Ipo starts today VPRPL, ONE CAN APPLY FOR LISTING GAIN*
*Vishnu Prakash R Punglia Limited is coming out with a public issue to raise Rs.308.61 crore from the market.
The issue opens on August 24 and closes on August 28, 2023.
Vishnu Prakash R Punglia Limited IPO
Company Details : • Vishnu Prakash R Punglia Limited is 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 (“WSP”); (ii) Railway Projects; (iii) Road Projects and (iv) Irrigation Network Projects.
• They have been accredited with various registrations as a contractor with various departments and agencies viz. Jodhpur Development Authority, Jodhpur (Class AA), Rajasthan, Public Health Engineering Department, Rajasthan, (Class AA) , Water Resources Department, Rajasthan (Class AA), roads and Building Department, Gujarat (Class AA), South Western Command, Military Engineering Services (MES), Jaipur (Class ‘S’), Rajasthan, Public Works Department, Chhattisgarh (Class A), Public Works Department, Rajasthan (Class AA), Public Works Department, Madhya Pradesh, Bhopal (Civil works), pursuant to which they are also eligible to participate and undertake projects awarded by various other departments and agencies.
• They have design and engineering, procurement, project management and quality management teams alongwith fleet of four hundred and ninety nine (499) construction equipment and vehicles. Their inhouse teams deliver their projects from design to completion. This reduces their dependency on third parties for key materials such as ready-mix concrete, stone aggregates, bitumen and services such as design and engineering, transportation and logistics required in the development and construction of their projects.
• They undertake projects on EPC basis, with or without operation and maintenance services (“O&M”). The scope of their services includes detailed engineering of the project, procurement of key materials, and project execution at the sites with overall project management up to the commissioning of these projects. In addition, they also undertake operation and maintenance of projects in accordance with their contractual arrangements. Their employee resources and fleet of equipment, together with their engineering capabilities, enable them to execute a range of projects on turnkey basis. They have gradually increased their capabilities in terms of the size of projects executed. For e.g., in 2021 they were awarded a WSP by the Public Health Engineering Department (“PHED”), Manipur worth ₹4332.90 million as against a WSP awarded to them (as a partnership firm) by PHED, Rajasthan in 2002 of ₹19.80 million.
UPI : All Retail & NII Bidders (bids up to ₹ 5,00,000) Applications through brokers are compulsorily in UPI Mode
Note : • Application made using third party UPI or ASBA Bank A/c are liable to be rejected.
• “The UPI Mandate acceptance time for Retail and NII Bidders (bids up to ₹ 5,00,000) shall expire at 5:00 PM on the closing day of the IPO i.e., Monday, 28th August 2023.”
Watch these 4 videos to know how to apply for the Vishnu Prakash R Punglia Limited IPO online easily.
Step 1: Create an UPI ID
Step 2: Apply for IPO online using mobile app or website
Step 3: Authorise UPI mandate to block payment
Remember these points while applying for IPOs
• With Sharekhan, you can now fill and submit your IPO application online at your convenience anytime before an issue closes. This can be done through the Sharekhan app or website.
• You will need a mobile phone with a SIM linked to your bank account offering the UPI facility and a debit card to create your UPI ID.
• Currently, UPI works on the following mobile applications:
Name of App (Supported Platforms) VPA Handle
BHIM Baroda Pay (only Android) @BARODAMPAY
BHIM Oriental Pay (Only Android) @obc
BHIM RBL Pay (Android & iOS) @rbl
BHIM (android & iOS) @upi
BHIM ALLBANK UPI (only Android) @allbank
BHIM Axis Pay (only android) @axisbank
BHIM IndusPay (only Android) @indus
BHIM Lotza UPI (only Android) @federal
BHIM SBIPay (only android) @sbi
Citi Mobile (android & iOS) @citi & @citigold
Google Pay (android & iOS) @okhdfcbank | @okaxis | @oksbi | @okicici
HSBC Simply Pay (android & iOS) @hsbc
iMobile by ICICI Bank (android users) @icici
Kotak Mobile Banking App (Android) @kotak
Phone-Pe (android & iOS) @ybl
SIB Mirror+ (only Android) @sib
BHIM YES PAY (only Android) @yesbank
DigiBank - DBS (Android & iOS @dbs
Paytm (Andriod & iOS) @paytm
BHIM AUPay (Android & iOS) @aubank
Freecharge (Android & iOS) @freecharge
BHIM BANDHAN UPI (Android & iOS) @bandhan
BHIM KBL UPI (Android) @kbl
Phone-Pe (Android & iOS) @ybl, @axl, @ibl
• To avoid rejection, download the latest version of the app.
• Remember to select UPI as the payment option in the IPO application form by providing your UPI ID.
• As soon as you submit your application through the mobile app or website, you will receive an SMS from National Payments Corporation of India (NPCI) informing you that your UPI mandate has been generated.
• The app passcode and the UPI PIN can be different; remember to enter only the UPI PIN while authorising the UPI mandate. Note that you should not share your UPI PIN with anyone.
• If you forget the UPI PIN, simply reset it instead of entering a wrong one.
• If the transaction gets through, you will receive a “Transaction is successful” message on your mobile.
• There are two possible scenarios post-allotment: On full allotment, funds will be debited from your account. If there is no allotment of shares, the blocked funds will be released after the end date or expiry date of the UPI mandate.
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