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Vinyas Innovative Technologies Limited IPO (Vinyas Innovative Technologies IPO) Detail

September 27, 2023 - October 3, 2023

Vinyas Innovative Technologies IPO is a book built issue of Rs 54.66 crores. The issue is entirely a fresh issue of 33.13 lakh shares.

Vinyas Innovative Technologies IPO bidding started from September 27, 2023 and ended on October 3, 2023. The allotment for Vinyas Innovative Technologies IPO was finalized on Wednesday, October 4, 2023. The shares got listed on NSE SME on October 6, 2023.

Vinyas Innovative Technologies IPO price band is set at ₹162 to ₹165 per share. The minimum lot size for an application is 800 Shares. The minimum amount of investment required by retail investors is ₹132,000. The minimum lot size investment for HNI is 2 lots (1,600 shares) amounting to ₹264,000.

Sarthi Capital Advisors Private Limited is the book running lead manager of the Vinyas Innovative Technologies IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Vinyas Innovative Technologies IPO is Gretex Share Broking.

Refer to Vinyas Innovative Technologies IPO RHP for detailed information.

Vinyas Innovative Technologies IPO Details

IPO Date September 27, 2023 to October 3, 2023
Listing Date October 6, 2023
Face Value ₹10 per share
Price Band ₹162 to ₹165 per share
Lot Size 800 Shares
Total Issue Size3,312,800 shares
(aggregating up to ₹54.66 Cr)
Fresh Issue3,312,800 shares
(aggregating up to ₹54.66 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding post issue12,584,726
Market Maker portion166,400 shares
Gretex Share Broking

Vinyas Innovative Technologies IPO Reservation

Vinyas Innovative Technologies IPO offers 3,312,800 shares. 629,600 (19.01%) to QIB, 472,000 (14.25%) to NII, 1,101,600 (33.25%) to RII 943,200 (28.47%) to Anchor investors.

Investor Category Shares Offered
Anchor Investor Shares Offered943,200 (28.47%)
Market Maker Shares Offered166,400 (5.02%)
QIB Shares Offered629,600 (19.01%)
NII (HNI) Shares Offered472,000 (14.25%)
Retail Shares Offered1,101,600 (33.25%)
Total Shares Offered3,312,800 (100%)

Vinyas Innovative Technologies IPO Anchor Investors Details

Vinyas Innovative Technologies IPO raises Rs 15.56 crore from anchor investors. Vinyas Innovative Technologies IPO Anchor bid date is September 26, 2023. Vinyas Innovative Technologies IPO Anchor Investors list

Bid Date September 26, 2023
Shares Offered 943,200
Anchor Portion Size (In Cr.) 15.56
Anchor lock-in period end date for 50% shares (30 Days) November 3, 2023
Anchor lock-in period end date for remaining shares (90 Days) January 2, 2024

Vinyas Innovative Technologies IPO Timeline (Tentative Schedule)

Vinyas Innovative Technologies IPO opens on September 27, 2023, and closes on October 3, 2023.

IPO Open Date Wednesday, September 27, 2023
IPO Close Date Tuesday, October 3, 2023
Basis of Allotment Wednesday, October 4, 2023
Initiation of Refunds Thursday, October 5, 2023
Credit of Shares to Demat Thursday, October 5, 2023
Listing Date Friday, October 6, 2023
Cut-off time for UPI mandate confirmation 5 PM on October 3, 2023

Vinyas Innovative Technologies IPO Lot Size

Investors can bid for a minimum of 800 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) 1 800 ₹132,000
Retail (Max) 1 800 ₹132,000
HNI (Min) 2 1,600 ₹264,000
Lot Size Calculator

Vinyas Innovative Technologies IPO Promoter Holding

Mr. Narendra Narayanan, Mrs. Meera Narendra, and Mr. Narendra Sumukh are the company's promoters.

Share Holding Pre Issue 39.87%
Share Holding Post Issue 29.37%

About Vinyas Innovative Technologies Limited

Incorporated in 2001, Vinyas Innovative Technologies Limited provides design, engineering, and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in Electronic Industry.

The company offers Build to Print (B2P) and Build to Specification (B2S) services to the clients.

  • Build to Print (B2P) services involve the client providing the design for the product for which the company provides agile and flexible manufacturing services.
  • Build to Specification (B2S) services involve utilizing the company's own design capabilities to design the relevant product based on the specifications provided by the client and manufacturing the product.

Vinyas' solutions primarily comprise: (i) printed circuit board (PCB) assembly (PCBA), and (ii) box builds which are used in safety-critical systems such as cockpits, inflight systems, landing systems, and medical diagnostic equipment.

The Company is the preferred partner for Global OEMs and ODMs by offering end-to-end solutions ranging from Design for Manufacturability, Supply Chain Management, PCB assembly, advanced test solutions, Product Integration, and after-market support.

