Vruddhi Engineering Works Limited - Logo

Vruddhi Engineering Works Limited

VRUDDHI

66-70

per share
Bidding Dates
26-28 Mar
Min. Investment
₹1,32,000.00
Lot Size
2000 shares
Issue Size
₹4.76 Cr
IPO Timeline
Bidding starts
26 Mar ‘24
Bidding ends
28 Mar ‘24
Allotment finalisation*
01 Apr ‘24
Refund initiation*
02 Apr ‘24
Demat transfer
02 Apr ‘24
Listing
03 Apr ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About  Vruddhi Engineering Works Limited

Since inception in 2020, Vruddhi Engineering Works Limited has emerged as a leading player in the mechanical splicing solutions arena, catering primarily to the real estate, construction, and infrastructure sectors. The company prides itself on its ability to design, engineer, and supply top-notch rebar couplers, offering end-to-end solutions that encompass everything from product customization to on-site threading services and trading in threading machines and spares.

With a firm belief in the superiority of mechanical splicing over conventional methods, Vruddhi Engineering Works Limited has positioned itself as a reliable partner for construction contractors, real estate developers, and infrastructure companies. Their products, including rebar couplers and steel products, have found widespread application in a variety of projects, ranging from residential and commercial buildings to steel structures and roads.

One of the key strengths of the company lies in its customer-centric approach, wherein they design and engineer rebar couplers according to the specific requirements of their clients. Moreover, by collaborating with trusted third-party manufacturers, Vruddhi Engineering Works Limited ensures the quality and reliability of its products, thus garnering recognition and trust within the iron and steel industry as well as among its clientele.

As Vruddhi Engineering Works Limited prepares for its upcoming Initial Public Offering (IPO), it symbolizes excellence in the natural resource processing industry. With a diverse product portfolio and a strong emphasis on sustainability, the company is well-positioned for future growth and success. Investors are presented with a compelling opportunity to be a part of the company's journey towards a greener, more sustainable future.

The proceeds from the IPO will be utilized primarily to meet working capital requirements and for general corporate purposes, further strengthening the company's financial position and supporting its ongoing initiatives. With its strategic vision and commitment to innovation, Vruddhi Engineering Works Limited is poised to continue its trajectory of success, delivering value to shareholders while making a positive impact on the environment and the industries it serves.

Here are key details about the Vruddhi Engineering Works Limited IPO:

Company Name Vruddhi Engineering Works Limited   Vruddhi Engineering Works Limited IPO Opening Date  March 26, 2024
Company Established On 2020   Vruddhi Engineering Works Limited IPO Allotment Status  April 1, 2024
Vruddhi Engineering Works Limited IPO Closing Date March 28, 2024    Vruddhi Engineering Works Limited IPO Listing Date April 3, 2024
Credit of Shares to the Demat Account  April 2, 2024   Vruddhi Engineering Works Limited IPO Lot Size 2000 Shares
Vruddhi Engineering Works Limited IPO Face Value ₹10 per share   Vruddhi Engineering Works Limited IPO to be Listed on BSE
Vruddhi Engineering Works Limited IPO Issue Size ₹4.76 Cr   Vruddhi Engineering Works Limited IPO Price band  ₹66 to ₹70 per share

 

 

IPO analysis

Registrar information
Name
Bigshare Services Pvt Ltd
Phone number
+91-22-6263 8200
Email ID
ipo@bigshareonline.com

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