Virtuoso Optoelectronics Limited
BSE SMEListed On: Sep 15, 2022 at ₹ 117.0
₹ 224000 /4000 Shares
*Min Investment
02 Sep, 2022
Open Date07 Sep, 2022
Close Date12 Sep, 2022
Allotment Date15 Sep, 2022
Listing DateIPO Issue Details
- Issue Price ₹56 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 5,400,000 shares of ₹10(aggregating up to ₹30.24 Cr)
- Listing at BSE SME
- List Price 117.0
- Listing Date 2022-09-15
- Lead Manager Fedex Securities Limited
- Registrar Cameo Corporate Services Limited
IPO Details
- Retail Portion N/A
IPO Details
Virtuoso Optoelectronics Limited is an SME IPO, priced at ₹56 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Sep 2, 2022 to Sep 7, 2022. The allotment is expected to be finalized on Sep 12, 2022, and the tentative listing date is Sep 15, 2022.
The registrar of the IPO is Cameo Corporate Services Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,560,000 | 2,560,000 | 5,120,000 |
Day 1 02-09-22 06:00 PM | 0.08 x | 0.22 x | 0.15 x |
Day 2 05-09-22 06:00 PM | 1.05 x | 3.61 x | 2.33 x |
Day 3 06-09-22 06:00 PM | 7.58 x | 15.43 x | 11.50 x |
Day 4 07-09-22 06:00 PM | 112.87 x | 80.95 x | 96.91 x |
Valuations
Company Financials
| 31-Mar-19 | 31-Mar-20 | 31-Mar-21 | 30-Sep-21 | |
|---|---|---|---|---|
| Assets | 2634.67 | 5719.08 | 7989.63 | 9224.3 |
| Revenue | 5525.93 | 6825.49 | 11551.3 | 7398.54 |
| Profit After Tax | 53.87 | 140.89 | 196.45 | 87.21 |
About Company
Incorporated in 2015, Virtuoso Optoelectronics Limited manufactures consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's current product portfolio of consumer goods includes (I) Split Air Conditioners; (ii) Water Heaters; (iii) LED Lighting products; and (iv) other miscellaneous products such as injection moulding components for air conditioners.
Virtuoso Optoelectronics Limited serve under both original equipment manufacturer (OEM) and original design manufacturer (ODM) business models. Under the OEM model, the company manufacture and supplies products basis designs developed by the customers, who then further distribute these products under their brands. Under the ODM model, in addition to manufacturing, the company conceptualize and design the products which are then marketed to the customers' prospective customers under their brands.
The company has two manufacturing facilities which are strategically located in and around Nashik (Maharashtra).
Virtuoso Optoelectronics Limited also has a centralized R&D centre in Nashik (Maharashtra), focusing on the research and development of all aspects of OEM and ODM models including concept sketching, design refinement, generating optional features and testing.
- Promoter(s)
Sukrit Bharati
Pre Issue Share Holding : 100%
Post Issue Share Holding : %
IPO - Issue Objectives
Funding the incremental working capital requirements of the Company.
General corporate purposes.
IPO - FAQs
Ans. Virtuoso Optoelectronics Limited is a SME IPO. The issue is priced at ₹56 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 2, 2022, and closes on Sep 7, 2022. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Virtuoso Optoelectronics Limited opens on Sep 2, 2022 and closes on Sep 7, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Virtuoso Optoelectronics Limited is 5,400,000 shares of ₹10(aggregating up to ₹30.24 Cr).
Ans. The Virtuoso Optoelectronics Limited price band is set between ₹56 per equity share.
Ans. To apply for Virtuoso Optoelectronics Limited, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Virtuoso Optoelectronics Limited 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 Virtuoso Optoelectronics Limited is Sep 12, 2022.
Ans. The Virtuoso Optoelectronics Limited will be listed on Sep 15, 2022.
Ans. Follow the steps to check the Virtuoso Optoelectronics Limited allotment status online.
