Viviana Power Tech IPO

Viviana Power Tech IPO – Details

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 nameViviana Power Tech Limited
IndustryEngineering – Construction

Dates to remember

IPO Opening date05 September 2022
IPO Closing08 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 Dates5 – 8 September 2022
Price BandINR 55 per share
Fresh issue16,00,000 shares (INR 8.80 crore)
Offer For SaleNil
Total IPO size16,00,000 shares (INR 8.80 crore)
Minimum bid (lot size)2,000 share
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE SME

Viviana Power Tech IPO Lot Size

Retail (Min)12000₹110,000
Retail (Max)12000₹110,000

Viviana Power Tech Financial Performance

Net income120.8098.62290.44
(Figures are in ₹ Lakhs)

Viviana Power Tech Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio8.27
RONW (%)42.3325.6843.06
Debt/Equity ratio1.031.880.96

Company Promoters

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

Viviana Power Tech IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding73.20%

Lead Manager(s)

  • Beeline Capital Advisors Pvt Ltd

Viviana Power Tech IPO Registrar

D – 153A, First Floor,
Okhla Industrial Area, Phase – 1,
New Delhi – 110 020, India
Phone: 011 – 4045 0193/197

Viviana Power Tech Contact Details

313-315, Orchid Plaza
B/H Macdoland, Sama-Savli Road
Vadodara – 390024, Gujarat
Phone: +91 8866797833

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

Leave a Comment

Your email address will not be published. Required fields are marked *