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 |
| More IPO’s | Check Here |
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 | – |
| Debt | – |
| 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 |
| 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.