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Vishnusurya Projects and Infra Limited IPO Subscriptions Status Live Today

 

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Vishnusurya Projects and Infra Limited IPO

September 29, 2023 - October 05, 2023 Closed

Vishnusurya Projects and Infra Limited IPO Details

Issue Open

29 September 2023

Issue Close

05 October 2023

IPO Price

₹68 per equity share

Face Value

₹10 per equity share

IPO Size

₹49.98 Cr.

Listing At

NSE, SME

IPO Lot Size

2000 Shares

IPO Investor Categories

· Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered retail investors.

· Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.

 

NII category has two subcategories:

 

1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.

 

2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.

 

·  Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.

 

· Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.

 

·  Others- A category of eligible shareholders or other investors with a reserved IPO quota.


 

Frequently Asked Question

IPO allotments are typically done through a lottery system, ensuring a fair distribution of shares among retail and institutional investors.
The face value of Vishnusurya Projects and Infra Limited IPO is ₹10 per share.
If you do not get the allotment of vishnu infra projects pvt ltd, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
You can track the company's stock performance on stock market platforms, financial news websites, and through the stock exchange where it is listed.
Lot size of the vishnu surya projects and infra pvt ltd is 2000 shares.
Post-issue shareholding of the vishnu infra projects private limited services promoter is 62.24%.
The meaning of "Vishnusurya Projects and Infra Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Vishnusurya Projects and Infra Limited IPO on the current day.
Vishnusurya Projects and Infra Limited IPO shares will get listed on October 12, 2023.
Closing date of vishnusurya projects and infra private limited is October 05, 2023.
Vishnusurya Projects and Infra Limited IPO Shares will get listed at NSE SME.
Vishnusurya Projects and Infra Limited IPO share price ₹68 per share.
You will receive Vishnusurya Projects and Infra Limited IPO shares in your Demat account on October 10, 2023, if allotted.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
For detailed information, including financials, business model, and IPO updates, refer to the official website of the company and regulatory authorities, such as SEBI (Securities and Exchange Board of India).
Opening date of Vishnusurya Projects and Infra Limited IPO is September 29, 2023.
Pre-issue shareholding of the Vishnusurya Projects and Infra Limited IPO promoter is 88.74%.
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