Vrundavan Plantation (BSE SME)
October 30, 2023 – November 1, 2023
| Price | ₹108 - ₹108 |
| Premium | ₹0 |
|---|---|
| Lot size | 1200 |
| Allotment | Nov 3, 2023 |
| Listing | Nov 6, 2023 |
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Subscription
Last updated on 01 Nov 2023 | 05:54:55 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 6,00,000 | 78,88,800 | 13.15 |
| Retail | 6,72,000 | 1,71,44,400 | 25.51 |
| Total | 12,72,000 | 2,50,33,200 | 19.68 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 129600 | 560 |
| HNI | 2 | 2400 | 259200 | 500 |
Incorporated in 1997, Vrundavan Plantation is engaged into nursery business. The company's main business comprises of Landscape Development, Horticulture/Plantation/Landscape maintenance Works, Irrigation works and Nursery Business.
The aim of the company is to protect, restore, and increase Indian forest cover and respond to climate change. The company also aims to manage 10 million hectares on forest and non-forest land to increase forest cover and improve the quality of existing forests to green India and the world.
The competitive strength of the company are as follows:-
- Well diversified and specialty service offerings
- Organizational stability combined with stong management competence
- Strong bond with exisiting clients.
Vrundavan Plantation IPO Details
| Issue Size | 1,416,000 shares (aggregating up to ₹15.29 Cr) |
| Fresh Issue | 1,416,000 shares (aggregating up to ₹15.29 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 3,916,728 |
| Share holding post issue | 5,332,728 |
| Market Maker portion | 72,000 shares Nikunj Stock Brokers |
Vrundavan Plantation IPO Reservation
Vrundavan Plantation IPO offers 1,416,000 shares. 672,000 (47.46%) to NII, 672,000 (47.46%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 72,000 (5.08%) |
| Other Shares Offered | 672,000 (47.46%) |
| Retail Shares Offered | 672,000 (47.46%) |
| Shares Offered | 1,416,000 (100%) |
Vrundavan Plantation IPO Lead Manager(s)
Interactive Financial Services Ltd
Company Financials
Vrundavan Plantation Limited Financial Information (Restated)
| Period | May 2023 |
| Assets | 2,321.67 |
| Revenue | 180.68 |
| Profit | 17.33 |
| Net Worth | 413.82 |
| Reserves | 22.15 |
| Borrowing | 17.47 |
| Amount in ₹ Lakhs | |
Strength
Weakness
Lead Manager(s)
Address
Vrundavan Plantation Limited
307, Sun Avenue One,
Nr. Sun Prima, Ambawadi Na,
Ahmedabad, 380006
Phone: 079 3520 1135
Email: cs@vrundavanplantation.com
Website: http://www.vrundavanplantation.com/