Vdeal System Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹112 - ₹112
- Lot size
- 1,200 shares
- Issue amount
- ₹18.08 cr
- Total subscription
- 71.17×
- Opens
- 27 Aug 2024
- Closes
- 29 Aug 2024
- Allotment
- 30 Aug 2024
- Listing
- 3 Sept 2024
Offer at a glance
Issue overview
- Issue size
- 16,14,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,34,400
- Fresh issue
- ₹18.08 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,34,400
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 32,76,460
- Shares after issue
- 48,90,460
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,34,400 |
| HNI | 2 | 2,400 | ₹2,68,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 8.59 | 691.43 |
| NIB | 8.57 | 530.09 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 9.5 | 3.36 | 0.7 |
| ROE | 49.52 | 32.21 | 9.97 |
| ROCE | 32.83 | 23.14 | 11.18 |
| RONW | 49.52 | 32.21 | 9.97 |
| PRE IPO(PE) | 11.79 | 0 | 0 |
| POST IPO(PE) | 17.59 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Vdeal System Limited, established in December 2009, is an ISO 9001:2015 certified company specializing in electrical and automation solutions. It designs and manufactures smart Low Voltage (LV) and Medium Voltage (MV) panels, Variable Frequency Drive (VFD) panels, Medium Voltage Soft Starters, Energy Management Systems (EMS), and Programmable Logic Controller (PLC) panels. The company also provides air-insulated and sandwich bus ducts, along with advanced IoT and IIoT solutions like the Sense IoT Gateway, Reveal Sense Node, and REVNET IIoT Platform. Based in Bhubaneswar, Orissa, Vdeal System Limited operates a dedicated manufacturing facility and, as of August 20, 2024, has a team of 65 employees.
Strengths
- Tailored Solutions: Vdeal System Limited specializes in creating customized electrical and automation products that perfectly fit the unique needs of its customers.
- Smooth Production & Timely Delivery: By following the best industry practices, the company ensures efficient manufacturing and a well-managed supply chain, guaranteeing on-time product delivery.
- Strategic Advantage & Affordable Pricing: With its manufacturing unit in Bhubaneswar, Orissa, Vdeal System Limited benefits from a prime location, allowing it to offer competitive pricing in the market.
Risk factors
- Key Team Members Matter: Afcons’ success relies on its leaders and experienced professionals. Losing key people or struggling to attract top talent could impact business operations and growth.
- Major Customers Play a Big Role: A large portion of revenue comes from a few key clients. Losing any of them could significantly affect the company's financial performance.
- Dependence on Top Suppliers: Afcons relies on its top 10 suppliers for essential raw materials. Any supply disruptions or rising costs could impact pricing, availability, and overall financial stability.
Promoters
Mr. Dhiraj Kochar
Mrs. Tapaswini Panda
Mr. Brahmananda Patra
Reveal AI Technologies Private Limited
Read the latest IPO market update.
Registrar & documents
Lead manager
Affinity Global Capital Market Private Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 4/A, A, 4/B & 6, Janla Industrial Area, Khordha, Jatni - 752054
+ 91 0674 291067
[email protected]Company website ↗Understanding VDEAL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.