Vdeal System IPO will open for subscription from 27 August 2024. The company aims for an issue size of ₹18.08 Cr through this IPO.
Company Overview
| Full name | Vdeal System Limited |
| Sector | Electrical |
| Industry | Electrical & Automation |
| Company Website | https://vdealsystem.com/ |
About Company
Vdeal System 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 quality and safety standards.
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.
The Objectives 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 IPO Timetable
| IPO Opening date | 27 August 2024 |
| IPO Closing | 29 August 2024 |
| Basis of Allotment | 30 August 2024 |
| Initiation Refund | 02 September 2024 |
| Credit to Demat Account | 02 September 2024 |
| Listing Date | 03 September 2024 |
Vdeal System IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹18.08 Cr – 1,614,000 shares |
| Fresh Issue | ₹18.08 Cr – 1,614,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer Price | ₹112 per share |
| Lot size | 1200 Shares |
| Market Maker portion | 81,600 shares |
| Shareholding pre-issue | 3,276,460 |
| Shareholding post-issue | 4,890,460 |
| Listing Exchange | NSE SME |
Vdeal System IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹134,400 |
| Retail (Max) | 1 | 1200 | ₹134,400 |
| HNI (Min) | 2 | 2,400 | ₹268,800 |
Vdeal System Offer Documents
Vdeal System IPO Reservation Details
| Retail Shares Offered | 50% of the net offer |
| Other Shares Offered | 50% of the net offer |
Vdeal System Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 16.18 | 20.72 | 26.22 |
| Expenses | 15.93 | 19.27 | 21.99 |
| Net income | 0.23 | 1.10 | 3.11 |
Vdeal System Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.70 | 3.36 | 9.50 |
| PE ratio | – | – | 11.79 |
| RONW (%) | 9.97 | 32.21 | 49.52 |
| NAV | 7.07 | 10.43 | 19.19 |
| ROCE (%) | 11.18 | 23.14 | 32.83 |
| EBITDA (%) | 8.63 | 11.58 | 20.44 |
| Debt/Equity | 2.76 | 1.82 | 1.49 |
Company Promoters
- Mr. Dhiraj Kochar
- Mrs. Tapaswini Panda
- Mr. Brahmananda Patra
- Reveal AI Technologies Private Limited.
Promoter Holding
| Pre Issue Share Holding | 99.97% |
| Post Issue Share Holding | 66.96% |
Vdeal System Offer GMP Update
Coming Soon
Vdeal System IPO Subscription Update
Coming Soon
Vdeal System IPO Allotment Status
Vdeal System IPO allotment status will be available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.
Vdeal System IPO Listing Details
| Listing Date | 03 September 2024 |
| BSE Scrip Code | Coming Soon |
| NSE Symbol | |
| ISIN | |
| Final Issue Price |
Listing Day Update
| Listing Exchange | NSE SME |
| Final Issue Price | Coming Soon |
| Open | |
| Low | |
| High | |
| Last Trade |
Vdeal System IPO Lead Manager(s)
AFFINITY GLOBAL CAPITAL MARKET PRIVATE LIMITED
20B, Abdul Hamid Street, East India House,
1st Floor, Room No. 1G, Kolkata – 700069
Phone: +91 33 4004 7188
Email: compliance@affinityglobal.in
Website: www.affinityglobalcap.in
Vdeal System Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700, 28460390
Email: ipo@cameoindia.com
Website: www.cameoindia.com
Vdeal System Contact Details
VDEAL SYSTEM LIMITED
Plot No. 4/A, 4/B & 6, Janla Industrial Area,
Jatni Khordha, Janla– 752054, Orissa, India
Phone: +91 0674 2910670
E-mail: compliance@vdealsystem.com
Website: www.vdealsystem.com
Vdeal System IPO FAQs
What is the Vdeal System offer size?
Vdeal System offer size is ₹ 18.08 crores.
What is the Vdeal System offer price band?
Vdeal System public offer price is ₹ 112 per share.
What is the lot size of Vdeal System IPO?
Vdeal System offer lot size is 1,200 shares.
What is Vdeal System Offer GMP today?
Vdeal System IPO GMP today is ₹ 43 per share.
What is the Vdeal System kostak rate today?
Vdeal System kostak rate today is ₹ NA per application.
What is the Vdeal System Subject to Sauda rate today?
Vdeal System Subject to Sauda rate today is ₹ 46,000 per application.
Final thoughts
Vdeal System IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
