Vrundavan Plantation Limited

About the company

## **About Vrundavan Plantation Limited** Since its establishment in 1997, Vrundavan Plantation Limited has been on a noble mission to safeguard the environment in an era plagued by deforestation and diminishing green spaces. As your trusted partner in all things green, Vrundavan Plantation Limited offers a comprehensive range of products and services to enrich your living spaces and promote sustainability. Their nursery business segment brings the wonders of nature to your doorstep. Explore a rich selection of plant life, including Big Trees, Shrubs, Ground Covers, Climber, and Indoor Plants. Complement your green companions with a diverse range of pots, from plastic to terracotta, self-watering to hanging, and even premium materials like brass and ceramic. Explore our gardening tools, including plant foods, organic pesticides, potting mixes, and essential nutrients for your plants to thrive. Vrundavan Plantation Limited extends its commitment to nurturing green spaces through its Service Business Segment. Benefit from a suite of services designed to enhance your outdoor areas lawn mowing services, brush and jungle cleaning activities, hedge trimming activity, and watering on road side plants. They also take maintenance contracts for the different organisations which also includes the government departments. In its initial years it was surrounded by services to the local territory of Ahmedabad only. They also got  a chance to serve some of the giant organisations in the different fields. The era has seen a dynamic shift from sustenance production to commercial production. As per the National Horticulture Database published by National Horticulture Board, during 2020-21 the area under floriculture production in India was 322 thousand hectares with the production of 2152 thousand tons of loose flowers and 828 thousand tonnes of cut flowers. Vrundavan Plantation Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives: 1. Repayment of Working capital and unsecured loans 2. Working Capital Requirement 3. General Corporate Purpose,  4. Meeting Public Issue Expenses ## **Here are key details about the Vrundavan Plantation Limited** Company Name| **Vrundavan Plantation Limited Limited**|  | Vrundavan Plantation Limited IPO Opening Date| **30 October,2023** ---|---|---|---|--- Company Incorporated on|**1997**Vrundavan Plantation Limited IPO Issue Size|**₹ 15.29 crore**

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   30 Oct 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   01 Nov 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   01 Nov 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   07 Nov 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   06 Nov 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   06 Nov 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.