Vishnu Prakash R. Punglia

In 1986, what started as a partnership firm named M/s Vishnu Prakash Pungalia was founded by Vishnu Prakash Punglia. With over three decades of experience, the company focused on a critical and foundational sector: infrastructure, specifically water supply projects. The firm, led by Chairman Vishnu Prakash Punglia and Managing Director Manohar Lal Punglia, established itself as an engineering, procurement, and construction (EPC) company. The company's core business revolves around designing and constructing infrastructure projects for government bodies and private entities across India. Their operations are concentrated in four main areas: Water Supply Projects, Railway Projects, Road Projects, and Irrigation Network Projects. This integrated model, which includes an in-house execution team and a large fleet of construction equipment, allows them to manage projects from detailed engineering to commissioning. A significant turning point occurred in May 2013, when the partnership firm converted into a public limited company named Vishnu Prakash R Punglia Limited. This transition marked a new phase of growth and corporate governance. The company continued to expand its capabilities, taking on larger and more complex projects, such as a major water supply project in Manipur in 2021. This journey of steady growth culminated in a major financial event. In August 2023, Vishnu Prakash R Punglia Ltd. launched its Initial Public Offering (IPO), a fresh issue of shares to raise capital for further expansion. The IPO was listed on the BSE and NSE in September 2023, signaling the company's arrival on the public market and cementing its position as a notable player in India's infrastructure development.