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 Limited is the company promoter.
Company Financials:
| Particulars | For the year/period ended (₹ in Millions) | |||
|---|---|---|---|---|
| 30-Jun-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 86.59 | 78.50 | 45.70 | 29.02 |
| Total Revenue | 36.37 | 148.87 | 100.25 | 90.43 |
| Profit After Tax | 11.11 | 31.87 | 5.80 | 0.42 |
Objects of the Issue:
- To meet working capital requirements
- General corporate purposes
- To meet issue expenses
Vivo Collaboration IPO 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 | 536,000 Eq Shares of ₹10 (aggregating up to ₹4.40 Cr) |
| Fresh Issue | 536,000 Eq Shares of ₹10 (aggregating up to ₹4.40 Cr) |
Vivo Collaboration IPO Lot Size
The Vivo Collaboration IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹131,200).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1600 | ₹131,200 |
| Maximum | 1 | 1600 | ₹131,200 |
Vivo Collaboration IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.40% |
Vivo Collaboration IPO Review
The issue price is very tempting based on its recent performances. Its comparison with listed peers is surprising. The sudden boost in bottom lines raises eyebrows and also a concern for sustainability going forward. Considering all these, risk seeker/cash surplus investors may consider parking their funds for the medium to long term.
Vivo Collaboration IPO Subscription Status (Bidding Detail)
The Vivo Collaboration IPO is subscribed 6.14 times on Dec 21, 2021 5:00:00 PM. The public issue subscribed 11.64 times in the retail category, times in the QIB category, and 0.65 times in the NII category.
| Category | Subscription (times) |
|---|---|
| NII | 0.65 |
| Retail | 11.64 |
| Total | 6.14 |
Company Contact Information
Vivo Collaboration Solutions Limited
315, Third Floor, HB Twin Tower,
Netaji Subhash Place, Pitampura,
North Delhi, Delhi-110034
Phone: 91-7838651690
Email: sanjay.mittal@vivo.ooo
Website: https://www.vivo.ooo/
Vivo Collaboration IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com