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V L Infraprojects Limited IPO

V L Infraprojects Limited was a SME IPO in the Civil Construction sector, offered at ₹39–₹42 per share to raise ₹19 crore. It listed on 30 Jul 2024 at ₹80 and closed its first day at ₹84, a listing gain of +99.4% versus the ₹42 issue price. It now trades around ₹24 (-43.7% versus the issue price).

Frequently asked questions

What were the V L Infraprojects Limited IPO listing gains?
V L Infraprojects Limited listed on 30 Jul 2024 at ₹80, closing its first day at ₹84 — a listing gain of +99.4% versus the ₹42 issue price.
What was the price band and lot size of the V L Infraprojects Limited IPO?
The price band was ₹39–₹42 per share, with a minimum lot of 3,000 shares (₹1,26,000 at the upper band).
Who were the registrar and lead manager for the V L Infraprojects Limited IPO?
Skyline Financial Services Private Limited was the registrar, and Beeline Capital Advisors was the book-running lead manager.