Vision Infra Equipment Solutions IPO subscription status started on September 06, 2024, and closed on September 10, 2024. The company aims to raise approximately ₹106.21 crore via this IPO. The retail quota is 35%, NII 15% and QIB is 50%. The price band is fixed at ₹155 to ₹163 per equity share.
The IPO consists of a minimum market lot of 800 Shares requiring an application amount of ₹1,30,400. Vision Infra Equipment Solutions is an SME IPO, and it will be listed on the NSE.
Table of contents
IPO Overview
Vision Infra Equipment Solutions Limited specializes in providing equipment solutions across various sectors, including smart cities, airports, irrigation, mining, building & factories, and railways. Specifically, their services include the rental, trading, and refurbishment of road construction equipment.
The company acquires used equipment from NBFCs, contractors, banks, infrastructure firms, and retail markets. Subsequently, it refurbishes this equipment to meet stringent safety and quality standards before resale. Notably, Vision Infra has successfully contributed to numerous projects such as road construction, smart city initiatives, airport developments, railway projects, defense, building and factory work, irrigation projects, and municipal solid waste management. Currently, the company employs approximately 227 permanent staff and 763 contractual employees.
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We advise investors to consider applying for an IPO with a long-term perspective. It’s also important to review the QIB, NII, and Retail subscription figures before making an investment decision.
Vision Infra Equipment Solutions IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 4.38 | 4.38 | 60.94 |
| NII | 1.01 | 1.31 | 180.39 |
| RII | 1.22 | 3.13 | 24.14 |
| Total | 2.08 | 3.10 | 68.14 |
Vision Infra Equipment Solutions IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds
- Non-Institutional Investors (NII): Individual Investors, NRIs, Companies, Trusts, etc.
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
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Vision Infra Equipment Solutions IPO Form
To apply for the Vision Infra Equipment Solutions IPO, use ASBA via your bank’s online portal or download and submit IPO forms through your bank or broker.
FAQs
The IPO subscription starts on September 06, 2024, for NII, QIB, and Retail Investors.
You can apply through ASBA and non-ASBA options via your bank account, broker, or UPI app.
Visit our portal for live IPO subscription numbers updated hourly. Live data is also available on the official IPO page.
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