IPO Details

About Company

Founded in 2015, Vision Infra Equipment Solutions Limited offers a diverse range of services in sectors such as airports, smart cities, irrigation, buildings and factories, mining, and railroads. The company specializes in renting road construction machinery and also engages in the trade and reconditioning of these machines. The rental services are offered through two pricing models: (i) time-based pricing, where customers pay a fixed fee based on the duration of equipment use, and (ii) output-based pricing, where charges are determined by the results or outcomes achieved with the machinery. Vision Infra Equipment Solutions boasts a large fleet of equipment from leading OEMs such as Wirtgen, Case, Luigong, Dynapac, Komatsu, Atlas Copco, Ashok Leyland, Bharat Benz, Eicher Motors, Volvo, Terex Power Screen, Caterpillar, Metro, BOMAG, and more. This fleet is leased to prominent infrastructure companies like Larsen & Toubro, Ashoka Buildcon Ltd, Afcons Infrastructure Ltd, NCC Ltd, GMR Infraprojects Ltd, Shapoorji Pallonji, Dilip Buildcon Ltd, Tata Projects Ltd, ITD Cementation India Limited, HG Infra Engineering Ltd, IRB Infra Developers Ltd, and GR Infra Projects Ltd. As of November 30, 2023, the company owned 326 road construction machines. As of March 31, 2024, Vision Infra Equipment Solutions employed approximately 227 permanent employees and 763 contract employees, including administrative staff, operators, drivers, electricians, engineers, helpers, logistics mechanics, painters, supervisors, and welders, all essential for its operations.