31 Mar 2021
Assets0.03
Total Income0.00
Profit After Tax-0.01
NET Worth0.00
Reserves and Surplus-0.01
Total Borrowing0.02
At a glance
Updated 2026-09-15The shares listed at ₹71.00, a 1.43% move from the issue price. Vruddhi Engineering Works is a SME IPO with an issue size of ₹4.76 crore, proposed for listing on BSE SME. The offer opens on 26th Mar 2024 and closes on 28th Mar 2024. The issue structure includes a fresh issue of ₹4.51 crore. The current listing schedule points to 3rd Apr 2024.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹4.76 Cr
Fresh issue₹4.51 Cr
Face value₹10
Price band₹66.00–₹70.00
Allotment1st Apr 2024
Listing3rd Apr 2024
Listing performance
Full performance ↗Issue price₹70.00
Listing price₹71.00
Current price—
Listing gain1.43%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹70.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens26th Mar 2024
Closes28th Mar 2024
Allotment1st Apr 2024
Refund2nd Apr 2024
Demat2nd Apr 2024
Listing3rd Apr 2024
Subscription demand
Full bidding ↗Total14.16×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹140,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| To meet working capital requirements | ₹2.60 Cr |
| General corporate purposes | ₹1.18 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue9.35₹ Cr · -28.6% vs prior year
PAT0.41₹ Cr · -45.3% vs prior year
Assets8.09₹ Cr · +3.5% vs prior year
Net Worth2.53₹ Cr · +19.3% vs prior year
Borrowing3.02₹ Cr · -6.5% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets1.00
Total Income2.21
Profit After Tax0.09
NET Worth0.10
Reserves and Surplus0.09
Total Borrowing0.47
31 Mar 2023
Assets7.82
Total Income13.10
Profit After Tax0.75
NET Worth2.12
Reserves and Surplus1.19
Total Borrowing3.23
30 Sep 2023
Assets8.09
Total Income9.35
Profit After Tax0.41
NET Worth2.53
Reserves and Surplus0.69
Total Borrowing3.02
KPIs
| KPI | Sep 30, 2023 |
|---|---|
| ROE | 16.20% |
| ROCE | 15.53% |
| Debt / Equity | 1.19% |
| RoNW | 16.20% |
| PAT Margin | 4.38% |
| Price to Book Value | 0.1 |
Valuation & shareholding
Pre-IPO EPS4.09
Post-IPO EPS2.99
Pre-IPO P/E17.13
Post-IPO P/E23.45
Promoter holding pre98.63%
Promoter holding post72.05%
Market cap₹17.67 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Vruddhi Engineering Works IPO | — | 23.45 x | — | — |
| Paluck Technologies IPO | — | 6.62 x | — | — |
| Sumax Engineering IPO | — | 15.05 x | — | — |
| Technocrats Plasma IPO | — | 16.26 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manager(s) fees including underwriting commission | ₹0.15 Cr |
| Brokerage, selling commission and upload fees | ₹0.12 Cr |
| Registrars to the issue | ₹0.01 Cr |
| Legal Advisors | ₹0.01 Cr |
| Advertising and marketing expenses | ₹0.08 Cr |
| Regulators including stock exchanges | ₹0.08 Cr |
| Printing and distribution of issue stationary | ₹0.03 Cr |
| Others, if any (Market making, Other Intermediary fees, consultant fees, depositories, etc.) | ₹0.50 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Fedex Securities Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-15.
IPO UPDATE ALERTS
Register for IPO Updates →Track Vruddhi Engineering Works without missing an update
Register for subscription, GMP, allotment and listing notifications.