Vrundavan Plantation Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹108 - ₹108
- Lot size
- 1,200 shares
- Issue amount
- ₹15.29 cr
- Total subscription
- 19.68×
- Opens
- 30 Oct 2023
- Closes
- 1 Nov 2023
- Allotment
- 3 Nov 2023
- Listing
- 6 Nov 2023
Offer at a glance
Issue overview
- Issue size
- 14,16,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,29,600
- Fresh issue
- ₹15.29 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,29,600
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 39,16,728
- Shares after issue
- 53,32,728
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,29,600 |
| HNI | 2 | 2,400 | ₹2,59,200 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 7.26 | 185.16 |
| NIB | 6.48 | 85.2 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 0.52 |
| ROE | 8.35 |
| ROCE | 6.71 |
| RONW | 4.19 |
| PRE IPO(PE) | 34.62 |
| POST IPO(PE) | 27.69 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1997, Vrundavan Plantation is engaged in the nursery business, offering services in landscape development, horticulture, plantation, landscape maintenance, irrigation works, and related activities. The company’s goal is to protect, restore, and expand green cover across India, contributing to climate change solutions. Vrundavan Plantation aims to manage 10 million hectares of forest and non-forest land to increase India’s forest cover and improve the quality of existing forests, supporting a greener India and a greener planet.
Strengths
- Well-Diversified and Specialized Service Offerings
- Organizational Stability with Strong Management Competence
- Robust and Long-Standing Client Relationships
Promoters
Upendra Tiwari
Registrar & documents
Lead manager
Interactive Financial Services Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
307, Sun Avenue One, Nr. Sun Prima, Ambawadi Na, Ahmedabad, 380006
079 3520 1135
[email protected]Company website ↗Understanding VPL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.