Vinyas Innovative Technologies IPO Details ( Vinyas Innovative Technologies Limited IPO Review )
(27 Sep 2023 – 3 Oct 2023)
Vinyas Innovative Technologies Limited started in 2001. They provide design, engineering, and electronics manufacturing services to global companies that make electronic stuff.
They do two main types of services for their clients:
- “Build to Print” (B2P): Here, the client gives them the design for a product, and Vinyas makes it for them. They’re good at quickly making things.
- “Build to Specification” (B2S): In this case, Vinyas uses its own design skills to make a product based on what the client wants. Then they build it.
Vinyas mainly works on two things: putting together printed circuit boards (PCBAs) and making complete systems for important stuff like airplane cockpits, in-flight systems, landing gear, and medical equipment.
Lots of big companies like working with Vinyas because they offer a full package deal. They can help with everything from designing products that are easy to make, managing the supply chain, assembling PCBs, doing fancy tests, putting everything together, and supporting it even after it’s out in the world.
Vinyas Innovative Technologies Limited IPO Competitive Strength
- Strengthen our system integration operations and further expand our PCB assembly and system integration business
- Strengthen relationships with our existing customers and expand customer base
Vinyas Innovative IPO Financials Performance ( Results )
Vinyas Innovative Technologies Limited Financial Information ()
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 18,458.95 | 20,780.50 | 123.15 | 3.29 | 3,069.38 | 4,522.99 | 9,365.89 | |
| 31-Mar-22 | 22,149.04 | 21,216.30 | 100.88 | 2.70 | 3,144.74 | 2,770.54 | 9,542.58 | |
| 31-Mar-23 | 21,598.64 | 23,885.41 | 734.34 | 19.62 | 4,522.99 | 121.67 | 4,178.79 | 8,571.01 |
Objective of Vinyas Innovative IPO Issue
- Working Capital requirements of the company.
- General Corporate Purposes.
- To meet Issue Expenses.
Vinyas Innovative Technologies IPO Basic Details
| IPO Date | Sep 27, 2023 to Oct 3, 2023 |
| Listing Date | Friday, October 6, 2023 |
| Face Value | ₹10 per share |
| Price | ₹162 to ₹165 per share |
| Lot Size | 800 Shares |
| Issue Size | 3,312,800 shares of ₹10 (aggregating up to ₹54.66 Cr) |
| Fresh Issue | 3,312,800 shares of ₹10 (aggregating up to ₹54.66 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 9,271,926 |
| Share holding post issue | 12,584,726 |
| Company Promoters | Mr. Narendra Narayanan, Mrs. Meera Narendra, and Mr. Narendra Sumukh |
Vinyas Innovative Technologies IPO Reservation
| Anchor Investor Shares Offered | 28.47% of the Net Issue |
| Market Maker Shares Offered | 5.02% of the Net Issue |
| QIB Shares Offered | 19.01% of the Net Issue |
| NII (HNI) Shares Offered | 14.25% of the Net Issue |
| Retail Shares Offered | 33.25% of the Net Issue |
| Total Shares Offered | 100% of the Net Issue |
Vinyas IPO Timetable
Vinyas IPO will open on September 27, 2023 and close on October 3, 2023. You can join Vinyas IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 27 September 2023 (Wednesday) |
| Closing Date | 3 October 2023 (Tuesday) |
| Basis of Allotment | 4 October 2023 (Wednesday) |
| Initiation of Refunds | 5 October 2023 (Thursday) |
| Credit of Shares to Demat | 5 October 2023 (Thursday) |
| Listing Date | 6 October 2023 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 3 October 2023 |
Vinyas Innovative IPO Lot Size
For retail investors in Vinyas Innovative IPO, 800 shares will come in 1 lot or the minimum investment will be ₹132,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹132,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 800 | ₹132,000 |
| Retail (Max) | 1 | 800 | ₹132,000 |
| S-HNI (Min) | 2 | 1600 | ₹264,000 |
Vinyas Innovative Technologies IPO Promoter Holding
The company’s promoters include Mr. Narendra Narayanan, Mrs. Meera Narendra, and Mr. Narendra Sumukh.
| Pre Issue Share Holding | 39.87% |
| Post Issue Share Holding | 29.37% |
Vinyas Innovative Technologies Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 207.65 |
| Earning Per Share (EPS) | ₹19.62 per Equity Share |
| Net Asset Value (NAV) | ₹121.67 per Equity Share |
| P/E Ratio (P/E) (x) | 8.4 |
| Post P/E Ratio (P/E) (x) | 28.3 |
| Return on Net Worth (RoNW) (%) | 16.13 |
| Return on equity (ROE) (%) | 16.13 |
| Return on Capital Employed (ROCE) (%) | 35.20 |
| Debt/Equity Ratio | 1.88 |
Vinyas Innovative Technologies Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio |
| Vinyas Innovative Technologies Limited | Consolidated | 165 | 10.00 | 19.62 | – |
| Peer Group | |||||
| Cyient DLM Limited | Consolidated | 556.70 | 10.00 | – | – |
| Centum Electronics Limited | Consolidated | 1624.60 | 10.00 | 20.59 | 85.73 |
Vinyas Innovative Technologies IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 5 October 2023 | ₹63 | – | – |
| 4 October 2023 | ₹63 | – | – |
| 3 October 2023 | ₹63 | – | – |
Vinyas Innovative Technologies IPO Detail Video:
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Vinyas Innovative Technologies IPO Subscription Status (Bidding Detail)
The Vinyas Innovative Technologies IPO on October 3, 2023 at 7:30:00 PM was subscribed 43.24 times, with the retail category being subscribed 21.27 times, the NII (Non-Institutional Investor) category being subscribed 95.16 times, QIB (Qualified-Institutional Buyers) category being subscribed 42.74 times.
