3:5 bonus shares: Viviana Power Tech Ltd receives new contract awards and declared L1 projects totalling Rs 372,93,14,135
DSIJ Intelligence-1 / 24 Oct 2025/ Categories: Multibaggers, Trending
The stock has given multibagger returns of over 200 per cent from its 52-week low of Rs 598 per share.
Viviana Power Tech Limited has announced new contract awards and L1 projects totalling Rs 372,93,14,135 inclusive of Taxes. These significant achievements highlight the company's commitment to advancing India's renewable and clean energy infrastructure. The major project is a Letter of Intent (LOI) from Rajasthan Rajya Vidyut Utpadan Nigam Limited for setting up a 1000 MW/2000 MWh Standalone Battery Energy Storage System (BESS) at Bhopalgarh, Jodhpur, under a "BOO" Model, valued at Rs 3,02,45,76,000.00 over 12 years from commissioning, with Viability Gap Funding (VGF) of Rs 36 crore. Additionally, they secured a contract from Adani Green Energy Limited (AGEL) for a Rs 17,89,73,351 project involving the supply and service for the Construction of a 400 kV Transmission line (6.62 km) for a Wind Project in Gujarat.
The company also achieved L1 position on two projects for Gujarat Energy Transmission Corporation Limited (GETCO). These include the Rs 35,09,82,346.00 project for the supply, erection, testing & commissioning of the 220 kV D/C Virpore–Navapura TSS Line (36.443 RKM) under LTOA for Western Railway, and the Rs 17,47,82,438.00 project for the 66 kV S/C Shivalakha–Vajepar Line (30.3 RKM) under the Kisan Suryoday Yojana Phase II Scheme. The new awards and L1 positions significantly bolster Viviana Power Tech's Order Book, increasing the total value of unexecuted projects to over Rs 1,300.00 Crore, marking a substantial expansion of its footprint in high-value power and energy storage segments.
The company also announced a bonus issue of equity shares in a 3:5 ratio (3 new shares for every 5 existing shares) with a face value of Rs 10 each, to be issued out of its free reserves and/or securities premium account available as of March 31, 2025. The bonus shares are expected to be credited/dispatched on or before November 25, 2025.
About the Company
Viviana Power Tech Ltd is a prominent player in the realm of power transmission and distribution in India. Established in 2014, the company specialises in turnkey projects, encompassing supply, civil work, erection, testing, and commissioning of electrical systems. Their expertise extends across various segments, including high-tension transmission lines, substations, power distribution networks, and underground cable laying.
With a strong track record of successful projects, VPTL has earned the trust of both government and private entities. They have executed projects worth over Rs. 140 crores in eight states across India, showcasing their capabilities in handling large-scale undertakings. The company's clientele includes renowned names such as GETCO (Gujarat Energy Transmission Corporation Limited), Power Development Department (Jammu & Kashmir Government), BHEL, Cleanmax Enviro Energy Solutions, Adani Group, Suzlon, Waaree Renewable Technologies, etc.
The company has a market cap of over Rs 1,000 crore with an order book of Rs 1,300 crore as of October 24, 2025 and debtor days have improved from 142 to 113 days. The shares of the company have an ROE of 47 per cent and an ROCE of 43 per cent. The stock has given multibagger returns of over 200 per cent from its 52-week low of Rs 598 per share.
Disclaimer: The article is for informational purposes only and not investment advice.