Business Overview
Vinir Engineering is an integrated engineering solutions provider engaged in manufacturing specialised, critical and heavy precision-forged and machined components for diverse industries and applications, including energy, defence, aerospace, railways, hydraulics, earthmoving and high-end engineering. Its components are integral to systems such as armoured vehicles, combat equipment, oil & gas infrastructure, cryogenic systems, aircraft propulsion, gas and power turbines, railway locomotives, nuclear energy equipment, hydraulic assemblies, wind turbine generators and high-pressure boilers, among others.
Vinir Engineering IPO Size
Objects of Issue
The issue is a complete Offer for Sale (OFS). The company will not receive any funds from the issue, entire proceeds will be received by the Selling Shareholder(s).
Vinir Engineering IPO Financial Performance
(Rs. in crores)
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 103.38 | 229.53 | 226.96 | 153.46 |
| Profit after Tax | 20.23 | 29.00 | 26.64 | 14.25 |
| Net Worth | 128.85 | 108.69 | 105.65 | 79.20 |
| Total Borrowing | 1.60 | 13.67 | 8.24 | 6.44 |
| Total Assets | 162.50 | 148.30 | 133.36 | 103.47 |
| NAV per share (in ₹) | 6.06 | 5.11 | 4.09 | 3.06 |
| EPS - Basic (in ₹) | 0.95 | 1.26 | 1.03 | 0.55 |
Key Performance Indicators (KPIs)
EBITDA
20.24%
PAT
12.31%
PAT
26.68%
ROCE
35.21%
Debt to Equity
0.13
All the data pertains to FY 2023-24. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Holding
Promoter
100.00%
Public
0.00%
Management
Registrar & Lead Managers
Registrar
KFin Technologies
Lead Managers (1)
Company Details
Name: Vinir Engineering Limited IPO
Address: No.104, Bommasandra Industrial Area, Bangalore, Karnataka, India 560 099
Number: +91 80 27832313
Email: compliance@vinirforge.org
Website: https://vinirforge.org/
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