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Open
27 Sep to 4 Oct, 2023
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Close
27 Sep to 4 Oct, 2023
3
Allotment
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Listing
Thu, Oct 12, 2023
Price Band
₹51 per share
Issue Size
15,66,000 shares (agg. up to ₹8 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Oct 12, 2023
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
12-10-2023₹0Est. ₹51+0%
11-10-2023₹0Est. ₹51+0%
10-10-2023₹0Est. ₹51+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.79x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 49.19 | 98.03 | 94.30 |
| Total Income | 134.03 | 247.29 | 147.35 |
| Profit After Tax | 0.25 | 0.44 | -0.06 |
| NET Worth | 12.12 | 11.63 | 11.19 |
| Reserves and Surplus | 9.75 | 11.61 | 11.16 |
| Total Borrowing | 4.57 | 11.13 | 13.55 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital requirement | 5.18 |
| 2 | General Corporate Purpose | 1.72 |
About Vivaa Tradecom IPO
Incorporated in 2010, Vivaa Tradecom Limited is engaged in the manufacturing as well as trading of clothes and garments. 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. 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. 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 Décor 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
Contact Details
Vivaa Tradecom Ltd. Address17, Pirana Piplej RoadSaijpur (Gopalpur)PiplejAhmedabad, Gujarat, 382405+91 99248 22188account@vivaatrade.comVisit Website