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IPO Snapshot    
Vruddhi Engineering Works Ltd.
Issue Open Date 26-Mar-24  
Issue Closing Date 28-Mar-24  
Application Money 100  
Allotment Money  
Price Band 66 - 70  
Minimium Application No. 2000  
Issue Size (Shares) 720000  
Market Lot 1.00  
Objective
i. To meet working capital requirements.ii. General Corporate Purpose.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   140000   3940000   28.14  
Qualified Institutional Buyers   340000   358000   1.05  
Retail Individual Investors   240000   4824000   20.10  
Business Description
Our Company is mainly engaged in offering mechanical splicing solutions to the real estate, construction and infrastructure industry by designing, engineering and supplying of rebar couplers. Our Company’s offering under this vertical includes (a) supply of re
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Promoter's Holding
Total Share Capital   1818256  
Offered to Public   680000  
Promoter's Holding (Pre-Issue)   98.63  
Promoter's Holding (Post-Issue)    
Address
Office No. 1317
Hubtown Solaris
N. S. Phadke Road
Near Flyover Bridge
Andheri (East)
Mumbai ,
Maharashtra ,
400069
Phone: 022 26128915 / 16
Email: cs@vruddhicouplers.com
Website: www.vruddhicouplers.com
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE
Lead Manager
Fedex Securities Ltd.
Promoters
Bindi Kunal Mehta
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