Vishnusurya Projects and Infra Share Price

Vishnusurya Projects and Infra Limited was initially incorporated as Surya Developers and Promoters Private Limited, a Private Limited Company, pursuant to a Certificate of Incorporation dated May 17, 1996 with the Registrar of Companies, Tamil Nadu. The name of Company was changed to Vishnusurya Logistics Private Limited, dated September 1, 2010. Thereafter, through the Composite Scheme of Amalgamation, Satellite Town and Development Private Limited, Suryavishnu Enterprises Private Limited got amalgamated with Vishnusurya Logistics Private Limited w.e.f. September 25, 2015 and subsequently, the Company was converted into a Public Limited Company dated May 12, 2023 recording the change in the name to Vishnusurya Projects and Infra Limited.The Company was established with the main object to undertake turnkey projects in large infrastructure constructions. It is engaged in mining of rough stones and manufacturing of aggregates Manufacturesand by using Crushing Plants and Sand washing plants. In addition to mining activities, it is engaged in EPC Projects across all key sectors such as water, transportation, rail, resource, and institutional development.Their scope of 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. The Company executed and delivered multiple real estate projects in the past, such as construction of villas, multi storied apartments, specific contracts like compound wall, renovation works, site formation, etc. and design and construction of various infrastructure projects for the government, autonomous and private bodies in state of Tamil Nadu. It is engaged in buying, selling and providing integrated solutions for Drones as a Service for surveillance, mapping and surveying purposes.The Company completed key projects across diverse market segments and have diversified exposures across property, civil, infrastructure, mining, and aggregates sectors. It acquired a fleet of machinery and equipment to support the execution of EPC project and mining activities. Some key projects completed by the Company include Construction of Compound Wall between Thiruvallikeni and Thirumailai Railway Stations Construction of Staff Quarters / TType Quarters at Egmore, Chennai for Southern Railways Construction of Office Building of Institute of Dairy Research Centre, Almatti, at Koduvalli, Tiruvallur District for the Public Works Department (PWD) Construction of Retaining Wall for Bridge at Perambur for Corporation of Chennai etc. The Company launched its IPO by issuing 73.50,000 equity shares of face value of Rs 10 per equity and raised Rs 49.98 crore on October 4, 2023.In FY 202324, Company completed Extension work of NH48 (Chennai Bangalore) Highway Construction of Residential Complex having 184 apartments Construction of Fish Landing Centre in Tiruchendur Construction of station and track laying work for Chennai Metro Construction of Retaining Wall for Bridge at Perambur for Corporation of Chennai Construction of Compound Wall between Thiruvallikeni and Thirumailai Railway Stations Construction of Office Building of Institute of Dairy Research Centre, Almatti, at Koduvalli, Tiruvallur District for the Public Works Department (PWD).