Vruddhi Engineering IPO Allotment Status
Vruddhi Engineering Works IPO allotment is scheduled for April 1, available from March 26 to 28, prices shares between ₹66-₹70, each with a ₹10 face value. Investors can bid in lots of 2,000 shares.
Vruddhi Engineering IPO Allotment Status Check
To ascertain their allocation status for the Vruddhi Engineering IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Bigshare services’s website.
IPO Allotment Status NSE
Here are steps to check Vruddhi Engineering IPO allotment status on BSE website
Step 1: Visit BSE website
Step 2: Select ‘Equity’ under the Issue Type
Step 3: Choose Vruddhi Engineering Limited from the drop-down menu
Step 4: Enter Application No or PAN
Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”
Steps to check Naman In-Store IPO allotment status on Bigshare services’s website
Step 1: Visit IPO registrar website – Bigshare services
Step 2: Select ‘Vruddhi Engineering’ from the Select Company dropdown menu
Step 3: Choose from PAN, Application No, DP/Client ID or Account No/IFSC
Step 4: Enter the details as per the option selected
Step 5: Hit the Submit button
Your Vruddhi Engineering IPO allotment status will be reflected on the screen.
Vruddhi Engineering IPO GMP Today
The Vruddhi Engineering IPO GMP (Grey Market Premium) is at ₹0 as of 28th March.
Vruddhi Engineering IPO Subscription Status
As of Day 2, Vruddhi Engineering Works IPO has achieved 4.13x oversubscription. The retail segment saw 6.82x subscription, non-institutional investors at 96%, and qualified institutional buyers at 2.63x.Total bids stand at 21,14,000 shares against an offer of 5,12,000 shares.
Vruddhi Engineering IPO Details
The IPO of Vruddhi Engineering Works, totaling ₹4.76 crore, comprises entirely new equity shares valued at ₹10 each, with no offer-for-sale portion. The proceeds will fund the company’s working capital and general corporate objectives. Bigshare Services and Fedex Securities manage the IPO’s registration and book-running.
