Vinyas Innovative Technologies Limited

Company Profile
Company Name Vinyas Innovative Technologies Limited
Open Date 27-09-2023
Close Date 03-10-2023
Exchange NSE SME
Lot Size 800 Shares
Issue Price ₹ 162 to ₹ 165 per share
Issue Size 33,12,800 Equity Shares
Application Amount ₹ 1,32,000
Recommendation Apply
Vinyas Innovative Technologies Limited was originally incorporated in the year 2001 and has its registered office in Mysore. The Company is a provider of design, engineering and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in Electronic Industry. The company offers services such as Built-to-Print and Built-to-Specification. As of 21st September 2023, the Company has 382 Employees on its payroll.
(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 18,458.96 22,149.04 21,598.65
Net Assets 3,069.37 3,144.74 4,552.99
Total Borrowings 9,365.89 9,542.58 8,571.01
Total Revenue 20,780.50 21,216.30 23,885.42
Profit After Tax 123.15 100.88 734.35

Tentative Timeline

Opening Date 27-09-2023
Closing Date 03-10-2023
Basis of Allotment 06-10-2023
Initiation of Refunds 09-10-2023
Credit of Shares to Demat 10-10-2023
Listing Date 11-10-2023

Objects of the Issue

Capital Expenditure of the Company.
General Corporate Purpose
To meet the Issue Expenses.

Contact Information

Registered Office 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

Registrar Details

Name Skyline Financial Services Private Limited
Phone 02228511022

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer
Retail Shares Offered Not less than 35.00% of the Offer

Shareholding Pattern

Pre Issue Shareholding (Promoters) 40%
Post Issue Shareholing (Promoters) 29%

Contact Us to Enable Your Success!