Vivaa Tradecom IPO Details: The scheduled date for Vivaa Tradecom IPO has been confirmed. The IPO is set to enter the market on September 29th and conclude on October 4th. The company aims to gather approximately ₹7.99 crores through this IPO. This sum includes a fresh issue of ₹7.99 crores via 1566000 shares, each valued at ₹10. The retail quota is 50% and HNI is 50%.
What is Vivaa Tradecom IPO?
Vivaa Tradecom is a leading manufacturer and exporter of a wide range of consumer goods, including plastic household products, kitchenware, and stationery items. The company has a strong presence in the domestic market and exports its products to over 20 countries.
Vivaa Tradecom is planning to raise ₹7.99 crores through its IPO, which is open from September 27 to October 4, 2023. The IPO price band is fixed at ₹51 per share. The minimum lot size for an application is 300 shares.
The company plans to use the proceeds of the IPO to fund its expansion plans, including setting up a new manufacturing unit and increasing its working capital.
Objectives of Vivaa Tradecom IPO
The objectives of the Vivaa Tradecom IPO are as follows:
- To fund the company’s expansion plans, including setting up a new manufacturing unit for plastic household products, kitchenware, and stationery items.
- To increase the company’s working capital to meet the growing demand for its products.
Vivaa Tradecom IPO Date & Price Band Details
| IPO Open: | September 27, 2023 |
| IPO Close: | October 4, 2023 |
| IPO Size: | Approx ₹7.99 Crores, 1,566,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹51 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Vivaa Tradecom IPO Market Lot
The Vivaa Tradecom IPO minimum market lot is 2000 shares with a ₹102,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹102,000 |
| Retail Maximum | 1 | 2000 | ₹102,000 |
| S-HNI Minimum | 2 | 4000 | ₹204,000 |
Vivaa Tradecom IPO Dates
The Vivaa Tradecom IPO date is September 27 and the IPO close date is October 4. The IPO allotment date is October 9 and the IPO might list on October 12.
| IPO Open Date: | September 27, 2023 |
| IPO Close Date: | October 4, 2023 |
| Basis of Allotment: | October 9, 2023 |
| Refunds: | October 10, 2023 |
| Credit to Demat Account: | October 11, 2023 |
| IPO Listing Date: | October 12, 2023 |
You can check this IPO calendar to have latest update on your mobile. Add this calendar to your mobile and get daily updates on the current and upcoming IPO.
Vivaa Tradecom IPO Subscription Status
For the latest update on the Vivaa Tradecom IPO, you can check this dedicated page for IPO subscription status.
Vivaa Tradecom IPO Allotment Status
For the latest update on the Vivaa Tradecom IPO, you can check this dedicated page for IPO allotment status.
Vivaa Tradecom IPO Forms
For IPO form for the Vivaa Tradecom IPO, you can check this dedicated page for IPO Forms.
Vivaa Tradecom Company Financials
According to the Vivaa Tradecom IPO prospectus, the company’s financials for the past three years are as follows:
| Financial Year | Revenue (₹ crores) | Profit After Tax (₹ crores) |
|---|---|---|
| 2022-23 | 23.85 | 1.57 |
| 2021-22 | 21.21 | 1.08 |
| 2020-21 | 20.78 | 1.23 |
Vivaa Tradecom is a leading manufacturer and exporter of a wide range of consumer goods, including plastic household products, kitchenware, and stationery items. The company has a strong presence in the domestic market and exports its products to over 20 countries.
Vivaa Tradecom is planning to raise ₹7.99 crores through its IPO, which is open from September 27 to October 4, 2023. The IPO price band is fixed at ₹51 per share. The minimum lot size for an application is 300 shares.
The company plans to use the proceeds of the IPO to fund its expansion plans, including setting up a new manufacturing unit and increasing its working capital.
