Vivo Collaboration Solutions Limited IPO Detail
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. The company's services ensure zero communication loss and hence save precious management time.
Competitive Strengths:
- Experienced management and motivated team
- End-to-end cloud telephony services provider
- One-window cloud access
- Commitment to quality
Company Promoters
UC IT Managed Services Private LimitedIPO Details
| IPO Opening Date | Dec 20, 2021 |
| IPO Closing Date | Dec 23, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹82 per equity share |
| Market Lot | 1600 Shares |
| Min Order Quantity | 1600 Shares |
| Listing At | NSE SME |
| Issue Size | ₹4.40 Cr |
| Fresh Issue | ₹4.40 Cr |
| Offer for Sale | - |
| Retail Portion | 50% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 0.11x | 4.54x | 2.32x | |
| Day 2 | - | - | 0.65x | 11.64x | 6.14x | |
| Day 3 | - | - | 5.48x | 37.28x | 21.38x | |
| Day 4 | - | - | 292.86x | 273.08x | 282.97x |
IPO Tentative Timetable
The Vivo Collaboration Solutions Limited IPO open date is Dec 20, 2021, and the close date is Dec 23, 2021. The issue may list on Dec 31, 2021.
| IPO Open Date | Dec 20, 2021 |
| IPO Close Date | Dec 23, 2021 |
| Basis of Allotment Date | Dec 28, 2021 |
| Initiation of Refunds | Dec 29, 2021 |
| Credit of Shares to Demat Account | Dec 30, 2021 |
| IPO Listing Date | Dec 31, 2021 |
IPO Lot Size
The Vivo Collaboration Solutions Limited IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹131200).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1600 | ₹131200 |
| Maximum | 1 | 1600 | ₹131200 |
IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.40% |
Company Financials:
For the year/period ended (₹ in Millions)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 30-Jun-20 | 86.59 | 36.37 | 11.11 |
| 31-Mar-21 | 78.50 | 148.87 | 31.87 |
| 31-Mar-20 | 45.70 | 100.25 | 5.80 |
| 31-Mar-19 | 29.02 | 90.43 | 0.42 |
Objects of the Issue:
- To meet working capital requirements
- General corporate purposes
- To meet issue expenses
Vivo Collaboration Solutions Limited IPO Registrar:
Bigshare Services Pvt Ltd
Vivo Collaboration Solutions Limited IPO Lead Manager(s):
Sarthi Capital Advisors Private Limited
