ListedMainboard

Vishnu Prakash R Punglia Limited

VPRPL24 Aug 2023 – 28 Aug 2023INE0AE001013
On listing day it
—
we hold no exchange bar dated on the listing date
Since then, against the issue price
-70.1%
₹29.62 on 30 Sept 2026

Against an issue price of ₹99. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹99
final issue price
Issue size
₹309 cr
Fresh
Lot size
150 sh
₹14,850 a lot
Listed on
5 Sept 2023
NSE
Now trading as VPRPL — see its filed financials and price history →
Valued at the offer price₹1,234 cr12,46,44,000 shares after the issue × ₹99, the final issue price. Not a market capitalisation — that moves with the traded price.
Notes

Vishnu Prakash R Punglia Limited raised ₹309 crore through a mainboard initial public offer.

The book was open from 24 August 2023 to 28 August 2023.

The issue was priced at ₹99 a share, from a band of ₹94 to ₹99.

The whole offer is a fresh issue of shares — ₹309 crore raised by the company itself.

The issuer reported the offer subscribed 87.0 times the shares on offer. That is its own final figure, filed with the exchange after the book closed — not a reading we took while bidding was open.

The shares listed on 5 September 2023.

The last official close on file is ₹29.62 (30 September 2026), which is 70.1% below the issue price.

It now trades as VPRPL, and its filed financials are on its company page.

How it has done since listing
NSE close · 30 Sept 2026
Issue price
₹99
final issue price
Listing-day move
—
Now vs issue price
-70.1%
30 Sept 2026
Since first close
—

Shares sold in the issue at ₹99 last closed at ₹29.62.

See VPRPL’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Issue price
₹99
face value ₹10
Lot size
150 sh
₹14,850 a lot
Issue size
₹309 cr
Fresh
Shares after issue
12.46 cr
12,46,44,000
Fresh issue
3.12 cr
shares issued by the company

No offer-for-sale leg — every share in this offer is newly issued, so the whole amount raised goes to the company.

Designated exchange
NSE
Discount
₹9 a share
Registrar
Link Intime India Private Limited
Lead managers
  • Choice Capital Advisors Private Limited
  • Pantomath Capital Advisors Private Limited
What happens when
5-day book
  1. Bidding opens24 Aug 2023
  2. Bidding closes28 Aug 2023
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing5 Sept 2023
How the bidding went
as filed after the close
87.00x
subscribed — filed by the issuer

This is the issuer’s own final figure, filed with the exchange once bidding had closed — not a reading we took while the book was open. The exchange publishes only a running cumulative figure and no history, so for an issue nobody polled live this filing is the only account of the book that exists. It covers the whole offer and carries no breakdown by category and no timestamp.

Who the offer was set aside for
as filed by the issuer at listing
  • Anchor investors29.7%
  • Qualified institutional buyers19.8%
  • Non-institutional investors14.9%
  • Retail individual investors34.7%
  • Reserved portion1.0%

No part of the offer was set aside for market maker or other.

The portion of the offer set aside for each category before bidding opened, as the issuer filed it. The anchor allocation is filed as its own line rather than inside the institutional one, so these add up to the whole offer. Shares as filed; the percentages are computed against the offer's own share count.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    5 Mar 2024
    already free
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    5 Mar 2025
    already free

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set

The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.

Restated financials

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
H.G. Infra Engineering Limited12.629.4%
ITD Cementation India Ltdnot in our universe25.610.5%
NCC Limitednot in our universe16.211.0%
PNC Infratech Limited13.516.6%
Rail Vikas Nigam Limited18.220.7%
The issuer’s own figures, as it printed them
EPS
₹10.41
NAV per share
₹36.11
Return on net worth
38.31%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead managers
FirmIssuesTypical listing move
Choice Capital Advisors Private Limited
2023 – 2026
13
2 measurable
+46.9%
Pantomath Capital Advisors Private Limited
2023 – 2026
16
2 measurable
+13.5%
Registrar
FirmIssuesTypical listing move
Link Intime India Private Limited
2021 – 2026
175
14 measurable
+10.2%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Read the offer documents
2 filed

Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.