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IPO Vinyas Innovative Technologies Ltd

  • Price Range

    ₹162 - ₹165

  • Min. Quantity

    800

  • Closes on

    3 October 2023

  • Min. investment

    ₹1,32,000/800 Shares

Vinyas Innovative Technologies Ltd IPO Timeline

Vinyas Innovative Technologies Limited was incorporated on April 27, 2001 as a Private Limited Company with Registrar of Companies, Bangalore in the name and style of 'Vinyas Innovative Technologies Private Limited'. Subsequently, Company was converted into Public Limited Company and the name of Company was changed to 'Vinyas Innovative Technologies Limited' vide fresh Certificate of Incorporation dated June 14, 2023.

EventDate
Vinyas Innovative Technologies Ltd IPO Opening Date27 September 2023
Vinyas Innovative Technologies Ltd IPO Closing Date 3 October 2023
Basis of Allotment4 October 2023
Initiation of Refunds5 October 2023
Credit of Shares to Demat5 October 2023
Vinyas Innovative Technologies Ltd IPO Listing Date6 October 2023

Vinyas Innovative Technologies Ltd IPO Details

Vinyas Innovative Technologies Ltd IPO Date27 September 2023 to 3 October 2023
Vinyas Innovative Technologies Ltd IPO Face Value10 per share
Vinyas Innovative Technologies Ltd IPO Price162 to ₹165 per share
Vinyas Innovative Technologies Ltd IPO Lot Size800
Issue SizeShares of ₹10 (aggregating up to ₹54.66 Cr)
Fresh IssueShares of ₹10 (aggregating up to ₹54.66 Cr)
Offer for Sale-
Issue TypeBook Building - SME
Listing At NSE - SME
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersNarendra Narayanan, Meera Narendra, Sumukh Narendra

Vinyas Innovative Technologies Ltd IPO Lot Size

The Vinyas Innovative Technologies Ltd IPO lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹1,32,000).

Application LotsSharesAmount
Minimum1800₹1,32,000
Maximum1800₹1,32,000
  • Risks
  • Opportunities
  • Indigenous integrated and strategic defence and aerospace electronics solutions provider which is well positioned to benefit from the Make in India opportunity.
  • Innovation focussed business model.
  • Consistent track record of profitable growth due to a scalable business model.
  • Established and proven track record;
  • Leveraging the experience of its Promoter.
  • Experienced management team and motivated employees.
  • Cordial relations with its customers.

Company Financials

Vinyas Innovative Technologies Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-2024308.72320.7815.35
03-2023215.99238.857.34
03-2022221.49212.161.01
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Working Capital Requirements
  • General Corporate Purposes

Vinyas Innovative Technologies Ltd IPO Promoter Holding

Pre Issue Share Holding25.12%
Post Issue Share Holding18.5%

Vinyas Innovative Technologies Ltd IPO Subscription Status (Bidding Detail)

The Vinyas Innovative Technologies Ltd IPO is subscribed 28.8061 times on 3 October 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)----28.8061

Vinyas Innovative Technologies Ltd IPO Prospectus

Vinyas Innovative Technologies Ltd IPO Listing Date

Listing Date6 October 2023
BSE Script 88617
NSE SymbolVINYAS
Listing In NSE - SME
ISININE0OLS01010
IPO Price165
Face Value10

Company Contact Information

Vinyas Innovative Technologies Ltd
Plot # 19 Survey # 26& 273-P3rd Phase Koor.Ind.Area Hobali,Mysore-570018
Phone: +91 821 2404444
Email: secretarial@vinyasit.net
Website: www.vinyasit.com

Vinyas Innovative Technologies Ltd IPO Registrar

Phone:+91-11-40450193-197
Email: iSpo@skylinerta.com
Website: www.skylinerta.com

Vinyas Innovative Technologies Ltd IPO Lead Manager(s)

  1. Sarthi Capital Advisors Pvt Ltd

FAQ

What is the issue size of Vinyas Innovative Technologies Ltd IPO?

Vinyas Innovative Technologies Ltd IPO, which opens for subscription from to 3 October 2023 has an issue size of ₹54.66 crore. The issue type is book building issue.

I have pre-applied for Vinyas Innovative Technologies Ltd IPO. When will my order get placed?

In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

What are the open and close dates for Vinyas Innovative Technologies Ltd IPO?

Vinyas Innovative Technologies Ltd IPO Opens for subscription from 27 September 2023 to 3 October 2023

What is the lot size and minimum order quantity of the Vinyas Innovative Technologies Ltd IPO?

The lot size of Vinyas Innovative Technologies Ltd is 800 shares. Retail investors can subscribe to minimum 1 lot and maximum 1 lots. The minimum and maximum application value is ₹1,32,000 and ₹1,32,000 respectively.

What are the allotment dates for the Vinyas Innovative Technologies Ltd IPO?

Allotment date for Vinyas Innovative Technologies Ltd is 4 October 2023 and refund of application amount (in case allotment is not received) will begin from 5 October 2023. If your allotment goes through, then shares will be credited in your Demat account by 5 October 2023.

Who is the registrar of Vinyas Innovative Technologies Ltd IPO?

The registrar for Vinyas Innovative Technologies Ltd IPO is Skyline Financial Services Pvt. You can check your IPO allotment status on the registrar's website.

Where is the Vinyas Innovative Technologies Ltd IPO getting listed?

The shares of Vinyas Innovative Technologies Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)