Thursday, September 27, 2018

Vinny Overseas IPO Dates Review, Price Band, Allotment & Market Lot

Vinny Overseas Limited is incorporated in 1992 based in Ahmedabad. The company is doing processing of clothing fabrics. The process grey fabric which they procure from the market and dye. The do job work of cloth wholesale and trading of grey clothes. They are doing domestic and international business. They export products to UAE, Panama, Sri Lanka, Iraq and more. They have over 75 employees on payroll. Vinny Overseas ipo is starting from 28-September and ends on 03-October. The price band is around Rs.40 with 3000 market lot. The ipo size is around 10.38 crore rupees.

IPO Review:
  • Good for Long Term
Vinny Overseas IPO Dates & Price Band:
  • IPO Open: 28-September-2018
  • IPO Close: 03-October-2018
  • IPO Size: Approx Rs 10.28 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.40 Per Equity Share
  • Listing on: NSE SME
  • Shares: 2,596,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 3,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,20,000
IPO Allotment & Listing:
  • Basis of Allotment: 09-October-2018
  • Refunds: 10-October-2018
  • Credit to demat accounts: 11-October-2018
  • Listing: 12-October-2018
Financial Results:
  Rs. in Crore
Revenue Expense PAT
2014 80.59 79.61 0.68
2015 87.35 85.87 0.98
2016 98.30 96.58 1.11
2017 98.34 95.63 1.70
2018 130.54 126.58 3.08
Vinny Overseas IPO Important Links:
Company Promoters:
  • Hiralal Parekh
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207

IPO Lead Managers:
  •  Pantomath Capital Advisors Pvt. Ltd.
Company Address:
Vinny Overseas Limited
B/H International Hotel
Narol-Isanpur Road, Narol
Ahmedabad Gujarat 382405
Phone: +91 79 2573 1900