1. IPO
Vruddhi Engineering Works Limited

Vruddhi Engineering Works Limited

listed
₹1.32LMin. investment
  1. Bid start
    26 Mar
  2. Bid end
    28 Mar
  3. Allotment
    28 Mar
  4. Release of funds
    2 Apr
  5. Demat transfer
    1 Apr
  6. Listing
    3 Apr

Vruddhi Engineering Works Limited IPO Details

Price range₹66.00 – ₹70.00
IPO type
SME
Lot size2000 shares
Issue size₹4.76Cr

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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 NameVruddhi Engineering Works Limited Vruddhi Engineering Works Limited IPO Opening DateMarch 26, 2024
Company Established On2020Vruddhi Engineering Works Limited IPO Price band₹66 to ₹70 per share

Frequently asked questions

How to invest in the Vruddhi Engineering Works Limited ?

Investors can apply for the Vruddhi Engineering Works Limited through their Demat account via the stock exchange or through their broker.

What is the issue size of Vruddhi Engineering Works Limited ?

The issue size of the Vruddhi Engineering Works Limited is 4.76 Cr.

What is 'pre-apply' for Vruddhi Engineering Works Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Vruddhi Engineering Works Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.