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Vinir Engineering Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares 53300000
  • Face Value Rs. 2
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

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.

Promoters

Prmoters Name

1. Naresh Chandra Gupta

2. Nitesh Gupta

3. Ritesh Gupta

Prmoters Holdings
  • Pre Share Capital: 212629380
  • Pre Promoter Holding: 100
  • Offer to Public: 53300000
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • Pantomath Capital Advisors Pvt Ltd.

Subscription Details