Vivaa Tradecom IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Oct 05, 2023Let’s have a detailed review of the company and analytics of the Vivaa Tradecom IPO release date, IPO offer price, subscription, Vivaa Tradecom Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 51 |
| Listing At | BSE, SME |
| Min. Order Quantity | 2000 Shares |
| Listing Date | October 12, 2023 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 799 Lakh |
| IPO Size | Rs 799 Lakh |
| Tick Size | 1 |
Vivaa Tradecom IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Vivaa Tradecom Share Price |
Vivaa Tradecom IPO – Summary
Their Company was originally incorporated as “Anantnath Infracon Private Limited” under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated April 23, 2010, bearing Corporate Identification Number U70101GJ2010PTC060395 issued by the Assistant Registrar of Companies, Gujarat, Dadra and Nagar Havelli.
Subsequently, the name of their company has changed to “Vivaa Tradecom Private Limited” vide Fresh Certificate of Incorporation dated September 06, 2012, bearing Corporate Identification Number U17120GJ2010PTC060395.
The Promoter of this company is Mr Manish Kumar Dabkara. The lead manager of the issue is HEM SECURITIES LIMITED, and the Registrar of this issue is BIG SHARE SERVICES PRIVATE LIMITED.
Vivaa Tradecom IPO Date
The opening and closing dates of Vivaa Tradecom IPO are September 27, 2023 and October 4, 2023 respectively.
Vivaa Tradecom IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 27th Sep | 0.04x | 0.24x | 0.14x |
| 2nd Day – 28th Sep | 0.07x | 0.53x | 0.24x |
| 3rd Day – 29th Sep | 0.01x | 0.88x | 0.47x |
| 4th Day – 3rd Oct | 0.15x | 1.61x | 0.91x |
| 5th Day – 4th Oct | 0.70x | 2.86x | 1.81x |
| Shares Offered or Net Issue | 742,000 | 742,000 | 1,566,000 |
The shares subscribed by the public will be updated here.
Vivaa Tradecom IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Vivaa Tradecom Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | October 9, 2023 |
| Refunds Initiation | October 10, 2023 |
| Credit of Shares to Demat Account | October 11, 2023 |
| Share Listing Date | October 12, 2023 |
Vivaa Tradecom IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.51
Vivaa Tradecom IPO Equity Size
This Initial Public Issue of 1,566,000 Equity Shares of Rs.10 each for cash at a price of Rs.51 per equity share aggregating to Rs.799 Lakh.
Vivaa Tradecom IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 1,566,000 Equity Shares of Rs.10/ each.
Issue Size: 1,566,000 Equity Shares of Rs.10 each, aggregating to Rs.799 Lakh
Open Free Demat Account Now!
Vivaa Tradecom IPO – Live Performance
The listing date of this IPO is October 12, 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Vivaa Tradecom Share Price |
Vivaa Tradecom IPO Grey Market Premium
The Vivaa Tradecom Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
Vivaa Tradecom IPO – Company Overview
Their Company was incorporated in the year 2010 by Viral Mehta and Aesha Mehta. The Company was taken over by the existing promoter in September 2012. Mitesh Adani, the promoter, is an experienced and key management person and the backbone behind the expansion.
Initially, their Company was engaged in the trading of Textile Fabrics and Readymade Garments. In the year 2013, their company acquired the ongoing manufacturing business of Readymade Garments under a Slump Sale Agreement from M/s. Parikh Impex Private Limited along with goodwill, brand name and know-how and the entire assets and liabilities along with their trained labourer.
The Company is engaged in the manufacturing as well as trading of clothes and Garments. They were selling readymade garments to various reputed clients on a Pan India basis.
Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lajja Polyfab Pvt. Ltd., Nandan Denim Limited, Bajaj Impex, Reliance Retailes Limited etc were some of their reputed clients. Denim jeans garments and denim cloths were one of their most traded segment.
Vivaa Tradecom IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | |||
| 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Total Assets | 4,918.80 | 9,803.46 | 9,430.20 |
| *Total Revenue | 13,402.83 | 24,728.70 | 14,734.56 |
| Total Expense | 13,365. 75 | 24,707.52 | 14,736.36 |
| Profit After Tax | 25.48 | 44.39 | (6.48) |
Earnings per Equity Share (in Lakh)
| 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Basic & Diluted | 1.07 | 190.92 | (27.87) |
Further, their PAT for the period ended on March 31, 2023, March 31, 2022, and March 31, 2021, were Rs. 25.48 Lakh, Rs. 44.39 Lakh and Rs. (6.48) Lakh respectively.
