Vivaa Tradecom Incorporated in 2010 was primarily involved in the trading of textile fabrics and ready-made garments. In 2013, the company expanded its operations by acquiring the ongoing manufacturing business of ready-made garments through a Slump Sale Agreement with M/s. Parikh Impex Private Limited. This acquisition included goodwill, the brand name, know-how, as well as all assets and liabilities, along with trained laborers.
Vivaa Tradecom engages in both the manufacturing and trading of clothing and garments. The company has a history of selling ready-made garments to various reputable clients across India, including Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lajja Polyfab Pvt. Ltd., Nandan Denim Limited, Bajaj Impex, Reliance Retail Limited, among others.
Notably, denim jeans garments and denim cloth constitute a significant segment of their trading activities. The company directly procures ready-made garments, cotton, and jeans garments from the market, distributing these products to customers. Starting from April 2022, their primary business activities have been concentrated with buyers and sellers based in Ahmedabad. While they often make purchases based on client orders, they also engage in strategic inventory management by purchasing and storing garments and clothes to capitalize on market supply and demand dynamics for improved margins. Typically, Vivaa Tradecom operates with credit terms exceeding 100 days for both purchases and sales. Currently, their main trading operations are concentrated within Gujarat.
Vivaa Tradecom IPO Complete Details:
Vivaa Tradecom IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP OF Vivaa Tradecom is Around 00 Rs.
Objects Of Issue:
- Requirement for Working Capital
- Corporate Objectives and General Purposes
- Covering Expenses of the Public Issue Meeting
Promoters:
Mitesh Adani:
- Position: Promoter and Managing Director of the company.
- Age: 59 years.
- Qualification: Matriculate.
- Experience: Over 25 years of experience in the business of Textile goods.
- Responsibilities: Key managerial person responsible for business expansion, meeting customer demand, and overseeing company administration and management.
FAQs:
When Vivaa Tradecom IPO is Opening?
Vivaa Tradecom IPO is Opening on 27 September 2023(Tuesday).
When Vivaa Tradecom IPO is Closing?
Vivaa Tradecom IPO is Closing on 04 October 2023(Wednesday).
What is the IPO Issue Size of Vivaa Tradecom?
The IPO Issue Size of Vivaa Tradecom is 7.99 Crore.
Price Band of Vivaa Tradecom IPO?
The price Band of Vivaa Tradecom IPO is 51 rupees per share.
What is the minimum investment for Vivaa Tradecom IPO?
The minimum investment for Vivaa Tradecom IPO is 102,000 Rupees.
Allotment Date of Vivaa Tradecom IPO?
The Allotment of Vivaa Tradecom IPO is on 09 October 2023(Monday).
Listing Date of Vivaa Tradecom IPO?
The Listing Of Vivaa Tradecom is Scheduled on 12 October 2023(Thursday).
One Should Apply for Vivaa Tradecom IPO or Not?
Avoid
How to apply for Vivaa Tradecom IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Vivaa Tradecom IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Vivaa Tradecom IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Vivaa Tradecom IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Vivaa Tradecom IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Vivaa Tradecom IPO from the list ——–> Click on Vivaa Tradecom IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is Vivaa Tradecom IPO’s Lead Manager?
Interactive Financial Services Ltd is the Lead Manager of Vivaa Tradecom.
Where To Check the Allotment of Vivaa Tradecom IPO?
The allotment status for the Vivaa Tradecom IPO will be accessible on the Bigshare Services Pvt Ltd Website.
Vivaa Tradecom IPO is going to be listed at?
Vivaa Tradecom IPO is going to be listed at BSE SME
What is the Lot Size of the Vivaa Tradecom IPO?
The lot size of Vivaa Tradecom IPO is 2000 Shares.
What is the EPS of Vivaa Tradecom IPO?
The EPS of Vivaa Tradecom is 11.07.
What is the P/E Ratio of Vivaa Tradecom IPO?
P/E Ratio of Vivaa Tradecom is 47.66