Vinyas Innovative Technologies IPO Date, Price, Subscription, Allotment, Listing Details
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Vinyas Innovative Technologies Limited, Incorporated in 2001, provides design, engineering, and electronics manufacturing services to global Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs) in the electronic industry.
The company offers two primary types of services to its clients:
- Build to Print (B2P) Services: In this approach, the client provides the product design, and Vinyas offers flexible manufacturing services to bring the design to life.
- Build to Specification (B2S) Services: Here, Vinyas utilizes its own design capabilities to create the product based on the specifications provided by the client, followed by manufacturing.
Vinyas’ solutions mainly consist of printed circuit board (PCB) assembly (PCBA) and box builds. These components are crucial in safety-critical systems like cockpits, inflight systems, landing systems, and medical diagnostic equipment.
The company is the preferred partner for global OEMs and ODMs, offering comprehensive solutions that encompass Design for Manufacturability, Supply Chain Management, PCB assembly, advanced testing solutions, Product Integration, and post-sales support.
Objects of the Issue (Vinyas Innovative Technologies IPO Objectives)
The company plans to use the net proceeds from the issue for the following purposes:
- Meeting the company’s working capital requirements.
- Addressing general corporate needs.
- Covering the expenses related to the issue.
Vinyas Innovative Technologies IPO Details
The Vinyas Innovative Technologies IPO comprises 3,312,800 shares offered through a book-building process. This issuance consists entirely of 3,312,800 fresh shares.
IPO Date | September 27, 2023 to October 3, 2023 |
Listing Date | October 11, 2023 |
Face Value | ₹10 per share |
Price | ₹162 to ₹165 per share |
Lot Size | 800 Shares |
Total Issue Size | 3,312,800 shares (aggregating up to ₹54.66 Cr) |
Fresh Issue | 3,312,800 shares (aggregating up to ₹54.66 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 9,271,926 |
Share holding post issue | 12,584,726 |
Market Maker portion | 166,400 shares |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Vinyas Innovative Technologies IPO Reservation
QIB Shares Offered | Not more than 50.00% of the Net offer |
NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Retail Shares Offered | Not less than 35.00% of the Offer |
Vinyas Innovative Technologies IPO Lot Size
Investors can bid with a minimum of 800 shares and in multiples of 800. Here’s a summary of the minimum and maximum investment limits for both retail investors and high-net-worth individuals (HNIs) in terms of shares and amounts.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 800 | ₹132,000 |
Retail (Max) | 1 | 800 | ₹132,000 |
HNI (Min) | 2 | 1,600 | ₹264,000 |
Vinyas Innovative Technologies IPO Dates
Vinyas Innovative Technologies IPO opens on September 27, 2023, and closes on October 3, 2023.
IPO Open Date | Wednesday, September 27, 2023 |
IPO Close Date | Tuesday, October 3, 2023 |
Basis of Allotment | Friday, October 6, 2023 |
Initiation of Refunds | Monday, October 9, 2023 |
Credit of Shares to Demat | Tuesday, October 10, 2023 |
Listing Date | Wednesday, October 11, 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on October 3, 2023 |
Vinyas Innovative Technologies Limited Financial Report
Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
---|---|---|---|
Assets | 18,458.95 | 22,149.04 | 21,598.64 |
Revenue | 20,780.50 | 21,216.30 | 23,885.41 |
Profit After Tax | 123.15 | 100.88 | 734.34 |
Net Worth | 3,069.38 | 3,144.74 | 4,522.99 |
Reserves and Surplus | 2,695.17 | 2,770.54 | 4,178.79 |
Total Borrowing | 9,365.89 | 9,542.58 | 8,571.01 |
Key Performance Indicator of Vinyas Innovative Technologies
KPI | Values |
---|---|
P/E (x) | 8.4 |
ROE | 16.13% |
ROCE | 35.20% |
Debt/Equity | 1.88 |
EPS (Rs) | 19.62 |
RoNW | 16.13% |
Vinyas Innovative Technologies IPO Contact Details
Vinyas Innovative Technologies Limited
Plot No. 19, Survey No. 26 & 273-P,
3 rd Phase, Koorgalli Industrial Area,
Ilawala Hobali, Mysore – 570018
Phone: +91 821 2404444
Email: secretarial@vinyasit.com
Website: https://www.vinyasit.com/
Vinyas Innovative Technologies IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Vinyas Innovative Technologies IPO FAQs
What is Vinyas Innovative Technologies IPO?
The Vinyas Innovative Technologies IPO comprises 3,312,800 equity shares with a face value of ₹10, amounting to ₹54.66 Crores. The share price range is ₹162 to ₹165 per share, with a minimum order quantity of 800 shares. The IPO will be available for subscription from September 27, 2023, to October 3, 2023.
Skyline Financial Services Private Ltd is the registrar for this IPO, and the shares are set to be listed on the NSE SME platform.
How can I apply for Vinyas Innovative Technologies IPO through Zerodha?
Zerodha customers can apply for the Vinyas Innovative Technologies IPO online using UPI as a payment gateway. To apply, log in to Zerodha Console (back office) and complete the IPO application form.
Here are the steps to apply for Vinyas Innovative Technologies IPO through Zerodha:
1. Visit the Zerodha website and log in to Console.
2. Go to the Portfolio section and click on the IPOs link.
3. Find the ‘Vinyas Innovative Technologies IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, quantity of shares, and the price.
5. Submit the IPO application form.
6. Visit the UPI App (either net banking or BHIM) to approve the mandate.
When will Vinyas Innovative Technologies IPO open?
The Vinyas Innovative Technologies IPO is scheduled to open on September 27, 2023, and will remain open for subscription until October 3, 2023.
What is the lot size for Vinyas Innovative Technologies IPO?
The lot size for the Vinyas Innovative Technologies IPO is 800 shares, and the minimum investment amount required is ₹132,000.
How can I apply for Vinyas Innovative Technologies IPO?
You can apply for Vinyas Innovative Technologies IPO online using either UPI or ASBA as the payment method. ASBA IPO application can be done through the net banking portal of your bank. UPI IPO application is offered by brokers that do not provide banking services. For more details, refer to the process of applying for IPOs online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.
When will the allotment of Vinyas Innovative Technologies IPO take place?
The Basis of Allotment for Vinyas Innovative Technologies IPO will be finalized on Friday, October 6, 2023. The allotted shares will be credited to your demat account by Tuesday, October 10, 2023. You can check the IPO allotment status for updates.
What is the listing date for Vinyas Innovative Technologies IPO?
The listing date for Vinyas Innovative Technologies IPO has not been announced yet. The tentative date for the IPO listing is Wednesday, October 11, 2023.