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March 26, 2024 - March 28, 2024

Vruddhi Engineering Works IPO FAQ

Vruddhi Engineering Works IPO Date & Price

The Vruddhi Engineering Works IPO opens on March 26, 2024 and closes on March 28, 2024.

Vruddhi Engineering Works IPO timetable / schedule is as below:
  • Bid/Offer Opens On: March 26, 2024
  • Bid/Offer Closes On: March 28, 2024
  • Finalization of Basis of Allotment: April 1, 2024
  • Initiation of refunds: April 2, 2024
  • Credit of Equity Shares: April 2, 2024
  • Listing Date: April 3, 2024

Vruddhi Engineering Works IPO price is set at ₹70 per equity share.

Vruddhi Engineering Works IPO will close for subscription at 5 PM on March 28, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The Vruddhi Engineering Works IPO starts on March 26, 2024. The issue ends on March 28, 2024.

Vruddhi Engineering Works IPO Issue Size and Subscription Status

The Vruddhi Engineering Works IPO size is 680000 Equity Shares of ₹10 aggregating up to ₹4.76 Cr.

Vruddhi Engineering Works Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Vruddhi Engineering Works IPO shares through the banks (using ASBA) or through the broker (using UPI).

Sorry, The number of shares offered in Vruddhi Engineering Works IPO is not available at this time. Please revisit us for latest updates.

Vruddhi Engineering Works IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)1.05 times times
Non-Institutional Investors (NII)28.14 times times
Retail Individual Investor (RII)20.10 times times
Employee Reservations times
Other Reservations times
Total Issue Size12.67 times times

Click here to check the Vruddhi Engineering Works IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Vruddhi Engineering Works IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Vruddhi Engineering Works IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Vruddhi Engineering Works IPO Allotment and Listing

The Vruddhi Engineering Works IPO allot status will be available online on April 1, 2024. Check the Vruddhi Engineering Works IPO Allotment Status here.

Click here to check Vruddhi Engineering Works IPO Allotment Status.

Vruddhi Engineering Works IPO listing Date is April 3, 2024. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Vruddhi Engineering Works IPO listing date and time is published by the exchange in a circular.

Click here to view the Vruddhi Engineering Works IPO Basis of Allotment.

It is hard to say at what price Vruddhi Engineering Works IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Vruddhi Engineering Works IPO shares will list on April 3, 2024 at BSE SME.

Vruddhi Engineering Works IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Vruddhi Engineering Works IPO which could help you with questions like Vruddhi Engineering Works IPO buy or not? You should also read Vruddhi Engineering Works IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Vruddhi Engineering Works IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Vruddhi Engineering Works IPO performance. The performance reports are available 1 day after listing.