The Vivaa Tradecom IPO commenced on September 27, 2023, and concluded on October 4, 2023. The allotment of shares took place on October 9, 2023, and the initiation of refunds began on October 10, 2023. The shares were credited to the demat accounts of investors on October 11, 2023. Finally, the listing of Vivaa Tradecom on the stock exchange occurred on October 12, 2023.
The Vivaa Tradecom IPO was priced at ₹51 per share, with a lot size of 2000 shares. The total issue size was ₹7.99 crores, comprising a fresh issue of ₹7.99 crores. The IPO was listed on the BSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Vivaa Tradecom IPO Basic Details
|Company Name||Vivaa Tradecom Limited|
|Domain of Company||Making and Selling Clothes|
|Vivaa Tradecom IPO GMP Today||₹0.00|
|Vivaa Tradecom IPO Listing Gain||0.00%|
|Vivaa Tradecom IPO Open Date||September 27, 2023|
|Vivaa Tradecom IPO Close Date||October 4, 2023|
|Vivaa Tradecom IPO Allotment Date||October 9, 2023|
|Vivaa Tradecom IPO Listing Date||October 12, 2023|
|Face Value||₹10 per share|
|Price||₹51 per share|
|Lot Size||2000 Shares|
|Issue Size||1,566,000 shares of ₹10|
(aggregating up to ₹7.99 Cr)
|Fresh Issue||1,566,000 shares of ₹10|
(aggregating up to ₹7.99 Cr)
|Issue Type||Book Built Issue IPO|
|Listing At||BSE SME|
|Company Promoters||Mr. Mitesh Adani|
Vivaa Tradecom IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|28 September 2023||₹0||0.00%||–||–|
Vivaa Tradecom Limited IPO Details:
Vivaa Tradecom Limited started its journey in 2010, and it’s all about making and selling clothes.
They make things like Denim Fabric and ready-to-wear clothes, like Denim/Cotton Jeans for Men and Women. They also do Cotton Printing Jobs and trade Printed Cotton Fabric.
In 2013, they got into the business of making ready-to-wear clothes when they bought it from M/s. Parikh Impex Private Limited. They kept doing this until 2022 when they sold the manufacturing part to Globe Textiles (India) Ltd. After that, they focused on trading only.
But they didn’t stop there. Besides clothes, they decided to get into other businesses too. In March 2023, they partnered with Rushil Décor Limited to distribute VIR MDF Boards and Prelam MDF Boards. These are used in making furniture and they’re being distributed in various parts of India.
Vivaa Tradecom has some big customers like Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lajja Polyfab Pvt. Ltd., Nandan Denim Limited, Bajaj Impex, Reliance Retail Limited, and more.
Vivaa Tradecom IPO More Details Click Here
Vivaa Tradecom IPO FAQs
When is Vivaa Tradecom IPO open?
Vivaa Tradecom IPO will open on 27 September 2023.
When is Vivaa Tradecom IPO Close?
Vivaa Tradecom IPO will be closed on 4 October 2023.
What is Vivaa Tradecom IPO GMP Today?
The Vivaa Tradecom IPO GMP aka Grey Market Premium is ₹0.
What is Vivaa Tradecom IPO Kostak Rates Today?
The Vivaa Tradecom IPO Kostak Rate is ₹000.
What is Vivaa Tradecom IPO Subject to Sauda Price Today?
The Vivaa Tradecom IPO subject to sauda rates is ₹000.
Vivaa Tradecom IPO Expected Returns?
The Vivaa Tradecom expected return is 0.00%.
How much will be the listing gain in Vivaa Tradecom IPO?
Vivaa Tradecom IPO will get listing gain of 0.00%. (Approx.)