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.
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).
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 |
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.
Shareholding
Promoter
100.00%
Public
0.00%
Management
Frequently Asked Questions
What is Vinir Engineering IPO?
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How to check allotment status of Vinir Engineering IPO?
How to apply Vinir Engineering IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Vinir Engineering IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Vinir Engineering IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Vinir Engineering IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date