Vrundavan Plantation Limited
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Vrundavan Plantation Limited's successfully completed its Initial Public Offering and commenced trading on Nov 06, 2023 at the BSE exchange. The company raised 14,16,000 Shares through this public offering, comprising 14,16,000 Shares in fresh capital.
The IPO was priced within the band of ₹108 to ₹108, with minimum application lots of 1200 shares. The offering attracted significant investor interest during its subscription period from Oct 30, 2023 to Nov 01, 2023.
Share allotment was finalized on Nov 03, 2023, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 1997, Vrundavan Plantation is engaged in the nursery business, offering services in landscape development, horticulture, plantation, landscape maintenance, irrigation works, and related activities. The company’s goal is to protect, restore, and expand green cover across India, contributing to climate change solutions. Vrundavan Plantation aims to manage 10 million hectares of forest and non-forest land to increase India’s forest cover and improve the quality of existing forests, supporting a greener India and a greener planet.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Well-Diversified and Specialized Service Offerings
- Organizational Stability with Strong Management Competence
- Robust and Long-Standing Client Relationships
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- Upendra Tiwari
Vrundavan Plantation Limited
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