Company Name | Vruddhi Engineering Works Limited |
Open Date | 21-03-2024 |
Close Date | 26-03-2024 |
Exchange | BSE SME |
Lot Size | 2000 Shares |
Issue Price | ₹66 to ₹70 per share |
Issue Size | 6,80,000 shares |
Application Amount | ₹1,40,000 |
Recommendation | Avoid |
For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Sep-23 |
Total Assets | 2,095.60 | 3,362.94 | 5,351.89 | 8,071.96 |
Net Assets | 200.81 | 478.75 | 1,432.89 | 1,883.90 |
Total Borrowings | 1,275.08 | 1,697.17 | 1,877.88 | 2,862.87 |
Total Revenue | 5,382.66 | 6,485.80 | 6,532.19 | 4,247.49 |
Profit After Tax | 116.29 | 247.95 | 534.14 | 451.00 |
Opening Date | 21-03-2024 |
Closing Date | 26-03-2024 |
Basis of Allotment | 27-03-2024 |
Initiation of Refunds | 28-03-2024 |
Credit of Shares to Demat | 28-03-2024 |
Listing Date | 01-04-2024 |
To meet working capital requirements. |
General Corporate Purpose. |
Registered Office | Vruddhi Engineering Works Limited Office No 603, 6th Floor, Cello - The Plaza, V P Road, Vile Parle West, Mumbai - 400056 |
Phone | +91- 022 26128915 |
cs@vruddhicouplers.com | |
Website | http://www.vruddhicouplers.com/ |
Vruddhi Engineering Works IPO DRHP |
Vruddhi Engineering Works IPO RHP |
Name | Bigshare Services Pvt Ltd |
Phone | +91-22-6263 8200 |
ipo@bigshareonline.com | |
Website | https://ipo.bigshareonline.com/ipo_status.html |
QIB Shares Offered | Not more than 50.00% of the Net offer |
Retail Shares Offered | Not less than 35.00% of the Offer |
NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Share Holding Pre Issue (Promoters) | 98.63% |
Share Holding Post Issue (Promoters) | 33.40% |