Vinny Overseas Limited IPO (Vinny Overseas IPO) Detail

Sep 28, 2018 - Oct 3, 2018

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.

Company Promoters:

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.

Company Financials:

Summary of financial Information (Restated)
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

Objects of the Issue:

The objects of the issue are-

1. Funding the working capital requirements
2. General corporate purposes.

Vinny Overseas IPO Details

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

Vinny Overseas IPO Subscription Status (Bidding Detail)

Vinny Overseas IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	NII	RII	Total
Shares Offered	1,232,000	1,232,000	2,464,000
Oct 3, 2018 17:00	1.97x	1.24x	1.61x

Vinny Overseas IPO Prospectus

› Draft Prospectus
› Red Herring Prospectus

Vinny Overseas IPO Rating

3.1

Rating:

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Vinny Overseas IPO Listing Date

› Listing Date: Thursday, October 11, 2018
› BSE Script Code:
› NSE Symbol: VINNY
› Listing In:
› ISIN: INE01KI01019
› Issue Price: Rs 40 Per Equity Share
› Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

	NSE SME
Issue Price:	Rs 40.00
Open:	Rs 40.50
Low:	Rs 40.50
High:	Rs 42.50
Last Trade:	Rs 42.40
Volume:	537,000

Vinny Overseas IPO Reviews / Ratings

Dilip Davda - Subscribe for Long Term

Company Contact Information

Vinny Overseas Limited
B/H International Hotel,
Narol-Isanpur Road,
Narol Ahmedabad Gujarat 382405
Phone: +91 79 2573 1900
Fax:
Email: cs@vinnyoverseas.in
Website: http://www.vinnyoverseas.in/

Vinny Overseas IPO Registrar

Bigshare Services Pvt Ltd   »  Report
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Fax: +91-22-6263 8299
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Vinny Overseas IPO Lead Manager(s)

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED » Report

Lead Manager Reports

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Vinny Overseas IPO Review / Comments

5. Small Investor Oct 15, 2018 13:06

Top Contributor (400+ Posts, 100+ Likes)

powerful technology 20% UP Today

4. RAJAKUMAR Sep 24, 2018 00:48

1 |

IPO Mentor (800+ Posts, 500+ Likes)

Steadily increasing Turnover and Profit.
It comes below 10pe
Its Eps is 4.66 on 31.3.18
RONW 19%
NAV 24.49 1.7 times of the book value.
Long Term Borrowings 10Cr. and Short Term Borrowing 8 Cr.
LM is Pantamoth. Very Good track record is plus point.
Textile company is draw back. Lets wait how HNI behaves.

4.1. Saurabh Bansal Sep 29, 2018 22:42

1 |

Sir...on pantamoth account in every ipo only 2 - 3 month have sustainable price . record up to the time where nhi or you can say LM , HNI investor money in that , once the HNI or lend manager able to sell share to general public then their price goes down .. you can track this thing In mere then half of the ipo...manage by them..

4.2. Saurabh Bansal Sep 29, 2018 22:46

1 |

Please do not go to HNI subscription as they are arrange by LM itself .... I can tell you name of many co which end up in purchasing listed share of their own after issue from there LM ARRANGED HNI....you can see co which listed 8-10 month back end up with increased promoter holding... if promoter already have money so why they dilute their equity..and 're purchased....doing 7-8% issue expenses..

3. spars Sep 27, 2018 14:27

Wow ! Too good fundamentals ....
Reasonable pricing ... I like it .😎

Being fan of pantomath 🤩I am bound to apply in this nse sme ipo but on the basis of HNI subs. fig. Of last days last hours...🧐🤓😊

Only concern is of market sentiments and current textile sectors .

2. Jainisha Sep 25, 2018 14:25

Can be apply for this IPO or not????

1. GrowYourMoney Sep 23, 2018 21:34

1 |

Avoid the Issue..
Nothing in Business that may reward Investors...

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