What is Vishvaraj Environment IPO?

Vishvaraj Environment IPO is a Mainboard IPO having an issue size of Rs. ₹2,250 Crs. It is priced at ₹ - ₹ per share. The issue opens on 30 Apr 2026 and closes on 30 Apr 2026.

When will Vishvaraj Environment IPO open?

Vishvaraj Environment IPO opens on 30 Apr 2026 and closes on 30 Apr 2026.

What is the GMP of Vishvaraj Environment IPO?

The estimated Grey Market Premium of Vishvaraj Environment IPO is ₹0 per share (-).

What is the lot size of Vishvaraj Environment IPO?

The minimum lot size of Vishvaraj Environment IPO is shares and the minimum application amount is Rs. 0.

When is the allotment of Vishvaraj Environment IPO?

The allotment date of Vishvaraj Environment IPO is 30 Apr 2026.

What is the listing date of Vishvaraj Environment IPO?

The listing date of Vishvaraj Environment IPO is 30 Apr 2026.

What is the subscription of Vishvaraj Environment IPO?

Vishvaraj Environment IPO subscription details are available on the IPO360 company page.

What is the price band of Vishvaraj Environment IPO?

Vishvaraj Environment IPO is priced at ₹ - ₹ per share.

How to check allotment status of Vishvaraj Environment IPO?

You can check the allotment status from the allotment link available on the Vishvaraj Environment IPO page on IPO360.

How to apply Vishvaraj Environment IPO in Zerodha?

You can apply through the Zerodha Kite app by navigating to Bids → IPO, selecting the IPO, entering bid details and approving the UPI mandate.

How to apply Vishvaraj Environment IPO in Groww?

You can apply through the Groww app by going to Stocks → IPO, selecting the IPO, entering bid details and approving the UPI mandate.

How to apply Vishvaraj Environment IPO using ASBA?

You can apply via ASBA by logging into your bank's net banking portal, selecting the IPO under ASBA, entering bid details and submitting the application.

Vishvaraj Environment Limited IPO

Mainboard NSE & BSE 100% Book Built Offer

Vishvaraj Environment Limited IPO

Mainboard NSE & BSE 100% Book Built Offer

Price Band

₹

Total Issue

₹2,250 Cr

Bid Dates

TBA - TBA

Subscription

Est. GMP

₹0 (-)

Website DRHP

Business Overview

Vishvaraj Environment is a developer of water utility and wastewater management projects with a focus on recycling treated sewage water for industrial use. As of March 31, 2025, the Company had an order book of ₹160,113.44 million and assets under management of ₹66,779.00 million. It provides solutions across the entire water cycle value chain, including the development and operation of water treatment plants, sewage treatment facilities, industrial water reuse projects and water distribution networks. The Company executes projects through long-term concession agreements using models such as public-private partnerships, hybrid annuity, EPC and operations and maintenance, enabling sustainable and efficient water management solutions.

Objects of Issue

Investment in subsidiaries, through debt or equity, for repayment or prepayment of their outstanding borrowings.
Funding capital expenditure through investment in subsidiary Nagpur Waste Water Management Private Limited to build Phase 3 of a UF-RO based 300 MLD water treatment plant. (“Project A”)
Funding capital expenditure through investment in subsidiary Bhusawal Waste Water Management Private Limited for a DBFOT-based 60 MLD STP and 80 MLD TTRO plant.(“Project B”)
Funding capital expenditure to develop a 30 MW (AC) solar power project under MSKVY 2.0 (PM-KUSUM Component C).(“Project C”)
General corporate purposes

Financials

(Rs. in crores)

Financial Performance Metrics for Vishvaraj Environment IPO
Particulars	Mar-25	Mar-24	Mar-23
Revenue	1,758.71	1,255.44	669.99
PAT	266.27	165.79	96.06
Net Worth	782.16	555.92	430.14
Borrowings	1,001.00	490.16	530.59
Assets	3,004.56	1,892.39	1,424.05
NAV (₹)	50.89	36.53	29.27
EPS (₹)	18.62	11.53	6.94