Vivaa Tradecom Limited is engaged in the trading of Textile Fabrics and Readymade Garments.
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.
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.
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 Decor 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 IPO – Details
| IPO Opening Date | 27 September 2023 |
| IPO Closing Date | 04 October 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 15,66,000 Shares Worth ₹7.99 Crore Fresh Issue: 15,66,000 Shares Worth ₹7.99 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹51 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Vivaa Tradecom IPO – Date Schedule
| IPO Open Date | 27 September 2023 |
| IPO Close Date | 04 October 2023 |
| Basis of Allotment | 09 October 2023 |
| Initiation of Refund | 10 October 2023 |
| Credit of Shares to Demat Account | 11 October 2023 |
| IPO Listing Date | 12 October 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Oct 04, 2023 |
Vivaa Tradecom IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2000 | 1,02,000 |
| Retail (Maximum) | 1 | 2000 | 1,02,000 |
| HNI (Minimum) | 2 | 4000 | 2,04,000 |
Competitive Strengths
- Experienced Promoter.
- Quality Service.
- High level of customer satisfaction.
- Established relations with suppliers.
- Existing Client relationship.
- Expand Geographical Growth.
Company Promoters
- Mitesh Adani
Object Of The Issue
- Long term Working capital requirement.
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2020 | 147.34 | 147.36 | -0.06 | 13.55 |
| 31 March 2021 | 247.29 | 247.08 | 0.44 | 11.13 |
| 31 March 2022 | 134.03 | 133.66 | 0.25 | 4.57 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 47.66 |
| Market Cap | 20.08 Crore |
| Debt/Equity | 0.38 |
| EPS (Rs) | 11.07 |
| RoNW | 2.10 |
Vivaa Tradecom IPO Promoter Holding
| Pre Issue Share Holding | 50.00% |
| Post Issue Share Holding | 30.11% |
Vivaa Tradecom IPO Prospectus
Company Contact Information
| 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 Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Vivaa Tradecom IPO Lead Manager(s)
| 1. Interactive Financial Services Ltd |
Vivaa Tradecom IPO FAQs
| What is Vivaa Tradecom IPO? Vivaa Tradecom IPO is a SME IPO. The issue is priced at ₹51 per equity share. The IPO is to be listed on BSE SME. |
| When Vivaa Tradecom IPO will open? The IPO is to open on 27 September 2023 for Other – 50% and Retail – 50% Investors. |
| How to Vivaa Tradecom IPO? You can apply Vivaa Tradecom 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 Vivaa Tradecom IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Vivaa Tradecom”. 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 Vivaa Tradecom IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Vivaa Tradecom”. 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 Vivaa Tradecom IPO Size? Vivaa Tradecom IPO size is ₹7.99 crores. |
| What is Vivaa Tradecom IPO Price Band? Vivaa Tradecom IPO Price Band is ₹51. |
| What is Vivaa Tradecom IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,02,000 amount while the maximum bid is 2000 shares with ₹1,02,000. |
| What is the Vivaa Tradecom IPO Allotment Date? Vivaa Tradecom IPO allotment date is 09 October 2023. |
| What is the Vivaa Tradecom IPO Listing Date? Vivaa Tradecom IPO listing date is 12 October 2023. The IPO is to list on BSE SME. |
