Vinyas Innovative Technologies Limited is provider of design, engineering, and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in Electronic Industry.
The company offers Build to Print (B2P) and Build to Specification (B2S) services to the clients.
- Build to Print (B2P) services involve the client providing the design for the product for which the company provides agile and flexible manufacturing services.
- Build to Specification (B2S) services involve utilizing the company’s own design capabilities to design the relevant product based on the specifications provided by the client and manufacturing the product.
Vinyas’ solutions primarily comprise: (i) printed circuit board (PCB) assembly (PCBA), and (ii) box builds which are used in safety-critical systems such as cockpits, inflight systems, landing systems, and medical diagnostic equipment.
The Company is the preferred partner for Global OEMs and ODMs by offering end-to-end solutions ranging from Design for Manufacturability, Supply Chain Management, PCB assembly, advanced test solutions, Product Integration, and after-market support.
Vinyas Innovative Technologies IPO – Details
| IPO Opening Date | 27 September 2023 |
| IPO Closing Date | 03 October 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 33,12,800 Shares Worth ₹54.66 Crore Fresh Issue: 33,12,800 Shares Worth ₹54.66 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹162 – ₹165 |
| Market Lot | 800 Shares |
| Min Order | 800 Shares |
| Listing At | NSE SME |
| Register | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Vinyas Innovative Technologies IPO – Date Schedule
| IPO Open Date | 27 September 2023 |
| IPO Close Date | 03 October 2023 |
| Basis of Allotment | 06 October 2023 |
| Initiation of Refund | 09 October 2023 |
| Credit of Shares to Demat Account | 10 October 2023 |
| IPO Listing Date | 11 October 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Oct 03, 2023 |
Vinyas Innovative Technologies IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 800 | 1,32,000 |
| Retail (Maximum) | 1 | 800 | 1,32,000 |
| HNI (Minimum) | 2 | 1600 | 2,64,000 |
Competitive Strengths
- Indigenous integrated and strategic defence and aerospace electronics solutions provider which is well positioned to benefit from the Make in India opportunity.
- Innovation focussed business model.
- Consistent track record of profitable growth due to a scalable business model.
- Established and proven track record.
- Leveraging the experience of the Promoter.
- Experienced management team and motivated employees.
- Cordial relations with our customers.
Company Promoters
- Mr. Narendra Narayanan
- Mrs. Meera Narendra
- Mr. Narendra Sumukh
Object Of The Issue
- Working Capital Requirements.
- General corporate purposes.
- Issue Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 207.80 | 206.08 | 1.23 | 93.66 |
| 31 March 2022 | 212.16 | 209.65 | 1.01 | 95.43 |
| 31 March 2023 | 238.85 | 228.76 | 7.34 | 85.71 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 8.4 |
| Market Cap | 207.65 Crore |
| ROE | 16.13 |
| ROCE | 35.20 |
| Debt/Equity | 1.88 |
| EPS (Rs) | 19.62 |
| RoNW | 16.13 |
Vinyas Innovative Technologies IPO Promoter Holding
| Pre Issue Share Holding | 39.87% |
| Post Issue Share Holding | 29.37% |
Vinyas Innovative Technologies IPO Prospectus
- Vinyas Innovative Technologies IPO DRHP
- Vinyas Innovative Technologies IPO RHP
Company Contact Information
| Vinyas Innovative Technologies Limited Plot No. 19, Survey No. 26 & 273-P, 3 rd Phase, Koorgalli Industrial Area, Ilawala Hobali, Mysore – 570018 Phone: +91 821 2404444 Email: secretarial@vinyasit.com Website: https://www.vinyasit.com/ |
Vinyas Innovative Technologies IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Vinyas Innovative Technologies IPO Lead Manager(s)
| 1. Sarthi Capital Advisors Private Limited |
Vinyas Innovative Technologies IPO FAQs
| What is Vinyas Innovative Technologies IPO? Vinyas Innovative Technologies IPO is a SME IPO. The issue is priced at ₹162 – ₹165 per equity share. The IPO is to be listed on NSE SME. |
| When Vinyas Innovative Technologies IPO will open? The IPO is to open on 27 September 2023 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Vinyas Innovative Technologies IPO? You can apply Vinyas Innovative Technologies IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Vinyas Innovative Technologies IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Vinyas Innovative Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Vinyas Innovative Technologies IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Vinyas Innovative Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Vinyas Innovative Technologies IPO Size? Vinyas Innovative Technologies IPO size is ₹54.66 crores. |
| What is Vinyas Innovative Technologies IPO Price Band? Vinyas Innovative Technologies IPO Price Band is ₹162 – ₹165. |
| What is Vinyas Innovative Technologies IPO Minimum and Maximum Lot Size? The minimum bid is 800 Shares with ₹1,32,000 amount while the maximum bid is 800 shares with ₹1,32,000. |
| What is the Vinyas Innovative Technologies IPO Allotment Date? Vinyas Innovative Technologies IPO allotment date is 06 October 2023. |
| What is the Vinyas Innovative Technologies IPO Listing Date? Vinyas Innovative Technologies IPO listing date is 11 October 2023. The IPO is to list on NSE SME. |
