Vision Infra Equipment Solutions IPO: Review, Date & GMP

Vision Infra Equipment Solutions IPO-Complete Overview

Vision Infra Equipment Solutions IPO an SME IPO is a book built issue of Rs.106.21 crore by Vision Infra Equipment Solutions Pvt Ltd. which was founded in 2015 and offers services in the following areas: mining, railroads, buildings and industries, airports, smart cities, irrigation, etc.

The company offers road construction equipment rental, trade, and reconditioning as part of its service offerings. There are two methods for renting out road construction equipment: 

(i) time-based pricing and 

(ii) output-based pricing. 

Customers pay for the equipment according to its use or duration of use under the time-based pricing model, which is essentially a fixed price. On the other hand, output-based pricing bases the service provider's charge on the results that the client receives from the rendered service.

Vision infrastructure ltd.  leases out its expansive fleet of equipment to infrastructure companies, including Larsen & Toubro, Ashoka Buildcon Ltd, Afcons Infrastructure Ltd, NCC Ltd, GMR Infraprojects Ltd, Shapoorji Pallonji, Dilip Buildcon Ltd, Tata Projects Ltd, ITD Cementation India Limited, HG Infra Engineering Ltd, IRB Infra Developers Ltd, GR Infra Projects Ltd, and others. The equipment is sourced from major OEMs, including Wirtgen, Case, Luigong, Dynapac, Komatsu, Atlas Copco, Ashok Leyland, Bharat Benz, Eicher Motors, Volvo, Terex Power Screen, Caterpillar, Metro, BOMAG, etc. The Real Vision Infra Projects Pvt Ltd possessed a fleet of 326 road construction equipment as of November 30, 2023.

This new SME IPO is to be launched on 06 September 2024, and its ‘initial public offering’ will end on 10 September 2024.

 

Vision Infra Equipment Solutions IPO Overview

The Rs.106.21 crore Vision Infra Equipment Solutions Pvt Ltd. IPO consists of a wholly fresh issue of 65.16 lac Shares amounting to Rs.106.21 crore.

This SME IPO date is from September 06-September 10, 2024. The expected IPO listing date is Friday, September 13, 2024, on NSE and SME. Vision Infra Equipment Solutions IPO price band is Rs.155 to Rs.163 for each Share.

If You want to apply for the IPO, Click Here to Open a Demat Account.

 

 

Company Financial

Below is the synopsis of the company's financial data for the period that concluded on 31 Mar 2024.

• The total assets of the company are Rs.36,134.75 lac.

• The total revenue of the company is Rs.34,816.17 lac.

• The company’s PAT is Rs.2,668.89 lac.

• The net worth of the company is Rs.2,346.31 lac.

• The company’s EBITDA is Rs.8,152.67 lac.

 

(Amount in lac)

 

Revenue Bifurcation

The revenue bifurcation for various activities is shown below:

(Amount in lac)

 

Geography-wise Revenue Breakdown During The Last Three Fiscals

(Amount in lac)

 

The Objective of The Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Meeting working capital needs.

• Capital Expenditures.

• General corporate purposes.

   

  

   

Peers of Vision Infra Equipment Solutions Ltd. 

No listed companies in India engaged in a similar business of comparable size.

 

Evaluation

vision infra equipment solutions valuation is Rs.155 to Rs.163 for each Share.

Evaluation of P/E Ratio

Considering the FY ended 31 Mar 2024 with an EPS of Rs.15.43 from the last year, the resulting P/E ratio is 10.56x.

Considering the weighted EPS of Rs.10.38 for the last three years, the P/E ratio is 15.70x.

Comparative Analysis With Listed Peers

The average P/E Ratio of the industry is NA.

 

IPO's Strengths 

• Its fleet of road-building equipment is substantial and quite recent.

• Widespread consumer base and market presence inside the country

• Utilizes its skills to take advantage of the robust industry tailwinds and growth opportunities for road infrastructure

• Internal execution team with a proven track record

• An Order Book for road construction projects throughout India 

• A team of seasoned promoters and senior executives

• Consistent financial results.

 

IPO’s Weaknesses

• The construction equipment market is susceptible to shifting macroeconomic conditions as well as a number of other variables. Any drop in the market for these tools could hurt this infrastructure equipment company’s operations' outcomes and commercial prospects.

• Changes in regulations or government investment in infrastructure have an impact on the road construction business. Any reduction in government spending on infrastructure could harm the company's operations and business prospects.

• Its OEMs have a considerable amount of influence and they have the power to impose restrictions that could negatively affect its operations, financial situation, business, and future prospects.

• Its current fleet of equipment is out of date due to technological advancements, and it must make significant capital investments.

• The company had a negative cash flow from its investing activities in the past FYs, and sustained negative cash flow could impact its growth and business.

 

Vision Infra Equipment Solutions IPO GMP Today

Vision Infra Equipment Solutions Ltd. IPO today GMP is Rs.0 as of 04 September 2024.

 

 

IPO Timetable (Tentative)

The IPO date is from September 06 to September 10, 2024, with allotment on September 11, refund initiation on September 12, and listing on September 13, 2024.

 

Vision Infra Equipment Solutions IPO Details 

The IPO with a Face Value of Rs.10 per Share is set to start on September 06, 2024, close on September 10, 2024, and offer a total issue size of 6,516,000 Shares (aggregating up to Rs.106.21 Cr.).

Vision Infra Equipment Solutions IPO Lot Details 

The IPO allows retail investors to invest in a minimum and maximum of 1 Lot (800 Shares) amounting to Rs.1,30,400 and in multiples thereof, while for HNI investors, the minimum Lot is 2 (1600 Shares) amounting to Rs.2,60,800.

 

Vision Infra Equipment Solutions IPO Reservation

Promoters And Management of Vision Infra Equipment Solutions Ltd.

• Sachin Vinod Gandhi

• Chetan Vinod Gandhi

• Sameer Sanjay Gandhi.

 

IPO Lead Managers

• Hem Securities Limited.

 

Dividend Policy

The company has not declared any dividends in the last three fiscals.

 

Conclusion

The company has experienced negative cash flow in investing activities in the last fiscal years. To achieve its goals, the company is currently launching an IPO for the general public. We believe the information offered in this blog helps you learn about the company's financial performance. So this blog will be very useful to you if you are looking for information about the approaching IPO since it will give you reliable data about the company's insights, financials, and past performance. If this informative blog piques your interest, you may be interested in reading our other related and useful posts on our website.

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Disclaimer: 

The content is purely for educational and information purposes only. We do NOT encourage/advise/suggest our active readers to be involved in any kind of buying or selling securities activities. Always consult your eligible financial advisor for investment-related decisions. The author does NOT through this blog intend to involve readers in trading.  

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