Vrundavan Plantation Limited IPO Opens on 30th October, 2023
Mumbai (Maharashtra) [India], October 31: Vrundavan Plantation Limited, distinguished by its unwavering commitment to sustainable practices and environmental conservation has announced its plans to go public with an Initial Public Offering on 30th October, 2023. The company is aiming to raise ₹ 15.29 Crore at the fixed price of ₹ 108 through this IPO, with shares set to be listed on the BSE SME platform.The issue size is Up to 14,16,000 equity shares at face value of ₹ 10 each. Equity Share Allocation● Non-Institutional Investors (NII) – Up To 6,72,000Equity Shares● Retail Individual Investors (RII) – Up To 6,72,000 Equity Shares● Market Maker – 72,000 Equity SharesThe net proceeds from the IPO will be utilized to Repay Working Capital and Unsecured Loans, Meet Work...