IPO Issue Details
Issue Price / Price Band₹165 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size800 Shares per Lot
Total Issue Size33,12,800 shares (aggregating up to ₹54.66 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 27 Sep 2023
Subscription CloseTue, 03 Oct 2023
Anchor AllotmentTue, 26 Sep 2023
Basis of AllotmentWed, 04 Oct 2023
Initiation of RefundsThu, 05 Oct 2023
Credit of Shares to DematThu, 05 Oct 2023
Listing DateFri, 06 Oct 2023
UPI Mandate Deadline2023-10-03
Application & Investment Details
Retail — Min (1 Lots)₹1,32,000 — 800 shares
Retail — Max (13 Lots)₹1,716,000 (13 Lots)
HNI — Min (2 Lots)₹2,64,000 — 1600 shares
EPS (Pre-IPO)₹19.62
P/E Ratio (Pre-IPO)8.4x
P/E Ratio (Post-IPO)28.3x
Net Offer to Public31,46,400 shares (aggregating up to ₹51.92 Cr)
Reserved for Market Maker1,66,400 shares (aggregating up to ₹2.75 Cr)
Pre-IPO Promoter Holding92,71,926 shares
Post-IPO Promoter Holding1,25,84,726 shares
About Vinyas Innovative Technologies Ltd
Incorporated in 2001, Vinyas Innovative Technologies Limited provides design, engineering, and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in Electronic Industry.The company offers Build to Print (B2P) and Build to Specification (B2S) services to the clients.Build to Print (B2P) services involve the client providing the design for the product for which the company provides agile and flexible manufacturing services.Build to Specification (B2S) services involve utilizing the company's own design capabilities to design the relevant product based on the specifications provided by the client and manufacturing the product.Vinyas' 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 Company is the preferred partner for Global OEMs and ODMs by offering end-to-end solutions ranging from Design for Manufacturability, Supply Chain Management, PCB assembly, advanced test solutions, Product Integration, and after-market support.
Objects of the Issue
Vinyas Innovative Technologies Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Working Capital requirements of our Company
46.36
2
General Corporate Purposes
4.45
Shareholding & Lock-in
Pre-IPO Promoter Holding
92,71,926 shares
Post-IPO Promoter Holding
1,25,84,726 shares