Vinyas Innovative Technologies Limited IPO
Vinyas Innovative Technologies Limited is centered around providing design, engineering, and electronics manufacturing services to global Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs) in the electronic industry. Here is a breakdown of their business model:
1. Service Offerings: Vinyas offers a wide range of products and services that cater to various industry segments within the electronic industry. Their services span from conceptualizing designs to engineering, manufacturing, and turnkey solutions for mission-critical applications.
2. Integrated Electronic Manufacturing Services: Vinyas positions itself as an integrated electronic manufacturing services provider. This means that they offer a comprehensive suite of services that cover the entire product development and manufacturing lifecycle.
3. Design and Engineering Expertise: The company leverages its extensive design capabilities and over three decades of domain expertise to provide engineering and design solutions to clients worldwide. They focus on multiple industries and offer both Build to Print (B2P) and Build to Specification (B2S) services.
4. B2P Services: Vinyas offers B2P solutions where clients provide their own product designs, and Vinyas handles the manufacturing process with agility and flexibility.
5. B2S Services: In the B2S model, Vinyas utilizes its design capabilities to create product designs based on client specifications and then manufactures the products accordingly.
6. Primary Solutions: Their primary solutions revolve around printed circuit board assembly (PCBA) and box builds. These products are used in safety-critical systems, including applications in cockpits, inflight systems, landing systems, and medical diagnostic equipment.
7. Innovation and Investment: Vinyas emphasizes continuous investment in strengthening its design and manufacturing expertise. They are recognized as a game changer in the electronic manufacturing services (EMS) industry due to their innovative and in-house solutions for complex manufacturing processes.
8. Quality and Integrity: The company places a strong emphasis on quality, integrity, and hard work in all its operations. This commitment has allowed them to establish a global network of suppliers and customers and build long-lasting partnerships.
9. Preferred Partner: Vinyas positions itself as the preferred partner for global OEMs and ODMs by offering end-to-end solutions, including Design for Manufacturability and supply chain management.
10. One-Stop-Shop Solution: They offer a one-stop-shop solution to customers worldwide, streamlining the product development and manufacturing process, making it convenient for clients to access a full range of services from design to production.
i. Among the preferred Indian Partners for the defence and aerospace industry with global accreditations
ii. Technology enabled and scalable end-to-end capabilities
iii. Business model with visibility of cash flows and ability to mitigate operational and technology risk
Objects of the Vinyas Innovative Technologies Limited IPO:
Vinyas Innovative Technologies Limited IPO Details:
|Open Date:||Sep 27 2023|
|Close Date:||Oct 03 2023|
|Face Value:||₹ 10 Per Equity Share|
|Issue Size:||₹54.66 Cr.|
|Lot Size:||800 Shares|
|Issue Price:||₹ 162 to ₹165 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Oct 05 2023|
Promoters And Management:
Financials of Vinyas Innovative Technologies Limited IPO:
Particulars ( In Lakhs )
|Revenue from Operations||20,503||20,774||23,452|
|Cost of Materials Consumed||16,805||15,054||17,947|
|Changes in Inventories||691||2,165||1,162|
|Employee benefits expenses||1,342||1,514||1,641|
|Depreciation & Amortisation||300||259||221|
Comparison With Peers:
|Name of the Company||Revenue (In Crore)||PAT (In Crore)||EPS ( in Rs)||P/E||CMP||Mcap (In Crore)|
|Vinyas Innovative Technologies Limited||235||7||5.83||28.3||165||208|
|Cyient DLM Limited||832||32||6.00||167.0||676||5,371|
|Centum Electronics Limited||923||7||7.62||169.0||1,405||1,811|