Vishnu Prakash R Punglia Limited IPO
Vishnu Prakash R Punglia Limited was a mainboard IPO in the Civil Construction sector, offered at ₹94–₹99 per share to raise ₹309 crore. The issue was subscribed 87.82× overall (QIBs 171.69×, NIIs 111.03×, retail 32.01×). It listed on 5 Sep 2023 at ₹165 and closed its first day at ₹146, a listing gain of +47.2% versus the ₹99 issue price. It now trades around ₹24 (-75.4% versus the issue price).
Frequently asked questions
- How many times was the Vishnu Prakash R Punglia Limited IPO subscribed?
- The Vishnu Prakash R Punglia Limited IPO was subscribed 87.82× overall — 171.69× in the QIB category, 111.03× among non-institutional investors, 32.01× in retail.
- What were the Vishnu Prakash R Punglia Limited IPO listing gains?
- Vishnu Prakash R Punglia Limited listed on 5 Sep 2023 at ₹165, closing its first day at ₹146 — a listing gain of +47.2% versus the ₹99 issue price.
- What were the retail allotment odds for the Vishnu Prakash R Punglia Limited IPO?
- Retail was subscribed 32.01×, so a single-lot application had roughly a 3.1% chance of allotment (about 1 in 32), and allotment was finalised on 30 Aug 2023.
- What was the price band and lot size of the Vishnu Prakash R Punglia Limited IPO?
- The price band was ₹94–₹99 per share, with a minimum lot of 150 shares (₹14,850 at the upper band).
- Who were the registrar and lead manager for the Vishnu Prakash R Punglia Limited IPO?
- Link Intime India Private Limited was the registrar, and Choice Capital Advisors was the book-running lead manager.