Vruddhi Engineering Works IPO Subscription Details

Bookbuilding IPO | ₹5 Cr | Listed at BSE SME | Tue, Mar 26, 2024 - Thu, Mar 28, 2024

Basis of Allotment - Vruddhi Engineering Works IPO

Category QIB NII Retail Total
Allocation (No. of shares)3,20,00098,0002,26,0006,44,000
Allotment price (Rs.)70707070
No.of applications22192,3472,568
No.of shares applied3,58,00038,86,00046,94,00089,38,000
Amount collected (Rs.cr.)2.51 27.20 32.86 62.57
No.of times subscribed1.1239.6520.7713.88
No.of shares allotted3,20,00098,0002,26,0006,44,000
Amount (Rs.cr.)2.24 0.69 1.58 4.51
No.of allottees238113153

IPO Shares Offered

Vruddhi Engineering Works IPO is a public issue of 0.06 Cr equity shares. The issue offers 0.02 Cr shares to retail investors, 0.03 Cr shares to qualified institutional buyers, and 0.01 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker36,0000.25 5.29%
QIB 3,20,0002.24 47.06%
NII* 98,0000.69 14.41%
Retail2,26,0001.58 33.24%
Total6,80,0004.76 100%

IPO Subscription FAQs

The Vruddhi Engineering Works IPO is subscribed 12.67 times by Mar 28, 2024 19:02.

Vruddhi Engineering Works IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.05
Non Institutional28.14
Retail Individual20.1
Total Subscription12.67

Retail category of Vruddhi Engineering Works IPO subscribed 20.1 times as of date Mar 28, 2024 19:02. The public issue closes on Thu, Mar 28, 2024 for bidding.

An investor can apply in Vruddhi Engineering Works IPO online via bank (using ASBA) or the broker (using UPI). The Vruddhi Engineering Works IPO shares are offered online only.

The Vruddhi Engineering Works IPO is subscribed 12.67 times by Mar 28, 2024 19:02.

The Vruddhi Engineering Works IPO allotment status is expected on or around Monday, April 1, 2024. Visit Vruddhi Engineering Works IPO allotment status to check.

The Vruddhi Engineering Works IPO listing date is April 3, 2024. The equity share of Vruddhi Engineering Works IPO will list on BSE SME.

Visit Vruddhi Engineering Works IPO subscription status page for real-time bidding information about Vruddhi Engineering Works IPO.

Vruddhi Engineering Works IPO Timetable

IPO opens OnTuesday, March 26, 2024
IPO Closes OnThursday, March 28, 2024
Finalisation of Basis of AllotmentMonday, April 1, 2024
Initiation of RefundsTuesday, April 2, 2024
Credit of Shares to Demat AccountTuesday, April 2, 2024
IPO Listing DateWednesday, April 3, 2024
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