Vivaa Tradecom Limited IPO
BSE SMEListed On: Oct 12, 2023 at ₹ 40.8
₹ 204000 /4000 Shares
*Min Investment
27 Sep, 2023
Open Date04 Oct, 2023
Close Date09 Oct, 2023
Allotment Date12 Oct, 2023
Listing DateVivaa Tradecom Limited IPO Issue Details
- Issue Price ₹51 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,566,000 shares(aggregating up to ₹7.99 Cr)
- Listing at BSE SME
- List Price 40.8
- Listing Date 2023-10-12
- Lead Manager Interactive Financial Services Ltd
- Registrar Bigshare Services Pvt Ltd
Vivaa Tradecom Limited IPO Details
- Retail Portion 50%
Vivaa Tradecom Limited IPO Details
Vivaa Tradecom Limited IPO is an SME IPO, priced at ₹51 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Sep 27, 2023 to Oct 4, 2023. The allotment is expected to be finalized on Oct 9, 2023, and the tentative listing date is Oct 12, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Vivaa Tradecom Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 742,000 | 742,000 | 1,484,000 |
Day 1 27-09-23 06:00 PM | 0.04 x | 0.24 x | 0.14 x |
Day 2 28-09-23 06:00 PM | 0.07 x | 0.53 x | 0.24 x |
Day 3 29-09-23 05:00 PM | 0.01 x | 0.88 x | 0.47 x |
Day 4 03-10-23 05:00 PM | 0.15 x | 1.61 x | 0.91 x |
Day 5 04-10-23 05:00 PM | 0.87 x | 2.86 x | 1.86 x |
Vivaa Tradecom Limited Valuations
Vivaa Tradecom Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 4,918.80 | 9,803.46 | 9,430.20 |
| Revenue | 13,402.83 | 24,728.70 | 14,734.56 |
| Profit After Tax | 25.48 | 44.39 | -6.48 |
About Vivaa Tradecom Limited Company
ivaa Tradecom Limited is engaged in the manufacturing as well as trading of clothes and garments.
The company's product list includes Denim Fabric, readymade garments such as Denim/Cotton Jeans for Men, Denim/Cotton Jeans for Women, and also undertake the Cotton Printing Job work and trade in Printed Cotton Fabric.
In the year 2013, the company acquired the ongoing manufacturing business of Readymade Garments under the Slump Sale Agreement from M/s. Parikh Impex Private Limited. The company carried on manufacturing activity and trading activity from 2013 to 2022. In 2022, the company sold the manufacturing unit to Globe Textiles (India) Ltd and from April 2022 the company was involved in trading activity only.
Along with trading in the garment industry, the company has decided to expand the business by entering into the trading of other segments as well. In March 2023, Vivaa entered into an agreement with Rushil Décor Limited for distributing VIR MDF Boards of various thicknesses and Prelam MDF Boards, which are used in the furniture industry, in Karnataka, Kerala, Delhi, Punjab, Haryana, Uttar Pradesh, Chandigarh, Himachal Pradesh, Jammu & Kashmir, Rajasthan, and Uttarakhand states of India.
Vivaa Tradecom's clientele includes Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lajja Polyfab Pvt. Ltd., Nandan Denim Limited, Bajaj Impex, Reliance Retail Limited, and so on.
Vivaa Tradecom Limited - Promoter(s)
Pre Issue Share Holding : 50%
Post Issue Share Holding : 30.11%
Vivaa Tradecom Limited IPO - Issue Objectives
Working capital requirement.
General Corporate Purpose.
Meeting Public Issue Expenses.
Vivaa Tradecom Limited IPO - FAQs
Ans. Vivaa Tradecom Limited IPO is a SME IPO. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 27, 2023, and closes on Oct 4, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Vivaa Tradecom Limited IPO opens on Sep 27, 2023 and closes on Oct 4, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Vivaa Tradecom Limited IPO is 1,566,000 shares(aggregating up to ₹7.99 Cr).
Ans. The Vivaa Tradecom Limited IPO price band is set between ₹51 per equity share.
Ans. To apply for Vivaa Tradecom Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Vivaa Tradecom Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Vivaa Tradecom Limited IPO is Oct 9, 2023.
Ans. The Vivaa Tradecom Limited IPO will be listed on Oct 12, 2023.
Ans. Follow the steps to check the Vivaa Tradecom Limited IPO allotment status online.
