Viviana Power Tech IPO will open for subscription from 05th September 2022. the company aims for an issue size of ₹8.80 Cr through this fixed price issue IPO.
Viviana Power Tech Limited IPO
The company is engaged in the business of Power Transmission, Distribution, and Industrial EPC space projects (Engineering, Procurement, and construction). The company provides a wide range of services such as Power Transmission, EHV substation, Testing and Commissioning of sub-station and Transmission, Power Distribution Network Establishment, Underground Cable laying, Upgradation, and modification of existing power systems.
Viviana Power Tech has a business module to suit operational needs. Business operations mainly comprise two main tasks: Supply and service. The company owns adequate machinery but for specific requirements of machinery, The company avails services on a hire basis.
The company is an ISO 9001:2015 certified organization for Quality Management systems, ISO 14001:2015 for Environmental Management systems, and OHSAS 45001:2018 for Occupational Health and Safety Management systems.
Major competitive strengths
- Good management expertise.
- Well-established client relationship.
- Highly trained and skilled employee base.
Objects of the Issue
- For Working Capital Requirements.
- For Meeting the Issue Expenses.
- General Corporate Purpose
Basic details about the company
| Full name | Viviana Power Tech Limited |
| Sector | Infrastructure |
| Industry | Engineering – Construction |
| Company Website | www.vivianagroup.in |
Dates to remember
| IPO Opening date | 05 September 2022 |
| IPO Closing | 08 September 2022 |
| Basis of Allotment | – September 2022 |
| Initiation Refunds | – September 2022 |
| Credit to Demat Account | – September 2022 |
| Listing Date | – September 2022 |
Viviana Power IPO details
| Subscription Dates | 5 – 8 September 2022 |
| Price Band | INR 55 per share |
| Fresh issue | 16,00,000 shares (INR 8.80 crore) |
| Offer For Sale | Nil |
| Total IPO size | 16,00,000 shares (INR 8.80 crore) |
| Minimum bid (lot size) | 2,000 share |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Viviana Power Tech IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹110,000 |
| Retail (Max) | 1 | 2000 | ₹110,000 |
Viviana Power Tech Financial Performance
| FY2020 | FY2021 | FY2022 | |
| Revenue | 2,009.82 | 2,262.21 | 3,299.73 |
| Expenses | 1,855.77 | 2,131.35 | 2,904.03 |
| Net income | 120.80 | 98.62 | 290.44 |
Viviana Power Tech Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 2.76 | 2.26 | 6.65 |
| PE ratio | – | – | 8.27 |
| RONW (%) | 42.33 | 25.68 | 43.06 |
| NAV | 6.53 | 8.79 | 15.43 |
| Debt/Equity ratio | 1.03 | 1.88 | 0.96 |
Company Promoters
- Mr. Nikesh Kishorchandra Choksi
- Mr. Richi Nikeshbhai Choksi
- Mrs. Priyanka Richi Choksi
Viviana Power Tech IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 73.20% |
Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
Viviana Power Tech IPO Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D – 153A, First Floor,
Okhla Industrial Area, Phase – 1,
New Delhi – 110 020, India
Phone: 011 – 4045 0193/197
E-mail: ipo@skylinerta.com
Website: www.skylinerta.com
Viviana Power Tech Contact Details
VIVIANA POWER TECH LIMITED
313-315, Orchid Plaza
B/H Macdoland, Sama-Savli Road
Vadodara – 390024, Gujarat
Phone: +91 8866797833
Email: info@vivianagroup.in
Website: www.vivianagroup.in
Viviana Power Tech IPO Allotment Status
Viviana Power Tech IPO allotment will be available on Skyline Financial Services’ website.
Click on this link to get allotment status.
Final thoughts
Viviana Power Tech IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do 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
