IPO

Vivaa Tradecom Limited IPO

BSE SME

Listed On: Oct 12, 2023 at ₹ 40.8

₹ 102000 /2000 Shares

Check Allotment

Vivaa Tradecom Limited IPO Details

27 Sep, 2023

Open Date

04 Oct, 2023

Close Date

09 Oct, 2023

Allotment Date

12 Oct, 2023

Listing Date

Issue Price

₹51 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

40.8

Listing Date

2023-10-12

Market Lot

2000 Shares (₹102,000/-)

Lead Manager

Interactive Financial Services Ltd

Issue Size

1,566,000 shares(aggregating up to ₹7.99 Cr)

Retail Portion

50%

Subscription

1.86 times

IPO Docs

DRHP RHP

Vivaa Tradecom Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved742,000742,0001,484,000
Day 1 - 27-09-23 06:00 PM0.04 x0.24 x0.14 x
Day 2 - 28-09-23 06:00 PM0.07 x0.53 x0.24 x
Day 3 - 29-09-23 05:00 PM0.01 x0.88 x0.47 x
Day 4 - 03-10-23 05:00 PM0.15 x1.61 x0.91 x
Day 5 - 04-10-23 05:00 PM0.87 x2.86 x1.86 x

Vivaa Tradecom Limited Valuations

Earnings Per Share (EPS)

₹11.07/-

P/E Ratio

47.66

RoNW

2.10%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Vivaa Tradecom Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets4,918.809,803.469,430.20
Revenue13,402.8324,728.7014,734.56
Profit After Tax25.4844.39-6.48

About The 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.

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Vivaa Tradecom Limited - Promoter(s)

Pre Issue Share Holding: 50%

Post Issue Share Holding: 30.11%

Company Promoter(s)

Vivaa Tradecom Limited IPO - Issue Objectives

  1. Working capital requirement.
  2. General Corporate Purpose.
  3. 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. The size of Vivaa Tradecom Limited IPO is 1,566,000 shares(aggregating up to ₹7.99 Cr).

Ans. The IPO price band is set between ₹51 per equity share.

Ans. To apply for Vivaa Tradecom Limited IPO 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 allotment status for Vivaa Tradecom Limited IPO here.