Vinir Engineering Ltd.
BSETBA
TBA
1 Shares
TBA
₹2
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 1,899.62 | 2,295.27 | |
| 28.71 | 59.99 | |
| 1,928.33 | 2,355.26 | |
| 1,533.09 | 1,830.7 | |
| 335.65 | 468.88 | |
| 246.61 | 289.95 |
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
About the Company
We are an integrated engineering solutions company engaged in the manufacturing of specialised, critical and heavy, precision-forged and machined components for a wide range of industries and applications, including energy, defence, aerospace, railways, energy turbines, hydraulics, earthmoving, high-end engineering, amongst others (source: F&S Report). Our components play a vital role in various systems and applications, such as armored vehicles, armaments and ammunition, combat equipment, military hardware, upstream and downstream oil & gas systems, cryogenics systems, aircraft propulsion systems, power turbines, gas turbines, railway locomotives and braking systems, nuclear energy infrastructure equipment, heavy duty excavation machinery, spaceframes, hydraulic components, wind turbine generators & high-pressure boilers, amongst others. (source: F&S Report). We supply customized, higher value heavy duty components to customers as per their specifications and so, our volumes are relatively lower. Besides various ISO certifications like ISO 9001:2008, ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO/IEC 17025:2017, ISO 50001:2018, we have also obtained application specific specialized certifications from American Petroleum Institute and American Bureau of Shipping, which are a pre-requisite to supply of our components for aerospace and marine applications respectively. During Fiscal 2024, we supplied components to over 60 customers in India and internationally.
Use of Proceeds
1.Funding capital expenditure requirement for purchase of advanced forging and machining plant and machinery 2.Funding the Working Capital Requirement of the Company 3.Funding inorganic growth through unidentified acquisitions and General Corporate Purposes.
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IPO FAQs
The for the Vinir Engineering 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.
Vinir Engineering Ltd. IPO shares are proposed to be listed on BSE.
Each Vinir Engineering Ltd. share has a of ₹2.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
- 1.Funding capital expenditure requirement for purchase of advanced forging and machining plant and machinery
- 2.Funding the Working Capital Requirement of the Company
- 3.Funding inorganic growth through unidentified acquisitions and General Corporate Purposes
Pre-apply means placing your Vinir Engineering 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 Vinir Engineering 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 Vinir Engineering 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.