The Vivaa Tradecom IPO started on September 27, 2023, and ended on October 4, 2023. Shares were allocated on October 9, 2023, and refund processes began on October 10, 2023. On October 11, 2023, the shares were credited to investors demat accounts. Vivaa Tradecom was officially listed on the stock exchange on October 12, 2023.
During the IPO, Vivaa Tradecom offered shares at a price range of ₹51 per share, and the lot size was 2000 shares. The total issue size was ₹7.99 crores, with ₹7.99 crores from new shares. The IPO was listed on the BSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Vivaa Tradecom Limited IPO Subscription Update Video
Vivaa Tradecom IPO Subscription Status
The Vivaa Tradecom IPO on September 29, 2023 was subscribed times, with the retail category being subscribed times, the other category being subscribed times.
Vivaa Tradecom IPO Basic Details
|Company Name||Vivaa Tradecom Limited|
|Domain of Company||Making and Selling Clothes|
|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|
About Vivaa Tradecom Limited
Vivaa Tradecom Limited started its journey in 2010. We’re in the business of making and selling clothes and garments. Our product range includes Denim Fabric and ready-to-wear items like Denim/Cotton Jeans for both men and women. We also handle Cotton Printing Jobs and trade in Printed Cotton Fabric.
In 2013, we expanded by acquiring the ongoing manufacturing business of Readymade Garments from M/s. Parikh Impex Private Limited through a Slump Sale Agreement. From then until 2022, we carried on with both manufacturing and trading. However, in 2022, we sold our manufacturing unit to Globe Textiles (India) Ltd. From April 2022 onwards, we’ve been focusing solely on trading.
Besides the garment industry, we’re looking to broaden our horizons. In March 2023, we partnered with Rushil Décor Limited to distribute VIR MDF Boards of various thicknesses and Prelam MDF Boards used in the furniture industry. Our distribution extends to Karnataka, Kerala, Delhi, Punjab, Haryana, Uttar Pradesh, Chandigarh, Himachal Pradesh, Jammu & Kashmir, Rajasthan, and Uttarakhand states in India.
Our valued clients include Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lajja Polyfab Pvt. Ltd., Nandan Denim Limited, Bajaj Impex, Reliance Retail Limited, and many more.
Vivaa Tradecom IPO Should you subscribe?
Vivaa Tradecom IPO More Details Click Here
Vivaa Tradecom IPO FAQs
What is the start and end date of Vivaa Tradecom IPO Subscription?
The Vivaa Tradecom IPO started on September 27, 2023, and ended on October 4, 2023.
When does Vivaa Tradecom IPO Subscription open?
The Vivaa Tradecom IPO open on September 27, 2023.
When does Vivaa Tradecom IPO Subscription close?
The Vivaa Tradecom IPO Close on October 4, 2023.
What is the allotment date of Vivaa Tradecom IPO?
The allotment date for Vivaa Tradecom IPO is October 9, 2023.
When is the initial refund date of Vivaa Tradecom IPO?
The initial Refund date for Vivaa Tradecom IPO is October 10, 2023.
When were the shares credited to investors demat accounts for the Vivaa Tradecom IPO?
The shares for the Vivaa Tradecom IPO were credited to investors demat accounts on October 11, 2023.
When will Vivaa Tradecom IPO be listed on the stock market?
Vivaa Tradecom IPO stock market will be listed on October 12, 2023 at 10 am.
What was the price range of the Vivaa Tradecom IPO shares?
The Vivaa Tradecom IPO shares were offered at a price range of ₹51 per share.
What was the lot size for the Vivaa Tradecom IPO shares?
The lot size for the Vivaa Tradecom IPO shares was 2000 shares.
What was the total issue size of the Vivaa Tradecom IPO?
The total issue size of the Vivaa Tradecom IPO was ₹7.99 crores.
How were the shares allocated among different types of investors for the Vivaa Tradecom IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Vivaa Tradecom IPO listed?
The Vivaa Tradecom IPO was listed on both the BSE SME.
What is the Vivaa Tradecom IPO Subscription Status?
Vivaa Tradecom IPO is subscribed Times.