Vdeal System Limited IPO
NSE SMEListed On: Sep 3, 2024 at ₹ 170.0
₹ 134400 /1200 Shares
Check Allotment27 Aug, 2024
Open Date29 Aug, 2024
Close Date30 Aug, 2024
Allotment Date03 Sep, 2024
Listing DateIssue Price
₹112 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Cameo Corporate Services LimitedList Price
170.0Listing Date
2024-09-03Market Lot
1200 Shares (₹134,400/-)Lead Manager
Affinity Global Capital Market Private LimitedIssue Size
1,614,000 shares(aggregating up to ₹18.08 Cr)Retail Portion
50%Subscription
68.17 timesVdeal System IPO Details
Vdeal System Limited IPO is an SME IPO, priced at ₹112 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 16,14,000 equity shares, aggregating up to ₹18.08 crores..
The IPO bidding window is open from Aug 27, 2024 to Aug 29, 2024. The allotment is expected to be finalized on Aug 30, 2024, and the tentative listing date is Sep 3, 2024.
The minimum lot size for retail investors is 1200 shares, with a minimum investment of ₹1,34,400. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,68,800.
Affinity Global Capital Market Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Cameo Corporate Services Limited, and Black Fox Financial Private Limited will act as the market maker for this issue.
Vdeal System IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 766,200 | 766,200 | 1,532,400 |
| Day 1 - 27-08-24 06:00 PM | 1.22 x | 7.80 x | 4.51 x |
| Day 2 - 28-08-24 06:00 PM | 4.18 x | 22.44 x | 13.31 x |
| Day 3 - 29-08-24 06:00 PM | 61.35 x | 74.99 x | 68.17 x |
Vdeal System Valuations
EPS Pre IPO
₹9.5/-EPS Post IPO
₹6.37/-P/E Pre IPO
11.79P/E Post IPO
17.59ROE
49.52%ROCE
32.83%Debt/Equity
1.49RoNW
49.52%PAT Margin
11.87Price to Book Value
5.84Vdeal System Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 2,727.93 | 1,544.44 | 1,142.33 |
| Revenue | 2,625.08 | 2,075.41 | 1,623.96 |
| Profit After Tax | 311.38 | 110.09 | 23.1 |
| Net Worth | 628.75 | 341.83 | 231.73 |
| Reserves & Surplus | 301.1 | 312.04 | 201.95 |
| Total Borrowing | 937.67 | 621.02 | 639.51 |
About The Company
In December 2009, Vdeal System Limited was incorporated as an Integrated Electrical and Automation solution provider. They specialize in Smart Low Voltage (LV) panels, Smart Medium Voltage (MV) panels, Smart Variable Frequency Drive (VFD) panels, Medium Voltage (MV) Soft Starter, Energy Management System (EMS), and Smart Programmable Logic Controller (PLC) panels. They also have air-insulated & Sandwich bus ducts. Their services include in-house product design & development, manufacturing, system integration, and servicing of automation solutions and smart electrical control panels that comply with high international IEC standards for quality and safety.The company is an ISO 9001:2015 certified company.
The following are some of the prominent products of the company: seveal Sense IoT Gateway, Reveal Sense Node, and REVNET IIoT Platform.
The manufacturing unit of the company is located in Bhubaneswar, Orissa.
As of August 20, 2024, the company has 65 employees on its payroll.
Vdeal System - Promoter(s)
Pre Issue Share Holding: 99.97%
Post Issue Share Holding: 66.96%
- Mr. Dhiraj Kochar, Mrs. Tapaswini Panda, Mr. Brahmananda Patra and Reveal AI Technologies Private Limited
Vdeal System IPO - Issue Objectives
- To meet the working capital requirements
- Prepayment and repayment of all or a portion of certain secured and unsecured loan availed by the company
- General Corporate Purpose
- To meet the Offer expenses
Other Details
Vdeal System
Plot No. 4/A, A, 4/B & 6, Janla Industrial Area, Khordha, Jatni - 752054Cameo Corporate Services Limited
Vdeal System IPO - FAQs
Ans. Vdeal System Limited IPO is a SME IPO. The issue is priced at ₹112 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Aug 27, 2024, and closes on Aug 29, 2024. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Vdeal System Limited IPO opens on Aug 27, 2024 and closes on Aug 29, 2024.
Ans. The size of Vdeal System Limited IPO is 1,614,000 shares(aggregating up to ₹18.08 Cr).
Ans. The IPO price band is set between ₹112 per equity share.
Ans. To apply for Vdeal System Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Vdeal System Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Vdeal System Limited IPO is Aug 30, 2024.
Ans. The Vdeal System Limited IPO will be listed on Sep 3, 2024.
Ans. Follow the steps to check the allotment status for Vdeal System Limited IPO here.
