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×
- 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
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,12,000 |
| HNI | 2 | 4,000 | ₹2,24,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
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
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →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.