Vdeal System Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

27 Aug 2024

Close Date

29 Aug 2024

Allotment

30 Aug 2024

Listing Date

03 Sep 2024

Exchange

NSE SME

Price Band

₹112

Listing Price

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Allotment Status

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Price Band

₹112

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

16,14,000 shares (aggregating up to ₹18.08 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹134,400

1 lot

Pre-IPO Holding

32,76,460 shares

Promoters

Post-IPO Holding

48,90,460 shares

Promoters

P/E (Pre)

11.79x

P/E (Post)

17.59x

EPS (Pre)

₹9.50

EPS (Post)

₹6.37

UPI Deadline

2024-08-29

Mandate

Anchor AllotmentMon, 26 Aug 2024

Basis of AllotmentFri, 30 Aug 2024

Refund InitiationMon, 02 Sep 2024

Demat CreditMon, 02 Sep 2024

Listing DayTue, 03 Sep 2024

UPI Mandate Deadline2024-08-29

Sale TypeFresh Capital

Net Offer to Public15,32,400 shares (aggregating up to ₹17.16 Cr)

Market Maker Quota81,600 shares (aggregating up to ₹0.9139 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Vdeal System Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Aug 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	81,600	—	₹0.91
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,614,000	100%	₹18.08

IPO Shares Offered

Vdeal System Ltd IPO total issue size: ₹18.08 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	81,600	₹0.91	5.06%
Total	1,614,000	₹18.08	100.00%

* Based on upper price band ₹112 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹112.00

Upper Band

Min Investment

₹134,400

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹268,800
Retail (Max — 13 Lots)	13	15,600	₹1,747,200
S-HNI (Min — 14 Lots)	14	16,800	₹1,881,600
B-HNI (Min — 68 Lots)	68	81,600	₹9,139,200

* Issue Price ₹112 × Lot Size 1,200 shares

IPO Schedule

Anchor

26 Aug 2024

✓ Done

IPO Open

27 Aug 2024

✓ Done

IPO Close

29 Aug 2024

✓ Done

Allotment

30 Aug 2024

✓ Done

Refunds

02 Sep 2024

✓ Done

Demat Credit

02 Sep 2024

✓ Done

Listing Day

03 Sep 2024

✓ Done

₹112.00

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Issue ₹112.00 Live Price

About Vdeal System Ltd

Incorporated in December 2009, 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.

Objects of the Issue

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

Vdeal System Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹1,624.0

31 Mar 2022

₹2,075.4

31 Mar 2023

₹2,625.1

31 Mar 2024

Profit After Tax (PAT)

₹23.1

31 Mar 2022

₹110.1

31 Mar 2023

₹311.4

31 Mar 2024

Particulars	31 Mar 2024	31 Mar 2023	31 Mar 2022
Revenue from Operations	2625.08	2075.41	1623.96
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	311.38	110.09	23.10
Net Worth	628.75	341.83	231.73
Total Assets	2727.93	1544.44	1142.33
Reserves & Surplus	301.10	312.04	201.95
Borrowings	937.67	621.02	639.51
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	11.87%	—	—

P/BV Ratio

5.84

RoE

49.52%

RoCE

32.83%

RoNW

49.52%

PAT Margin

11.87%

Debt/Equity

1.49

Issue Structure & Shareholding

Total Shares Offered16,14,000 (100.00%)

Net Offer to Public15,32,400 shares (aggregating up to ₹17.16 Cr)

Reserved for Market Maker81,600 shares (aggregating up to ₹0.9139 Cr)

Pre-Issue Promoter Holding32,76,460 shares

Post-Issue Promoter Holding48,90,460 shares

P/BV Ratio5.84

RoE49.52%

RoCE32.83%

Debt / Equity1.49

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Cameo Corporate Services Ltd

+91-44-28460390

investor@cameoindia.com

https://ipo.cameoindia.com/

Check Allotment

Book Running Lead Managers

Affinity Global Capital Market Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Vdeal System Ltd IPO subscribed? ▲

Vdeal System Ltd IPO is subscribed 1.00 times by Aug 29, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Vdeal System Ltd IPO retail subscription status? ▼

The Vdeal System Ltd IPO retail category is subscribed 1.00 times as of 29 Aug 2024. The retail portion is oversubscribed.

How to subscribe Vdeal System Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 27 Aug 2024 and closes 29 Aug 2024. Min investment: ₹134,400 (1 lot = 1,200 shares). UPI mandate: 2024-08-29.

How many times Vdeal System Ltd IPO subscribed? ▼

The Vdeal System Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Vdeal System Ltd IPO allotment? ▼

Check allotment on the registrar website (Cameo Corporate Services Ltd) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 30 Aug 2024. Refunds: on 02 Sep 2024.

When Vdeal System Ltd IPO will be listed? ▼

The Vdeal System Ltd IPO listing date is 03 Sep 2024, Tuesday. Listed on: NSE SME. Issue price: ₹112. Estimated listing: ₹112. GMP: NIL.

When Vdeal System Ltd IPO close? ▼

The Vdeal System Ltd IPO closes on 29 Aug 2024, Thursday. UPI mandate: 2024-08-29. Allotment: 30 Aug 2024. Listing: 03 Sep 2024.

Quick Actions

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Live Price LIVE

Last Price₹112.00

Change—

Issue Price₹112.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹112

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹134,400

GMPNIL

Est. Listing₹112

Subscribed1.00x

Open Date27 Aug 2024

Close Date29 Aug 2024

Allotment30 Aug 2024

Listing Date03 Sep 2024

ExchangeNSE SME

UPI Deadline2024-08-29