Last updated on November 6, 2023
Vrundavan Plantation IPO description – Vrundavan Plantation is engaged in the nursery business and service business. The company’s main business comprises Landscape Development, Horticulture/Plantation/Landscape maintenance Works, Irrigation works and Nursery Business.
In the nursery business segment, its products in plantation include Big Trees, Shrubs, Ground Covers, Climber, Indoor Plants, etc. The company also trades in Pots which include plastic pots, terracotta pots, self-watering pots, hanging pots, vertical gardens including pots of different materials like brass and ceramic, etc.
In the service business segment, Vrundavan Plantation does lawn mowing services, brush and jungle cleaning activities, hedge trimming activities, and watering on roadside plants. It also takes maintenance contracts for the different organisations which also includes the government departments.
Vrundavan Plantation also trades gardening tools along with the all necessary accessories for gardening. It trades garden inputs as well, which include plant foods, organic pesticides, potting mixes, nutrients, etc.
As of 30 June 2023, Vrundavan Plantation has a total strength of permanent employees 208 in various departments.
Promoters of Vrundavan Plantation – Upendra Tiwari
Table of Contents
Vrundavan Plantation IPO Details
| Vrundavan Plantation IPO Dates | 30 Oct – 1 Nov 2023 |
| Vrundavan Plantation Issue Price | INR 108 per share |
| Fresh issue | 14,16,000 shares (INR 15.29 crore) |
| Offer For Sale | NIL |
| Total IPO size | 14,16,000 shares (INR 15.29 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 129,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Vrundavan Plantation Financial Performance
| Â | FY 2021* | FY 2022* | FY 2023* | Up to 31 May 2023 |
| Revenue | 672.42 | 1,223.43 | 1,826.74 | 180.68 |
| Expenses | 643.46 | 1,188.61 | 1,628.62 | 155.12 |
| Net income | 28.96 | 34.82 | 199.20 | 17.33 |
*Represents financial data of proprietorship firm ‘Vrundavan Nursery and Planation’ taken over by the company.
Vrundavan Plantation Offer News
- Vrundavan Plantation RHP
- Vrundavan Plantation Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Vrundavan Plantation Valuations & Margins
| Up to 31 May 2023 | |
| EPS | 0.52 |
| PE ratio | 34.62** |
| RONW (%) | 4.19 |
| NAV | 10.57 |
| ROCE (%) | 8.35 |
| EBITDA (%) | 16.17 |
| Debt/Equity | 0.47 |
**Based on Annualized EPS
Vrundavan Plantation IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 4 November 2023 | 8 | – | – |
| 3 November 2023 | 15 | – | 19,000 |
| 2 November 2023 | 27 | – | 30,000 |
| 1 November 2023 | 27 | – | 30,000 |
| 31 October 2023 | 25 | – | 30,000 |
| 30 October 2023 | 30 | – | 35,000 |
| 28 October 2023 | 30 | – | 35,000 |
Vrundavan Plantation IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 708,000 | 708,000 | 1,416,000 |
| 1 Nov 2023 | 11.14 | 24.22 | 17.68 |
| 31 Oct 2023 | 1.38 | 7.42 | 4.40 |
| 30 Oct 2023 | 0.62 | 3.18 | 1.90 |
Vrundavan Plantation IPO Allotment Status
Vrundavan Plantation IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Vrundavan Plantation IPO Dates & Listing Performance
| IPO Opening Date | 30 October 2023 |
| IPO Closing Date | 1 November 2023 |
| Finalization of Basis of Allotment | 4 November 2023 |
| Initiation of refunds | 4 November 2023 |
| Transfer of shares to demat accounts | 6 November 2023 |
| IPO Listing Date | 6 November 2023 |
| Opening Price on BSE SME | INR 107 per share (down 0.93%) |
| Closing Price on BSE SME | INR 101.65 per share (down 5.88%) |
Vrundavan Plantation Offer Lead Manager
INTERACTIVE FINANCIAL SERVICES LIMITED
612, 6th Floor, Shree Balaji Heights, Kokilaben Vyas Marg,
Ellisbridge, Ahmedabad – 380 009, Gujarat, India
Phone: +91-9898055647
Email:Â [email protected]
Website:Â www.ifinservices.in
Vrundavan Plantation Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Vrundavan Plantation Contact Details
VRUNDAVAN PLANTATION LIMITED
307, Sun Avenue One, Nr. Sun Prima,
Ambawadi Na, Ahmedabad, Gujarat-380006
Phone: 079 3520 1135
E-mail: [email protected]
Website: www.vrundavanplantation.com
IPO FAQs
What is Vrundavan Plantation IPO offer size?
Vrundavan Plantation offer size is INR 15.29 crores.
What is the Vrundavan Plantation offer price band?
Vrundavan Plantation public offer price is INR 108 per share.
What is the lot size of the Vrundavan Plantation public offer?
Vrundavan Plantation offer lot size is 1,200 shares.
What is Vrundavan Plantation IPO GMP today?
Vrundavan Plantation IPO GMP today is INR 8 per share.
What is the Vrundavan Plantation kostak rate today?
Vrundavan Plantation kostak rate today is INR NA per application.
What is Vrundavan Plantation Subject to Sauda rate today?
Vrundavan Plantation Subject to Sauda rate today is INR NA per application.
