Vishnu Prakash R Punglia Limited
Minimum investment
Bidding date
24 Aug - 28 Aug 2023
Price range
—
Minimum quantity
150
Minimum investment
₹14,100
Issue size
—
Listing exchange
NSE/BSE
They are an ISO 9001:2015 certified integrated engineering, procurement and construction (“EPC”) company with experience in design and construction of various infrastructure projects for the Central and State Government, autonomous bodies, and private bodies across 9 States and 1 Union territory in India. Their principal business operations are broadly divided into four categories: (i) Water Supply Projects; (ii) Railway Projects; (iii) Road Projects and (iv) Irrigation Network Projects. They have in-house design and engineering, procurement, project management and quality management teams along with fleet of four hundred and eighty four (484) construction equipment and vehicles.
The Infrastructure sector acts as a catalyst for India’s economic growth as it drives the growth of the allied sectors like townships, housing, built-up infrastructure and construction development projects. In order to become a US$ 5 trillion economy by 2025, infrastructure development is the need of the hour. The Government has launched the National Infrastructure Pipeline (NIP) combined with other initiatives such as ‘Make in India’ and the production-linked incentives (PLI) scheme to augment the growth of infrastructure sector. Historically, more than 80% of the Country's infrastructure spending has gone towards funding for transportation, electricity and water & irrigation.
Focused player in WSPs: : They have over 36 years of experience in executing WSPs comprising of construction and development of pipelines, water tanks, reservoirs, tunnels, overhead tanks, water treatment plants and irrigation projects.
Robust Order Book: : As on Dec ‘22, they have ongoing projects totalling Rs 56,534.34 million, of which Rs 18,168.09 million worth of work has been executed and balance Rs 38,366.24 million form part of Order Book.
Marquee client base: : Over the years, they have undertaken infrastructure projects from Central and State Governments across multiple locations and segments, and multiple projects from the same clients.
Track Record: : With more than 36 years of experience in the EPC construction industry, they have won a reputation for project management and execution on account of engineering expertise and labour, in-house integrated model and equipment deployment.
: Project Implementation Risk: Their projects are exposed to various implementation and other risks e.g. risks of time and cost overruns, and uncertainties, which may adversely affect the business.
: Client Concentration: Co derives a significant portion (80%) of revenues from a limited number (top 5) clients. The loss of any significant clients may have an adverse effect on the business.
: Working Capital Financing Risk: The business is working capital intensive involving relatively long implementation periods. High debt and restrictions imposed by financing arrangements could adversely affect our ability to conduct our business.
: Legal Proceedings: There are outstanding legal proceedings involving the Company, Directors and Promoters, which may adversely affect business, financial condition and results of operations.
Active IPOs | |
|---|---|
Company name | Bid starts |
Rfbl Flexi Pack | 12-05-2026 |
