Vruddhi Engineer IPO
Vruddhi Engineering Works Ltd
₹1,40,000 /2000 sharesMinimum Investment
Vruddhi Engineer IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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26 Mar ‘24 - 28 Mar ‘24 | ₹1,40,000 | 2,000 | ₹70 - ₹70 |
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
Strengths & Financials of Vruddhi Engineer
Diversified customer base;
Diversified and Established Product;
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.
Vruddhi Engineer Financials
*All values are in Rs. Cr
Application Details of Vruddhi Engineer IPO
Apply as | Price band | Apply Range |
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Regular | ₹70 - 70 | ₹2 - 5 Lakh |
High Networth Individual | ₹70 - 70 | ₹2 - 5 Lakh |
For Vruddhi Engineer IPO, eligible investors can apply as Regular.