Varindera Constructions Limited IPO
The company is an integrated engineering, procurement, & construction (EPC) firm with extensive experience in executing a wide range of building and infrastructure projects. Its portfolio includes the construction of residential units, commercial complexes, office buildings, railway stations, hospitals, high courts, and libraries, as well as infrastructure developments such as metro depots, aircraft hangars, and roads. Over the past 10 fiscal years (ending Mar 31, 24), the company has successfully delivered 31 projects spanning 11 Indian states and select international markets.
Price Band₹0.00 |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹1,200.00 Crs |
Varindera Constructions IPO Objects
- Capital expenditure towards purchase of equipments
- Funding the working capital requirements of our Company;
- Repayment in full or in part, of certain outstanding borrowings availed by our Company
- General corporate purposes
Varindera Constructions IPO Details
Price Band₹0.00 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹900.00 Cr (0.00 Shares) |
Offer For Sale₹300.00 Cr (0.00 Shares) |
Total Issue₹1,200.00 Cr (0.00 Shares) |
Face Value₹1 per equity share |
Varindera Constructions IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
0
0
0
Maximum
-
-
-
|
|||
| Small HNI |
Minimum
-
-
-
Maximum
-
-
-
|
|||
| Big HNI |
Minimum
-
-
-
|
|||
Varindera Constructions IPO GMP
The estimated Grey Market Premium of Varindera Constructions IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | NA |
| Shareholder | NA |
Varindera Constructions IPO Financials
| Particulars | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Revenue from Operations | 1,388.93 | 1,048.55 | 994.33 |
| Profit after Tax | 143.38 | 109.01 | 76.15 |
| Net Worth | 505.49 | 363.08 | 253.81 |
| Total Borrowing | 348.15 | 236.14 | 149.38 |
| Total Assets | 1,074.06 | 755.99 | 527.05 |
| NAV per share (in ₹) | 32.62 | 23.43 | 16.38 |
| EPS - Basic (in ₹) | 9.25 | 7.03 | 4.91 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 17.26% |
| PAT | 10.32% |
| ROE | 33.02% |
| ROCE | 25.03% |
| Net Debt to Equity | 0.39 |
- All the data pertains to FY 2023-24
Varindera Constructions IPO Peer Comparision
.
Varindera Constructions IPO Peer Comparision
.
Promoter Details
| Name | Shareholding |
|---|---|
| Varinder Kumar Garg | 67.04% |
| Sushma Garg | 30.82% |
| Vivek Garg | 0.18% |
| VG Family Trust | 0.06% |
| Others | 1.89% |
| Total | 99.99% |
Management Details
| Name | Designation |
|---|---|
| Varinder Kumar Garg | Chairman |
| Vivek Garg | MD & CEO |
| Vikas Jain | CFO |
Company Details
Name: Varindera Constructions Limited
Address: Office No. 613, 6th Floor, Plot No. 4, Vishwadeep Tower, District Centre, Janakpuri, New Delhi, India, 110058
Number: 0124 - 4046363
Email: investor@vclgroup.in
Website: https://www.vclgr oup.in/
Book Running Lead Managers (BRLMs)
RTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Varindera Constructions IPO is a Mainboard IPO having an issue size of Rs. ₹1,200.00 Crs. Varindera Constructions IPO is priced at ₹0.00 - ₹0 per share. The issue opens on 12 Jul 25 and closes on 12 Jul 25.
Varindera Constructions IPO opens on 12 Jul 25 and closes on 12 Jul 25.
The estimated Grey Market Premium of Varindera Constructions IPO is ₹0 per share (-).
The minimum lot size of Varindera Constructions IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Varindera Constructions IPO is 12 Jul 25.
The listing date of Varindera Constructions IPO is 12 Jul 25.
Varindera Constructions IPO is subscribed -.
Varindera Constructions IPO is priced at ₹0.00 - ₹0 per share.
Click the allotment link on Varindera Constructions IPO page of IPO360.
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Varindera Constructions IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
We are a one-stop destination for all your IPO needs. Get reliable, accurate, and timely information for all the IPOs in India!