Company Financials

Vinyas Innovative Technologies IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets18,458.9522,149.0421,598.64
Revenue20,780.5021,216.3023,885.41
Profit After Tax123.15100.88734.34
Net Worth3,069.383,144.744,522.99
Reserves and Surplus2,695.172,770.544,178.79
Total Borrowing9,365.899,542.588,571.01
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Vinyas Innovative Technologies IPO is Rs 207.65 Cr.

KPI Values
ROE16.13%
ROCE35.20%
Debt/Equity1.88
RoNW16.13%
Pre IPO Post IPO
EPS (Rs) 19.62
P/E (x) 8.428.3

Objects of the Issue (Vinyas Innovative Technologies IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. Working Capital requirements of the company.
  2. General Corporate Purposes.
  3. To meet Issue Expenses.

Vinyas Innovative Technologies IPO Review (May apply)

[Dilip Davda]  VITL is a global player in providing related services for design, engineering, and electronics manufacturing. It posted static performance for FY21 and FY22, but reported boosted margins for FY23, and based on these earnings, the issue appears fully priced. Well-informed investors may park funds for medium to long-term rewards. Read detail review...


Vinyas Innovative Technologies IPO Subscription Status (Bidding Detail)

The Vinyas Innovative Technologies IPO is subscribed 43.24 times on October 3, 2023 7:29:00 PM. The public issue subscribed 21.27 times in the retail category, 42.74 times in the QIB category, and 95.16 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB42.74
NII95.16
Retail21.27
Total43.24

Total Application : 29,293 (21.27 times)

Vinyas Innovative Technologies IPO Rating

4
3.3
Rating:Rated 3.3 stars
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Vinyas Innovative Technologies IPO Listing Details

Listing Date October 6, 2023
BSE Script Code
NSE Symbol VINYAS
ISIN INE0OLS01010
Final Issue Price ₹165 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹165.00
₹330.00
₹313.50
₹346.50
₹346.50

Check IPO Performance…

Vinyas Innovative Technologies Limited Contact Details

Vinyas Innovative Technologies Limited
Plot No. 19, Survey No. 26 & 273-P,
3 rd Phase, Koorgalli Industrial Area,
Ilawala Hobali, Mysore - 570018
Phone: +91 821 2404444
Email: secretarial@vinyasit.com
Website: https://www.vinyasit.com/

Vinyas Innovative Technologies IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

Vinyas Innovative Technologies IPO - Buy or Not

Vinyas Innovative Technologies IPO Recommendation Summary

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

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Vinyas Innovative Technologies IPO FAQs

Vinyas Innovative Technologies IPO is a SME IPO of 3,312,800 equity shares of the face value of ₹10 aggregating up to ₹54.66 Crores. The issue is priced at ₹162 to ₹165 per share. The minimum order quantity is 800 Shares.

The IPO opens on September 27, 2023, and closes on October 3, 2023.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Vinyas Innovative Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Vinyas Innovative Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Vinyas Innovative Technologies IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Vinyas Innovative Technologies IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Vinyas Innovative Technologies IPO opens on September 27, 2023 and closes on October 3, 2023.

Vinyas Innovative Technologies IPO lot size is 800 Shares, and the minimum amount required is ₹132,000.

You can apply in Vinyas Innovative Technologies 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 Vinyas Innovative Technologies IPO will be done on Wednesday, October 4, 2023, and the allotted shares will be credited to your demat account by Thursday, October 5, 2023. Check the Vinyas Innovative Technologies IPO allotment status.

The Vinyas Innovative Technologies IPO listing date is on October 6, 2023.
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Vinyas Innovative Technologies IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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123 Comments

63. Coolinvestor |   Link |  Bookmark |October 11, 2023 11:24:16 AM
Expected listing with GMP was 232, Open with UC of 401 with 0 offers in place.
62. KAMMA SIVA RAMA KRISHNA |   Link |  Bookmark |October 7, 2023 3:44:21 PM
We have to accept that the market is unpredictable. I wonder whether all the gems, who claim that they have anticipated this much bumper listing, have applied with full force for this SME IPO? There may be a very few exceptions. Anyway, congratulations to all the allottees who have been benefitted remarkably with bumper profits. Non applicants/allottees need not worry for their non applying/ non allotment. Be positive. A good day of your turn is not far off from you. Just it’s a matter of time. That’s all. God blesses you with all the best. Thank you.
61. abc xyz |   Link |  Bookmark |October 6, 2023 8:11:13 PM
IPO Guru IPO Guru (1100+ Posts, 1100+ Likes)
Learnt from this ipo.

Fear of Retailers is money 4 operators.

Happy weekend.
60. G profit |   Link |  Bookmark |October 6, 2023 2:56:44 PM
IPO Mentor IPO Mentor (1000+ Posts, 300+ Likes)
Three listings today. All three are in UC. Remarkable day for allottees
59. SSingh |   Link |  Bookmark |October 6, 2023 9:56:17 AM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Super listing… congrats to all those who got allotments.. 🤗🤗
My assumptions were all wrong.. Screen is supreme.. 🫡🫡
59.4. SSingh |   Link |  Bookmark |October 6, 2023 1:21:40 PM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
I didn't apply.
I didn't buy in Preopen.
I won't buy now.

