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VOVOEPLListed

Virtuoso Optoelectronics Limited

Fixed Price IPO · BSE

Price band
₹56 - ₹56
Lot size
2,000 shares
Issue amount
₹30.24 cr
Total subscription
96.83×
Current price₹513.7
Listing price ₹117
Watch live price ↗
Opens
2 Sept 2022
Closes
7 Sept 2022
Allotment
13 Sept 2022
Listing
15 Sept 2022

Offer at a glance

Issue overview

Issue size
54,00,000 shares
Face value
₹10 per share
Minimum investment
₹1,12,000
Fresh issue
₹30.24 cr
Offer for sale
₹0 cr
Registrar
Cameo Corporate Services Limited
Listing exchange
BSE
Maximum investment
₹1,12,000
Issue type
Fixed Price IPO
Shares before issue
1,49,82,516
Shares after issue
2,03,82,516

Lot sizes

CategoryLotsSharesAmount
RETAIL12,000₹1,12,000
HNI24,000₹2,24,000

Share reservation

Market Maker5.19%
NII (HNI)47.41%
RETAIL47.41%

Subscription & GMP

Subscription by category

Total subscribed96.83×

Subscription figures are awaiting publication.

GMP history

027.55528 Mar: ₹551 Dec: ₹55
28 Mar₹551 Dec

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05,00010,00015,000Sep-21 · Revenue: 7,398.54Sep-21 · Profit after tax: 87.21Sep-21Mar-21 · Revenue: 11,551.3Mar-21 · Profit after tax: 196.45Mar-21Mar-20 · Revenue: 6,825.49Mar-20 · Profit after tax: 140.89Mar-20Mar-19 · Revenue: 5,525.93Mar-19 · Profit after tax: 53.87Mar-19
RevenueProfit after tax

Company information

Company profile

Incorporated in 2015, Virtuoso Optoelectronics Limited manufactures consumer durable goods and offers end-to-end product solutions across both OEM and ODM models. Its portfolio includes split air conditioners, water heaters, LED lighting products, and various injection-moulded components. The company operates two strategically located manufacturing facilities in and around Nashik, Maharashtra, and also has a centralized R&D center that handles concept design, product development, feature enhancement, and testing for both OEM and ODM clients.

Strengths

  • Integrated Manufacturing: Robust infrastructure for efficient production.
  • Innovative Management: Experienced yet young team fostering creativity.
  • Product Innovation: Continuously develops new and unique products.
  • Economies of Scale: Optimizes cost efficiency through large-scale operations.
  • R&D & Design Strength: Drives ODM business with strong design capabilities.
  • Performance Incentives: Motivates employees through linked rewards.
  • Strong Customer Relations: Maintains trusted ties with diverse top-tier clients.

Promoters

Sukrit Bharati

Registrar & documents

Lead manager

Fedex Securities Private Limited

Registered office

Plot No. 7 M.I.D.C. Satpur, Nasik, 422007

025 3235 0461

[email protected]Company website ↗

Understanding VOEPL 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.