Vdeal System Limited IPO Overview: Vdeal System Limited is a Bhubaneswar, Odisha-based electrical panel manufacturer and industrial automation and process instrumentation service provider. The company’s headquarters is in Janla Industrial Area Khordha, Jatni, Bhubaneswar.
Vdeal System IPO is going to be open to the public on August 27, 2024 and the closing date of the IPO is August 29, 2024. The share allotment date of the Vdeal System Limited IPO is August 30, 2024 and the listing date is September 3, 2024. The Vdeal System Limited IPO is a fresh-issue and SME Fixed Price Issue initial public offering (IPO), with a fresh issue size of ₹18.08 crore for 16.14 lakh shares. The price band of the Vdeal System IPO is set at ₹112 per share, and the lot size is 1200 shares per lot.
Table of Contents
You will find all the information regarding the company and its IPO on this page. This page will be updated regularly with the latest updates regarding the Vdeal System Limited IPO.
Vdeal System IPO Details
| IPO Date | August 27, 2024, to August 29, 2024 |
| Listing Date | Tuesday, September 3, 2024 |
| Face Value | ₹10 per share |
| Price | ₹112 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | ₹18.08 crore for 1,614,000 shares |
| Fresh Issue | ₹18.08 crore for 1,614,000 shares |
| Issue Type | Fixed Price Issue IPO |
| Overall Subscription | 69.15x times |
| Listing At | NSE SME |
Vdeal System IPO Important Dates
Vdeal System IPO opens on August 27, 2024, and closes on August 29, 2024.
The opening date of the Vdeal System IPO is Tuesday, August 27, 2024 and the closing date is Thursday, August 29, 2024. The basic allotment date of the IPO is Friday, August 30, 2024 and the listing date is Tuesday, September 3, 2024.
All the important dates regarding the Vdeal System IPO are mentioned below. Mark them on your calendar so you don’t miss any events.
| IPO Open Date | Tuesday, August 27, 2024 |
| IPO Close Date | Thursday, August 29, 2024 |
| Basis of Allotment | Friday, August 30, 2024 |
| Initiation of Refunds | Monday, September 2, 2024 |
| Credit of Shares to Demat | Monday, September 2, 2024 |
| Listing Date | Tuesday, September 3, 2024 |
Vdeal System IPO GMP Today
The last updated Grey Market Premium (GMP) for the Vdeal System IPO is up to ₹42. The offering price for the Vdeal System Limited IPO is ₹112 per share.
The following table displays the trend of the Vdeal System IPO’s GMP over the past few days.
| GMP Date | IPO Price | GMP Price |
| September 3, 2024 | ₹112 | ₹42 |
| September 2, 2024 | ₹112 | ₹42 |
| September 1, 2024 | ₹112 | ₹43 |
| August 31, 2024 | ₹112 | ₹43 |
| August 30, 2024 | ₹112 | ₹43 |
| August 29, 2024 | ₹112 | ₹48 |
| August 28, 2024 | ₹112 | ₹34 |
| August 27, 2024 | ₹112 | ₹60 |
| August 26, 2024 | ₹112 | ₹60 |
Vdeal System IPO Lot Size
Vdeal System IPO offers a minimum of 1200 shares per lot. Retail investors can apply for a minimum of 1 lot and a maximum of 1 lot, while high-net-worth individuals (HNIs) can apply for a minimum of 2 lots and a maximum of 4 lots.
The below table represents the future of minimum and maximum investment for retail investors and HNI concerning shares and amounts.
| 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 IPO Offred Quota
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the net offer |
| Other Shares Offered | 50% of the net offer |
How to apply Vdeal System IPO?
Net Banking:
- Login to Internet Banking: Access your Internet banking account using your credentials.
- Browse to the IPO Section: Once logged in, go to the ‘Investments’ or ‘IPO’ section.
- Select the “Vdeal System IPO”: Locate and select the Vdeal System Limited IPO from the list of available IPOs.
