Varindera Constructions Limited IPO DRHP
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.
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 |
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
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 11 Feb 26 and closes on 11 Feb 26.
Varindera Constructions IPO opens on 11 Feb 26 and closes on 11 Feb 26.
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 11 Feb 26.
The listing date of Varindera Constructions IPO is 11 Feb 26.
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.
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