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Viviana Power Tech IPO Review, GMP, Subscription Status and Allotment

Viviana Power Tech IPO Allotment, Refund and Listing Date

Viviana Power Tech IPO Opening DateSeptember 5, 2022
Viviana Power Tech IPO Closing DateSeptember 8, 2022
Basis of AllotmentSeptember 14, 2022
Initiation of RefundsSeptember 15, 2022
Credit of Shares to DematSeptember 16, 2022
Viviana Power Tech IPO Listing DateSeptember 19, 2022

Viviana Power Tech IPO Details

Viviana Power Tech IPO Price BandRs.55 Per Equity Share
IPO Lot SizeMinimum 2000 shares for 1 lot
Minimum AmountRs.1,10,000 for 1 lot
IPO SizeApprox. Rs.8.80 Crores
Listing AtBSE, NSE
Offer for Sale1,600,000 Equity Shares
Retail Quota:50%
QIB Quota:
NII Quota:50%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Viviana Power Tech IPO GMP (Grey Market Premium)

DateGMPKostakSubject to
3 SeptemberRs.2Rs.5,000

Viviana Power Tech IPO Subscription Status Live

Investor CategorySubscription (times)
Qualified Institutions
Non-Institutional Buyers
Retail Investors
Employees
Others
Total

Viviana Power Tech IPO Subscription Details (times)

To be updated.

Viviana Power Tech Financial Report

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20943.442009.82120.8285.41262.41
31-Mar-211889.22262.2198.62384.03361.03
31-Mar-222147.653299.73290.44674.48651.48

Viviana Power Tech IPO Valuation – FY2022

 Earning Per Share (EPS): Rs.6.65 per Equity Share
 Price/Earning P/E Ratio:8.27
 Return on Net Worth (RoNW): 43.06%
 Net Asset Value (NAV):Rs.15.43 per Equity Share

Viviana Power Tech IPO Review

What our Expert say about Viviana Power Tech IPO ReviewAvoid

Objects of the Issue

  • To Meet Working Capital Requirement.
  • To Meet the Issue Expenses.
  • General Corporate Purpose.

Viviana Power Tech IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022

Email: [email protected]

Website: https://www.skylinerta.com/

Peer Group

  • KEC International Limited
  • Kalpataru Power Transmission Limited

Company Promoters

  • Mr. Nikesh Kishorchandra Choksi
  • Mr. Richi Nikeshbhai Choksi
  • Mrs. Priyanka Richi Choksi

Company Address

Viviana Power Tech Limited

313-315, Orchid Plaza,

B/H Macdoland, Sama-Savli Road,

Vadodara – 390024,

Phone: +91 8866797833

Email: [email protected]

Website: http://www.vivianagroup.in/

About Viviana Power Tech IPO

Viviana Power Techs IPO dates are set, with an opening date of Sept. 5, closing date of Sept. 8, 2022. The Viviana Power Tech Ipo price band is fixed at Rs55 at 2000 shares in market. Viviana Power Tech Limited is catering to customer requirements in power transmission, distribution, and industrial EPC sectors. 

The company was founded in 2014 by directors Mr. Nikesh Choksi and Mr. Richie Choksi. The company achieved the landmark of having completed 40 products under contracts worth Rs40+ crores within five years. Currently, they have projects worth over 35 crores which includes HVDC at +-500 kV, 400/ 220/ 132/ 66/ 33 kV transmission lines/substations for utilities & industries, both private and public. Viviana also undertakes turnkey projects for supply, installation, testing & commissioning all types of Electrical systems.

They offer services such as Power transmission, Electrified HV Substations, Substation & transmission Test & Commissioning, Electricity distribution network installation, underground cable installation, upgrading & modifying existing electrical systems. You can check the Viviana Power Tech IPO subscription status as well as the Viviana Power Tech IPO allocation status from the relevant pages. Incorporated in 2014, Viviana Power Tech Limited is engaged in power transmission, distribution, and industrial EPC space projects (Engineering, Procurement, and Construction). The company provides wide-range services like power transmission, electric & heavy duty power substations, testing & commissioning of substations & transmission, setting up power distribution networks, underground cable installation, upgrading & modifying existing power systems. 

Viviana Power Tech has business modules suited for the operation needs. Business operations are basically structured into two basic tasks: procurement and services. The firm has sufficient equipment, but to meet the particular requirements for equipment, the firm provides services on a rental basis.

The company is ISO 9001:2015 certified for quality management systems, ISO 14001:2015 for environmental management systems, and OHSAS 45001:2018 for occupational health and safety management systems. Vadodara-based Viviana Power Tech Ltd is coming out with its maiden IPO at Rs8.80 crore. Incorporated in 2014, the company is involved in power transmission, distribution, and industrial space project (Engineering, Procurement, and Construction) in the EPC (Engineering, Procurement, and Construction) segment. The company provides wide-range services like power transmission, electric & heavy-duty power substations, testing & commissioning of substations & transmission, establishment of distribution network, underground cable installation, upgrading and modifying existing electrical systems. 

Viviana Power Tech has business modules suited for the needs of operations. Business operations are basically structured into two basic tasks: procurement and services. The business has proper equipment, but to meet the particular requirements for equipment, businesses provide services on a rental basis.

The company is ISO 9001:2015 certified for quality management systems, ISO 14001:2015 for environmental management systems, and OHSAS 45001:2018 for occupational health and safety management systems. The company comes out in IPO of 16 lakh Equity shares at Rs. The IPO is scheduled from Sept.05, 2022, through Sept.08, 2022.   

Investors are required to apply for minimum of 2000 shares, and thereafter, in multiples thereof. The shares will be listed on NSEs Emerge platform once allocated. 

This issue is being managed under Lead Management of Beeline Capital Advisors Pvt. Ltd. and Skyline Financial Services Pvt. Ltd. are the incorporators of the said matter. 

The Company has posted an increase in its business over the last three financial years. Its revenue has grown to Rs 20,01 crore. Its net profit also rose from Rs 1.21 cr. 



This post first appeared on Ravi Barot, please read the originial post: here

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