Should V.L.Infraprojects IPO be Subscribed?

14°
Deal Lieutenant
prodime17

The company is engaged in water pipeline and sewerage related activities and adding irrigation, building and road

construction activities.


V.L.Infraprojects IPO opens for subscription on July 23, 2024 and closes on July 25, 2024. The allotment for the V.L.Infraprojects IPO is expected to be finalized on Friday, July 26, 2024. V.L.Infraprojects IPO will list on NSE SME with tentative listing date fixed as Tuesday, July 30, 2024.

V.L.Infraprojects IPO price band is set at ₹39 to ₹42 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹126,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹252,000.


IPO Date July 23, 2024 to July 25, 2024
Listing Date [.]
Face Value ₹10 per share
Price Band ₹39 to ₹42 per share
Lot Size 3000 Shares
IPO Open Date Tuesday, July 23, 2024
IPO Close Date Thursday, July 25, 2024
Basis of Allotment Friday, July 26, 2024
Initiation of Refunds Monday, July 29, 2024
Credit of Shares to Demat Monday, July 29, 2024
Listing Date Tuesday, July 30, 2024


GMP is ₹40

Expected return is 95.24%.


Open free demat account and Apply for IPO:

Upstox- https://play.google.com/store/apps/details?id=i...

Upstox - https://upstox.com/open-demat-ac...t/

Zerodha - https://zerodh...m/

Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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