VRUDDHI ENGINEERING WORKS LIMITED IPO
VRUDDHI ENGINEERING WORKS LIMITED was a SME IPO, offered at ₹66–₹70 per share. The issue was subscribed 12.67× overall (QIBs 1.05×, NIIs 28.14×, retail 20.1×). It listed on 3 Apr 2024 at ₹71 and closed its first day at ₹75, a listing gain of +6.5% versus the ₹70 issue price. It now trades around ₹142 (+102.9% versus the issue price).
Frequently asked questions
- How many times was the VRUDDHI ENGINEERING WORKS LIMITED IPO subscribed?
- The VRUDDHI ENGINEERING WORKS LIMITED IPO was subscribed 12.67× overall — 1.05× in the QIB category, 28.14× among non-institutional investors, 20.1× in retail.
- What were the VRUDDHI ENGINEERING WORKS LIMITED IPO listing gains?
- VRUDDHI ENGINEERING WORKS LIMITED listed on 3 Apr 2024 at ₹71, closing its first day at ₹75 — a listing gain of +6.5% versus the ₹70 issue price.
- What were the retail allotment odds for the VRUDDHI ENGINEERING WORKS LIMITED IPO?
- Retail was subscribed 20.1×, so a single-lot application had roughly a 5% chance of allotment (about 1 in 20), and allotment was finalised on 1 Apr 2024.
- What was the price band and lot size of the VRUDDHI ENGINEERING WORKS LIMITED IPO?
- The price band was ₹66–₹70 per share.