Vivo Collaboration Solutions was incorporated on January 30, 2012. The company offers a comprehensive suite of telephony services, covering every voice-based solution that an enterprise needs.
| Bidding Dates |
|---|
| 20 Dec 2021 - 23 Dec 2021 |
| Subscription |
|---|
| 282.97x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,31,200 | 1 | 1 | 1600 | 536.0 K | ₹82 | 73.4 % | ₹44.0 M | RHP DOC |
Vivo Collaboration IPO SUBSCRIPTION STATUS
23 Dec '21Vivo Collaboration IPO overall subscription rate was 282.97 times the total available shares
Vivo Collaboration IPO retail subscription rate was 273.08 times in the retail segment
Vivo Collaboration IPO non-institutional investor subscription rate was 292.86 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
22 Dec 2021 (Day 3) | 37.28x | 5.48x | - |
23 Dec 2021 (Day 4) | 273.08x | 292.86x | - |
20 Dec 2021 (Day 1) | 4.54x | 0.11x | - |
21 Dec 2021 (Day 2) | 11.64x | 0.65x | - |
Vivo Collaboration 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) |
| 3MFY22 | 11.1 | 36.2 | 6.3 | 6.3 |
| FY21 | 31.9 | 148.7 | 37.3 | 37.3 |
| FY20 | 5.8 | 100.1 | -1.0 | -1.0 |
| FY19 | 0.4 | 90.2 | 14.9 | 14.8 |
Vivo Collaboration IPO SUBSCRIPTION STATUS DETAILS
Vivo Collaboration had 536.0 K shares on offer
Vivo Collaboration IPO offer price was ₹82
Vivo Collaboration IPO minimum Investment was ₹131200
Vivo Collaboration IPO issue size was ₹ 44.0 M
Vivo Collaboration had a minimum lot size of 1600 Shares per application
Vivo Collaboration NUMBER OF SHARES ON OFFER
Vivo Collaboration IPO IMPORTANT DATES
| Issue Open Date | 20 Dec 2021 |
| Issue close Date | 23 Dec 2021 |
| Allotment Date | 28 Dec 2021 |
| Refund Date | 29 Dec 2021 |
| Demat Account Credit Date | 30 Dec 2021 |
| Listing Date | 31 Dec 2021 |
| Listing on Exchange(s) | NSE |
| Vivo Collaboration Allotment Status | Exchange |
Vivo Collaboration IPO subscription opened on 20 Dec 2021, and closed on 23 Dec 2021
IPO allotment for Vivo Collaboration was finalized on Tuesday, 28 Dec 2021
IPO listing for Vivo Collaboration was on NSE on Friday, 31 Dec 2021
Vivo Collaboration IPO LISTING GAINS
| Issue Price (adjusted) | 82.0 |
| Listing Open Price | 355.1 |
| Listing Close Price | 337.4 |
| Listing Gain% | 333.1% |
| Current Gain% | 39.1% |
Vivo Collaboration 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 % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Vivo Collaboration Solutions Ltd. | 114 | 23 | -26.8 | 0.8 | 6.1 | -7.5 | -7 | 3.8 | -35.2 | -0.9 | 32.1 | -4.3 | -32.1 |
| One97 Communications Ltd. | 1441.6 | 92425.7 | 142.2 | 1.2 | 10.3 | 3.4 | 2.3 | 9291 | 21.9 | 553 | 184 | 10.1 | 114.7 |
| PB Fintech Ltd. | 1604.5 | 74239.4 | 99.2 | 1 | 10.1 | 9.2 | 7.7 | 7166.4 | 33.1 | 669.9 | 89.8 | 16.2 | 98.3 |
| Affle 3I Ltd. | 1645.6 | 23183.1 | 48.5 | 2.5 | 8.2 | 12.4 | 10.3 | 2787.6 | 18.1 | 454.9 | 19.1 | 33.9 | 19.2 |
| Pine Labs Ltd. | 154.4 | 17820.2 | 140 | 0.7 | 6.3 | 1.9 | 0.8 | 2847.2 | 22.3 | 112.5 | 177.3 | 1.1 | 212.8 |
| Fractal Analytics Ltd. | 817.7 | 14061.6 | 42.8 | 4.1 | 9.2 | 6.6 | 3362.6 | 19.4 | 292.2 | 31 | 19.1 |
Vivo Collaboration INFORMATION ON IPO ISSUE
About Vivo Collaboration
Vivo Collaboration Solutions was incorporated on January 30, 2012. The company offers a comprehensive suite of telephony services, covering every voice-based solution that an enterprise needs.
Object of the Issue
- To meet working capital requirements
- General corporate purposes
- To meet issue expenses
Vivo Collaboration - PROMOTERS
| Name |
|---|
| UC IT Managed Services Private Limited |
Vivo Collaboration Lead Manager
Sarthi Capital Advisors Private Limited
ipo@sarthiwm.in
Vivo Collaboration Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Vivo Collaboration Strengths
Experienced team
The company has experienced management and a motivated team
End-to-end cloud voice
The company gives enterprises instant and seamless connectivity to all voice applications and networks, local or global
Extreme quality
Commitment to quality ensures that all voice traffic is always routed uncompressed, even though it’s fully encrypted, in an end-to-end manner
Vivo Collaboration Risks
Evolving market
The company operates in a highly evolving market and any inability to respond to such changing conditions could adversely affect business
Dependend on few customers
The top 5 customers contributed 99.58%, 96.51%, 93.79% and 79.66%, of our revenues for the quarter ended June 30, 2021, and for the financial year ended March 31, 2021, 2020 and 2019 respectively.
IPO FAQs
The promoter of the company is UC IT Managed Services Private Limited.
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 82.0 - 82.0.
The IPO application opens on Dec 20, 2021 and closes on Dec 23, 2021.
The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
For all category investors, the minimum application amount for this IPO is Rs. 131,200.0, the maximum value for this IPO is Rs 131,200.0.
This IPO will be allotted on Dec 28, 2021.
The refund will be credited to your account on Dec 29, 2021.
The allotted shares will be credited to your demat on Dec 30, 2021.
Vivo Collaboration Solutions Ltd.’s shares listed on the stock exchanges on Dec 31, 2021.