Vrundavan Plantation Limited is engaged into nursery business. The company’s main business comprises of Landscape Development, Horticulture/Plantation/Landscape maintenance Works, Irrigation works and Nursery Business.
The company’s product in plantation includes Big Trees, Shrubs, Ground Covers, Climber, Indoor Plants, etc. Vrundavan Plantation also trade in Pots which includes plastic pots, terracotta pots, self-watering pots, hanging pots, vertical gardens including pots of different materials like brass and ceramic, etc.
The aim of the company is to protect, restore, and increase Indian forest cover and respond to climate change. The company also aims to manage 10 million hectares on forest and non-forest land to increase forest cover and improve the quality of existing forests to green India and the world.
Vrundavan Plantation IPO – Details
| IPO Opening Date | 30 October 2023 |
| IPO Closing Date | 01 November 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 14,16,000 Shares Worth ₹15.29 Crore Fresh Issue: 14,16,000 Shares Worth ₹15.29 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹108 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Kfin Technologies Limited |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Vrundavan Plantation IPO – Date Schedule
| IPO Open Date | 30 October 2023 |
| IPO Close Date | 01 November 2023 |
| Basis of Allotment | 06 November 2023 |
| Initiation of Refund | 07 November 2023 |
| Credit of Shares to Demat Account | 08 November 2023 |
| IPO Listing Date | 09 November 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Nov 01, 2023 |
Vrundavan Plantation IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | 1,29,600 |
| Retail (Maximum) | 1 | 1200 | 1,29,600 |
| HNI (Minimum) | 2 | 2400 | 2,59,200 |
Competitive Strengths
- Well diversified and specialty service offerings.
- Organizational stability along with management expertise.
- Smooth flow of operations.
- Existing Clients.
- Quality Service.
Company Promoters
- Upendra Tiwari
Object Of The Issue
- Repayment of Working capital and unsecured loan.
- Working Capital Requirement.
- General Corporate Purposes.
- Meeting Public Issue Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 May 2023 | 1.80 | 1.55 | 0.17 | 0.17 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 34.62 |
| Market Cap (₹ Cr.) | 57.59 |
| ROE | 8.35% |
| ROCE | 6.71% |
| Debt/Equity | 0.47 |
| EPS (Rs) | 0.52 |
| RoNW | 4.19 |
Vrundavan Plantation IPO Promoter Holding
| Pre Issue Share Holding | 85.29% |
| Post Issue Share Holding | 62.65% |
Vrundavan Plantation IPO Prospectus
- Vrundavan Plantation IPO DRHP
- Vrundavan Plantation IPO RHP
Company Contact Information
| Vrundavan Plantation Limited 307, Sun Avenue One, Nr. Sun Prima, Ambawadi Na, Ahmedabad, 380006 Phone: 079 3520 1135 Email: cs@vrundavanplantation.com Website: http://www.vrundavanplantation.com/ |
Vrundavan Plantation IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: vpl.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Vrundavan Plantation IPO Lead Manager(s)
| 1. Interactive Financial Services Ltd |
Vrundavan Plantation IPO FAQs
| What is Vrundavan Plantation IPO? Vrundavan Plantation IPO is a SME IPO. The issue is priced at ₹108 per equity share. The IPO is to be listed on BSE SME. |
| When Vrundavan Plantation IPO will open? The IPO is to open on 30 October 2023 for Other – 50% and Retail – 50% Investors. |
| How to Vrundavan Plantation IPO? You can apply Vrundavan Plantation IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Vrundavan Plantation IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Vrundavan Plantation”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Vrundavan Plantation IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Vrundavan Plantation”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Vrundavan Plantation IPO Size? Vrundavan Plantation IPO size is ₹15.29 crores. |
| What is Vrundavan Plantation IPO Price Band? Vrundavan Plantation IPO Price Band is ₹108. |
| What is Vrundavan Plantation IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,29,600 amount while the maximum bid is 1200 shares with ₹1,29,600. |
| What is the Vrundavan Plantation IPO Allotment Date? Vrundavan Plantation IPO allotment date is 06 November 2023. |
| What is the Vrundavan Plantation IPO Listing Date? Vrundavan Plantation IPO listing date is 09 November 2023. The IPO is to list on BSE SME. |
