Fixed Price IPO | ₹9 Cr | Listed at NSE SME | Mon, Sep 5, 2022 - Thu, Sep 8, 2022
Viviana Power Tech IPO is a fixed price issue of ₹8.80 crores. The issue is entirely a fresh issue of 0.16 crore shares of ₹8.80 crore.
Viviana Power Tech IPO bidding started from Sep 5, 2022 and ended on Sep 8, 2022. The allotment for Viviana Power Tech IPO was finalized on Sep 13, 2022. The shares got listed on NSE SME on Sep 16, 2022.
Viviana Power Tech IPO price is ₹55 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,10,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,20,000.
Beeline Capital Advisors Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Sunflower Broking Pvt.Ltd..
Refer to Viviana Power Tech IPO RHP for detailed Information.
IPO Open
Mon, Sep 5, 2022
IPO Close
Thu, Sep 8, 2022
Issue Price
₹55 per share
Market Cap (Pre-IPO)
₹32.84 Cr
| IPO Date | 5 to 8 Sep, 2022 |
| Listed on | Fri, Sep 16, 2022 |
| Face Value | ₹10 per share |
| Issue Price | ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 16,00,000 shares (agg. up to ₹9 Cr) |
| Reserved for Market Maker | 84,000 shares Sunflower Broking Pvt.Ltd. (agg. up to ₹0.4620 Cr) |
| Fresh Issue (Ex Market Maker) | 15,16,000 shares (agg. up to ₹8 Cr) |
| Net Offered to Public | 15,16,000 shares (agg. up to ₹8 Cr) |
| Share Holding Pre Issue | 43,70,000 shares |
| Share Holding Post Issue | 59,70,000 shares |
| NSE Symbol | VIVIANA |
| ISIN | INE0MEG01014 |
Viviana Power Tech IPO comprises a total issue size of 16,00,000 shares. The net offer to the public is 15,16,000 shares, after excluding 84,000 shares allotted on a firm basis. Of the Net offer 7,58,000 (50.00%) allocated to NII 7,58,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,58,000 | 50.00% | 47.38% |
| Retail Shares Offered | 7,58,000 | 50.00% | 47.38% |
| Firm Reservations | |||
| Market Maker Shares Offered | 84,000 | 5.25% | |
| Total Shares Offered | 16,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,10,000 |
| Retail (Max) | 1 | 2,000 | ₹1,10,000 |
| HNI (Min) | 2 | 4,000 | ₹2,20,000 |
Incorporated in 2014, Viviana Power Tech Limited is engaged in the business of Power Transmission, Distribution and Industrial EPC space projects (Engineering, Procurement and construction). The company provide a wide range of services such as Power Transmission, EHV substation, Testing and Commissioning of sub-station and Transmission, Power Distribution Network Establishment, Underground Cable laying, Upgradation and modification of existing power system.
Viviana Power Tech has a business module to suit operational needs. Business operations mainly comprise two main tasks: Supply and service. The company owns adequate machinery but for specific requirements of machinery, The company avails services on a hire basis.
The company is an ISO 9001:2015 certified organization for Quality Management systems, ISO 14001:2015 for Environmental Management systems and OHSAS 45001:2018 for Occupational Health and Safety Management systems.
Competitive Strengths:
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 21.48 | 18.89 | 9.43 |
| Total Income | 33.00 | 22.62 | 20.10 |
| Profit After Tax | 2.90 | 0.99 | 1.21 |
| NET Worth | 6.74 | 3.84 | 2.85 |
| Reserves and Surplus | 6.51 | 3.61 | 2.62 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 7.00 |
| 2 | General Corporate Expenses | 1.15 |
| KPI | |
|---|---|
| ROE | 54.88% |
| ROCE | 72.46% |
| Debt/Equity | 0.96 |
| RoNW | 43.06% |
| PAT Margin | 8.92% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.65 | |
| P/E (x) | 11.29 | |
| Promoter Holding | 99.99% | 73.20% |
| Market Cap | ₹32.84 Cr. |
The Viviana Power Tech IPO is subscribed 85.21 times on September 8, 2022 7:00:00 PM (Day 4). The public issue subscribed 72.95 times in the retail category, [.] times in the QIB category, and 97.47 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 97.47 | 7,58,000 | 7,38,86,000 |
| Retail | 72.95 | 7,58,000 | 5,52,98,000 |
| Total | 85.21 | 15,16,000 | 12,91,84,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees including underwriting commission | 0.25 |
| 2 | Fees Payable to Registrar to the issue | 0.01 |
| 3 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.03 |
| 4 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.06 |
| 5 | Others, if any (market making, depositories, marketing fees, Selling Commission, RoC expenses, secretarial, peer review auditors, etc.) | 0.30 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹55.00 |
| Open | ₹90.00 |
| Low | ₹87.00 |
| High | ₹94.50 |
| Last Trade | ₹94.50 |
Lead Manager Reports
Viviana Power Tech IPO is a SME IPO of 16,00,000 equity shares of the face value of ₹10 aggregating up to ₹9 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000.
The IPO opens on Mon, Sep 5, 2022, and closes on Thu, Sep 8, 2022.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Viviana Power Tech IPO using UPI as a payment gateway. Zerodha customers can apply in Viviana Power Tech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Viviana Power Tech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Viviana Power Tech IPO opens on Mon, Sep 5, 2022 and closes on Thu, Sep 8, 2022.
Viviana Power Tech IPO lot size is 2000, and the minimum amount required for application is ₹1,10,000.
You can apply in Viviana Power Tech 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 Viviana Power Tech IPO will be done on Tuesday, September 13, 2022, and the allotted shares will be credited to your demat account by Thu, Sep 15, 2022. Check the Viviana Power Tech IPO allotment status.
The Viviana Power Tech IPO listing date is on Fri, Sep 16, 2022.
