So far, the stock has hit a high of 164.45 and a low of 144. On the BSE, over 17.43 lakh shares of the company were traded in the counter so far.

The initial public offer (IPO) of Vishnu Prakash R Punglia was subscribed 87.82 times. The issue opened for bidding on 24 August 2023 and it closed on 28 August 2023. The price band of the IPO was fixed at Rs 94-99 per share.

The IPO comprised entirely of fresh issue of 3.12 crore equity shares. Of the net proceeds from the issue, about Rs 62.177 crore will be used to fund capex requirements for the purchase of equipments/machineries, Rs 150 crore for funding the working capital requirements and balance was general corporate purposes.

Vishnu Prakash R Punglia is an integrated engineering, procurement and construction (EPC) company with experience in design and construction of various infrastructure projects for the Central and state government, autonomous bodies, and private bodies across nine states and one Union territory in India.

The company's principal business operations are broadly divided into four categories: water supply projects (WSP); railway projects; road projects and irrigation network projects.

The company reported a consolidated net profit of Rs 90.64 crore and total income of Rs 1,168.40 crore for the twelve months ended on 31 March 2023.