Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
Viney Corp.Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with SEBI on January 27, 2025.
Viney Corp.Ltd. IPO was a Book Build Issue
The equity shares were proposed to be listed on NSE and BSE. ICICI Securities Ltd. was the book running lead manager and MUFG Intime India Pvt.Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Oct 4, 2024 |
| Offer document withdrawn | Mon, Jan 27, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Offer |
| Retail Shares Offered | Not more than 10% of the Offer |
| NII Shares Offered | Not more than 15% of the Offer |
Viney Corporation Limited, established in 1992, is a leading Indian manufacturer and supplier of automotive components, specializing in mechatronic and connective products.
The company offers a wide range of products, including wiring harnesses, connectors, terminals, switches, plastic parts, and sheet metal items. These products are used in two-wheelers, passenger vehicles, and commercial vehicles, serving Original Equipment Manufacturers (OEMs) and Tier-1 clients worldwide.
Global Presence and Manufacturing
Headquartered in Delhi, India, Viney Corporation Limited has a strong infrastructure and a workforce of over 1,500 employees. The company designs its products in India and Italy, manufactures them in India, Italy, and Romania, and supplies them across India, Europe, the USA, and Brazil.
Manufacturing Facilities
Viney Corporation Limited operates:
Key Customers
The company's Connective Products are supplied to major automotive brands, including:
With its global presence, advanced manufacturing facilities, and strong customer base, Viney Corporation Limited continues to be a trusted name in the automotive components industry.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 1,358.29 | 1,270.57 | 1,229.98 |
| Total Income | 1,267.28 | 1,134.20 | 1,084.92 |
| Profit After Tax | 27.89 | -37.50 | 33.70 |
| NET Worth | 422.55 | 399.26 | 446.45 |
| Reserves and Surplus | 492.91 | 457.70 | 431.75 |
| Total Borrowing | 502.11 | 485.38 | 513.54 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Re-payment and/or pre-payment, in full or in part, of certain borrowings availed by the Company | 122.52 |
| 2 | General corporate purposes |
Lead Manager Reports
Viney IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Viney IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Viney IPO using UPI as a payment gateway. Zerodha customers can apply in Viney IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Viney IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Viney IPO dates are not announced. Please check back again after some time.
Viney IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Viney 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 Viney IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Viney IPO allotment status.
The Viney IPO listing date is not yet announced. The tentative date of listing is .
