The Vrundavan Plantation IPO minimum market lot is 1200 with ₹129,600 application amount. The IPO is a BSE SME IPO, and it will list on BSE.
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.
IPOWatch View
We recommend investors may apply an IPO with Longterm Views,. Investors should also look at the NII, and Retail numbers before investing.
Vrundavan Plantation IPO Subscription Status – Day 3
Category | Day 1 |
NII | 11.60 |
RII | 25.51 |
Total | 18.57 |
Vrundavan Plantation IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Vrundavan Plantation IPO Review
- May Apply
Vrundavan Plantation IPO Form
How to apply for the Vrundavan Plantation IPO? You can apply for 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 is you can apply for Vrundavan Plantation IPO via IPO forms downloaded via BSE. Check out the Vrundavan Plantation forms – Click BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.