Vdeal System IPO
Open SmeCurrent GMP
₹26 (+23.21%)
Price Band
₹ 112 – 112
Lot Size
1200
Issue Size
₹18.08 Cr
Minimum Investment
₹268800 (2400 Shares)
Listing Date
03 September 2024
Subscription
-
About the Company
Vdeal System Limited is ISO 9001:2015 certified and provides solutions in Smart Low Voltage (LV) panels, Smart Medium Voltage (MV) panels, Smart Variable Frequency Drive (VFD) panels, Medium Voltage (MV) Soft Starters, Energy Management Systems (EMS), and Smart Programmable Logic Controller (PLC) panels. They also offer air-insulated and sandwich bus ducts, supported by in-house product design and development, manufacturing, system integration, and servicing of automation solutions. Their smart electrical control panels adhere to high international IEC standards of quality and safety.
The company is also driving the next wave of innovation by integrating Artificial Intelligence (AI) and Machine Learning (ML) into their solutions. They are developing AI and ML-driven innovations that can seamlessly incorporate the Internet of Things (IoT) into a cloud-based Software as a Service (SaaS) model.
The company’s product portfolio includes the Sense IoT Gateway, Reveal Sense Node, and REVNET IIoT Platform. The manufacturing unit is located in Bhubaneswar, Orissa. As of 20 August 2024, the company has 65 employees on its payroll.
Promoters
- Mr. Dhiraj Kochar
- Mrs. Tapaswini Panda
- Mr. Brahmananda Patra
- Reveal AI Technologies Private Limited
Promoters Holding
Holding Pre Issue
99.97%
Holding Post Issue
66.96%
Objects of the Issue
The company intend to utilize the issue proceeds to meet the following objects:
- 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 and
- To meet the Offer expenses
Address / Contact Info
Vdeal System Limited
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
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 27 August 2024
IPO Close Date
Thursday, 29 August 2024
Basis of Allotment
Friday, 30 August 2024
Initiation of Refunds
Monday, 02 September 2024
Credit of Shares to Demat
Monday, 02 September 2024
Listing Date
Tuesday, 03 September 2024 — NSE & BSE
Important Dates
Open Date
27 August 2024
Close Date
29 August 2024
Basis Of Allotment
30 August 2024
Listing Date
03 September 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 2727.93 | 1544.44 | 1142.33 |
| Revenue | 2625.08 | 2075.41 | 1623.96 |
| Profit After Tax | 311.38 | 110.09 | 23.1 |
| Net Worth | 628.75 | 341.83 | 231.73 |
| Reserve & Surplus | 301.1 | 312.04 | 201.95 |
| Total Borrowings | 937.67 | 621.02 | 639.51 |
EPS Pre
9.50%
EPS Post
6.37%
P/E Pre
11.79
P/E (Post Issue)
17.59x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 49.52 |
| ROCE % | 32.83 |
| Debt / Equity | 1.49 |
| RoNW % | 49.52 |
| PbW | 5.84 |
| Pat Margin % | 11.87 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 0 | 0 | 0 |
| Market Maker | 81600 | 5.06 | 0 |
| Others | 766200 | 47.47 | 0 |
| Retail Investors | 766200 | 47.47 | 0 |
| Total | 1614000 | 100 | 0 |
Subscription Status ( Sun, 25 Aug 24 09:17 AM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Non-Institutional | 0 | 891600 | 0x |
| Retail Investors | 0 | 5703600 | 0x |
| Total | 0 | 6595200 | 0x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 134,400.00 |
| Retail (Max) | 1 | 1,200 | 134,400.00 |
| S-HNI (Min) | 2 | 2,400 | 268,800.00 |
Registrar
Cameo Corporate Services Limited
044 - 2846 0390/91/92/93/94/95
cameo@cameoindia.com
https://cameoindia.com
Book Running Lead Managers
- Affinity Global Capital Market Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Vdeal System IPO is a Fixed price IPO worth ₹18.08 crores. The price band is ₹112 to 112 per share. The IPO opens on Tue, Aug 27, 2024 and closes on Thu, Aug 29, 2024. It will be listed on BSE and NSE. Cameo Corporate Services Limited is the registrar.
The Vdeal System IPO opens on Tue, Aug 27, 2024 and closes on Thu, Aug 29, 2024
Vdeal System IPO Price Band is ₹112 to 112.
Vdeal System IPO lot size is 1200, and the minimum amount required for application is ₹268800.
The minimum investment for Vdeal System IPO is approximately ₹268800 based on the upper price band.
To apply for the Vdeal System IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Aug 29, 2024. After submission, funds are blocked until the basis of allotment of Vdeal System IPO is finalised.
Vdeal System IPO issue size is ₹18.08 crores.
Vdeal System IPO allotment date is Sat, Jun 27, 2026.
The registrar for Vdeal System IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website for IPO allotment status, refund processing, and other queries related to Vdeal System IPO through their official website or helpline.
The Vdeal System IPO GMP (Grey Market Premium) is ₹26 as of Thu, Aug 29, 2024. Based on the upper price band of ₹112 per share, the estimated Vdeal System IPO listing price is ₹138, indicating a potential listing gain of approximately 31% over the issue price.