the allotment status update.
• Verify the Allotment Status on the displayed page and proceed accordingly.

The Vishnu Prakash R Punglia IPO Strengths

• VPRP holds a significant position as a prominent EPC player within the Rajasthan WSP sector.
• As of July 15, 2023, VPRP proudly boasts an impressive Order Book worth Rs. 3,799 crore.
• This substantial figure provides robust support for their ongoing expansion initiatives and the enhancement of value-added capabilities.
• With a rich history spanning 36 years in the realm of WSP, VPRP has successfully delivered and concluded more than 75 distinct projects.
• A distinctive aspect of VPRP’s approach is its exclusive focus on EPC endeavors, without engaging in O&M activities. The company deliberately avoids involvement in HAM or BOT projects. This strategic choice serves to effectively manage debt and optimize cash flow. This strategic approach also minimizes reliance on external sources for project-related supplies and equipment, thereby ensuring the maintenance of the highest standards of quality.

Vishnu Prakash Punglia IPO Weaknesses

Out of the 50 ongoing projects under VPRP’s stewardship, a significant portion, totaling 34 projects, are currently active within the state of Rajasthan. This concentration underscores the predominant focus of VPRP’s operations within Rajasthan, potentially posing limitations on their capacity to venture into other states and potentially impeding their broader growth opportunities.

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