Vdeal System Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 765,600 (47%) | — | ₹857 Cr |
| Retail | — | 766,800 (48%) | — | ₹859 Cr |
| Market Maker | — | 81,600 (5%) | — | ₹9 Cr |
| Σ Total | — | 1,614,000 (100%) | — | ₹18,077 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹134,400 |
| Retail (Max) | 13 | 15,600 | ₹1,747,200 |
| S-HNI (Min) | 14 | 16,800 | ₹1,881,600 |
| B-HNI (Min) | 67 | 80,400 | ₹9,004,800 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 2,625 | 2,075 | 1,624 |
| Profit After Tax | 311 | 110 | 23 |
| Net Worth | 629 | 342 | 232 |
| Total Assets | 2,728 | 1,544 | 1,142 |
| Reserves & Surplus | 301 | 312 | 202 |
| Total Borrowing | 938 | 621 | 640 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
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 –
Company Overview
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.