Viviana Power Tech IPO GMP, Price, Review, Allotment & Analysis

Viviana Power Tech IPO date is fixed, The IPO will open on September 5 and will close on September 8, 2022. Viviana Power Tech is an NSE SME IPO to raise ₹8.80 crores via IPO. The Viviana Power Tech IPO price band is fixed at ₹55 with a market lot of 2000 shares.

Viviana Power Tech Limited is catering to the client’s requirement in the field of Power Transmission, Distribution, and Industrial EPC space. The company was founded in 2014 by directors Mr. Nikesh Choksi and Mr. Richi Choksi. The company achieved the milestone by completing 40 products of contracts worth 40+ crores in a span of five years.

Currently, they have projects worth more than 35 crores that include ±500 KV HVDC and 400/ 220/ 132/ 66/ 33 KV Transmission lines/ Sub Stations of private and Government utilities and industries. Viviana also undertakes turnkey jobs for Supply, Erection, Testing & Commissioning of all types of Electrical systems. They provide services like power Transmission, EHV substation, Testing and Commissioning of sub-station and Transmission, Power Distribution Network Establishment, Underground Cable laying, Upgradation, and modification of existing power systems. Some of their clients are BHEL, Adani, L&T, Suzlon, Cleanmax Solar, LS Cable, Essel Group, GETCO, VIHAV, and more. You can check Viviana Power Tech IPO subscription status and Viviana Power Tech IPO allotment status on their respective pages.

Objects of the Issue:

• To Meet Working Capital Requirement.
• To Meet the Issue Expenses.
• General Corporate Purpose.

Viviana Power Tech IPO Review

Viviana Power Tech IPO Form

How to apply Viviana Power Tech IPO? You can apply Viviana Power Tech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Viviana Power Tech IPO in the Invest section. The other option you can apply Viviana Power Tech IPO via IPO forms download via the NSE website. Check out the Viviana Power Tech forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Viviana Power Tech Company Financial Report

Peer Group

• KEC International Limited
• Kalpataru Power Transmission Limited

Company Promoters

• Mr. Nikesh Kishorchandra Choksi
• Mr. Richi Nikeshbhai Choksi
• Mrs. Priyanka Richi Choksi

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