Incorporated in 2014, Viviana Power Tech Limited is engaged in the business of Power Transmission, Distribution and Industrial EPC space projects (Engineering, Procurement and construction). The company provide a wide range of services such as Power Transmission, EHV substation, Testing and Commissioning of sub-station and Transmission, Power Distribution Network Establishment, Underground Cable laying, Upgradation and modification of existing power system.
Viviana Power Tech has a business module to suit operational needs. Business operations mainly comprise two main tasks: Supply and service. The company owns adequate machinery but for specific requirements of machinery, The company avails services on a hire basis.
The company is an ISO 9001:2015 certified organization for Quality Management systems, ISO 14001:2015 for Environmental Management systems and OHSAS 45001:2018 for Occupational Health and Safety Management systems.
Competitive Strengths:
- Organizational stability along with management expertise.
- Existing client relationship.
- Well-trained employee base.
- Quality Assurance.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 943.44 | 2009.82 | 120.8 | 285.41 | 262.41 |
| 31-Mar-21 | 1889.2 | 2262.21 | 98.62 | 384.03 | 361.03 |
| 31-Mar-22 | 2147.65 | 3299.73 | 290.44 | 674.48 | 651.48 |
| Amount in ₹ Lakhs |
Objects of the Issue
The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
1. To Meet Working Capital Requirement
2. General Corporate Purpose
3. To Meet the Issue Expenses
Viviana Power Tech IPO Details
| Viviana Power Tech IPO Date | Sep 5, 2022 to Sep 8, 2022 |
| Viviana Power Tech IPO Face Value | ₹10 per share |
| Viviana Power Tech IPO Price | ₹55 per share |
| Viviana Power Tech IPO Lot Size | 2000 Shares |
| Issue Size | 1,600,000 shares of ₹10 (aggregating up to ₹8.80 Cr) |
| Fresh Issue | 1,600,000 shares of ₹10 (aggregating up to ₹8.80 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| NII (HNI) Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
| Company Promoters | Mr. Nikesh Kishorchandra Choksi, Mr. Richi Nikeshbhai Choksi and Mrs. Priyanka Richi Choksi are the company promoters. |
Viviana Power Tech IPO Lot Size
The Viviana Power Tech IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹110,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹110,000 |
| Retail (Max) | 1 | 2000 | ₹110,000 |
Viviana Power Tech IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 73.20% |
Viviana Power Tech IPO Review
The company has posted reasonable growth for the last three fiscals, except for FY21, where it marked a minor setback in the bottom line on account of the pandemic. However, considering its track records and the orders on hand, an investment may be considered with medium to long-term perspectives. Read detail review…
Viviana Power Tech IPO Prospectus
Company Contact Information
Viviana Power Tech Limited
313-315, Orchid Plaza,
B/H McDonald, Sama-Savli Road,
Vadodara – 390024,
Phone: +91 8866797833
Email: info@vivianagroup.in
Website: http://www.vivianagroup.in/
Viviana Power Tech IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/