VVIP Infratech Ltd IPO

About VVIP Infratech Ltd

Established in 2001, VVIP Infratech Limited, originally incorporated as Vibhor Builders Private Limited, is a leading infrastructure company in India. As a Class 'A' civil and electrical contractor, the company boasts over 2 decades of experience in executing and constructing various infrastructure projects. These include sewerage systems, sewage treatment plants, water tanks, water treatment plants, sector development works, electrical distribution and substations up to 33 kVA, and projects under the Jal Jeewan Mission.

VVIP Infratech emphasises quality work, on-time delivery, and competitive pricing. The company is supported by a team of experienced and qualified engineers and technicians committed to providing the best possible services to clients. Notably, in 2013, the company successfully constructed two 56 MLD sewage treatment plants using Sequential Batch Reactor (SBR) technology.

Primarily operating in Uttar Pradesh, Uttarakhand, NCR Delhi, and other northern regions of India, VVIP Infratech is a rapidly growing company with a strong focus on innovation and quality. As of January 31, 2024, the company has an order book of ₹477.62 Crores, including an Operation and Maintenance (O&M) order book of ₹126.19 Crores. Additionally, the company has submitted bids worth ₹182.00 Crores for tenders in Roorkee, Uttarakhand.

With a workforce of 466 employees as of September 30, 2023, VVIP Infratech is well-positioned to play a key role in the development of India's infrastructure sector, particularly in sewage treatment plants. The significant increase in the company's order book value highlights its strong execution capabilities and potential for future growth.

Industry Outlook:

1. Budget 2023-24 increased capital investment outlay for infrastructure by 33% to ₹10 lakh crore (US$ 122 billion), representing 3.3% of GDP.
2. The Union Budget 2023-24 allocated ₹2.40 lakh crore (US$ 29 billion) for Railways, the highest ever, nearly 9 times the 2013-14 outlay.

VVIP Infratech Ltd IPO Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

1. Capital expenditure
2. Working capital requirements
3. General corporate purposes
4. Issue expenses

Peer Details

The following are listed peer companies of VVIP Infratech in India:

1. EMS Limited
2. Vishnusurya Projects and Infra Limited

How To Check the Allotment Status of the VVIP Infratech Ltd IPO?

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Contact Details of VVIP Infratech Ltd

Registered office: Fifth Floor, VVIP Style, Nh-58 Raj Nagar Extension, Ghaziabad, Uttar Pradesh- 201017, India

Phone: +91 9990060123

E-mail: cs@vvipinfra.com