Vinyas Innovative Technologies IPO

Vinyas Innovative Technologies IPO will open for subscription from 27 September 2023. The company aims for an issue size of ₹54.66 Cr through this IPO.


Company Overview

Full nameVinyas Innovative Technologies Limited
SectorElectricals
IndustryElectronic – Components
Company Websitehttps://www.vinyasit.com/

About Company

Incorporated in 2001, Vinyas Innovative Technologies is a provider of design, engineering, and electronics manufacturing services catering to global original equipment manufacturers and original design manufacturers in the electronic Industry. As an integrated electronic manufacturing services provider, Vinyas supports its global partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.

The Electronic Manufacturing Services are provided as Build to Print (B2P) and Build Specification (B2S) services to the clients. The B2P solutions involve the client providing the design for the product for which it provides agile and flexible manufacturing services. The B2S services involve utilizing design capabilities to design the relevant product based on the specifications provided by the client and manufacturing the product. Vinyas Innovative Technologies solutions primarily comprise: (i) printed circuit board (PCB) assembly (PCBA), and (ii) box builds which are used in safety-critical systems such as cockpits, inflight systems, landing systems, and medical diagnostic equipment.


The Objectives of the Issue

  • Working Capital requirements of the company.
  • General Corporate Purposes.
  • To meet Issue Expenses.

Vinyas Innovative Technologies IPO Timetable

IPO Opening date27 September 2023
IPO Closing03 October 2023
Basis of Allotment06 October 2023
Initiation Refund09 October 2023
Credit to Demat Account10 October 2023
Listing Date11 October 2023
(Cut-off time for UPI mandate confirmation – 5 PM on October 3, 2023)

Vinyas Innovative Technologies IPO details

Issue typeBook Built Issue IPO
IPO issue size₹54.66 Cr – 3,312,800 shares
Fresh Issue₹54.66 Cr – 3,312,800 shares
Offer for saleNil
Face value₹10 per share
Price Band ₹162 to ₹165 per share
Lot size800 Shares
Market Maker portion166,400 shares
Shareholding pre-issue9,271,926
Shareholding post-issue12,584,726
Listing ExchangeNSE SME

Vinyas Innovative Technologies IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)1800₹132,000
Retail (Max)1800₹132,000
HNI (Min)21,600₹264,000

Vinyas Innovative Technologies IPO Reservation Details

QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Vinyas Innovative Technologies Financial Performance

 FY 2021FY 2022FY 2023
Revenue205.03207.74234.52
Expenses206.08209.65228.76
Net income1.080.717.16
(Amount in ₹ Crores)

Vinyas Innovative Technologies Valuations & Margins

FY 2021FY 2022FY 2023
EPS3.292.7019.62
PE ratio8.26 – 8.41
RONW (%)4.013.2116.13
NAV121.67
ROCE (%)24.0725.7635.20
EBITDA (%)6.427.6910.43
Debt/Equity3.053.031.88

Vinyas Innovative Technologies Promoters

  • Mr. Narendra Narayanan
  • Mrs. Meera Narendra
  • Mr. Sumukh Narendra

Promoter Holding

Pre Issue Share Holding
Post Issue Share Holding

Vinyas Innovative Technologies IPO Lead Manager(s)

SARTHI CAPITAL ADVISORS PRIVATE LIMITED
401, 4thFloor, Manek Plaza, 167, Vidyanagari Marg, Kalina,
Santacruz (E), Mumbai – 400 098
Phone: +91 22 2652 8671/72
Email: compliance@sarthiwm.in
Website: www.sarthiwm.in


Vinyas Innovative Technologies Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
A/506, Dattani Plaza, Andheri Kurla Road,
Safeed Pool, Andheri East, Mumbai – 400 072, Maharashtra
Phone: +91 22 2851 1022
Email: ipo@skylinerta.com
Website: www.skylinerta.com


Vinyas Innovative Technologies Contact Details

VINYAS INNOVATIVE TECHNOLOGIES LIMITED
Plot No. 19, Survey No. 26 & 273-P, 3rd Phase Koorgalli Industrial Area,
Ilawala Hobali, Mysore-570018, Karnataka
Phone: +91 821 2404444
E-mail: secretarial@vinyasit.net
Website: www.vinyasit.com


Vinyas Innovative Technologies IPO Allotment Status

Vinyas Innovative IPO allotment status will be available on Skyline Financial Services’ website. Click on this link to get allotment status.


Final thoughts

Vinyas Innovative Technologies IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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