Vivo Collaboration Solutions Limited IPO

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i. Vivo offer comprehensive suite of telephony services, covering every voice-based solution that an enterprise needs. They deliver end-to-end Cloud Telephony solutions for Enterprises. Incorporated with the vision to redefine all voice-centric communication by enabling enterprises to break free from the legacy PSTN-based communication, Vivo takes IP voice applications to a whole new level.

ii. Vivo converged platform is solid, scalable and yet simple — solid as it harnesses the robustness of TDM networks; scalable as it rides a ubiquitous MPLS cloud, and simple because it neatly integrates everything in the background. The platform exquisitely differentiates and stands out among other competing services on account of its top-driven tech DNA, which ensures that even the minutest of development aspects are addressed to perfection.

Service Features
1. HD-quality audio conferencing redefines user experience
2. Cloud PBX leads to highly functionality virtual offices
3. Cloud call center makes distributed agents a reality
4. Ultra-capacity SIP trunks carries concurrent calls
5. Single window management –IVR for all geographical Language.

Competitive Strengths
i. Experienced Management and Motivated Team
ii. End-to-end cloud voice
iii. One-window cloud access

Objects of the Vivo Collaboration Solutions Limited IPO:

Our Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits of listing on the NSE Emerge. The objects of the Issue are: 1. To meet the working capital requirements of our Company 2. General Corporate Purpose 3. To meet Issue Expenses

Vivo Collaboration Solutions Limited IPO Details:

Open Date: Dec 20 2021
Close Date: Dec 23 2021
Total Shares: 536,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue
Issue Size: 4.40 Cr.
Lot Size: 1600 Shares
Issue Price: ₹ 82 Per Equity Share
Listing At: NSE Emerge

Promoters And Management:

Mr. Sanjay Mittal, aged 55 years, is a Bachelor of Engineering. (Electronics & Communication) from Netaji Subhash Institute of Technology, University of Delhi and an MBA from University Business School Panjab University, Chandigarh. He is a a wellorganized, experienced professional with strong analytical and interpersonal skills and an extensive business background encompassing expertise in starting and scaling up new businesses, marketing and sales management, relationship management, account management and overall business management. In the 31 years of his professional life he has garnered a reputation for integrity, dynamism, multi-tasking, excellence in performance, accountability and people management. An out-of-the-box thinker with the ability to manage, motivate and drive multi-functional, cross-cultural teams, his career record stands testimony to his innate adaptability, innovativeness, emotional intelligence and professional commitment. Mrs. Sonia Mittal, aged 51 years is the Director of the Company. An alumnus of MS University, Vadodara, she is currently Principal Consultant at Max Hospital, Shalimar Bagh, Delhi. Additionally, she is deeply involved with a wide range of social causes with regard to children as well as the vulnerable sections of society. With a highly driven and prolific persona, she is a committed visionary with a sound long term view on value creation for all stake holders in all fields of endeavour. Her reputation as a highly dedicated and humane doctor makes her presence a valuable one, as an embodiment of its social conscience. Mr. Dharam Pal Mittal, aged 87 years is a veteran of the Government sector, with extensive work experience in the Ministry of Home, Government of India. An alumnus of Allahabad University, with an M.Sc in Mathematics, his 34 year long tenure as a senior Government employee is distinguished by a well-deserved reputation for integrity, impeccable quality of work, excellent people skills and sound professional acumen.

Financials of Vivo Collaboration Solutions Limited IPO:

(Fig. in Crores)
Parameters June-21 March-21 March-20 March-19
Total Revenue 3.3 14 10 9
Profit After Tax 1.1 3.1 0.58 0.04

Comparison With Peers:

Company has shown peers such as Mphasis, Coforge and Birlasoft as its listed peers. But, these companies have no relation with the business of the company.

Recommendation on Vivo Collaboration Solutions Limited IPO:

Review and Recommendation of VIVO by InvestorZone is 2/10 Red Flags 1. VIVO has issued 7.395 Lakhs shares in FY21 and raised 73.95 Lakh. That means per share value is Rs. 10 per share. UC IT Managed Services Private Limited, the promoter of the company has purchased those shares and paid 73.95 Lakh to the VIVO. 2. Total Cash generated from the operation in FY21 was Rs. 372 Lakh, and 73.95 Lakh was raised by issuing share capital to UC IT Managed Services and whole of that amount is paid to UC IT Managed Services back in the form of Short-Term Loan. 3. Company has not done any investment in the last 3 years in assets and still company is growing at decent rates. (Why VIVO is giving Short-Term Loan to its promoter is not mentioned in DRHP anywhere)..... May be to give support to during Listing......

Lead Manager of Vivo Collaboration Solutions Limited IPO:

  1. Sarthi Capital Advisors Private Limited

Registrar of Vivo Collaboration Solutions Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

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/

Discussion on Vivo Collaboration Solutions Limited IPO:

1 Comment

    It looks a complete avoid as per fundamental analysis but go by pure play by operators you might get good listing gain.

    Reply

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