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Vinny Overseas Limited IPO (Vinny Overseas IPO) Detail

September 28, 2018 - October 3, 2018

Vinny Overseas IPO is a fixed price issue of Rs 10.38 crores.

Vinny Overseas IPO bidding started from September 28, 2018 and ended on October 3, 2018. The shares got listed on NSE SME on October 11, 2018.

Vinny Overseas IPO price is ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Vinny Overseas IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Vinny Overseas IPO RHP for detailed information.

Vinny Overseas IPO Details

IPO Date September 28, 2018 to October 3, 2018
Listing Date October 11, 2018
Face Value ₹10 per share
Price ₹40 per share
Lot Size 3000 Shares
Total Issue Size2,596,000 shares
(aggregating up to ₹10.38 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion132,000 shares

Vinny Overseas IPO Reservation

Vinny Overseas IPO offers 2,596,000 shares. 1,232,000 (47.46%) to NII, 1,232,000 (47.46%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered132,000 (5.08%)
Other Shares Offered1,232,000 (47.46%)
Retail Shares Offered1,232,000 (47.46%)
Total Shares Offered2,596,000 (100%)

Vinny Overseas IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹120,000
Retail (Max) 1 3000 ₹120,000
Lot Size Calculator

About Vinny Overseas Limited

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 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 (Vinny Overseas IPO Objectives)

The objects of the issue are-

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

Vinny Overseas IPO Review (May apply)

[Dilip Davda]  

Although issue is priced reasonably, weak sentiment for the textile sector makes it a long term bet. Investors looking for long term investment may consider parking of funds.

Read detail review...

Vinny Overseas IPO Subscription Status (Bidding Detail)

The Vinny Overseas IPO is subscribed 1.61 times on October 3, 2018 5:00:00 PM. The public issue subscribed 1.24 times in the retail category, times in the QIB category, and 1.97 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Vinny Overseas IPO Prospectus

Vinny Overseas IPO Rating

Rating:Rated 3.1 stars
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Vinny Overseas IPO Listing Details

Listing Date October 11, 2018
BSE Script Code
Final Issue Price ₹40 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Vinny Overseas Limited Contact Details

Vinny Overseas Limited
B/H International Hotel,
Narol-Isanpur Road,
Narol Ahmedabad Gujarat 382405
Phone: +91 79 2573 1900

Vinny Overseas IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Vinny Overseas IPO - Buy or Not

Vinny Overseas IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Vinny Overseas IPO FAQs

Vinny Overseas IPO is a SME IPO of 2,596,000 equity shares of the face value of ₹10 aggregating up to ₹10.38 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.

The IPO opens on September 28, 2018, and closes on October 3, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Vinny Overseas IPO opens on September 28, 2018 and closes on October 3, 2018.

Vinny Overseas IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.

You can apply in Vinny Overseas IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Vinny Overseas IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vinny Overseas IPO allotment status.

The Vinny Overseas IPO listing date is on October 11, 2018.
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Vinny Overseas IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



5. Small Investor |   Link |October 15, 2018 2:06:01 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
powerful technology 20% UP Today
4. RAJAKUMAR |   Link |September 24, 2018 1:48:21 AM (1400+ Posts, 1200+ 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 |   Link |September 29, 2018 11:42:36 PM
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 |   Link |September 29, 2018 11:46:47 PM
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 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 |   Link |September 27, 2018 3:27:32 PM
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 |   Link |September 25, 2018 3:25:09 PM
Can be apply for this IPO or not????
1. GrowYourMoney |   Link |September 23, 2018 10:34:32 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
Avoid the Issue..
Nothing in Business that may reward Investors...