Read the necessary information on Vinyas Innovative IPO Allotment Status & Date, GMP Today, and Price from here. To make suitable investments for an IPO, it is mandatory to know the appropriate details. Thus, we will be discussing in detail Vinyas Innovative IPO Allotment Status & Date further in this article.
Vinyas Innovative IPO Allotment Status & Date
Vinyas Innovative focuses on the design, manufacturing, and engineering of electronics. The company is gradually leading towards the global value according to the market capitalization. If we consider the profits for the Fiscal year 2022 and 2023, then it was Rs 212.16 crores and Rs 238.85 crores, respectively.
Vinyas Innovative IPO Allotment started, and end dates are 27 Sept to Oct 3, 2023. By now, several investors have purchased the shares with the book-built issue of Rs 54.66 crores. The expected Vinyas Innovative IPO Allotment Date is 4 October. The investors will get the appropriate information from the upcoming sections of this article.
Vinyas Innovative IPO GMP Today
The main goal of the company is to provide B to P and B 2 S services to the clients. These quality-assured services are a major reason that most investors are buying the IPO subscription. With the increase in revenue of the company, the investors would also be receiving the potential benefits.
Investors can check the listing on NSE. They must refer to the official or the relevant portal only. Rs 162 to 165 is Vinyas Innovative IPO GMP Today.
Vinyas Innovative IPO Allotment Status & Date Overview
| Article Title | Vinyas Innovative IPO Allotment Status & Date |
| Company Name | Vinyas Innovative |
| Services provided by the company | B to P and B 2 S services to the potential clients |
| Vinyas Innovative IPO GMP Today | Rs 162 to 165 |
| IPO Allotment Start and End Date | 27 Sept to Oct 3, 2023 |
| Fiscal Year 2022 and 2023 Profits | Rs 212.16 crores and Rs 238.85 crores |
| Book-built Issue | Rs 54.66 crores |
| Listing on | NSE |
| Allotment Date | 4 October 2023 |
| Lot Size | 800 Shares |
| Face Value | Rs 10 per share |
| Registrar | Skyline Financial Services Private Ltd |
Min lot size for an investment is 800 shares. Those who have not purchased still have some time left with them to invest properly. They can get help from a concerned expert to get guidance on the same.
Retail min and max for lot size 1 amount to Rs 132,000, and that of HNI minimum is Rs 264,000 for lot size 2. 39.87% is the shareholding pre-issue, and 29.37 is shareholding post issue for your reference.
Vinyas Innovative IPO Objectives
Each company has its own objectives to achieve the overall success. The main objective of Vinyas Innovative is to improve the market value. No doubt, there are a lot of competitors from which the firm has to move ahead. The company generates a monthly/annual bill of expenses that has to be met, and with IPO, the amount becomes manageable. Lastly, the corporate issues need to be considered. Thus, IPO GMP is applied. We believe that the company will soon acquire the targeted economic value.
Vinyas Innovative IPO Allotment Date
The schedule for the allotment is already set by the concerned authorities, which we have shared in the table below:
| Particulars | Date |
| IPO Open and Close Date | 27 Sept to Oct 3, 2023 |
| Allotment Date | Oct 4, 2023 |
| Refunds Initiate Date | Oct 5, 2023 |
| Demat Credit Share | Oct 5, 2023 |
| Listing | Oct 6, 2023 |
The investors are advised to seek guidance from a financial expert. Also, they can further check the reviews of the company and get the necessary knowledge of the initial public offering before investing. As you know, share market comes with unexpected risks. Therefore, you should be careful with the money that you are utilising on an IPO GMP.