IPO

Vdeal System Limited IPO

NSE SME

Listed On: Sep 3, 2024 at ₹ 170.0

₹ 134400 /1200 Shares

Check Allotment

Vdeal System IPO Details

27 Aug, 2024

Open Date

29 Aug, 2024

Close Date

30 Aug, 2024

Allotment Date

03 Sep, 2024

Listing Date

Issue Price

₹112 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Cameo Corporate Services Limited

List Price

170.0

Listing Date

2024-09-03

Market Lot

1200 Shares (₹134,400/-)

Lead Manager

Affinity Global Capital Market Private Limited

Issue Size

1,614,000 shares(aggregating up to ₹18.08 Cr)

Retail Portion

50%

Subscription

68.17 times

IPO Docs

DRHP RHP

Vdeal System IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved766,200766,2001,532,400
Day 1 - 27-08-24 06:00 PM1.22 x7.80 x4.51 x
Day 2 - 28-08-24 06:00 PM4.18 x22.44 x13.31 x
Day 3 - 29-08-24 06:00 PM61.35 x74.99 x68.17 x
Total No. of Applications: 48,267 (Approx)

Vdeal System Valuations

EPS Pre IPO

₹9.5/-

EPS Post IPO

₹6.37/-

P/E Pre IPO

11.79

P/E Post IPO

17.59

RoNW

49.52%

Vdeal System Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets2,727.931,544.441,142.33
Revenue2,625.082,075.411,623.96
Profit After Tax311.38110.0923.1

About The Company

Vdeal System Limited is an Integrated Electrical and Automation solution provider. The company specializes 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 offer 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 ISO 9001:2015 certified company.The company's product portfolio includes seveal Sense IoT Gateway, Reveal Sense Node and REVNET IIoT Platform.

The manufacturing unit of the company is situated in Bhubaneswar, Orissa.As of August 20, 2024, the company has employed 65 employees on its payroll.

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Vdeal System - Promoter(s)

Pre Issue Share Holding: 99.97%

Post Issue Share Holding: 66.96%


Company Promoter(s)

  1. Mr. Dhiraj Kochar, Mrs. Tapaswini Panda, Mr. Brahmananda Patra and Reveal AI Technologies Private Limited

Vdeal System IPO - Issue Objectives

  1. To meet the working capital requirements
  2. Prepayment and repayment of all or a portion of certain secured and unsecured loan availed by the company
  3. General Corporate Purpose
  4. To meet the Offer expenses

Other Details

Company Contact Details

Vdeal System

Plot No. 4/A, A, 4/B & 6, Janla Industrial Area, Khordha, Jatni - 752054

Phone: + 91 0674 291067

Email: compliance@vdealsystem.com

Website: http://www.vdealsystem.com/

Registrar Contact Details

Cameo Corporate Services Limited

Phone: +91-44-28460390

Email: ipo@cameoindia.com

Website: https://ipo.cameoindia.com/

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.