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Vivaa Tradecom Limited

Incorporated in 2010, Vivaa Tradecom Limited is engaged in the manufacturing and trading of clothes and garments, including denim and cotton fabrics, readymade jeans for men and women, and printed cotton fabrics. The company acquired a readymade garments business from Parikh Impex Private Limited in 2013 and operated both manufacturing and trading activities until 2022, when it sold its manufacturing unit to Globe Textiles (India) Ltd and shifted focus entirely to trading. In March 2023, Vivaa expanded into the furniture segment by partnering with Rushil Décor Limited to distribute VIR and Prelam MDF Boards across multiple Indian states. Its clientele includes Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lajja Polyfab Pvt. Ltd., Nandan Denim Limited, Bajaj Impex, and Reliance Retail Limited.

₹51 - ₹511.77x sub
Listed Price40.80
Listing Gain-20.00%
TimelineFixed Price Issue IPO
Open27 Sep 2023
Close04 Oct 2023
Allotment09 Oct 2023
Listing12 Oct 2023

Quota Reservation Portions

Market MakerPortion: 82,000 shares
5.24%
Nii (hni)Portion: 7,42,000 shares
47.38%
RetailPortion: 7,42,000 shares
47.38%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,02,000
HNI2 lots / 4,000 shares
₹2,04,000

About the Company

Incorporated in 2010, Vivaa Tradecom Limited is engaged in the manufacturing and trading of clothes and garments, including denim and cotton fabrics, readymade jeans for men and women, and printed cotton fabrics. The company acquired a readymade garments business from Parikh Impex Private Limited in 2013 and operated both manufacturing and trading activities until 2022, when it sold its manufacturing unit to Globe Textiles (India) Ltd and shifted focus entirely to trading. In March 2023, Vivaa expanded into the furniture segment by partnering with Rushil Décor Limited to distribute VIR and Prelam MDF Boards across multiple Indian states. Its clientele includes Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lajja Polyfab Pvt. Ltd., Nandan Denim Limited, Bajaj Impex, and Reliance Retail Limited.

Company Promoters

Mr. Mitesh Adani.