Vinir Engineering Limited IPO
Vinir Engineering Limited IPO
Mainboard NSE & BSE 100% Book Built Offer

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

Offer For Sale
Rs. TBA Cr (5.33 Cr Shares)

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)

Financial Performance Metrics for Vinir Engineering IPO
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%

Nitesh Gupta 84.00%
Ritesh Gupta 10.00%
Naresh Gupta 6.00%

Management

Naresh Gupta
Chairman
Nitesh Gupta
MD
Narasimha Kerur
CFO

Registrar & Lead Managers

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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