The Vruddhi Engineering Works IPO has begun on 26-March-2024. It will close on 28-March-2024. The Total IPO Size is 4.76 Crores. The company set its IPO price is 66-70 Rs Per Share. Basically, There are three basic categories in Vruddhi Engineering Works IPO Subscription 1) QIB 2) Retail Individual Investors (RIIs) 3) NII.
Vruddhi Engineering Worksare engaged in offering mechanical splicing solutions to the real estate, construction and infrastructure industry by designing, engineering and supplying of rebar couplers.
They offering under this vertical includes (a) supply of rebar couplers as per our customer needs; (b) on-site threading services of the couplers; and (c) trading in threading machines and spares.
The served around 84 (eight four) customers in the mechanical splicing vertical and have supplied to over 2 (two) customers in the trading of Steel Products.
The Company have an ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified Company issued by Quality Control Certification
accredited by “UASL, England, UK” in compliance with quality management system, Environmental Management System and Occupational Health and Safety Management Systems respectively.
Check :- Upcoming SME IPO 2024
Vruddhi Engineering Works IPO Promotor Holding
Ms. Bindi Kunal Mehta are the promoters of the company.
Vruddhi Engineering Works IPO Date, Details & Price Band
| IPO Opening Dates | 26-March-2024 |
| IPO Closing Dates | 28-March-2024 |
| Price Band | 66-70 Rs |
| Fresh Issue | 4.76 Crore |
| Total IPO size | 4.76 Crore |
| Minimum bid (lot size) | 1600 Shares |
| Face Value | 10 INR Per Share |
| Listing On | BSE SME |
Vruddhi Engineering Works IPO Market Lot
The Vruddhi Engineering Works IPO minimum market lot is 2000 shares With 140,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 2000 | 140,000 Rs |
| Maximum | 1 | 2000 | 140,000 Rs |
| S-HNI (Min) | 2 | 4000 | 280,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-23 | 782.33 | 1,309.62 | 75.33 |
| 31-Mar-22 | 100.14 | 220.65 | 9.44 |
| 31-Mar-23 | 3.02 | 0.44 | -0.88 |
Vruddhi Engineering Works IPO GMP Grey Market Premium
Vruddhi Engineering Works IPO GMP Grey market premium has been started today. Check Latest Vruddhi Engineering Works IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Vruddhi Engineering Works IPO Prospectus
| DRHP | Download |
| RHP | Download |
Vruddhi Engineering Works IPO Reviews
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Vruddhi Engineering Works IPO Form Download
Vruddhi Engineering Works IPO is available on BSE Website as well as on our Portal. Please click here Vruddhi Engineering Works IPO form Download.
Vruddhi Engineering Works IPO Allotment Date & Details
| Allotment Date | 01-April-2024 |
| Initiation of refunds | 02-April-2024 |
| Transfer of shares to Demat accounts | 02-April-2024 |
| Listing Date | 03-April-2024 |
| Check Allotment Status | Click here |
Registrar of Vruddhi Engineering Works IPO
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle – [East],
Mumbai – 400 057, Maharashtra, India
Tel No.: +91 81049 85249
E-mail: [email protected]
Website: www.fedsec.in
Contact Person: Saipan Sanghvi
SEBI Registration Number: INM000010163
Investor Grievance E-Mail: [email protected]
Vruddhi Engineering Works Contact Details
Vruddhi Engineering Works Limited
Office No 603, 6th Floor,
Cello – The Plaza, V P Road,
Vile Parle West, Mumbai – 400056
Phone: +91- 022 26128915
Email: [email protected]
Website: http://www.vruddhicouplers.com/
Vruddhi Engineering Works IPO Lead Managers
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle – [East],
Mumbai – 400 057, Maharashtra, India
Tel No.: +91 81049 85249
E-mail: [email protected]
Website: www.fedsec.in
Contact Person: Saipan Sanghvi
SEBI Registration Number: INM000010163
Investor Grievance E-Mail: [email protected]
