Fixed Price IPO | ₹4 Cr | Listed at NSE SME | Mon, Dec 20, 2021 - Thu, Dec 23, 2021
Vivo Collaboration Solutions IPO is a fixed price issue of ₹4.40 crores. The issue is entirely a fresh issue of 0.05 crore shares of ₹4.40 crore.
Vivo Collaboration Solutions IPO bidding started from Dec 20, 2021 and ended on Dec 23, 2021. The shares got listed on NSE SME on Dec 31, 2021.
Vivo Collaboration Solutions IPO price is ₹82 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹1,31,200 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,62,400.
Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is O J Financial Services Ltd..
Refer to Vivo Collaboration Solutions IPO RHP for detailed Information.
IPO Open
Mon, Dec 20, 2021
IPO Close
Thu, Dec 23, 2021
Issue Price
₹82 per share
Market Cap (Pre-IPO)
₹16.52 Cr
| IPO Date | 20 to 23 Dec, 2021 |
| Listed on | Fri, Dec 31, 2021 |
| Face Value | ₹10 per share |
| Issue Price | ₹82 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 5,36,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 27,200 shares O J Financial Services Ltd. (agg. up to ₹0.2230 Cr) |
| Fresh Issue (Ex Market Maker) | 5,08,800 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 5,08,800 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 14,79,000 shares |
| Share Holding Post Issue | 20,15,000 shares |
| NSE Symbol | VIVO |
| ISIN | INE0IA701014 |
Vivo Collaboration Solutions IPO comprises a total issue size of 5,36,000 shares. The net offer to the public is 5,08,800 shares, after excluding 27,200 shares allotted on a firm basis. Of the Net offer 2,54,400 (50.00%) allocated to NII 2,54,400 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 2,54,400 | 50.00% | 47.46% |
| Retail Shares Offered | 2,54,400 | 50.00% | 47.46% |
| Firm Reservations | |||
| Market Maker Shares Offered | 27,200 | 5.07% | |
| Total Shares Offered | 5,36,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,31,200 |
| Retail (Max) | 1 | 1,600 | ₹1,31,200 |
| HNI (Min) | 2 | 3,200 | ₹2,62,400 |
Incorporated in 2012, Vivo Collaboration offers a comprehensive suite of telephony services, covering voice-based solutions of enterprises. The company delivers end-to-end Cloud Telephony solutions. The company enables enterprises to break free from traditional PSTN-based communication and adopt IP voice applications.
Vivo provides a solid, scalable, yet simple converged platform for enterprise communication. Vivo uses robust TDM networks and MPLS cloud services for its solutions. The company's OPEX-based cloud platform caters to the specific needs of its diverse customer base. The company's services ensure zero communication loss and hence save precious management time.
Competitive Strengths:
| Period Ended |
|---|
| 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 the working capital requirements of the Company | 2.68 |
| 2 | General Corporate Purpose | 1.10 |
The Vivo Collaboration IPO is subscribed 282.97 times on December 23, 2021 5:00:00 PM (Day 4). The public issue subscribed 273.08 times in the retail category, [.] times in the QIB category, and 292.86 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 292.86 | 2,54,400 | 7,45,04,000 |
| Retail | 273.08 | 2,54,400 | 6,94,72,000 |
| Total | 282.97 | 5,08,800 | 14,39,76,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Makers, Bankers etc. | 0.40 |
| 2 | Marketing expenses, Selling Commission, Regulatory Fees and other expenses | 0.22 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹82.00 |
| Open | ₹355.10 |
| Low | ₹337.35 |
| High | ₹372.85 |
| Last Trade | ₹337.35 |
Lead Manager Reports
Vivo Collaboration Solutions IPO is a SME IPO of 5,36,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹82 per share. The minimum order quantity is 1600.
The IPO opens on Mon, Dec 20, 2021, and closes on Thu, Dec 23, 2021.
Bigshare 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 Vivo Collaboration Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Vivo Collaboration Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vivo Collaboration Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vivo Collaboration Solutions IPO opens on Mon, Dec 20, 2021 and closes on Thu, Dec 23, 2021.
Vivo Collaboration Solutions IPO lot size is 1600, and the minimum amount required for application is ₹1,31,200.
You can apply in Vivo Collaboration Solutions 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 Vivo Collaboration Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Vivo Collaboration Solutions IPO allotment status.
The Vivo Collaboration Solutions IPO listing date is on Fri, Dec 31, 2021.
