Vruddhi Engineering Works Ltd

Vruddhi Engineer IPO

Vruddhi Engineering Works Ltd

₹1,40,000 /2000 sharesMinimum investment

IPO details

Minimum investment
₹1,40,000
Price range
₹70 - ₹70
Lot size
2,000
Issue size
4.76 Cr
Face value
10

Subscription rate

Data will be available soon

Schedule

26 Mar 2024
IPO open date
28 Mar 2024
IPO close date
1 Apr 2024
Allotment date
1 Apr 2024
Funds unblock or debit
3 Apr 2024
Tentative listing date

About

Vruddhi Engineering Works Ltd is mainly engaged in offering mechanical splicing solutions to the real estate, construction and infrastructure industry by designing, engineering and supplying of rebar couplers. The Company's offering under this vertical includes (a) supply of rebar couplers as per its customer needs; (b) on-site threading services of the couplers; and (c) trading in threading machines and spares. The Company believes that it offers an end-to-end mechanical splicing solutions ranging from design, manufacturing, testing, logistics and rebar threading. It believes that the rebar couplers offered by the Company is an alternative to the conventional splicing methods followed in the construction industry.;
Parent organisation
Vruddhi Engineering Works Ltd

Vruddhi Engineer Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
0.002.2113.08202120222023

Strengths & Risks

Strengths
Risks
Diversified customer base;
Diversified and Established Product;
Quality Assurance
Experienced Promoter and Director with extensive domain knowledge
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.
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.
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.
The Company and its Promoter may not have significant experience in the business of the Company.

Application details

For Vruddhi Engineer IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹70 - ₹70₹2 - ₹5 Lakhs2000
High Networth Individual₹70 - ₹70₹2 - ₹5 Lakhs2000

Frequently Asked Questions