BAJAJ BROKING

Notification
No new Notification messages
Suraksha Diagnostic IPO is Open!
Apply for the Suraksha Diagnostic IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Q2 FY'24-25 Results of Top Companies
Reliance, TCS, HDFC Bank & more: Explore key financial highlights from India's top quarterly results.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Vruddhi Engineering Works Ltd

Trading

Offer Period :

26th to 28th Mar 2024

Established in 2020, Vruddhi Steel Limited specializes in providing mechanical splicing solutions to real estate, construction, and infrastructure industries. Their offerings include custom rebar couplers, Read more... on-site threading, and trading in threading machines and spare parts. Serving numerous clients, employing over 20 staff.Read less

Vruddhi Engineering Works Ltd IPO Details

IPO Date 26th to 28th Mar 2024 Minimum Investment ₹140000 / 1 Lots
Listing Date 2024-04-03 Maximum Investment ₹140000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹4.76 Crores
Price ₹70 to ₹70 per share Fresh Issue ₹4.76 Crores
Lot Size 1 Lots (2000 Shares) Offer For Sale ₹ 0
Listing At BSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per share    
IPO Date 26th to 28th Mar 2024
Listing Date 2024-04-03
Face Value ₹10 per share
Price ₹70 to ₹70 per share
Lot Size 1 Lots (2000 Shares)
Listing At BSE-SME
Employee Discount ₹0 per share
Minimum Investment ₹140000 / 1 Lots
Maximum Investment ₹140000 / 1 Lots
Total Issue Size ₹4.76 Crores
Fresh Issue ₹4.76 Crores
Offer For Sale
Retail Discount ₹ 0

Timeline

Important dates for allocation and IPO listing.

26th Mar

IPO Starts

28th Mar

IPO Ends

1st Apr

Allotment Date

2nd Apr

Initiation of Refund

2nd Apr

Credit of Shares to Demat Account

3rd Apr

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 96.34 0
Public Group 3.66 0

Vruddhi Engineering Works Ltd IPO Reservation

QIB Shares Offered 322000(47.35%)
NII (HNI) Shares Offered 96600(14.21%)
Retail Shares Offered 225400(33.15%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 680000
Total Shares With Anchor Investor 680000

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Vruddhi Engineering Works Ltd IPO Registrar

Bigshare Services Pvt Ltd
Phone Number +91 022 6263 8200
Email Id ipo@bigshareonline.com
Our Website www.bigshareonline.com

Vruddhi Engineering Works Ltd IPO Lead Manager

1. Fedex Securities Pvt Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Vruddhi Engineering Works Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Vruddhi Engineering Works Ltd

1. Diversified customer base;

2. Diversified and Established Product;

3. Quality Assurance

4. Experienced Promoter and Director with extensive domain knowledge

Risks Involved

1. The Company, Promoters, Directors and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

2. In case of its inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals required to operate the company business it may have a material adverse effect on its business.

3. The company has made an application with the Registrar of Trade Marks for registration of the logos and same has been under the status of send to Vienna Codification. Any delay in receiving the approval and/or granting registration or in obtaining registration could result in loss of logos & brand equity and the Company right to use the said logos.

4. The Company and its Promoter may not have significant experience in the business of the Company.

5. The company is highly dependent on its suppliers for uninterrupted procurement and sale of the company traded goods. Any disruption of supply from such entities may affect its business operations.

6. The company has availed unsecured loans which are repayable on demand. Any demand for repayment of such unsecured loans, may adversely affect its cash flows.

7. The company don't own registered office, corporate office and the godown which is used by it currently.

8. The company operations are significantly located in and around Mumbai and failure to expand its operations may restrict the company growth and adversely affect its growth.

9. Changes in technology may affect its business by making the company equipment or products less competitive or obsolete.

