Vinny Overseas IPO is all set to make its debut on 28th Sept 18 with 10.38 Cr 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.
Vinny Overseas IPO – overview
| IPO Dates | 28th sept – 3rd Oct 2018 |
| IPO Price | INR 40 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 2,596,000 shares (INR 10.38 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
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.
Objects of the Issue
- Funding the working capital requirements.
- General corporate purposes.
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 6,420.39 | 4,904.91 | 4,434.41 |
| Total Revenue | 13,054.15 | 9,833.520 | 9,830.42 |
| Profit After Tax | 307.56 | 170.38 | 111.44 |
Company Contact Information
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/
Vinny Overseas IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Vinny Overseas IPO Lead Manager(s)
- Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
