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Vinyas Innovative Technologies Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Vinyas Innovative Technologies Ltd IPO

Registered Office: Plot # 19 Survey # 26& 273-P,3rd Phase Koor.Ind.Area Hobali , Mysore - 570018 , Karnataka , India.
Phone : +91 821 2404444   Fax:
Email :  secretarial@vinyasit.net  
Website :  www.vinyasit.com
Initial public offering of up to 33,12,800* equity shares of face value of (Rs)10.00 each ("Equity Shares") of the company for cash at a price of (Rs)165 per equity share (including a share premium of (Rs)155 per equity share) ("Issue Price") aggregating up to (Rs)54.66 crores ("Issue"). This issue includes a reservation of up to 1,66,400 equity shares aggregating up to (Rs)2.75 crores (constituting up to 5.02% of the issue size of the company) for subscription by market maker ("Market Rs)10.00 each and the issue price is 16.50 times of the face value of the equity shares. *Subject to finalization of basis of allotment

Issue Money Payable On
Opens On Closes On Application Allotment
27-Sep-23 03-Oct-23 (Rs)165.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :800

  (Rs Cr) Lead Managers to the Issue
Project Cost 50.81
Sarthi Capital Advisors Pvt Ltd
Project Financed through Current Offer 54.66  
Post Issue Equity Share Capital 12.58  
Issue Price (Rs)165.00  
 
Projects
Working Capital RequirementsGeneral Corporate Purposes
Promoted By
Narendra Narayanan  
Meera Narendra  
Sumukh Narendra  
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt