247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Vinir Engineering Limited

Bangalore

Date of DRHP : 17 Jan 2025

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

Vinir Engineering Basic Details

   Engineering

Sub Sector: Manufacturing of specialised, critical and heavy, precision-forged and machined components for a wide range of industries and applications, including energy, defence, aerospace, railways, energy turbines, hydraulics, earthmoving, high-end engineering

About the Company

Vinir Engineering Limited is an integrated engineering solutions company engaged in the manufacturing of specialised, critical and heavy, precision-forged and machined components for a wide range of industries and applications, including energy, defence, aerospace, railways, energy turbines, hydraulics, earthmoving, high-end engineering, amongst others (source: F&S Report).Their components play a vital role in various systems and applications, such as armored vehicles, armaments and ammunition, combat equipment, military hardware, upstream and downstream oil & gas systems, cryogenics systems, aircraft propulsion systems, power turbines, gas turbines, railway locomotives and braking systems, nuclear energy infrastructure equipment, heavy duty excavation machinery, spaceframes, hydraulic components, wind turbine generators & high-pressure boilers, amongst others. (source: F&S Report). They supply customized, higher value heavy duty components to customers as per their specifications and so, their volumes are relatively lower. Besides various ISO certifications like ISO 9001:2008, ISO 9001:2015, ISO14001:2015, ISO 45001:2018, ISO/IEC 17025:2017, ISO 50001:2018, they have also obtained application specific specialized certificationsfrom American Petroleum Institute and American Bureau of Shipping, which are a pre-requisite to supply of their components for aerospace and marine applications respectively. During Fiscal 2024, they supplied components to over 60 customers in India and internationally.

Financial Summary (Annualised Basis)

Revenue :
214.40 Cr.

PAT :
40.40 Cr.

Vinir Engineering IPO Lead Manager(s)

Pantomath Capital Advisors Private Limited

Vinir Engineering IPO Registrar

KFin Technologies Limited

Vinir Engineering DRHP Details

Objects of issue

  • Offer Related Expenses
  • Offer For sale

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FAQs

Vinir Engineering operates in Engineering and Manufacturing of specialised, critical and heavy, precision-forged and machined components for a wide range of industries and applications, including energy, defence, aerospace, railways, energy turbines, hydraulics, earthmoving, high-end engineering. The Issue would be listed on MainBoard. The registrar of the Issue is KFin Technologies Limited. The IPO type of Vinir Engineering is Book Building Process and Object of issue is

  • Offer Related Expenses
  • Offer For sale

The DRHP (Draft Red Herring Prospectus) of Vinir Engineering IPO was filed on 17 Jan 2025.

No, Vinir Engineering IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Vinir Engineering are not available now. You can apply in Vinir Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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