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 ₹10 (aggregating up to ₹10.38 Cr) |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹40 Per Equity Share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | NSE SME |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹120,000 |
| Maximum | 1 | 3000 | ₹120,000 |
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 |
| Listing Date | Thursday, October 11, 2018 |
| BSE Script Code | |
| NSE Symbol | VINNY |
| Listing In | |
| ISIN | INE01KI01019 |
| Issue Price | ₹40 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
Vinny Overseas Limited
B/H International Hotel,
Narol-Isanpur Road,
Narol Ahmedabad Gujarat 382405
Phone: +91 79 2573 1900
Email: cs@vinnyoverseas.in
Website: http://www.vinnyoverseas.in/
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Vinny Overseas IPO is an SME initial public offering of 2,596,000 equity shares of the face value of ₹10 aggregating up to ₹10.38 Crores.
The issue price of the IPO is ₹40 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.
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 application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
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.
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