Vruddhi Engineer IPO

Vruddhi Engineering Works Ltd

₹1,40,000 /2000 sharesMinimum Investment

Vruddhi Engineer IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
26 Mar ‘24 - 28 Mar ‘24₹1,40,0002,000₹70 - ₹70
Issue Size
4.76Cr

About Vruddhi Engineer

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

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.

Vruddhi Engineer Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Vruddhi Engineer IPO

Apply asPrice bandApply Range
Regular70 - 70₹2 - 5 Lakh
High Networth Individual70 - 70₹2 - 5 Lakh
For Vruddhi Engineer IPO, eligible investors can apply as Regular.