IPO Issue Details
Issue Price / Price Band₹55 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size16,00,000 shares (aggregating up to ₹8.80 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 05 Sep 2022
Subscription CloseThu, 08 Sep 2022
Anchor AllotmentSun, 04 Sep 2022
Basis of AllotmentTue, 13 Sep 2022
Initiation of RefundsWed, 14 Sep 2022
Credit of Shares to DematThu, 15 Sep 2022
Listing DateFri, 16 Sep 2022
UPI Mandate Deadline2022-09-08
Application & Investment Details
Retail — Min (1 Lots)₹1,10,000 — 2000 shares
Retail — Max (13 Lots)₹1,430,000 (13 Lots)
HNI — Min (2 Lots)₹2,20,000 — 4,000 shares
P/E Ratio (Pre-IPO)11.29x
Net Offer to Public15,16,000 shares (aggregating up to ₹8.34 Cr)
Reserved for Market Maker84,000 shares (aggregating up to ₹0.4620 Cr)
Pre-IPO Promoter Holding43,70,000 shares
Post-IPO Promoter Holding59,70,000 shares
About Viviana Power Tech Ltd.
Incorporated in 2014, Viviana Power Tech Limited is engaged in the business of Power Transmission, Distribution and Industrial EPC space projects (Engineering, Procurement and construction). The company provide 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 system.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.Competitive Strengths:Organizational stability along with management expertise.Existing client relationship.Well-trained employee base.Quality Assurance.
Objects of the Issue
Viviana Power Tech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To Meet Working Capital Requirement
7.00
2
2 General Corporate Expenses
1.15
Shareholding & Lock-in
Pre-IPO Promoter Holding
43,70,000 shares
Post-IPO Promoter Holding
59,70,000 shares