Vivo Collaboration IPO: is all set to make its debut on 30th Dec 21 with 2.26 cr offers a comprehensive suite of telephony services, covering voice-based solutions for enterprises.
Vivo collaboration IPO – overview
| IPO Dates | 20-23 Dec 2021 |
| IPO Price | INR 82 per share |
| Fresh issue | 536,000 shares (INR 10.09 crore) |
| Offer For Sale | Nil |
| Total IPO size | 536,000 shares (INR 10.09 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Vivo collaboration IPO – Tentative Dates
| IPO Offer Opening Date | 30 Dec 2021 |
| IPO Closing Date | 03 Jan 2022 |
| Finalization of Basis of Allotment | 06 Jan 2022 |
| Initiation of refunds | 07 Jan 2022 |
| Transfer of shares to demat accounts | 10 Jan 2022 |
| IPO Listing Date | 11 Jan 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Incorporated in 2012, Vivo Collaboration offers a comprehensive suite of telephony services, covering voice-based solutions of enterprises. The company delivers end-to-end Cloud Telephony solutions. The company enables enterprises to break free from traditional PSTN-based communication and adopt IP voice applications.
Vivo provides a solid, scalable, yet simple converged platform for enterprise communication. Vivo uses robust TDM networks and MPLS cloud services for its solutions. The company’s OPEX-based cloud platform caters to the specific needs of its diverse customer base.
Industry Overview
India is the world’s largest sourcing destination with the largest qualified talent pool of technical graduates in the world. India is the second fastest digitizing economy among 17 leading economies in the world. According to the Cloud Next Wave of Growth in India report, India’s cloud market is expected to grow three-fold to Rs. 49,621 crores (US$ 7.1 billion) by 2022, driven by the demand for Big Data, Data Analytics, Artificial Intelligence (AI) and Internet of Things (IoT). The IT industry accounted for 8% of India’s GDP in 2020. Exports from the Indian IT industry are expected to increase by 1.9% to reach US$ 150 billion in FY21. In 2020, the IT industry recorded 138,000 new hires. According to STPI (Software Technology Park of India), the software exports by its registered units increased by 7% YoY to reach Rs. 5 lakh crore (US$ 67.40 billion) in FY21 from Rs. 4.66 lakh crore (US$ 62.82 billion).
Competitive Strengths:
- Experienced management and motivated team
- End-to-end cloud telephony services provider
- One-window cloud access
- Commitment to quality
Objectives of the issue
- To meet working capital requirements
- General corporate purposes
- To meet issue expenses.
Company Financials
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 78.50 | 45.70 | 29.02 |
| Total Revenue | 148.87 | 100.25 | 90.43 |
| Profit After Tax | 31.87 | 5.80 | 0.42 |
Company Contact Information
Vivo Collaboration Solutions Ltd
315, Third Floor, HB Twin Tower,
Netaji Subhash Place, Pitampura,
North Delhi, Delhi-110034
Phone: 91-7838651690
Email: sanjay.mittal@vivo.ooo
Website: https://www.vivo.ooo/
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Lead Manager(s)
- Sarthi Capital Advisors Private Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
