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Open
26 Mar 2024
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Close
28 Mar 2024
3
Allotment
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Listing
Wed, Apr 3, 2024
Price Band
₹66 to ₹70
Issue Size
6,80,000 shares (agg. up to ₹5 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Apr 3, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.88x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 8.09 | 7.82 | 1.00 | 0.03 |
| Total Income | 9.35 | 13.10 | 2.21 | 0.00 |
| Profit After Tax | 0.41 | 0.75 | 0.09 | -0.01 |
| NET Worth | 2.53 | 2.12 | 0.10 | 0.00 |
| Reserves and Surplus | 0.69 | 1.19 | 0.09 | -0.01 |
| Total Borrowing | 3.02 | 3.23 | 0.47 | 0.02 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sona Machinery Ltd. | SME | ₹51.82 Cr | ₹143 | 18.8 | ₹131.25 | -8.22% | ₹34.55 |
| Shri Balaji Valve Components Ltd. | SME | ₹21.60 Cr | ₹100 | 9.33 | ₹199.50 | +99.50% | ₹128.00 |
| Presstonic Engineering Ltd. | SME | ₹23.30 Cr | ₹72 | 6.28 | ₹147.00 | +104.17% | ₹30.10 |
| Arrowhead Seperation Engineering Ltd. | SME | ₹13.00 Cr | ₹233 | 18.09 | ₹237.50 | +1.93% | ₹74.30 |
| Kalyani Cast Tech Ltd. | SME | ₹30.11 Cr | ₹139 | 8.67 | ₹277.30 | +99.50% | ₹927.95 |
| Vinyas Innovative Technologies Ltd. | SME | ₹54.66 Cr | ₹165 | 8.4 | ₹346.50 | +110.00% | ₹1,587.50 |
| Sunita Tools Ltd. | SME | ₹22.04 Cr | ₹145 | 16.88 | ₹147.25 | +1.55% | ₹998.55 |
| Global Pet Industries Ltd. | SME | ₹13.23 Cr | ₹49 | 23 | ₹52.80 | +7.76% | ₹158.55 |
| Jyoti CNC Automation Ltd. | Mainboard | ₹1,000.00 Cr | ₹331 | 433.43 | ₹434.20 | +31.18% | ₹1,037.20 |
| Cyient DLM Ltd. | Mainboard | ₹592.00 Cr | ₹265 | 66.25 | ₹420.60 | +58.72% | ₹976.25 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital requirements | 2.60 |
| 2 | General corporate purposes | 1.18 |
About Vruddhi Engineering Works IPO
Updated on Aug 5, 2026
Contact Details
Vruddhi Engineering Works Ltd. AddressOffice No 603, 6th FloorCello-The Plaza, V P RoadVile Parle WestMumbai, Maharashtra, 400056+91- 022 26128915cs@vruddhicouplers.comVisit Website