Vinir Engineering Ltd. IPO Details
Vinir Engineering Ltd. was incorporated on August 01, 1983. The company is an integrated engineering solutions provider specializing in manufacturing critical, precision-forged, and machined components for industries such as energy, defence, aerospace, and railways. They cater to a wide range of applications, including energy turbines and earthmoving
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 53.3 M | - | - | ₹0 | DRHP DOC |
Vinir Engineering issue details
Vinir Engineering has 53.3 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Vinir Engineering IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Vinir Engineering NUMBER OF SHARES ON OFFER
Vinir Engineering FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY25 | 202.3 | 1,033.8 | 286.2 | 267.8 | 25.4% |
| FY24 | 290.0 | 2,295.3 | 196.5 | 38.2 | 20.2% |
| FY23 | 266.4 | 2,269.6 | 239.0 | 103.3 | 17.2% |
| FY22 | 142.5 | 1,534.6 | 180.0 | 62.0 | 13.1% |
Vinir Engineering INFORMATION ON IPO ISSUE
About Vinir Engineering
Vinir Engineering Ltd. was incorporated on August 01, 1983. The company is an integrated engineering solutions provider specializing in manufacturing critical, precision-forged, and machined components for industries such as energy, defence, aerospace, and railways. They cater to a wide range of applications, including energy turbines and earthmoving
Object of the Issue
- To carry out the offer for sale of up to 53,300,000 equity shares of face value of Rs 2 each by the promoter selling shareholder
- Achieve the benefits of listing equity shares on the stock exchanges
Vinir Engineering - PROMOTERS
| Name |
|---|
| Naresh Chandra Gupta |
| Nitesh Gupta |
| Ritesh Gupta |
Vinir Engineering Book Running Lead Manager
Pantomath Capital Advisors Private Limited
vinir.ipo@pantomathgroup.com
Vinir Engineering Registrar to the Offer
KFIN Technologies Limited
vel.ipo@kfintech.com
Vinir Engineering Strengths
Integrated capabilities
The company offers end-to-end solutions, covering everything from raw material sourcing to precision machining and advanced testing. Their fully integrated in-house capabilities cater to various industries with strict quality and performance requirements
Diverse product portfolio
The company manufactures specialized components for industries such as energy, defence, aerospace, railways, and more. Their products are used in critical applications like armoured vehicles, military hardware, turbines, hydraulic systems, and heavy-duty machinery
Custom precision components
The precision-forged and machined components industry focuses on creating customized parts for critical applications with minimal error tolerance. Customers in sectors like defence, aerospace, and energy require thorough testing, prototyping, and validation before contracts are awarded
Vinir Engineering Risks
Fluctuations in raw material cost
The business relies heavily on steel as its primary raw material, and any delays in delivery, price fluctuations, or quality issues could negatively impact operations and profitability
Risks of power or fuel shortage
The business relies on power and fuel, and any disruption to these sources could increase production costs, negatively impacting financial performance and operations
Import risks
The business may face import duties or restrictions in different regions, and exchange rate fluctuations could negatively impact financial performance and operations
IPO FAQs
The promoters of the company are Naresh Chandra Gupta, Nitesh Gupta and Ritesh Gupta.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.