10. The company insurance policies do not cover all risks, specifically risks like loss of profits, terrorism, etc. In the event of the occurrence of such events, its insurance coverage may not adequately protect it against possible risk of loss.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

Vruddhi Engineering Works Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-04-03 544157 -
INE0OMZ01013
₹70 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹70 ₹70
Open ₹71 ₹0
Low ₹71 ₹0
High ₹74.55 ₹0
Low ₹71 ₹0

Frequently Asked Questions

What is Vruddhi Engineering Works Ltd IPO?

Answer Field

Vruddhi Engineering Works Ltd IPO is a SME IPO of 6,80,000 equity shares of a face value of ₹10 aggregating up to ₹4.76 Crores. The issue is priced at ₹70 to ₹70 per share. The minimum order quantity is 2000 Shares. The IPO opens on March 26, 2024, and closes on March 28, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE-SME.

When Vruddhi Engineering Works Ltd IPO will open?

Answer Field

The Vruddhi Engineering Works Ltd IPO opens on March 26, 2024 and closes on March 28, 2024.

What is the lot size of Vruddhi Engineering Works Ltd?

Answer Field

Vruddhi Engineering Works Ltd lot size is 2000 shares, and the minimum amount required is ₹1,40,000.

How to apply for Vruddhi Engineering Works Ltd IPO?

Answer Field

You can apply in Vruddhi Engineering Works Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Vruddhi Engineering Works Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Vruddhi Engineering Works Ltd IPO will be done on April 01, 2024, and the allotted shares will be credited to your demat account by April 02, 2024.

When is Vruddhi Engineering Works Ltd IPO listing date?

Answer Field

The Vruddhi Engineering Works Ltd listing date is April 03, 2024.

Who is the registrar of Vruddhi Engineering Works Ltd IPO?

Answer Field

The registrar of Vruddhi Engineering Works Ltd IPO is Bigshare Services Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Fedex Securities Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Vruddhi Engineering Works Ltd IPO?

Answer Field

The fresh issue size is ₹4.76 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Vruddhi Engineering Works Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 2000 shares and ₹1,40,000 amount.

How can I approve the UPI mandate request for Vruddhi Engineering Works Ltd IPO?

Answer Field

To apply for Vruddhi Engineering Works Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Vruddhi Engineering Works Ltd?

Answer Field

The price of each Vruddhi Engineering Works Ltd share will be ranging in between ₹70 to ₹70 per share.

What is the cut-off time for the UPI mandate for Vruddhi Engineering Works Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, March 28, 2024.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • SURAKSHA DIAGNOSTIC LIMITEDMainboard IPO

  • Bidding Dates

    29th Nov 2024 - 12th Dec 2024

  • Price Range

    ₹420.0 - 441.0

  • IPO Size

    ₹8,46,25,00,000

  • Apply Now
  • GANESH INFRAWORLD LIMITEDSME IPO

  • Bidding Dates

    29th Nov 2024 - 12th Dec 2024

  • Price Range

    ₹78.0 - 83.0

  • IPO Size

    ₹98,57,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • SWIGGY LIMITEDMainboard IPO

  • Bidding Dates

    6th Nov 2024 - 11th Nov 2024

  • Price Range

    ₹371.0 - 390.0

  • IPO Size

    ₹1,13,27,43,00,000

  • Invest Now
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • ONYX BIOTEC LIMITEDSME IPO

  • Issue Price

    61.00

  • Listing Day Close

    56.75

  • Listing Day (Gain/Loss)

    -6.56

  • SWIGGY LIMITEDMainboard IPO

  • Issue Price

    390.00

  • Listing Day Close

    455.95

  • Listing Day (Gain/Loss)

    16.92

  • DANISH POWER LIMITEDSME IPO

  • Issue Price

    380.00

  • Listing Day Close

    598.50

  • Listing Day (Gain/Loss)

    57.63

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs + Users

icon-with-text

4.8+ App Rating

icon-with-text

4 Languages

icon-with-text

₹5000+ Cr MTF Book

icon-with-text