| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 2,000 | ₹1,40,000 |
| HNI / NII | 2 | 4,000 | ₹2,80,000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,20,000 (47.06%) | — | — |
| NII / HNI (Total) | — | 98,000 (14.41%) | — | — |
| Retail Investors | — | 2,26,000 (33.24%) | — | — |
| Market Maker * | 1× | 36,000 (5.29%) | 36,000 (5.29%) | ₹2.52 Cr |
| Total ** | — | 6,80,000 (100.00%) | — | — |
| Metric | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 935.36 | 1309.62 | 220.65 |
| PAT | 41.01 | 75.33 | 9.44 |
| EBITDA | — | — | — |
| Net Worth | 253.13 | 212.12 | 9.56 |
| Total Assets | 808.58 | 782.33 | 100.14 |
| Reserves | 68.77 | 118.55 | 8.56 |
| Borrowings | 301.91 | 323.37 | 47.49 |
Established in 2020, Vruddhi Steel Limited provides mechanical splicing solutions to the real estate, construction and infrastructure industries through the development, design and supply of reinforcement couplers.
The company's offering list includes:
Vruddhi Steel's customers include construction contractors, real estate developers and infrastructure companies. As of March 31, 2023, the company has served around 84 customers in the mechanical splicing vertical and supplied steel products to over 2 customers in the trading sector.
As of June 30, 2023, the company employed over 20 people at its warehouse and head office.