@CG addict You can take a call as per your risk appetite. A lot of opprotunities there. Just spend some time and analyze! :)
59.5. CG addict |   Link |  Bookmark |October 6, 2023 1:50:51 PM
@SSingh Noted sir. Thanks for the reply.
58. PKRAJ |   Link |  Bookmark |October 6, 2023 10:50:38 AM
Now these days the listing is at unexpected levels. Both yesterday's listing at better than expected levels.
Today's listing again at high level. Beyond every expectations. Share holding of promoters before less than 40% and after the issue less than 30% made no difference. Sector and financial all makes difference. Above all market is supreme and no body can predict it correctly.
Today's 100% positive listing gave a good sign of SME market. Such number of big issues gave good return to the investors. Exceptions are always there.
Now this month is not going to be big one in respect of SMEs.
Congratulations to all the members who got the allotment. BIG POSITIVE LISTING.
57. abc xyz |   Link |  Bookmark |October 6, 2023 10:14:12 AM
IPO Guru IPO Guru (1100+ Posts, 1100+ Likes)
Congratulations to all. As written yesterday the stock have performed exceptionally well due to Defense theme. Expecting 400 + level in the coming months.
Vinyas have made the super day for all Members of Vinyas.
57.1. Mahaveer Prasad Gupta |   Link |  Bookmark |October 6, 2023 10:43:16 AM
Great prediction
56. MVP |   Link |  Bookmark |October 6, 2023 10:48:32 AM
IPO Guru IPO Guru (1400+ Posts, 1000+ Likes)
Sarathi back in form.
55. Susheel |   Link |  Bookmark |October 6, 2023 10:45:50 AM
Thank you Vinyas. My first allotment in SME.
54. BLUE WHALE |   Link |  Bookmark |October 6, 2023 10:10:38 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
RAKHO aur BHOOL jao.
53. G profit |   Link |  Bookmark |October 6, 2023 9:57:53 AM
IPO Mentor IPO Mentor (1000+ Posts, 300+ Likes)
Didnot expect this bumper listing. Congrats to all allottees for money doubling. Myself not applied.
52. Premsukh |   Link |  Bookmark |October 6, 2023 9:51:45 AM
Got 1/10 in Retail ..... bumber Listing ...... DOUBLER......330/- HOLDING as of now
51. Manan Surana |   Link |  Bookmark |October 6, 2023 9:48:26 AM
Top Contributor Top Contributor (800+ Posts, 200+ Likes)
a single listing can turn around the image
50. MAMU |   Link |  Bookmark |October 6, 2023 9:47:54 AM
IPO Guru IPO Guru (1700+ Posts, 1100+ Likes)
With good volume
Seems upper circuit lock at 10
49. AMIT IND |   Link |  Bookmark |October 6, 2023 9:33:34 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Bumper listing ahead. keep your fingers crossed
49.1. IPO PLAYER |   Link |  Bookmark |October 6, 2023 9:42:23 AM
330
49.2. IPO PLAYER |   Link |  Bookmark |October 6, 2023 9:46:37 AM
Babu bhaiya paisa double
48. abc xyz |   Link |  Bookmark |October 6, 2023 9:33:32 AM
IPO Guru IPO Guru (1100+ Posts, 1100+ Likes)
http://www.nseindia.com/get-quotes/equity?symbol=VINYAS
47. jay here |   Link |  Bookmark |October 6, 2023 9:27:34 AM
IPO Mentor IPO Mentor (700+ Posts, 500+ Likes)
Bumper lidting expected.
All the best allottees.
46. BLUE WHALE |   Link |  Bookmark |October 6, 2023 9:16:16 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Thank you for your guidance. I will go contra.
45. ARJUN'S EYE |   Link |  Bookmark |October 6, 2023 9:14:27 AM
IPO Mentor IPO Mentor (800+ Posts, 600+ Likes)
Vinyas Innovative Technologies Ltd NSE SME IPO.
NSE Code:-19213
Symbol:-VINYAS
Group:-ST
ISIN:-INE0OLS01010      
Issue Price:-165/-
Market Lot:-800 Shares
Face Value:-10/-
Listing At:-NSE SME
44. SSingh |   Link |  Bookmark |October 6, 2023 7:31:07 AM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Expecting lower-than-expected listing here because of heavy IPO size, congestion in SME IPO space (too many listings back to back) and past performance of the LM.

After listing, I see more pressure. So take decisions wisely as per your risk appetite. 

Sometimes, GMPs and listing are 2 extreme ends!

Let’s see how this performs at 10AM.

All the best to those who got the allotment.

P.S. I neither apply nor I am planning to buy on listing. If flat listing happens then only will think if buying, that too on Monday or Tuesday.
44.1. SSingh |   Link |  Bookmark |October 6, 2023 8:09:11 AM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
‘Spectrum’ wala LM, ‘Spectrum’ wala lot size, ‘Spectrum’ jaisa price band.. Bas ‘spectrum’ na bane ye… yehi kaphi hai. MM is different here so thoda better hai usse.