Vivaa Tradecom IPO Details ( Vivaa Tradecom Limited IPO Review )
(27 Sep 2023 – 4 Oct 2023)
Vivaa Tradecom Limited was founded in 2010. They are in the business of making and selling clothes.
They have a range of products including denim fabric and ready-made clothes like jeans for men and women. They also do cotton printing jobs and trade in printed cotton fabric.
In 2013, they bought the ongoing garment manufacturing business from M/s. Parikh Impex Private Limited. They continued making and selling clothes from 2013 to 2022. In 2022, they sold their manufacturing unit to Globe Textiles (India) Ltd and since April 2022, they have been focused on trading only.
In addition to their garment trading, they have decided to expand into other areas. In March 2023, they signed an agreement with Rushil Décor Limited to distribute VIR MDF Boards and Prelam MDF Boards used in furniture making. They will distribute these boards in several states of India, including Karnataka, Kerala, Delhi, Punjab, Haryana, Uttar Pradesh, Chandigarh, Himachal Pradesh, Jammu & Kashmir, Rajasthan, and Uttarakhand.
Some of Vivaa Tradecom’s customers include Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lajja Polyfab Pvt. Ltd., Nandan Denim Limited, Bajaj Impex, Reliance Retail Limited, and more.
Vivaa Tradecom Limited IPO Competitive Strength
- Experienced Promoter
- Quality Service
- High level of customer satisfaction
- Established relations with suppliers
- Existing client relationship
- Expand geographical reach
Vivaa Tradecom IPO Financials Performance ( Results )
Vivaa Tradecom Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 9,430.20 | 14,734.56 | -6.48 | -0.28 | 1,118.58 | 1,116.26 | 1,354.91 | |
| 31-Mar-22 | 9,803.46 | 24,728.70 | 44.39 | 1.89 | 1,162.97 | 49.53 | 1,160.65 | 1,113.05 |
| 31-Mar-23 | 4,918.80 | 13,402.83 | 25.48 | 1.07 | 1,211.70 | 51.09 | 974.55 | 457.36 |
Objective of Vivaa Tradecom IPO Issue
- Working capital requirement
- General Corporate Purpose
- Meeting Public Issue Expenses
Vivaa Tradecom IPO Basic Details
| IPO Date | Oct 27, 2023 to Oct 4, 2023 |
| Listing Date | Thursday, October 12, 2023 |
| Face Value | ₹10 per share |
| Price | ₹51 per share |
| Lot Size | 2000 Shares |
| Issue Size | 1,566,000 shares of ₹10 (aggregating up to ₹7.99 Cr) |
| Fresh Issue | 1,566,000 shares of ₹10 (aggregating up to ₹7.99 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,371,500 |
| Share holding post issue | 3,937,500 |
| Company Promoters | Mr. Mitesh Adani |
Vivaa Tradecom IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Vivaa Tradecom IPO Timetable
Vivaa Tradecom IPO will open on September 27, 2023 and close on October 4, 2023. You can join Vivaa Tradecom IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 27 September 2023 (Wednesday) |
| Closing Date | 4 October 2023 (Wednesday) |
| Basis of Allotment | 9 October 2023 (Monday) |
| Initiation of Refunds | 10 October 2023 (Tuesday) |
| Credit of Shares to Demat | 11 October 2023 (Wednesday) |
| Listing Date | 12 October 2023 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 4 October 2023 |
Vivaa Tradecom IPO Lot Size
For retail investors in Vivaa Tradecom IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹102,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹102,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹102,000 |
| Retail (Max) | 1 | 2000 | ₹102,000 |
| S-HNI (Min) | 2 | 4000 | ₹204,000 |
Vivaa Tradecom IPO Promoter Holding
The company’s promoters include Mr. Mitesh Adani.
| Pre Issue Share Holding | 50.00% |
| Post Issue Share Holding | 30.11% |
Vivaa Tradecom Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 20.08 |
| Earning Per Share (EPS) | ₹1.07 per Equity Share |
| Net Asset Value (NAV) | ₹51.09 per Equity Share |
| P/E Ratio (P/E) (x) | 47.66 |
| Post P/E Ratio (P/E) (x) | 78.46 |
| Return on Net Worth (RoNW) (%) | 2.10 |
| Return on equity (ROE) (%) | Coming Soon |
| Return on Capital Employed (ROCE) (%) | Coming Soon |
| Debt/Equity Ratio | 0.38 |
Vivaa Tradecom Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Vivaa Tradecom Limited | Consolidated | 51 | 10 | 11.07 | 47.66 | 2.10 | 51.09 |
| Peer Group | |||||||
| Thomas Scott (India) Limited | Consolidated | 80.85 | 10 | 1.14 | 70.93 | 6.13 | 18.59 |
| Bang Overseas Limited | Consolidated | 46 | 10 | 3.29 | 13.98 | 5.15 | 63.86 |
Vivaa Tradecom IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 29 September 2023 | ₹0 | – | – |
| 28 September 2023 | ₹0 | – | – |
Vivaa Tradecom IPO Detail Video:
Video is Not Available
Vivaa Tradecom IPO Subscription Status (Bidding Detail)
The Vivaa Tradecom IPO on October 4, 2023 at 7:30:00 PM was subscribed 1.81 times, with the retail category being subscribed 2.86 times, the other category being subscribed 0.70 times.