| Category | Subscription |
| QIB | 42.74x |
| NII | 95.16x |
| Retail | 21.27x |
| Total | 43.24x |
Vinyas Innovative Technologies IPO Prospectus
| Vinyas Innovative Technologies IPO DRHP | Download |
| Vinyas Innovative Technologies IPO RHP | Download |
| Vinyas Innovative Technologies IPO Anchor Investors Details PDF | Download |
Vinyas Innovative Technologies IPO Rating
| Our Rating | 3.0/5.0 |
Vinyas Innovative Technologies Company Contact Information
Vinyas Innovative Technologies Limited
Registered Office: Plot No. 19, Survey No. 26 & 273-P, 3rd Phase Koorgalli Industrial Area, Ilawala Hobali, Mysore-570018, Karnataka
Tel. No: +91 821 2404444
E-mail: secretarial@vinyasit.net
Website: www.vinyasit.com
Contact Person: Mr. Subodh M R, Company Secretary & Compliance Officer
The Promoters of Our Company is Mr. Narendra Narayanan, Mrs. Meera Narendra and Mr. Sumukh Narendra
Vinyas Innovative Technologies IPO Registrar
Skyline Financial Services Private Limited
CIN: U74899DL1995PTC071324
Registered Office: D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New Delhi-110020
Tel. No.: +91-11-40450193-197
Email: ipo@skylinerta.com
Investor Grievance E-Mail: grievances@skylinerta.com
Contact Person: Mr. Anuj Rana
Website: www.skylinerta.com
SEBI Registration No.: INR000003241
Vinyas Innovative Technologies IPO Lead Manager
Sarthi Capital Advisors Private Limited
CIN: U65190DL2012PTC238100
Registered Office: 401, 4th Floor, Manek Plaza, 167, Vidyanagari Marg,
Kalina, Santacruz (E), Mumbai – 400 098
Tel No.: +91 22 2652 8671/ 72
Email Id: compliance@sarthiwm.in
Website: www.sarthiwm.in
Contact Person: Mr. Deepak Sharma
SEBI Registration No.: INM000012011
Vinyas Innovative Technologies IPO FAQs
What is the lot size of Vinyas Innovative Technologies IPO?
The total size of Vinyas Innovative Technologies IPO is ₹54.66 crores and this is a complete fresh Issue.
When will Vinyas Innovative Technologies IPO start?
Vinyas Innovative Technologies IPO will open from 27 September 2023 and IPO will close on 3 October 2023.
What is the open date of Vinyas Innovative Technologies IPO?
Vinyas Innovative Technologies IPO will open date from 27 September 2023.
What is the last date ( close date ) of Vinyas Innovative Technologies IPO?
Vinyas Innovative Technologies IPO will close from 3 October 2023.
What is the price band of Vinyas Innovative Technologies IPO?
Vinyas Innovative Technologies IPO price band is ₹162 to ₹165. ( Upper Price Band: ₹165, Lower Price Band: ₹162 )
What is the minimum amount required to apply for Vinyas Innovative Technologies IPO?
The minimum investment for retailers to apply for Vinyas Innovative Technologies IPO is ₹132,000 and the maximum investment is ₹132,000.
What is going on gray market premium of Vinyas Innovative Technologies IPO?
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How much is the GMP of Vinyas Innovative Technologies IPO?
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What is the allotment date of Vinyas Innovative Technologies IPO?
The allotment date of Vinyas Innovative Technologies IPO is 4 October 2023.
How to check allotment status in Vinyas Innovative Technologies IPO?
To check the allotment status of Vinyas Innovative Technologies IPO, first of all go to the registrar website by clicking here, select your bad Vinyas Innovative Technologies IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Vinyas Innovative Technologies IPO?
The listing date of Vinyas Innovative Technologies IPO is 6 October 2023.
How much will be the listing gain in Vinyas Innovative Technologies IPO?
View listing gain of Vinyas Innovative Technologies IPO by Clicking Here
How much time Vinyas Innovative Technologies IPO is subscribed?
Total 43.24 times subscribed in Vinyas Innovative Technologies IPO out of which 21.27 times subscription was done in retail quota, 95.16 times subscription in NII quota and 42.74 times subscription in QIB quota.
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