58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Vrundavan Plantation Limited IPO (Vrundavan Plantation IPO) Detail

Vrundavan Plantation IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Agro - Plantation sector. Interactive Financial Services is the merchant banker of Vrundavan Plantation IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th July 2023.

Vrundavan Plantation IPO open date is 30th October 2023 and close date is 1st November 2023. IPO Allotment Date is 5th November 2023 and Listing date is 6th November 2023.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

Vrundavan Plantation IPO Date

Date of DRHP:
12th July 2023
IPO Allotment Date:
5th November 2023
IPO Open Date:
30th October 2023
Initiation of Refund:
6th November 2023
IPO Closing Date:
1st November 2023
IPO Listing Date:
6th November 2023

Vrundavan Plantation IPO Info, Size, Subscription

Vrundavan Plantation IPO size is Rs 15.29 Cr. crores with IPO price of Rs 108.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 15.29 Cr.

Issue Price:
₹ 108.00

Market Capitalisation :
₹ 57.59 Cr.

PE multiple :
27.69

Subscription :
18.57 times

Pre Issue Promoter Holding :
85.29 %

Post Issue Promoter Holding :
62.65%

Vrundavan Plantation IPO Information

Sub Sector : Nursery & Plantation for sale of plants
Vrundavan Plantation's Promoter and Managing Director, Mr. Upendra Tiwari in the year 1997 has incorporated proprietorship namely M/s. Vrundavan Nursery & Plantation for sale of plants (like nursery) with a vision to preserve and protect the environment in this deforestation and shrinking green spaces era. Their promoter with his vision identified the future requirement for the landscaping and gardening. He believes that now gardening is not the job of neighborhood Malis, rather it has emerged as a lucrative business in today’s world. Hence, he also started recruiting manpower’s to provide garden, landscaping and roof top garden services etc. Landscape, roof-top gardening and avenue plantations including online purchase of plants are concepts that have today acquired decent business size. After successfully running of two years as
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Object of Issue (Vrundavan Plantation IPO Objectives)

  • Repayment of Working capital and unsecured loan
  • Working Capital Requirement
  • General Corporate Purpose,
  • Meeting Public Issue Expenses

Interactive Financial Services Limited is the book-running lead manager of the Vrundavan Plantation IPO. Kfin Technologies Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Vrundavan Plantation IPO.

Vrundavan Plantation IPO Market Maker

Nikunj Stock Brokers Limited

Vrundavan Plantation IPO Registrar (RTA)

Kfin Technologies Limited

Vrundavan Plantation IPO Lead Manager (BRLM)

Interactive Financial Services Limited

Vrundavan Plantation IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Vrundavan Plantation IPO?

Vrundavan Plantation IPO, based in Ahmedabad, operates in the   Agro - Plantation sector with a focus on Nursery & Plantation for sale of plants. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Vrundavan Plantation IPO size is ₹ 15.29 Cr. Crores with fresh issue size of Rs 15.29 Cr. Crores and Offer for sale being Nil.

When is Vrundavan Plantation IPO allotment?

The IPO allotment date for Vrundavan Plantation IPO is expected to be 5th November 2023, after the finalization of basis of allotment. Investors can check Vrundavan Plantation IPO allotment status on the registrars website, Kfin Technologies Limited. Vrundavan Plantation IPO refund dates are 6th November 2023.

When is Vrundavan Plantation IPO listing date?

Vrundavan Plantation IPO is expected to be listed on 6th November 2023.

What is the price band for Vrundavan Plantation IPO?

The upper price band for the Vrundavan Plantation IPO is set at ₹ 108.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Vrundavan Plantation IPO Review?

For IPO analysis on Vrundavan Plantation IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Vrundavan Plantation IPO?

To apply for the Vrundavan Plantation IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st November 2023. After submission, funds are blocked until the basis of allotment of Vrundavan Plantation IPO is finalised.

Who is the merchant banker of Vrundavan Plantation IPO?

The merchant banker for Vrundavan Plantation IPO is Interactive Financial Services Limited . Interactive Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Vrundavan Plantation IPO RHP for further details.

Who is the Registrar of Vrundavan Plantation IPO?

The registrar for Vrundavan Plantation IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Vrundavan Plantation IPO through their official website or helpline.

What is the Vrundavan Plantation IPO subscription?

Vrundavan Plantation IPO was subscribed 18.57 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 15.29 Cr. Avg IPO Size (Sector Based) : ₹ 17.03 Cr.
  • Sector: Agro - Plantation SME IPO so far: 7
  • Merchant Banker: Interactive Financial SME IPO by BRLM so far: 47
  • City: Ahmedabad SME IPO so far: 174
  • Revenue (annualised): ₹ 21.72 cr.
            PAT: (annualised): ₹ 2.04 cr.
  • PE Ratio: 27.69x Average Sector PE Ratio: 16.02x
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FAQs

Vrundavan Plantation IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Vrundavan Plantation Financial Review Page

Vrundavan Plantation IPO subscription was 18.57 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Vrundavan Plantation IPO listed at a listing price of 101.65 against the offer price of 108.00.

The current market price of Vrundavan Plantation is 57.12.

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