After successfully running two years as a nursery business, Vrundavan Plantation’s Promoter, Mr. Upendra Tiwari has started taking contracts for the annual maintenance services from different organizations. In the initial years, it was surrounded by services up to the local territory of Ahmedabad only. After completing two successful years in maintenance services within Ahmedabad, the proprietor started taking contracts for the development of garden areas. From F.Y. 2001, Their Promoter has catered to many good contracts from renowned infrastructure companies for developing and maintaining their projects and sites based in Ahmedabad. In F.Y. 2004-05, Their Promoter through its proprietorship M/s. Vrundavan Nursery & Plantation got its milestone achievement contract from Reliance Engineering Associates Private Limited for the development for which drawings and designs were prepared by the owners. Since, F.Y. 2004-05, the Company has done almost many contracts with the many renowned organizations of India, which has led to their business in a different category other than the routine business of nursery.
In their nursery business segment, their product in plantation includes Big Trees, Shrubs, Ground Covers, Climber, Indoor Plants, etc. They also trade in Pots which include plastic pots, terracotta pots, self-watering pots, hanging pots, vertical gardens including pots of different materials like brass and ceramic, etc. They also trade gardening tools along with the all necessary accessories for gardening. They do trade of garden inputs as well, which includes plant foods, organic pesticides, potting mixes, nutrients, etc.
Objects of the Issue:
- Repayment of Working capital and unsecured loan.
- Working Capital Requirement.
- General corporate purpose.
- Meeting Public Issue Expenses.
Vrundavan Plantation IPO Review
- May Apply
Vrundavan Plantation IPO Date & Price Band Details
|IPO Open:||October 30, 2023|
|IPO Close:||November 1, 2023|
|IPO Size:||Approx ₹15.29 Crores, 1,416,000 Equity Shares|
|Face Value:||₹10 Per Equity Share|
|IPO Price Band:||₹108 Per Equity Share|
|IPO Listing on:||BSE SME|
|Retail Quota:||50% of the net offer|
|QIB Quota:||[.]% of the net offer|
|NII Quota:||50% of the net offer|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors in IPO:||Click Here|
Vrundavan Plantation IPO Market Lot
The Vrundavan Plantation IPO minimum market lot is 1200 shares with a ₹129,600 application amount.
Vrundavan Plantation IPO Dates
The Vrundavan Plantation IPO date is October 30 and the IPO close date is November 1. The IPO allotment date is November 4 and the IPO might list on November 6.
|IPO Open Date:||October 30, 2023|
|IPO Close Date:||November 1, 2023|
|Basis of Allotment:||November 4, 2023|
|Refunds:||November 6, 2023|
|Credit to Demat Account:||November 6, 2023|
|IPO Listing Date:||November 6, 2023|
Vrundavan Plantation IPO Form
How to apply Vrundavan Plantation IPO? You can apply Vrundavan Plantation IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vrundavan Plantation IPO in the Invest section. The other option you can apply Vrundavan Plantation IPO via IPO forms download via the BSE website. Check out the Vrundavan Plantation forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Vrundavan Plantation Company Financial Report
|₹ in Crores|
Vrundavan Plantation IPO Valuation – FY2023
Check Vrundavan Plantation IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹0.52 per Equity Share|
|Price/Earning P/E Ratio:||34.62|
|Return on Net Worth (RoNW):||4.19%|
|Net Asset Value (NAV):||₹10.57 per Equity Share|
- Upendra Tiwari
Vrundavan Plantation IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Vrundavan Plantation IPO Allotment Status
Check Vrundavan Plantation IPO allotment status on Kfin Technologies website URL. Click Here
Vrundavan Plantation IPO Lead Managers aka Merchant Bankers
- Interactive Financial Services Ltd
Vrundavan Plantation Limited
307, Sun Avenue One,
Nr. Sun Prima, Ambawadi Na,
Phone: 079 3520 1135
Email: [email protected]