Vivaa Tradecom Limited

Offer PeriodSep 27, 2023 – Oct 04, 2023

Sep 27, 2023 – Oct 04, 2023

BSE - SMEListed

Listed Price:

₹40.80

(-20.00%)

Price Band₹51 - ₹51

Lot Size2,000 Shares

Allotment DateOct 09, 2023

Listing DateOct 12, 2023

Subscription1.77 Times

Issue Size₹7.99 Cr

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IPO Details

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Lot Distribution

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Company Fin.

₹0
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Vivaa Tradecom Limited's has transitioned to a publicly listed entity following its IPO debut on Oct 12, 2023 at the BSE exchange. The public offering successfully raised 15,66,000 Shares, consisting of 15,66,000 Sharesin new capital.

The IPO featured a competitive price range of ₹51 to ₹51 and minimum application size of 2000 shares. Market reception was evidenced through subscription activity between Sep 27, 2023 and Oct 04, 2023, reflecting investor appetite for the offering.

Allotment of shares was completed on Oct 09, 2023, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.

Vivaa Tradecom IPO Details

IPO Date

Sep 27, 2023 to Oct 04, 2023

Allotment Date

Oct 09, 2023

List Date

Oct 12, 2023

Lot Size

2,000 share

Issue Price

₹51 - ₹51

Issue Size

15,66,000 (aggregating up to 7.99 Cr)

Fresh Issue

15,66,000 (aggregating up to 7.99 Cr)

Offer For Sale

Listing At

BSE

Share Holding Pre-Issue

23,71,500

Share Holding Post-Issue

39,37,500

Market Marker Portion

82,000

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	2000	1,02,000
HNI	2	4000	2,04,000

IPO Reservation

Shares15,66,000

Market Maker

5.24%(82,000)

NII (HNI)

47.38%(7,42,000)

RETAIL

47.38%(7,42,000)

Total

100.00%(15,66,000)

Vivaa Tradecom IPO Key Performance Indicators

Learn About IPO KPIs →

KPI	Values

KPI	Values
EPS	11.07
ROE	0
ROCE	0
RONW	2.10
PRE IPO(PE)	47.66
POST IPO(PE)	78.46

Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).

Company Financials (In Lakhs)

Period Ended	Mar 2021	Mar 2022	Mar 2023

Period Ended	Mar 2021	Mar 2022	Mar 2023
Assets	9,430.20	9,803.46	4,918.80
Revenue	14,734.56	24,728.70	13,402.83
Net Worth	1,118.58	1,162.97	1,211.70
Total borrowing	1,354.91	1,113.05	457.36
Profit after tax	-6.48	44.39	25.48
Reserves and Surpluses	1,116.26	1,160.65	974.55

Vivaa Tradecom IPO About Company

Incorporated in 2010, Vivaa Tradecom Limited is engaged in the manufacturing and trading of clothes and garments, including denim and cotton fabrics, readymade jeans for men and women, and printed cotton fabrics. The company acquired a readymade garments business from Parikh Impex Private Limited in 2013 and operated both manufacturing and trading activities until 2022, when it sold its manufacturing unit to Globe Textiles (India) Ltd and shifted focus entirely to trading. In March 2023, Vivaa expanded into the furniture segment by partnering with Rushil Décor Limited to distribute VIR and Prelam MDF Boards across multiple Indian states. Its clientele includes Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lajja Polyfab Pvt. Ltd., Nandan Denim Limited, Bajaj Impex, and Reliance Retail Limited.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Vivaa Tradecom IPO Strength Factors

⚠️Vivaa Tradecom IPO Risk Factors

🏦Vivaa Tradecom IPO Lead Manager(s)

Interactive Financial Services Limited

👤Vivaa Tradecom IPO Promoter(s)

Mr. Mitesh Adani.

🏢Vivaa Tradecom IPO Company Details

Vivaa Tradecom Limited

Email:account@vivaatrade.com

Phone:+91 99248 22188

Website:https://www.vivaatrade.com/

address:17, Pirana Piplej Road, Saijpur (Gopalpur), Piplej, Ahmedabad – 382405

📋Vivaa Tradecom IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited

Phone:+91-22-6263 8200

Email:ipo@bigshareonline.com

Website:https://ipo.bigshareonline.com/IPO_Status.html

❓Vivaa Tradecom IPO FAQs

Vivaa Tradecom IPO is a main-board IPO of 15,66,000 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹51 - ₹51 per share. The minimum order quantity is .The IPO opens on Sep 27, 2023, and closes on Oct 04, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Vivaa Tradecom IPO using UPI as a payment gateway. Zerodha customers can apply in Vivaa Tradecom IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Vivaa Tradecom IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Vivaa Tradecom IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Vivaa Tradecom IPO opens on Sep 27, 2023 and closes on Oct 04, 2023.

You can apply in Vivaa Tradecom IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Vivaa Tradecom IPO will be done on Oct 09, 2023, and the allotted shares will be credited to your demat account by Oct 09, 2023

Vivaa Tradecom IPO's listing date is Oct 12, 2023.

Vivaa Tradecom Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0(0.00%)

Premium (ELP)

₹0
(0.00%)