Vruddhi Engineering Works IPO Date, GMP, Review, Price, Details

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

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Vruddhi Engineering Works IPO Prospectus

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Vruddhi Engineering Works IPO Form Download

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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
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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]