Connect with us

Viviana Power Tech IPO

Viviana Power Tech Limited Logo

Viviana Power Tech IPO Incorporated in 2014, Viviana Power Tech Limited is engaged in the business of Power Transmission, Distribution and Industrial EPC space projects (Engineering, Procurement and construction). The company provide a wide range of services such as Power Transmission, EHV substation, Testing and Commissioning of sub-station and Transmission, Power Distribution Network Establishment, Underground Cable laying, Upgradation and modification of existing power system.

Viviana Power Tech has a business module to suit operational needs. Business operations mainly comprise two main tasks: Supply and service. The company owns adequate machinery but for specific requirements of machinery, The company avails services on a hire basis.

The company is an ISO 9001:2015 certified organization for Quality Management systems, ISO 14001:2015 for Environmental Management systems and OHSAS 45001:2018 for Occupational Health and Safety Management systems.

Competitive Strengths:

  • Organizational stability along with management expertise.
  • Existing client relationship.
  • Well-trained employee base.
  • Quality Assurance.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
Amount in ₹ Lakhs

Objects of the Issue

The Net Proceeds from the Fresh Issue will be utilized towards the following objects:

1. To Meet Working Capital Requirement

2. General Corporate Purpose

3. To Meet the Issue Expenses

IPO Details

Viviana Power Tech IPO DateSep 5, 2022 to Sep 8, 2022
Viviana Power Tech IPO Face Value₹10 per share
Viviana Power Tech IPO Price₹55 per share
Viviana Power Tech IPO Lot Size2000 Shares
Issue Size1,600,000 shares of ₹10
(aggregating up to ₹8.80 Cr)
Fresh Issue1,600,000 shares of ₹10
(aggregating up to ₹8.80 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
NII (HNI) Shares Offered50% of the net offer
Retail Shares Offered50% of the net offer
Company PromotersMr. Nikesh Kishorchandra Choksi, Mr. Richi Nikeshbhai Choksi and Mrs. Priyanka Richi Choksi are the company promoters.

IPO Timeline

IPO opens on Sep 5, 2022, and closes on Sep 8, 2022. The IPO bid date is from Sep 5, 2022 10.00 A.M. to Sep 8, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

Viviana Power Tech IPO Opening DateSep 5, 2022
Viviana Power Tech IPO Closing DateSep 8, 2022
Basis of AllotmentSep 13, 2022
Initiation of RefundsSep 14, 2022
Credit of Shares to DematSep 15, 2022
Viviana Power Tech IPO Listing DateSep 16, 2022

IPO Lot Size

The IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹110,000).

Retail (Min)12000₹110,000
Retail (Max)12000₹110,000

IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding73.20%

IPO Prospectus

Company Contact Information

Viviana Power Tech Limited
313-315, Orchid Plaza,
B/H Macdoland, Sama-Savli Road,
Vadodara – 390024,
Phone: +91 8866797833
Email: [email protected]

IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: [email protected]

Sorry, we couldn’t find any reviews, please check back later.

IPO Lead Manager(s)

  1. Beeline Capital Advisors Pvt Ltd