243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Viney Corporation Limited

New Delhi

Date of DRHP : 30 Sep 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

Viney Corporation Basic Details

   Electric Equipments - OEM

Sub Sector: Design, manufacture, supply and export a wide array of automotive component products for two-wheeler vehicles

About the Company

Viney Corporation design, manufacture, supply and export a wide array of automotive component products for two-wheeler vehicles, threewheeler vehicles, passenger vehicles and commercial vehicles. Viney Corporation's product portfolio includes steering wheel switches, gear shifting paddles, light control units, brake pedal switches and sensors, multimedia plugs and airbag on/off switches (either visible switches or hidden switches) (Mechatronic Products); and wiring harnesses, fuse boxes, wire, cables, terminals, and connectors (Connective Products). Viney Corporation is a Tier-1 supplier for original equipment manufacturers (OEMs) for both Mechatronic Products and Connective Products, and a Tier-2 supplier and Tier-3 supplier for OEMs for Connective Products. As of March 31, 2024, one out of every six two-wheelers sold in India are fitted with one of their device wiring harness (Source: CRISIL Report). Viney Corporation's Mechatronic Products and Connective Products are supplied for both internal combustion engine (ICE) vehicles and electric vehicles (EVs). Further, Viney Corporation design are able to transition the products initially manufactured by them for luxury vehicle market to cater to mass-market vehicles. Viney Corporation ability to cater to both EVs and ICE automotive OEMs insulate them to an extent against transition in industry trends towards any particular sector and positions them to leverage growth in any category. Hence, Viney Corporation is a segment agnostic technology driven company.

Financial Summary (Annualised Basis)

Revenue :
1267.28 Cr.

PAT :
27.89 Cr.

Viney Corporation IPO Lead Manager(s)

Axis Capital Limited
ICICI Securities Limited

Viney Corporation IPO Registrar

Link Intime India Private Limited

Viney Corporation DRHP Details

Objects of issue

  • Re-payment and/or pre-payment, in full or in part, of certain borrowings availed by the Company
  • General corporate purposes

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FAQs

Viney Corporation operates in Electric Equipments - OEM and Design, manufacture, supply and export a wide array of automotive component products for two-wheeler vehicles. The Issue would be listed on MainBoard. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Viney Corporation is Book Building Process and Object of issue is

  • Re-payment and/or pre-payment, in full or in part, of certain borrowings availed by the Company
  • General corporate purposes

The DRHP (Draft Red Herring Prospectus) of Viney Corporation IPO was filed on 30 Sep 2024.

No, Viney Corporation IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Viney Corporation are not available now. You can apply in Viney Corporation IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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