About the Vivaa Tradecom Limited IPO:
Vivaa Tradecom Limited, incorporated in 2010, is a company involved in both the manufacturing and trading of clothing and garments. They have a presence in the Indian market and cater to prominent clients, including Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., among others. Their primary products of trade are denim jeans garments and denim cloth. Here are some key points about their business:
1. Business Activities: Vivaa Tradecom Limited is engaged in both manufacturing and trading activities related to clothing and garments. This means they not only source and sell readymade garments but may also be involved in the production or assembly of these garments.
2. Client Base: They serve various prominent clients across India, which indicates their strong presence in the domestic market. Lifestyle International Pvt. Ltd. and Aditya Birla Fashion and Retail Ltd. are notable clients.
3. Product Portfolio: The company specializes in the trade of denim jeans garments and denim cloth. These products are likely to be a significant part of their revenue stream.
4. Sourcing Strategy: Vivaa Tradecom Limited sources garments and materials primarily based on client orders. However, they may also consider market supply and demand dynamics to optimize their margins. This suggests a flexible and market-responsive approach to their business.
5. Geographic Focus: Their major business activities are centered in Gujarat, which could be their primary operational base. It's possible that they have a strong presence or network in this region.
6. Credit Policy: An interesting aspect of their business is their extended credit period for both purchasing and selling trading materials. This means they have a deep understanding of the trading business and are comfortable with longer credit terms, which can be advantageous for managing cash flow and client relationships.
Now, Vivaa Tradecom Limited is coming out with its initial public offer (IPO). The Company proposes to utilise the Net Proceeds from the issue towards the following objects:
Here are key details about the Vivaa Tradecom Limited IPO: