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

IPO Opening Date Sep 28, 2018
IPO Closing Date Oct 3, 2018
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹40 per equity share
Market Lot 3000 Shares
Min Order Quantity 3000 Shares
Listing At NSE SME
Issue Size2,596,000 Eq Shares of ₹10
(aggregating up to ₹10.38 Cr)

Vinny Overseas IPO Lot Size

The Vinny Overseas IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 3000 ₹120,000
Maximum 1 3000 ₹120,000

Vinny Overseas IPO Subscription Status (Bidding Detail)

The Vinny Overseas IPO is subscribed 1.61 times on Oct 3, 2018 17:00. The public issue subscribed 1.24 in the retail category, in the QIB category, and 1.97 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 Date

Listing Date Thursday, October 11, 2018
BSE Script Code
Listing In
IPO Price ₹40 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price: ₹40.00
Open: ₹40.50
Low: ₹40.50
High: ₹42.50
Last Trade: ₹42.40

Company Contact Information

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 Reviews / Ratings

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 equity share. The minimum order quantity is 3000 Shares.

The IPO opens on Sep 28, 2018, and closes on Oct 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 Sep 28, 2018 and closes on Oct 3, 2018.

Vinny Overseas IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

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, Edelweiss, 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 Thursday, October 11, 2018.

Vinny Overseas IPO Message Board

Ranked Members  Ranked Members

5. Small Investor |Oct 15, 2018 13:06
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
powerful technology 20% UP Today
4. RAJAKUMAR |Sep 24, 2018 00:48
IPO Guru IPO Guru (1400+ Posts, 1100+ 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
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
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 |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
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Avoid the Issue..
Nothing in Business that may reward Investors...