- Fill out the IPO bid form: Enter the required details, such as your bid quantity, price, CDSL ID, and DP account information.
- Make Payment and Confirm Application: Complete the payment process as per the instructions and submit your application. If the IPO is not allotted to you, you will receive a full refund.
Angel One:
Here’s a step-by-step guide for applying to the Vdeal System IPO using the Angel One app:
- Install the Angel One app:
- Click here to Download the Angel One app from the App Store (for iOS) or Google Play Store (for Android).
- Install and open the app on your device.
- Create an Account: or Log In to Your Account:
- Open the Angelone app.
- Tap on “Sign Up” or “Create Account.” After creating your account, log in using your username and password.
- Navigate to the IPOs section:
- Once logged in, look for the “IPOs” option on the main dashboard or menu.
- Select Vdeal System IPO and then click on “Apply Now.”
- Choose the lot size you want to apply for.
- Enter your UPI ID, where the payment for the IPO will be processed.
- Click on “Apply for IPO”
- Review your application details and click on “Apply for IPO” for the last step confirmation.
By following these steps, you will have successfully applied for the Vdeal System Limited IPO through the Angel One app.
Vdeal System Limited Financial Reports
Vdeal System Limited’s revenue has grown from ₹20.75 crore to ₹26.25 crore in FY 2024. Profit after tax nearly tripled, rising from ₹1.10 crore to ₹3.11 crore. However, the company also took on more debt, which went from ₹6.21 crore in FY23 to ₹9.38 crore in FY24.
| Financial Year | 31 Mar 2024 | 31 Mar 2023 |
| Assets | ₹27.28 crore | ₹15.44 crore |
| Revenue | ₹26.25 crore | ₹20.75 crore |
| Profit After Tax | ₹3.11 crore | ₹1.10 crore |
| Debts | ₹9.38 crore | ₹6.21 crore |
Vdeal System Limited Key Performance Indicators
| KPI | Values |
| ROE | 49.52% |
| ROCE | 32.83% |
| EBITDA Margin | 20.44% |
| PAT Margin | 11.87% |
| Debt to equity ratio | 1.49 |
| Earning Per Share (EPS) | ₹9.50 |
| Price/Earning P/E Ratio | ₹11.79 |
| Return on Net Worth (RoNW) | 49.52% |
| Net Asset Value (NAV) | ₹19.19 |
Vdeal System Limited Contact Details
Plot No. 4/A
A, 4/B & 6, Janla Industrial Area
Khordha, Jatni – 752054
Phone: +91-674291067
Email: [email protected]
FAQs
1. What is the GMP price of the Vdeal System Limited IPO?
The current GMP price of the Vdeal System IPO is ₹42.
2. On which exchange will the Vdeal System IPO be listed?
Vdeal System Ltd. IPO shares are to be listed on the NSE SME.
3. When is the allotment date for the Vdeal System IPO?
The allotment date of the Vdeal System Limited IPO is August 30, 2024.
4. What are the opening and closing dates of the Vdeal System IPO?
Vdeal System IPO will open on August 27, 2024 & close on August 29, 2024.
5. When is the listing date for the Vdeal System Limited IPO?
Vdeal System IPO’s listing date is September 3, 2024.
Conclusion
Vdeal System Limited is a Bhubaneswar, Odisha-based electrical panel manufacturer and industrial automation and process instrumentation service provider. The company’s headquarters is in Janla Industrial Area Khordha, Jatni, Bhubaneswar.
Vdeal System Limited’s revenue has grown from ₹20.75 crore to ₹26.25 crore in FY 2024. Profit after tax nearly tripled, rising from ₹1.10 crore to ₹3.11 crore. However, the company also took on more debt, which went from ₹6.21 crore in FY23 to ₹9.38 crore in FY24. Overall, the company is expanding well, so it should be good choise for investors to invest in this IPO.