Vruddhi Engineering Works IPO GMP, Grey Market Premium 2024

Vruddhi Engineering Works IPO is to open on March 26. Vruddhi Engineering Works is a BSE SME IPO to raise ₹4.76 crores via IPO. The Vruddhi Engineering Works IPO price band is fixed at ₹66 to ₹70 with a market lot of 2000 Shares. Their Company is mainly engaged in offering mechanical splicing solutions to the real estate, construction, and infrastructure industry by designing, engineering, and supplying rebar couplers. Their Company’s offering under this vertical includes (a) supply of rebar couplers as per their customer needs; (b) on-site threading services of the couplers; and (c) trading in threading machines and spares. Their Company believes that it offers end-to-end mechanical splicing solutions ranging from design, manufacturing, testing, logistics, and rebar threading. They believe that the rebar couplers offered by their Company are an alternative to the conventional splicing methods followed in the construction industry.

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Vruddhi Engineering Works IPO Expected Returns?

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