Market Capitalisation Crosses Rs 1,800 Cr

Vishnu Prakash R Punglia Limited has been  maintaining a consistent track record in carrying out infrastructure projects for over three decades.

MUMBAI, Sep 5 (The CONNECT) -EPC company Vishnu Prakash R Punglia Limited debuted on the exchanges at 67% premium.

The scrip listed Rs 163.30 per share on BSE and Rs 165 per share on NSE, at a premium of 64.95% and 66.67% respectively. The company’s share price closed at Rs 145.93 per share on the BSE, a 47.40% premium, and at Rs 144.80 per share on the NSE, a 46.26% premium.

As many as 33.42 lakh shares were traded on the NSE, while on the BSE the total quantity was 24.42 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 545.43 crore.

The Market Capitalization of the Company at today’s closing price was Rs. 1,818.93 Crore as per the BSE and Rs. 1,804.84 Crore as per the NSE.

Manohar Pungllia, Managing Director – Vishnu Prakash R Punglia Limited, said the management remains committed to delivering value, innovation, and sustainable growth. “We look forward to the opportunities ahead and are eager to create lasting value for all our stakeholders,” he said appreciating their support.

Led by Promoter Vishnu Prakash Punglia, the EPC Company has a strong operational understanding with a consistent track record in carrying out infrastructure projects for over three decades.  It owns a fleet of about four hundred and ninety-nine construction equipment assets which includes including crushers, excavators, loaders, dozers, paver machines, ready mix concrete plants, concrete mixtures, cranes, tractors and transportation vehicles from some of the leading suppliers.

Its major activities include constructing, designing, building, implementing, operating, maintaining and developing Water Supply Projects (WSPs) including Water Treatment Plants (WTPs) along with pumping stations and laying of pipelines for supply of water, as well as other projects such as Roads, Bridges, Tunnels, Warehouses, Buildings, Railway Buildings including platforms, stations, quarters, administrative buildings, Rail-Over-Bridges and Waste Water Treatment Plants (WWTPs). It also undertakes operations and maintenance services.

Picture caption:

(L-R) Mr. Manohar Lal Punglia, MD, Mr. Sarfaraz Ahmed, CFO & Mr. Vishnu Prakash R Punglia, Chairman, at the listing ceremony held at NSE