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.
| Event | Date |
|---|---|
| Vinyas Innovative Technologies Ltd IPO Opening Date | 27 September 2023 |
| Vinyas Innovative Technologies Ltd IPO Closing Date | 3 October 2023 |
| Basis of Allotment | 4 October 2023 |
| Initiation of Refunds | 5 October 2023 |
| Credit of Shares to Demat | 5 October 2023 |
| Vinyas Innovative Technologies Ltd IPO Listing Date | 6 October 2023 |
Vinyas Innovative Technologies Ltd IPO Details
| Vinyas Innovative Technologies Ltd IPO Date | 27 September 2023 to 3 October 2023 |
| Vinyas Innovative Technologies Ltd IPO Face Value | ₹10 per share |
| Vinyas Innovative Technologies Ltd IPO Price | ₹162 to ₹165 per share |
| Vinyas Innovative Technologies Ltd IPO Lot Size | 800 |
| Issue Size | Shares of ₹10 (aggregating up to ₹54.66 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹54.66 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Narendra 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 | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 800 | ₹1,32,000 |
| Maximum | 1 | 800 | ₹1,32,000 |
- Strengths
- 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 Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 308.72 | 320.78 | 15.35 |
| 03-2023 | 215.99 | 238.85 | 7.34 |
| 03-2022 | 221.49 | 212.16 | 1.01 |
| 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 Holding | 25.12% |
| Post Issue Share Holding | 18.5% |
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)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 28.8061 |
Vinyas Innovative Technologies Ltd IPO Prospectus
Vinyas Innovative Technologies Ltd IPO Listing Date
| Listing Date | 6 October 2023 |
| BSE Script | 88617 |
| NSE Symbol | VINYAS |
| Listing In | NSE - SME |
| ISIN | INE0OLS01010 |
| IPO Price | ₹165 |
| Face Value | ₹10 |
Company Contact Information
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
Vinyas Innovative Technologies Ltd IPO Lead Manager(s)
- Sarthi Capital Advisors Pvt Ltd
FAQ
What is the issue size of Vinyas Innovative Technologies Ltd IPO?
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.