Vivaa Tradecom IPO – Promoters
The Promoter of this company is:
List of Related Parties (Key Managerial Personnel)
- Mitesh Adan, Managing Director
- Sangita Jain, Director
- Narayansinh Chauhan, Independent Director
- Jimitkumar Sanghvi, Independent Director
Vivaa Tradecom IPO – Promoters Holding
- Pre-Issue Share Holding – 50%
- Post-Issue Share Holding – 30.11%
Vivaa Tradecom IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 1,566,000 Equity Shares aggregating up to Rs.799 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 82,000 Equity Shares aggregating up to Rs.41.82 Lakh |
| Net Issue to the Public | Up to 14,84,000 Equity Shares aggregating up to Rs.756.84 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 7,42,000 Equity Shares |
| Other than Retail Individual Investors | Not more than 7,42,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 23,71,500 Equity Shares |
| Equity Shares outstanding after the Issue | 39,37,500 Equity Shares |
Vivaa Tradecom IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
- Working capital requirement
- General Corporate Purpose,
- Meeting Public Issue Expenses.
Vivaa Tradecom IPO – Business Strategy
- Focus on expanding Business at regional level
- Continuously holding market trends
- Supply of Quality Products
- Fulfilment of Order in a timely manner
- Adapting to market dynamics
Vivaa Tradecom IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Experienced Promoter
- Quality Service
- High level of customer satisfaction
- Established relations with suppliers
- Existing Client relationship
- Expand Geographical Growth
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-23 | 1.07 | 2.1 | 51.09 |
| 31-Mar-22 | 190.92 | 3.82 | – |
| Mar-21 | (27.87) | (0.58) | – |
Vivaa Tradecom IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Vivaa Tradecom Limited | 10 | 47.66 | 11.07 | 2.10 | 13445.47 |
| Listed Peers | |||||
| Thomas Scott (India) Limited | 10 | 70.93 | 1.14 | 6.13 | 3246.30 |
| Bang Overseas Limited | 10 | 13.98 | 3.29 | 5.15 | 8232.49 |
Vivaa Tradecom IPO Lead Managers
| Lead Managers |
| 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 Registrar to offer
| Registrar to the Offer |
| 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 – Other Details
- Statutory Auditor – M/s. Shreekant S. Shah & Co., Chartered Accountants
- Legal Counsel to the Company – M/s. Mauleen N. Marfatia
- Bankers to the Company – HDFC Bank Ltd.
Vivaa Tradecom IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
Subscribe to Vivaa Tradecom IPO
Vivaa Tradecom Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Vivaa Tradecom IPO Review FAQs
Check out various FAQs related to Vivaa Tradecom IPO:
What is the Issue Size of Vivaa Tradecom IPO?
The Company is making an initial public offer of 1,566,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of the Vivaa Tradecom IPO?
The price band for this particular IPO ranges between Rs 51. As far as the face value of the share is concerned, it is Rs. 10 per share.
What is the Vivaa Tradecom IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on September 27, 2023, while the closing date is set for October 4, 2023.
What is the Vivaa Tradecom IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on October 9, 2023, refund initiation is on October 10, 2023, credit of shares is on October 11, 2023, and share listing date is on October 12, 2023.
What is the Vivaa Tradecom IPO Listing Date?
Shares of this company shall be listed in the exchanges on October 12, 2023. The date, when the listing would be done, is stagnant on October 12, 2023.
Who is the Registrar of Vivaa Tradecom IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. BIGSHARE SERVICES PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Vivaa Tradecom IPO?
Here are the promoters of this IPO – MITESH ADANI. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Vivaa Tradecom IPO?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are also included in this report.
Is Vivaa Tradecom IPO Good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Vivaa Tradecom Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2023 in Lakh is 25.48, 2022 is 44.39, and 2021 is (6.48).
Calculate your return on investment!
Asset Class
ROI (Rs.)
Profit (Rs.)
Profit (%)
IPO
Equity
Savings
Real Estate
Gold
Bonds
Fixed Deposit
Mutual Fund
Featured Topics