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VVIP Infratech IPO
Price Band
₹91.0–93.0
Issue Size
₹61.21 Cr
Lot Size
1,200 shares
Min Investment
₹111,600
GMP
+₹122.0 (131.18%)
Issue Price
₹93.0
Subject to Sauda
₹111300
Paid only if allotted
VVIP Infratech IPO AI Summary
- VVIP Infratech IPO is listed on BSE SME in the Waste Management sector.
- Price band: ₹91.0–₹93.0 per share, lot size 1,200 shares (min. investment ₹111,600).
- Subscription window: 23 Jul–25 Jul 2024, listing on 30 Jul 2024.
- Current GMP is +₹122.0 (131.18%), an estimated listing price of ₹215 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
VVIP Infratech IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 25 Jul 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
VVIP Infratech IPO Grey Market Premium (GMP) Today
GMP
+₹122.0
GMP %
+131.18%
Est. Listing
₹215.0
Updated: 25 Jul 2026 14:05
About the Company
VVIP Infratech Limited, originally incorporated as Vibhor Builders Private Limited, is an infrastructure company established in 2001. The company mainly works on projects in Uttar Pradesh, Uttarakhand, NCR Delhi, and other northern parts of India. It is a Class 'A' civil and electrical contractor with more than two decades of experience in the execution and construction of infrastructure projects like sewerage, sewage treatment plants, water tanks, water treatment plants, sector development works, power distribution and substations up to 33 kVA, Jal Jeewan Mission etc. As of September 30, 2023, the company had a total of 466 employees.
Company Financials (₹ Cr)
As of 2024-03-31
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 263.20 | 241.59 | 266.25 |
| Total Income | 285.88 | 210.56 | 185.26 |
| Profit After Tax | 20.71 | 13.58 | 4.53 |
| NET Worth | 110.61 | 86.40 | 68.04 |
| Reserves and Surplus | 92.22 | 85.79 | 67.43 |
| Total Borrowing | 44.32 | 35.98 | 66.80 |
Key Ratios
EPS
₹11.26
NAV
₹107.22
ROE
21.36%
ROCE
19.00%
RoNW
18.73%
P/B Value
0.87
P/E Ratio
8.26
Market Cap
₹232.22 Cr
PAT Margin
7.31%
Debt/Equity
0.40
Peer Comparison
| Company | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|
| Vishnusurya Projects And Infra Limited | 20.99% | 16.62 | 13.23 | 13.23 |
| Ems Limited | 19.1% | 13.92 | 28.91 | 28.91 |
| VVIP Infratech Limited This IPO | 22.55% | — | 17.24 | 17.24 |
Promoters
Praveen Tyagi, Vaibhav Tyagi and Vibhor Tyagi
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure 10.50 2 Working Capital Requirement 40.00 3 General Corporate Purpose 4.12
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹185.26 Cr in the year ending 31 Mar 2022, increasing to ₹210.56 Cr by 31 Mar 2023, and further rising to ₹285.88 Cr by 31 Mar 2024.
Profit Trend
Profit after tax was ₹4.53 Cr in the year ending 31 Mar 2022, which increased to ₹13.58 Cr by 31 Mar 2023, and further rose to ₹20.71 Cr by 31 Mar 2024.
Valuation
VVIP Infratech has an EPS of ₹11.26, which implies a P/E ratio of 8.26 at the issue price. The peer group has P/E ratios ranging from 13.92 to 16.62. This indicates that VVIP Infratech is priced at a lower multiple compared to its peers.
Grey Market Premium, Explained
The Grey Market Premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. A positive GMP indicates strong demand for the IPO, suggesting that the shares may list at a premium to the issue price.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their risk tolerance and investment goals. It is important to consider the company's fundamentals and market conditions.
Who May Want to Wait
Investors who prefer stable and low-risk investments may want to avoid IPOs in sectors like infrastructure, which can be subject to market fluctuations and regulatory changes.
IPO Timeline, Explained
The IPO opens for subscription on July 23, 2024, and closes on July 25, 2024. Allotment of shares will be done on July 26, 2024, with the listing expected on July 30, 2024.
Listing Gains — The Risk
Listing gains refer to the profit made when shares are sold on the listing day at a price higher than the issue price. However, there is no guarantee of listing gains, as market conditions can change rapidly, and the stock may perform differently post-listing.
This evaluation is generated from VVIP Infratech's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is VVIP Infratech IPO GMP today?
VVIP Infratech IPO GMP today is +₹122.0 (131.18%), indicating an estimated listing price of ₹215. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of VVIP Infratech IPO?
The price band of VVIP Infratech IPO is ₹91.0–₹93.0 per share.
When does VVIP Infratech IPO open and close?
VVIP Infratech IPO opens on 23 July 2024 and closes on 25 July 2024.
When does VVIP Infratech IPO list on the stock exchange?
VVIP Infratech IPO listed on 30 July 2024 at ₹215.0.
What is the lot size for VVIP Infratech IPO?
The lot size for VVIP Infratech IPO is 1200 shares, requiring a minimum investment of ₹111,600.
What is the issue price of the VVIP Infratech IPO?
The issue price of the VVIP Infratech IPO is ₹93.0.
What is the minimum investment required for this IPO?
The minimum investment required is ₹111,600, which corresponds to a lot size of 1200 shares.
What is the Grey Market Premium (GMP) for this IPO?
The Grey Market Premium (GMP) for this IPO is ₹122.0, indicating a potential listing gain of approximately 131.18%.
When is the listing date for the VVIP Infratech shares?
The listing date for VVIP Infratech shares is July 30, 2024.
Who are the promoters of VVIP Infratech?
The promoters of VVIP Infratech are Praveen Tyagi, Vaibhav Tyagi, and Vibhor Tyagi.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
23 Jul 2024
Close
25 Jul 2024
Allotment
26 Jul 2024
Listing
30 Jul 2024
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