Viviana Power Tech Limited is engaged in the business of Power Transmission, Distribution and Industrial EPC space projects (Engineering, Procurement and construction)
| Bidding Dates |
|---|
| 05 Sep 2022 - 08 Sep 2022 |
| Subscription |
|---|
| 85.14x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,10,000 | 1 | 1 | 2000 | 1.6 M | ₹55 | 73.2 % | ₹88.0 M | RHP DOC |
Viviana Power Tech IPO SUBSCRIPTION STATUS
08 Sep '22Viviana Power Tech IPO overall subscription rate was 85.14 times the total available shares
Viviana Power Tech IPO retail subscription rate was 72.8 times in the retail segment
Viviana Power Tech IPO non-institutional investor subscription rate was 97.47 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
08 Sep 2022 (Day 4) | 72.8x | 97.47x | - |
07 Sep 2022 (Day 3) | 12.85x | 3.29x | - |
06 Sep 2022 (Day 2) | 5.12x | 0.67x | - |
05 Sep 2022 (Day 1) | 1.48x | 0.25x | - |
Viviana Power Tech FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| FY22 | 29.0 | 325.6 | 3.2 | 2.3 |
| FY21 | 9.9 | 225.3 | -27.8 | -27.9 |
| FY20 | 12.1 | 200.6 | 41.8 | 40.9 |
Viviana Power Tech IPO SUBSCRIPTION STATUS DETAILS
Viviana Power Tech had 1.6 M shares on offer
Viviana Power Tech IPO offer price was ₹55
Viviana Power Tech IPO minimum Investment was ₹110000
Viviana Power Tech IPO issue size was ₹ 88.0 M
Viviana Power Tech had a minimum lot size of 2000 Shares per application
Viviana Power Tech NUMBER OF SHARES ON OFFER
Viviana Power Tech IPO IMPORTANT DATES
| Issue Open Date | 05 Sep 2022 |
| Issue close Date | 08 Sep 2022 |
| Allotment Date | 13 Sep 2022 |
| Refund Date | 14 Sep 2022 |
| Demat Account Credit Date | 15 Sep 2022 |
| Listing Date | 16 Sep 2022 |
| Listing on Exchange(s) | NSE |
| Viviana Power Tech Allotment Status | Exchange |
Viviana Power Tech IPO subscription opened on 05 Sep 2022, and closed on 08 Sep 2022
IPO allotment for Viviana Power Tech was finalized on Tuesday, 13 Sep 2022
IPO listing for Viviana Power Tech was on NSE on Friday, 16 Sep 2022
Viviana Power Tech IPO LISTING GAINS
| Issue Price (adjusted) | 34.4 |
| Listing Open Price | 90.0 |
| Listing Close Price | 94.5 |
| Listing Gain% | 63.6% |
| Current Gain% | 1982.0% |
Viviana Power Tech Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Viviana Power Tech Ltd. | 715.8 | 427.3 | 13.1 | 0.1 | 1.3 | 45.4 | 8.5 | 536.3 | 144.2 | 52.7 | 166.5 | 54.8 | 152 |
| Adani Power Ltd. | 209 | 403050.1 | 28.3 | 1.9 | 6.8 | 19.8 | 9 | 57865.3 | -1.8 | 12834.3 | -0.8 | 7.4 | 14.9 |
| NTPC Ltd. | 342.5 | 332110.8 | 12 | 0.8 | 1.7 | 13.3 | 4.8 | 189798.6 | -0.6 | 27052.5 | 15.5 | 28.6 | 15.9 |
| Power Grid Corporation of India Ltd. | 271.6 | 252604.4 | 15.9 | 5.2 | 5.4 | 15.8 | 5.4 | 47684.4 | 0.5 | 15928 | 2.6 | 17.1 | 3 |
| Adani Energy Solutions Ltd. | 1630.1 | 199353.8 | 68.3 | 3.1 | 6.5 | 9 | 2.4 | 28325.2 | 15.9 | 2282.5 | 115.3 | 23.9 | 21.8 |
| Tata Power Company Ltd. | 380.6 | 121598.6 | 31.5 | -6.5 | 1.9 | 9.5 | 2.1 | 64171.7 | -4.2 | 3747.2 | -5.6 | 12.1 | -4.8 |
Viviana Power Tech INFORMATION ON IPO ISSUE
About Viviana Power Tech
Viviana Power Tech Limited is engaged in the business of Power Transmission, Distribution and Industrial EPC space projects (Engineering, Procurement and construction)
Object of the Issue
- To Meet working capital requirement
- General corporate purpose
- To Meet the issue expenses
Viviana Power Tech - PROMOTERS
| Name |
|---|
| Nikesh Kishorchandra Choksi |
| Richi Nikeshbhai Choksi |
| Priyanka Richi Choksi |
Viviana Power Tech Lead Manager to the Issue
Beeline Capital Advisors Private Limited
mb@beelinemb.com
Viviana Power Tech Registrar to the Issue
Skyline Financial Services Private Limited
ipo@skylinerta.com
Viviana Power Tech Strengths
Organizational stability along with management expertise
The company has an established track record of over 7 years which indicates the company’s ability to whether economic and business cycles and competent promoters have over a decade of relevant experience
Existing client relationship
The company has been successful in building a strong client base for its business
Well-trained employee base
Highly skilled professionals and dedicated team are ever ready to deliver their efficient service
Viviana Power Tech Risks
Business is dependent on a few customers
The loss of, or a significant reduction in award of contracts by the relevant few customers could adversely affect the business
Outstanding legal proceedings
The company is involved in certain legal proceedings which are pending at different levels of adjudication before various courts, tribunals, enquiry officers, and appellate authorities
IPO FAQs
Viviana Power Tech Ltd. IPO listing opened at Rs 90.00 while the issue price was Rs 55.00 giving 63.64% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 34.38 giving 1982.02% gains since its IPO listing.
The promoters of the company are Nikesh Kishorchandra Choksi, Richi Nikeshbhai Choksi and Priyanka Richi Choksi.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 55.0 - 55.0.
The IPO application opens on Sep 05, 2022 and closes on Sep 08, 2022.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 110,000.0, the maximum value for this IPO is Rs 110,000.0.
This IPO will be allotted on Sep 13, 2022.
The refund will be credited to your account on Sep 14, 2022.
The allotted shares will be credited to your demat on Sep 15, 2022.
Viviana Power Tech Ltd.’s shares listed on the stock exchanges on Sep 16, 2022.