Incorporated in 1992, Ahmedabad based Vinny Overseas Limited is a company engaged in the business of processing of clothing fabrics. It procures Grey Fabric from the market and dyes the same as per the client's requirements. It is also engaged in Job-Work for wholesale cloth merchants and trades in grey cloth.
Vinny Overseas caters to both domestic and international clients and has been recognized as a "One Star Export House" by Director General of Foreign Trade, Ministry of Commerce and Industry.
In 2018, the company exported its products to 5 countries including UAE,
Iraq, Bahrain, Panama City and Sri Lanka. The revenue from exports constitutes approx. 6.20% of the total revenue of the company.
The company's processing unit with a capacity of processing 4,00,00,000 meter per annum is located at Ahmedabad.
The compnay has 76 employees on payroll and 143 contract workers.
The Company is promoted by Hiralal Parekh. He holds 27,78,400 Equity Shares representing 42.08% of the pre-Issue paid up Capital of the Company.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
| Total Assets | 6,420.39 | 4,904.91 | 4,434.41 | 4,040.35 | 3,963.63 | |
| Total Revenue | 13,054.15 | 9,833.520 | 9,830.42 | 8,735.22 | 8,059.09 | |
| Profit After Tax | 307.56 | 170.38 | 111.44 | 97.77 | 67.51 | |
The objects of the issue are-
1. Funding the working capital requirements
2. General corporate purposes.
| Issue Open | Sep 28, 2018 - Oct 3, 2018 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 2,596,000 Eq Shares of Rs 10 (aggregating up to Rs 10.38 Cr) |
| Face Value | Rs 10 Per Equity Share |
| Issue Price | Rs 40 Per Equity Share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | NSE SME |
No. of Times Issue Subscribed (BSE + NSE) | |||||||
|---|---|---|---|---|---|---|---|
As on Date & Time | |||||||
Shares Offered | 1,232,000 | 1,232,000 | 2,464,000 | ||||
Oct 3, 2018 17:00 | 1.97x | 1.24x | 1.61x | ||||
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Bigshare Services Pvt. Ltd » Report
Bigshare Services Pvt Ltd E-2 & 3,
Ansa Industrial Estate, Saki-Vihar Road,
Sakinaka, Andheri(E), Mumbai - 400 072
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
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