V L Infraprojects Ltd. has announced public offering of 4410000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 32.00 per share. The gross proceeds of the issue are expected to be Rs 1,852.20 lakhs.

The company's initial public offer (IPO) will open on 23 July 2024 and is expected to close on 25 July 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 39.00-42.00 per share.

The IPO includes a fresh Issue of 4410000 Equity Shares of the Company at an price of Rs 42.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.

V L Infraprojects Ltd. anticipates using the proceeds of the issue for .

Beeline Capital Advisors Pvt. Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.