Objectives of Vivaa Tradecom IPO
The objectives of the Vivaa Tradecom IPO are as follows:
- To fund the company’s expansion plans, including setting up a new manufacturing unit for plastic household products, kitchenware, and stationery items.
- To increase the company’s working capital to meet the growing demand for its products.
Vivaa Tradecom Company Financials
According to the Vivaa Tradecom IPO prospectus, the company’s financials for the past three years are as follows:
| Financial Year | Revenue (₹ crores) | Profit After Tax (₹ crores) |
|---|---|---|
| 2022-23 | 23.85 | 1.57 |
| 2021-22 | 21.21 | 1.08 |
| 2020-21 | 20.78 | 1.23 |
As you can see, the company’s revenue has grown steadily over the past three years, while its profit has fluctuated. This is because the company has been investing heavily in its growth, which has led to higher expenses in the short term.
However, the company’s financials are still positive overall. The company has a healthy balance sheet with a debt-to-equity ratio of 0.89, which is below the industry average. This suggests that the company is not excessively leveraged and has the financial capacity to support its growth plans.
Overall, the Vivaa Tradecom Company financials are positive and suggest that the company is a good investment opportunity. However, investors should be aware of the risks associated with investing in a small company, such as limited market share and competitive landscape.
Vivaa Tradecom IPO Pros & Cons
Pros:
- Growing company with a strong track record
- Experienced management team
- Well-positioned to benefit from the growing demand for consumer goods in India and abroad
- Reasonable valuation
Cons:
- Small company with limited market share
- Competitive landscape
- IPO proceeds may not be sufficient to fund all of the company’s growth plans
Company Promoters
- Mr. Mitesh Adani
Vivaa Tradecom IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Company Address
Vivaa Tradecom Limited
17, Pirana Piplej Road,
Saijpur (Gopalpur),
Piplej, Ahmedabad – 382405
Phone: +91 99248 22188
Email: account@vivaatrade.com
Website: https://www.vivaatrade.com/
Vivaa Tradecom IPO FAQs
The IPO is set to enter the market on September 29th and conclude on October 4th. The company aims to gather approximately ₹7.99 crores through this IPO. This sum includes a fresh issue of ₹7.99 crores via 1566000 shares, each valued at ₹10.
The IPO will open on 29th September 2023.
The retail quota is 50% and HNI is 50%.
There are two ways to apply for the Vivaa Tradecom IPO:
1. Through your bank
Most banks in India offer ASBA (Application Supported by Blocked Amount) facility, which allows you to apply for IPOs online using your bank account. To apply for the Vivaa Tradecom IPO through your bank, follow these steps:
Log in to your net banking account.
Go to the ‘ASBA’ section.
Select the ‘Vivaa Tradecom IPO’ from the list of available IPOs.
Enter the number of shares you want to apply for and the price you are willing to pay.
Block the required amount in your bank account.
Submit the application.
2. Through your broker
If you have a demat account with a stockbroker, you can also apply for the Vivaa Tradecom IPO through your broker. To do this, you will need to fill out an IPO application form and submit it to your broker. Your broker will then submit the application to the stock exchange on your behalf.
Note: The minimum lot size for the Vivaa Tradecom IPO is 300 shares. This means that you must apply for at least 300 shares. The price of each share is between ₹51 and ₹53.
Here are some additional tips for applying for IPOs:
Apply for IPOs as early as possible. IPOs are often oversubscribed, which means that there are more applications than shares available. If you apply early, you are more likely to get an allotment of shares.
Be sure to block the required amount in your bank account before applying for the IPO. If you do not have enough funds in your account, your application will be rejected.
Check the IPO status regularly. The IPO status will tell you whether your application has been accepted, rejected, or partially allotted.
Vivaa Tradecom IPO size is ₹7.99 crores.
Vivaa Tradecom IPO Price Band is ₹51 per equity share.
Vivaa Tradecom IPO allotment date is October 9, 2023.
Vivaa Tradecom IPO listing date is October 12, 2023. The IPO to list on BSE SME.