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Open
30 Oct to 1 Nov, 2023
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Close
30 Oct to 1 Nov, 2023
3
Allotment
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Listing
Mon, Nov 6, 2023
Price Band
₹108 per share
Issue Size
14,16,000 shares (agg. up to ₹15 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Nov 6, 2023
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
06-11-2023₹0Est. ₹108+0%
05-11-2023₹0Est. ₹108+0%
04-11-2023₹3Est. ₹111+2.78%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 18.49x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Kontor Space Ltd. | SME | ₹15.62 Cr | ₹93 | 22.27 | ₹115.90 | +24.62% | ₹59.60 (-8.17%) |
| Service Care Ltd. | SME | ₹20.68 Cr | ₹67 | 21.2 | ₹67.55 | +0.82% | ₹60.75 (+4.83%) |
| Spectrum Talent Management Ltd. | SME | ₹105.14 Cr | ₹173 | 15 | ₹147.25 | -14.88% | ₹61.95 (+0.08%) |
| Infollion Research Services Ltd. | SME | ₹21.45 Cr | ₹82 | 14.24 | ₹198.55 | +142.13% | ₹169.80 (-1.22%) |
| ITCONS E-Solutions Ltd. | SME | ₹8.67 Cr | ₹51 | 12.09 | ₹49.33 | -3.27% | ₹275.70 (+2.55%) |
| Anlon Technology Solutions Ltd. | SME | ₹15.00 Cr | ₹100 | 11.71 | ₹263.65 | +163.65% | ₹654.20 (+5.00%) |
| Droneacharya Aerial Innovations Ltd. | SME | ₹33.97 Cr | ₹54 | 45 | ₹107.10 | +98.33% | ₹38.01 (-1.27%) |
| Integrated Personnel Services Ltd. | SME | ₹12.74 Cr | ₹59 | 12.77 | ₹69.80 | +18.31% | ₹230.00 (-6.12%) |
| Updater Services Ltd. | Mainboard | ₹640.00 Cr | ₹300 | 44.31 | ₹283.90 | -5.37% | ₹194.21 (+1.11%) |
| Radiant Cash Management Services Ltd. | Mainboard | ₹256.64 Cr | ₹94 | 17.34 | ₹104.90 | +11.60% | ₹38.06 (-0.05%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of working capital and unsecured loans | 1.70 |
| 2 | Working Capital Requirement | 9.50 |
| 3 | General Corporate Purposes | 3.68 |
About Vrundavan Plantation IPO
Incorporated in 1997, Vrundavan Plantation 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:- Well diversified and specialty service offerings Organizational stability combined with stong management competence Strong bond with exisiting clients. + Read More
Contact Details
Vrundavan Plantation Ltd. Address307, Sun Avenue OneNr.Sun Prima, Ambawadi NaAhmedabad, Gujarat, 380006079 3520 1135cs@vrundavanplantation.comVisit Website