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| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹7.99 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹7.99 Cr |
| Fresh Issue | ₹7.57 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹51.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544002 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Interactive Financial Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
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, and Uttarakhand states of India.
Vivaa Tradecom's clientele includes Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lajja Polyfab Pvt. Ltd., Nandan Denim Limited, Bajaj Impex, Reliance Retail Limited, and so on.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital requirement | 5.18 |
| 2 | General Corporate Purpose | 1.72 |
| 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 | |||
| KPI | |
|---|---|
| Debt / Equity | 0.38% |
| RoNW | 2.10% |
| PAT Margin | 19.00% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 11.07 | |
| P/E (x) | 47.66 | 78.46 |
| Promoter Holding | 50% | 30.11% |
| Market Cap | ₹20.08 Cr. | |
