IPO Price Range: ₹155 - 163
Min Investment
₹1,30,400
IPO Size
₹106 Cr
IPO Status
Quantity in 1 Lot
800
Max Bid allowed
1
Listing Exchange
NSE
Bid Opening Date | 6 Sep 2024 |
Bid Closing Date | 10 Sep 2024 |
Allotment Date | 11 Sep 2024 |
Issue Size | ₹106.21Cr |
Quantity in 1 lot | 800 |
The Company owns a large and young fleet of road construction equipment.
Wide presence in domestic market with vast customer base.
Leverage its capabilities to capture strong industry tailwinds and growth prospects for road infrastructure.
In house execution team and established track record.
Order Book for road construction activities across India.
Experienced Promoters and senior management team.
Stable financial performance.
Its business is capital intensive in nature. If the company is unable to raise additional funds whenever required, or on terms acceptable to it, the company may be required to scale down or abandon its expansion & growth plans and/or reduce capital expenditures and the size of its operations, any of which could materially and adversely affect its business, financial position and results of operations.
The company generates a significant percentage of its revenue from few clients. The loss of any one or more of its major clients would have a material adverse effect on the companys business operations and profitability.
The construction equipment industry is sensitive to changing economic conditions and various other factors. Any decline in demand for these equipment may adversely impact its business prospects and results of operations.
The road construction industry is sensitive to the government infrastructure spending or regulatory changes. Any decline in government infrastructure spending may adversely impact its business prospects and results of operations.
Margins earned from its rental services and refurbishment may be impacted by pricing guidelines set by its customers or by the companys OEMs for supply of spare parts and accessories which may adversely affect its financial condition and results of operations.
The Pro Forma Financial Information included in this Draft Red Herring Prospectus is not indicative of its expected results or operations in the future periods or its future financial position or a substitute for the company past results.
The Company is dependent on limited number of suppliers. Any delay or failures on the part of such suppliers to deliver equipment at acceptable prices, may adversely affect its business, profitability and reputation.
The company is subject to the significant influence of, and restrictions imposed by its OEMs that may adversely impact the company business, results of operations, financial condition and prospects.
The company derives a significant portion of its revenue from trading and refurbishment activities, for which the company has to relies on third parties.
Changes in technology render its current fleet of equipment obsolete and requires the company to make substantial capital investments.
Investors | Holdings % |
Sachin Vinod Gandhi | 31.5% |
Chetan Vinod Gandhi | 31.5% |
Sameer Sanjay Gandhi | 31.5% |
Organisation | Vision Infra Equipment Solutions Ltd |
Headquarters | Pune |
Industry | Trading |