IPO

Vruddhi Engineering Works Ltd

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.
Issue
Opens On Closes On
26-Mar-24 28-Mar-24
Money Payable On
Application Allotment
70.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
Cr Lead Managers to the Issue
Project Cost (.Cr) 3.78 Fedex Securities Pvt Ltd
Project Financed through Current Offer (.Cr) 4.76  
Post Issue Equity Share Capital (.Cr) 2.52
Issue Price () 70.00
Projects
To meet working capital requirements
General corporate puroses
Promoted By
Bindi Kunal Mehta
Listing At
BSE - SME
Registrar to the Issue
No Data Available