Vruddhi Engineering Works IPO Date, Review, Price, Allotment Details

Vruddhi Engineering Works used to be integrated in Mumbai, Maharashtra as “Vruddhi Steel Private Limited”, a personal restricted corporate beneath the Companies Act, 2013, vide certificates of incorporation dated October 27, 2020, issued via the Assistant Registrar of Companies, Central Registration Centre. Subsequently, their corporate used to be transformed from a personal restricted corporate to a public restricted corporate, beneath a answer handed within the atypical basic assembly of our Shareholders hung on December 26, 2022, and in consequence, the title in their Company used to be modified to “Vruddhi Steel Limited”, and a recent certificates of incorporation consequent upon conversion from personal corporate to public corporate dated January 05, 2023, used to be issued via the RoC to their Company. Later on, on January 31, 2023, the working industry of the proprietorship worry in their Promoter specifically “M/s. Kosmo Ventures” used to be taken over via the Company, at the side of the belongings and liabilities of the proprietorship worry as going worry. Further, the title in their Company used to be modified to “Vruddhi Engineering Works Limited” beneath a unique answer handed within the atypical basic assembly in their Shareholders hung on April 29, 2023, and a recent certificates of incorporation dated June 20, 2023, used to be issued via the Registrar of Companies, Mumbai.

Their Company is basically engaged in providing mechanical splicing answers to the actual property, development, and infrastructure business via designing, engineering, and supplying rebar couplers. Their Company’s providing beneath this vertical contains (a) provide of rebar couplers as in keeping with their buyer wishes; (b) on-site threading services and products of the couplers; and (c) buying and selling in threading machines and spares. Their Company believes that it provides end-to-end mechanical splicing answers starting from design, production, trying out, logistics, and rebar threading. They consider that the rebar couplers presented via their Company are a substitute for the traditional splicing strategies adopted within the development business.

The merchandise provided via their Company i.e. rebar couplers and Steel Products in finding their utility with development contractors, actual property builders, and infrastructure corporations and are used within the development of residential and business constructions, metal buildings, roads, and many others. Their corporate design and engineer the rebar couplers as in keeping with the client’s requirement and is manufactured via a third-party producer.

Objects of the Issue:

• To meet running capital necessities
• General Corporate Purpose

Vruddhi Engineering Works IPO Review

Vruddhi Engineering Works IPO Date & Price Band Details

Vruddhi Engineering Works IPO Market Lot

The Vruddhi Engineering Works IPO minimal marketplace lot is 2000 stocks with a ₹140,000 utility quantity.

Vruddhi Engineering Works IPO Dates

The Vruddhi Engineering Works IPO date is March 21 and the IPO shut date is March 26. The IPO allotment date is March 27 and the IPO may record on April 1.

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Vruddhi Engineering Works IPO Form

How to use Vruddhi Engineering Works IPO? You can observe Vruddhi Engineering Works IPO by means of ASBA to be had to your checking account. Just pass to the net financial institution login and observe by means of your checking account via settling on the Vruddhi Engineering Works IPO within the Invest phase. The different possibility you’ll be able to observe Vruddhi Engineering Works IPO by means of IPO bureaucracy obtain by means of the BSE website online. Check out the Vruddhi Engineering Works bureaucracy – click on BSE IPO Forms obtain, fill and post to your financial institution or along with your dealer.

Vruddhi Engineering Works Company Financial Report

Vruddhi Engineering Works IPO Valuation – FY2023

Check Vruddhi Engineering Works IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Peer Group

• Shiv Aum Steels Limited
• SRU Steels Limited

Vruddhi Engineering Works IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Vruddhi Engineering Works IPO Allotment Status

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Vruddhi Engineering Works IPO Lead Managers aka Merchant Bankers

• Fedex Securities Pvt Ltd

Company Address

Vruddhi Engineering Works Limited
Office No 603, sixth Floor,
Cello – The Plaza, V P Road,
Vile Parle West, Mumbai – 400056
Phone: +91- 022 26128915
Email: [email protected]
Website: http://www.vruddhicouplers.com/

Vruddhi Engineering Works IPO FAQs

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