Vivaa Tradecom Ltd - IPO

Vivaa Tradecom Ltd IPO Details

Initial public issue of 15,66,000 equity shares of face value of Rs. 10/- each of Vivaa Tradecom Limited (VTL or the Company or the Issuer) for cash at a price of Rs. 51/- per equity share including a share premium of Rs. 41/- per equity share (the Issue Price) aggregating to Rs. 7.99 crores (The Issue), of which 82,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 51/- per equity share including a share premium of Rs. 41/- per equity share aggregating to Rs. 0.42 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 14,84,000 equity shares of face value of Rs. 10/- each at a price of Rs. 51/- per equity share aggregating to Rs. 7.57 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 39.77% and 37.69% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 5.1 times of the face value.

Objective of issue

Long term Working capital requirement. General corporate purposes.

Vivaa Tradecom Ltd Contact Details

Vivaa Tradecom Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - account@vivaatrade.com

Website - www.vivaatrade.com