The company was incorporated as Ananthnath Infracon Pvt. Ltd. in 2010. The current promoters took over the company in 2012, and the name of the company also changed to VIvaa Tradecom Pvt. Ltd.
The company engages in the business of manufacturing and trading textile fabrics and readymade garments. In 2013, Vivaa Tradecom acquired the readymade garment business of the Slump Sale Agreement.
Vivaa Tradecom Ltd. sells readymade garments to several reputed clients in PAN India. It caters to an esteemed clientele of Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lojja Polyfab Pvt. Ltd., Nandan Denim Ltd., Bajaj Impex, Reliance Retail Ltd. etc.
Vivaa Tradecom Ltd. IPO Details
Vivaa Tradecom Ltd. IPO dates have not yet been announced. We will update the page when the details are available.
Vivaa Tradecom Ltd. IPO will contain fresh shares worth Rs. 798.66 lakh. The IPO share price is fixed at Rs. 51 per equity share.
Vivaa Tradecom Ltd. IPO Objective
- To meet the working capital requirements
- Finance general corporate purposes
- Cover issue expenses
Should you invest in Vivaa Tradecom Ltd.?
- The company has top Indian clothing brands on its list of clients.
- It has a presence in PAN India through its clients.
- Vivaa Tradecom offers a diversified product range that includes denim readymade garments and fabrics, printed fabrics, etc.
Competitive Peers
Other players in the domain, as recognised by Vivaa Tradecom Limited are Thoma Scott (India) Ltd. and Bang Overseas Ltd.
IPO Financials
| Particulars | Period ending on September 30, 2022 | Year ending on March 31, 2022 |
|---|---|---|
| Revenue from Operations | 8,552.01 | 24,320.31 |
| Profit After Tax (PAT) | 12.68 | 44.39 |
| EPS | 54.54 | 190.92 |
Know before investing
Strengths
3The company is managed by experienced promoters.
Vivaa Tradecom’s client list contains the names of top Indian brands.
It has strong relationships with clients, and many of them are repeat clients.
Risks
3The top 10 buyers and sellers contribute the majority of revenue from operations.
The company sold its manufacturing unit during Covid-19 and is now only in the trading business.
Failing to recover the credit given by the company to its buyers can impact future cash flow.
