Multibagger SME IPO sets record date for 13:10 bonus shares and stock split

The company said in a stock exchange filing today that “Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that, the Board of Directors of the Company has passed the necessary resolution dated 14th February 2023 and has set the record date for Friday, February 24, 2023. 1. Sub-division of 1 equity share of Rs. 10/- into 10 Equity Shares of Rs. 1/- each fully paid. 2. Issue of Bonus Shares in the ratio of 13:10.

In Q3FY23, the company registered revenue from operations of 20.09 crore as against 24.79 Cr in Q3FY22, representing a decline of 18.95% YoY. Company recorded net expense 20.34 crore in the quarter ending December 2022 as compared to 26.74 crore was recorded in the quarter ending December 2021. The company posted a net loss In terms of profit before tax (PBT) as compared to net loss of 0.19 1.93 crore in the year-ago quarter. The company has a net loss As compared to a net loss of 0.27 cr in Q3FY23 1.09 crore in Q3FY22. Vinny Overseas’s EPS is in the red compared to a loss of 0.27 1.08 in the year-ago quarter.

Vinnie Overseas is an SME IPO launched at issue price 40 which went public on November 28, 2022 and has since appreciated by 577.54%, a record high. In 2023, it has a growth of 79.86% YTD. Vinnie Overseas shares closed today on NSE 264.85 each level, up 0.02% from previous close 264.80. The stock recorded a total volume of 20,756 shares as compared to 20-day average volume of 42,950 shares. The stock has appreciated 41.22% in the last month, and has gained 13.84% during the last five trading days.