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Company Contact Information
Vruddhi Engineering Works Ltd
Registered Office: Office # 603 6th Flr Cello The, Plaza V P Road Vile Parle West, Mumbai - 400056, Maharashtra
Phone: +91 022 26128915
Email: cs@vruddhicouplers.com
Website: www.vruddhicouplers.com
Initial public issue of 6,80,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Vruddhi Engineering Works Limited ("The Company" or the "Issuer") for cash at a price of Rs. 70 per equity share (the "Issue Price"), (including a premium of Rs. 60 per equity share), aggregating Rs. 4.76 crores ("The Issue"), of which 36,000 equity shares of face value of Rs. 10/- for cash at a price of Rs. 70 each aggregating Rs. 0.25 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 6,44,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 70 per equity share, aggregating to Rs. 4.51 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 26.95% and 25.52% respectively of the post issue paid up equity share capital of the company.
IPO Details
Issue Money Payable On
Opens On Closes On Application Allotment
26-Mar-2024 28-Mar-2024 ₹ 70.00 ₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0
(₹)Cr. Lead Managers to the Issue
Project Cost 3.78 Fedex Securities Pvt Ltd
Project Financed through Current Offer 4.76
Post Issue Equity Share Capital 2.52
Issue Price ₹70.00
Projects
Projects
To meet working capital requirements
General corporate puroses
Promoted By
Promoted By
Bindi Kunal Mehta
Listing At
Listing At
BSE - SME
Registrar to the Issue
Registrar to the Issue
Bigshare Services Pvt Ltd

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