Issue Price
₹85
Per Share
GMP
NIL
Grey Market
Est. Listing
₹85
Expected Price
Min. Application
₹272,000
2 lots × 1600 shares
Incorporated in December 2015, V R Infraspace Limited is a real estate development company primarily focused on constructing and developing residential and commercial projects in and around Vadodara, Gujarat.The company offers a range of luxurious, affordable residential buildings with various types of accommodations. Each building has security systems, sports and recreational facilities, play areas, and electricity backups. The company provides residential and commercial projects under the brand name "VR".V R Infraspace has completed residential projects named VR Celebrity Luxuria and VR Imperia and a commercial project named VR One Commercial Business Center.As of September 30, 2023, the Company reported a Consolidated Total Income of Rs. 732.41 Lakhs and Profit after tax of Rs. 89.54 Lakhs.The company's registered office is situated at Vadodara, Gujarat, IndiaAs of August 31st, 2023, the company has 9 employees at the construction site and registered office, including key
V R Infraspace Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 121,600 | — | ₹1.03 Cr | — |
| TOTAL | 2,400,000 | 100.00% | ₹20.40 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹136,000 |
| Retail (Max) | 13 | 20,800 | ₹1,768,000 |
| sNII (Min) | 14 | 22,400 | ₹1,904,000 |
| bNII (Min) | 68 | 108,800 | ₹9,248,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 732.41 | 1875.53 | 1387.65 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 89.54 | 262.47 | 79.74 |
| Net Worth | 1290.10 | 1211.86 | 949.39 |
| Total Assets | 6117.91 | 4328.38 | 4920.59 |
| Reserves & Surplus | 642.10 | 563.86 | 301.39 |
| Total Borrowings | 661.36 | 971.87 | 1038.55 |