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Open
28 Sep to 3 Oct, 2018
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Close
28 Sep to 3 Oct, 2018
3
Allotment
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Listing
Thu, Oct 11, 2018
Price Band
₹40 per share
Issue Size
25,92,000 shares (agg. up to ₹10 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Oct 11, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.53x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 64.20 | 49.05 | 44.34 |
| Total Income | 130.54 | 98.34 | 99.30 |
| Profit After Tax | 3.08 | 1.70 | 1.11 |
| EBITDA | 8.17 | 5.60 | 4.15 |
| NET Worth | 16.17 | 13.09 | 11.39 |
| Reserves and Surplus | 9.57 | 6.49 | 8.09 |
| Total Borrowing | 18.74 | 13.77 | 14.05 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mittal Life Style Ltd. | SME | ₹4.41 Cr | ₹21 | null | ₹21.00 | +0.00% | ₹0.93 (+0.00%) |
| Active Clothing Co.Ltd. | SME | ₹26.56 Cr | ₹65 | null | ₹65.65 | +1.00% | ₹116.80 (-1.48%) |
| Lorenzini Apparels Ltd. | SME | ₹4.47 Cr | ₹10 | null | ₹9.25 | -7.50% | ₹8.54 (-3.95%) |
| TCNS Clothing Co.Ltd. | Mainboard | ₹1,125.13 Cr | ₹716 | null | ₹659.15 | -7.94% | ₹583.95 (+2.14%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the company | 8.00 |
| 2 | General Corporate Purpose | 1.87 |
About Vinny Overseas IPO
Incorporated in 1992, Ahmedabad based Vinny Overseas Limited is a company engaged in the business of processing of clothing fabrics. It procures Grey Fabric from the market and dyes the same as per the client's requirements. It is also engaged in Job-Work for wholesale cloth merchants and trades in grey cloth.Vinny Overseas caters to both domestic and international clients and has been recognized as a "One Star Export House" by Director General of Foreign Trade, Ministry of Commerce and Industry.In 2018, the company exported its products to 5 countries including UAE,Iraq, Bahrain, Panama City and Sri Lanka. The revenue from exports constitutes approx. 6.20% of the total revenue of the company.The company's processing unit with a capacity of processing 4,00,00,000 meter per annum is located at Ahmedabad. The compnay has 76 employees on payroll and 143 contract workers.+ Read More
Contact Details
Vinny Overseas Ltd. AddressB/H International HotelNarol-Isanpur RoadNarolAhmedabad, Gujarat, 382405+91 79 2573 1900cs@vinnyoverseas.inVisit Website