Last updated on October 12, 2023
Vivaa Tradecom IPO description – Incorporated in 2010, Vivaa Tradecom is engaged in the manufacturing and trading of Cloths and Garments. It was selling readymade garments to various reputed clients on a Pan India basis. 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.
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. For the vertical growth of the company, it has entered into an agreement with Rushil Décor Limited, which has a registered office in Ahmedabad, Gujarat, on 29 March 2023 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.
Promoters of Vivaa Tradecom – Mitesh Adani
Table of Contents
Vivaa Tradecom IPO Details
| Vivaa Tradecom IPO Dates | 27 Sep – 4 Oct 2023 |
| Vivaa Tradecom Offer Price | INR 51 per share |
| Fresh issue | 15,66,000 shares INR 7.99 crore |
| Offer For Sale | NIL |
| Total IPO size | 15,66,000 shares INR 7.99 crore |
| Minimum bid (lot size) | 2,000 shares INR 102,000 |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Vivaa Tradecom Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 146.41 | 243.20 | 134.02 |
| Expenses | 147.36 | 247.08 | 133.66 |
| Net income | (0.07) | 0.44 | 0.26 |
Vivaa Tradecom Offer News
- Vivaa Tradecom India RHP
- Vivaa Tradecom India Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Vivaa Tradecom Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (0.28) | 1.89 | 1.07 |
| PE ratio | – | – | 47.66 |
| RONW (%) | (0.58) | 3.82 | 2.10 |
| NAV | – | – | 51.09 |
| ROCE (%) | 0.07 | 0.10 | 0.06 |
| EBITDA (%) | 1.48 | 0.92 | 0.72 |
| Debt/Equity | 3.75 | 0.36 | 0.38 |
Vivaa Tradecom IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Vivaa Tradecom IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 783,000 | 783,000 | 1,566,000 |
| 4 Oct 2023 | 0.82 | 2.70 | 1.76 |
| 3 Oct 2023 | 0.30 | 1.55 | 0.92 |
| 29 Sep 2023 | 0.17 | 0.97 | 0.57 |
| 28 Sep 2023 | 0.06 | 0.50 | 0.28 |
| 27 Sep 2023 | 0.03 | 0.22 | 0.13 |
Vivaa Tradecom IPO Allotment Status
Vivaa Tradecom IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Vivaa Tradecom IPO Dates & Listing Performance
| IPO Opening Date | 27 September 2023 |
| IPO Closing Date | 4 October 2023 |
| Finalization of Basis of Allotment | 9 October 2023 |
| Initiation of refunds | 10 October 2023 |
| Transfer of shares to demat accounts | 11 October 2023 |
| IPO Listing Date | 12 October 2023 |
| Opening Price on BSE SME | INR 40.80 per share (down 20%) |
| Closing Price on BSE SME | INR 42 per share (down 17.65%) |
Vivaa Tradecom Offer Lead Manager
INTERACTIVE FINANCIAL SERVICES LIMITED
612, 6th Floor, Shree Balaji Heights, Kokilaben Vyas Marg,
Ellisbridge, Ahmedabad – 380 009, Gujarat, India
Phone: +91-9898055647
Email:Â [email protected]
Website:Â www.ifinservices.in
Vivaa Tradecom Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Vivaa Tradecom Contact Details
VIVAA TRADECOM LIMITED
17, Pirana Piplej Road, Saijpur (Gopalpur),
Piplej, Ahmedabad – 382405
Phone: +91 9924822188
E-mail: [email protected]
Website: www.vivaatrade.com
IPO FAQs
What is Vivaa Tradecom IPO offer size?
Vivaa Tradecom offer size is INR 7.99 crores.
What is the Vivaa Tradecom offer price band?
Vivaa Tradecom public offer price is INR 51 per share.
What is the lot size of Vivaa Tradecom public offer?
Vivaa Tradecom offer lot size is 2,000 shares.
What is Vivaa Tradecom IPO GMP today?
Vivaa Tradecom IPO GMP today is INR NA per share.
What is the Vivaa Tradecom kostak rate today?
Vivaa Tradecom kostak rate today is INR NA per application.
What is Vivaa Tradecom Subject to Sauda rate today?
Vivaa Tradecom Subject to Sauda rate today is INR NA per application.
