| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹15.29 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹15.29 Cr |
| Fresh Issue | ₹14.52 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน108.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544011 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Interactive Financial Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Incorporated in 1997,ย Vrundavan Plantationย 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 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.
The competitive strength of the company are as follows:-
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment of working capital and unsecured loans | 1.70 |
| 2 | Working Capital Requirement | 9.50 |
| 3 | General Corporate Purposes | 3.68 |
| Period Ended | 31 May 2023 |
|---|---|
| Assets | 23.22 |
| Total Income | 1.81 |
| Profit After Tax | 0.17 |
| NET Worth | 4.14 |
| Reserves and Surplus | 0.22 |
| Total Borrowing | 0.17 |
| Amount in ₹ Crore | |
| KPI | |
|---|---|
| ROE | 8.35% |
| ROCE | 6.71% |
| Debt / Equity | 0.47% |
| RoNW | 4.19% |
| PAT Margin | 0.00% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 0.52 | |
| P/E (x) | 34.62 | 27.69 |
| Promoter Holding | 85.29% | 62.65% |
| Market Cap | โน57.59 Cr. | |