The Vruddhi Engineering Works IPO minimal marketplace lot is 2000 stocks with ₹140,000 utility quantity. The Vruddhi Engineering Works IPO is an SME IPO, and it’s to be indexed on BSE SME.
Vruddhi Engineering Works was once integrated in Mumbai, Maharashtra as “Vruddhi Steel Private Limited”, a non-public restricted corporate below the Companies Act, 2013, vide certificates of incorporation dated October 27, 2020, issued by way of the Assistant Registrar of Companies, Central Registration Centre. Subsequently, their corporate was once transformed from a non-public restricted corporate to a public restricted corporate, below a solution handed within the peculiar normal assembly of our Shareholders hung on December 26, 2022, and in consequence, the title in their Company was once modified to “Vruddhi Steel Limited”, and a contemporary certificates of incorporation consequent upon conversion from non-public corporate to public corporate dated January 05, 2023, was once issued by way of the RoC to their Company. Later on, on January 31, 2023, the working trade of the proprietorship fear in their Promoter particularly “M/s. Kosmo Ventures” was once taken over by way of the Company, along side the property and liabilities of the proprietorship fear as going fear. Further, the title in their Company was once modified to “Vruddhi Engineering Works Limited” below a unique solution handed within the peculiar normal assembly in their Shareholders hung on April 29, 2023, and a contemporary certificates of incorporation dated June 20, 2023, was once issued by way of the Registrar of Companies, Mumbai.
IPOWatch View
We suggest traders would possibly follow for an IPO with Avoid. Investors must additionally take a look at the QIB, NII, and Retail numbers sooner than making an investment.
Vruddhi Engineering Works IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.14 | 0.00 | 0.00 |
| RII | 0.97 | 0.00 | 0.00 |
| Total | 0.00 | 0.00 | 0.00 |
Vruddhi Engineering Works IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, and so on
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Vruddhi Engineering Works IPO Review
Vruddhi Engineering Works IPO Form
How to use for the Vruddhi Engineering Works IPO? You can follow for Vruddhi Engineering Works IPO by the use of ASBA to be had to your checking account. Just pass to the net financial institution login and follow by the use of your checking account by way of settling on the Vruddhi Engineering Works IPO within the Invest phase. The different possibility is you’ll be able to follow for Vruddhi Engineering Works IPO by the use of IPO paperwork downloaded on-line. Check out the Vruddhi Engineering Works paperwork – Click IPO Forms clean IPO paperwork obtain, fill, and put up to your financial institution or along with your dealer.
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– Source : IPOWATCH