Vetrivel Explosives Ltd.
SMENSETBA
TBA
1 Shares
TBA
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 23,209.77 | 29,015.68 | |
| 26.7 | 199.96 | |
| 23,236.47 | 29,215.64 | |
| 19,293.3 | 26,125.09 | |
| 1,983.51 | 1,349.07 | |
| 1,463.17 | 996.84 |
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by | 437.437 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
100.00%
Promoter stake
Offered to Public
61,00,000
shares
IPO Registrar
Integrated Registry Management Services Pvt Ltd.
About the Company
Our Company, Vetrivel Explosives Limited, is an integrated manufacturer of industrial explosives, explosive accessories and blasting systems with an operating history of over 25 years since our incorporation in 1999. We cater to the requirements of the mining, quarrying, infrastructure, construction, tunnelling, oil exploration, and water development sectors. We operate a licensed manufacturing facility admeasuring 7.92 acres at Thalugai Majara, T. Murungapatty Village, Thuraiyur Taluk, Tiruchirappalli District, Tamil Nadu, where we manufacture emulsion and slurry explosives, detonating cord and Pentaerythritol Tetranitrate (PETN), and have the licensed capacity to manufacture bulk explosives. Our manufacturing operations are supported by our licensed magazines for the storage of explosives and our own fleet of transport vehicles for their distribution.
Use of Proceeds
1. Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our Company and; 2. To meet General corporate purposes
Vetrivel Explosives Ltd. Latest News
News
No news found for Vetrivel Explosives Ltd..
IPO FAQs
The for the Vetrivel Explosives Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.
Integrated Registry Management Services Pvt Ltd. is the for the Vetrivel Explosives Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Vetrivel Explosives Ltd. IPO shares are proposed to be listed on NSE.
Each Vetrivel Explosives Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 100.00% of Vetrivel Explosives Ltd. before the IPO.
61,00,000 shares of Vetrivel Explosives Ltd. are being offered to the public in this issue.
- 1.Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our Company and
- 2.To meet General corporate purposes
GYR Capital Advisors Pvt Ltd. is the book running lead manager for the Vetrivel Explosives Ltd. IPO.
Pre-apply means placing your Vetrivel Explosives Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Vetrivel Explosives Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Vetrivel Explosives Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.