| Category | Subscription |
| Other | 0.70x |
| Retail | 2.86x |
| Total | 1.81x |
Vivaa Tradecom IPO Prospectus
| Vivaa Tradecom IPO DRHP | Download |
| Vivaa Tradecom IPO RHP | Download |
| Vivaa Tradecom IPO Anchor Investors Details PDF | Download |
Vivaa Tradecom IPO Rating
| Our Rating | 2.0/5.0 |
Vivaa Tradecom Company Contact Information
Vivaa Tradecom Limited
Registered office: 17, Pirana Piplej Road, Saijpur (Gopalpur), Piplej, Ahmedabad – 382405
Tel No.: +91 9924822188
Website: www.vivaatrade.com
E-Mail: account@vivaatrade.com
Contact Person: Aditi Garg, Company Secretary and Compliance Officer
Promoter of the Company: Mitesh Adani
Vivaa Tradecom IPO Registrar
Bigshare Services Private Limited
Address: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next
to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400093
Tel No: +91 22-62638200
Fax No: +91 22-62638299
Website: www.bigshareonline.com
E-Mail: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Aniket Chindarkar
SEBI Reg. No.: INR000001385
Vivaa Tradecom IPO Lead Manager
Interactive Financial Services Limited
Address: 612, 6th Floor, Shree Balaji Heights, Kokilaben Vyas
Marg, Ellisbridge, Ahmedabad – 380 009, Gujarat, India
Tel No.: 079 46019796, (M) +91-9898055647
Web Site : www.ifinservices.in
Email : mbd@ifinservices.in
Investor Grievance Email: info@ifinservices.in
Contact Person: Pradip Sandhir
SEBI Reg. No.: INM000012856
Vivaa Tradecom IPO FAQs
What is the lot size of Vivaa Tradecom IPO?
The total size of Vivaa Tradecom IPO is ₹7.99 crores and this is a complete fresh Issue.
When will Vivaa Tradecom IPO start?
Vivaa Tradecom IPO will open from 27 September 2023 and IPO will close on 4 October 2023.
What is the open date of Vivaa Tradecom IPO?
Vivaa Tradecom IPO will open date from 27 September 2023.
What is the last date ( close date ) of Vivaa Tradecom IPO?
Vivaa Tradecom IPO will close from 4 October 2023.
What is the price band of Vivaa Tradecom IPO?
Vivaa Tradecom IPO price band is ₹51.
What is the minimum amount required to apply for Vivaa Tradecom IPO?
The minimum investment for retailers to apply for Vivaa Tradecom IPO is ₹102,000 and the maximum investment is ₹102,000.
What is going on gray market premium of Vivaa Tradecom IPO?
View gray market premium of Vivaa Tradecom IPO by Clicking Here
How much is the GMP of Vivaa Tradecom IPO?
Watch Vivaa Tradecom IPO GMP Today: Click Here
What is the allotment date of Vivaa Tradecom IPO?
The allotment date of Vivaa Tradecom IPO is 9 October 2023.
How to check allotment status in Vivaa Tradecom IPO?
To check the allotment status of Vivaa Tradecom IPO, first of all go to the registrar website by clicking here, select your bad Vivaa Tradecom IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Vivaa Tradecom IPO?
The listing date of Vivaa Tradecom IPO is 12 October 2023.
How much will be the listing gain in Vivaa Tradecom IPO?
View listing gain of Vivaa Tradecom IPO by Clicking Here
How much time Vivaa Tradecom IPO is subscribed?
Total 1.81 times subscribed in Vivaa Tradecom IPO out of which 2.86 times subscription was done in retail quota, 0.70 times subscription in other quota.
How to apply for Vivaa Tradecom IPO from Upstox?
Click Here to see how to apply for Vivaa Tradecom IPO from Upstox. (step by step)
How to apply for Vivaa Tradecom IPO from Zerodha?
Click Here to see how to apply for Vivaa Tradecom IPO from Zerodha. (step by step)
