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Let’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

Vivaa Tradecom IPOTheir 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

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    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
    Net Issue to the Public Up to 14,84,000 Equity Shares aggregating up to Rs.756.84
    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:

    1. Working capital requirement
    2. General Corporate Purpose,
    3. 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
    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
    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

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    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


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      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 (%)
      Real Estate
      Fixed Deposit
      Mutual Fund

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