Vrundavan Plantation IPO: Review, Dates, Prices, Time Table

Vrundavan Plantation IPO: The Rs 15.29 crore Vrundavan Plantation IPO is being offered at a fixed price. This is a brand-new 14.16 lakh share offering. The IPO price of Vrundavan Plantation is ₹108 per share. An application must have a minimum lot size of 1200 shares. Retail investors are required to invest a minimum of ₹129,600. For HNI, a minimum investment of two lots (2,400 shares) of ₹259,200 is required.

The first public offering (IPO) of Vrundavan Plantation commences on October 30, 2023, and ends on November 1, 2023. On Monday, November 6, 2023, the allocation for the Vrundavan Plantation Initial Public Offering is anticipated to be completed. The proposed listing date for the Vrundavan Plantation Initial Public Offering (IPO) is Thursday, November 9, 2023, on BSE SME.

The Vrundavan Plantation IPO’s book running lead manager is Interactive Financial Services Ltd., and the issue’s registrar is Kfin Technologies Limited. Nnm Securities is the market maker for the IPO of Vrundavan Plantation.

Vrundavan Plantation IPO Overview

Vrundavan Plantation Limited Company Overview
Company Name Vrundavan Plantation Limited
IPO Opening Date 30 October, 2023
IPO Closing Date 01 November, 2023
Face Value 10₹ Per Share
Share Price Range 108₹
Lot Size 1200 Shares Per Lot
GMP Check Here
Issue Type Fixed Price Issue
Total IPO Issue Size 1,416,000 Shares
Fresh Issue Size 1,416,000 Shares
IPO Listing At BSE SME
Share Holding Pre Issue 3,916,728
Share Holding Post Issue 5,332,728
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Vrundavan Plantation IPO Lot Size

Investors may make a minimum offer of 1200 shares and an amount greater than that. The minimum and highest investments made by retail investors and HNI in terms of shares and money are shown in the table below.

Vrundavan Plantation Limited IPO Lot Size
Minimum Retail Applications 01 Lot
Maximum Retail Applications 01 Lot
Minimum HNI Applications 02 Lots
Total Shares In Single Lot 1200 Shares
Amount For Single Lot ₹129,600


Vrundavan Plantation IPO Time Table (Tentative)

The IPO for Vrundavan Plantation starts on October 30, 2023, and ends on November 01, 2023.

Vrundavan Plantation Limited IPO Time Table Complete Details
IPO Initiation Date 30 October, 2023
IPO Ending Date 01 November, 2023
Basis Of Allotment 06 November, 2023
Initiation Of Refund 07 November, 2023
Shares Credit To D-mat Account 08 November, 2023
Date Of Listing 09 November, 2023
Cut Off Time For UPI Mandate Confirmation 05:00 PM, 01 November, 2023


Vrundavan Plantation IPO Reservation Details

Vrundavan Plantation Limited IPO Reservation Overview
Shares Offered To Retailers Not Less Than 50% Of Net Offer
Shares Offered To Others Not Less Than 50% Of Net Offer


Vrundavan Plantation Company Financials

Vrundavan Plantation Limited Company Financials Information
This Data Is Of 31 March, 2023
Total Revenue 1,827.82
Assets 2,495.56
Profit After Tax 190.83
Net Worth
Reserves And Surplus
All Amount In ₹ Lakh 


Vrundavan Plantation Promoters Holding

Share Holding Pre Issue 85.29%
Share Holding Post Issue 62.65%


Vrundavan Plantation Key Performance Indicators

Vrundavan Plantation Limited Key Performance Indicators
KPI Values
P/E (X) 34.62
EPS 8.35
ROE 8.35%
ROCE 6.71%
Debt/Equity 0.47%


Is Vrundavan Plantation IPO Contact Details.

Vrundavan Plantation Limited Contact Details
Company Address 307, Sun Avenue One, Nr. Sun Prima, Ambawadi Na, Ahmedabad, 380006
Phone +9179 3520 1135
E-Mail cs@vrundavanplantation.com
Website http://www.vrundavanplantation.com/


Is Vrundavan Plantation IPO Good Or Bad To Buy?

Vrundavan Plantation was founded in 1997 and is a nursery company. The primary operations of the company are landscaping development, irrigation work, horticulture/plantation/landscape upkeep, and nursery business.

The company’s objectives are to combat climate change and preserve, replenish, and expand the area of Indian forests. In order to green India and the rest of the world, the corporation also plans to manage 10 million hectares of both forest and non-forest land. This will enhance the quality of the current forest cover.


What Is The Future Of Vrundavan Plantation Stock?

  • Offerings of specialized and well-diversified services.
  • Strong management ability along with organizational stability.
  • strong relationship with current clients.


What Is The Objective Of Vrundavan Plantation IPO Issue?

The main objective’s of Vrundavan Plantation IPO issue are :-

  • Repayment of the unsecured debt and working capital.
  • Operating Capital Need.
  • Broader corporate objectives.
  • Taking Care of Public Issue Costs.


How To Apply For Vrundavan Plantation IPO?

The Vrundavan Plantation IPO application form and payment can both be completed online. Through the net banking feature of your bank account, you can access the ASBA IPO application. UPI IPO applications are provided by brokers who do not offer banking services. On this page, you can get more details on how to apply for an IPO online using Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.


When Is Vrundavan Plantation IPO Allotment?

The Allotment Date For Vrundavan Plantation IPO Is November 06, 2023.

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