Vdeal System IPO open date is August 27, 2024 and the IPO will close on August 29, 2024. Vdeal System is a Fixed Price Issue. The company to raise around ₹18.08 crores via IPO that comprises fresh issue of ₹18.08 crores and offer for sale up to [.] equity shares with face value of ₹10 each.
Vdeal System IPO price band is ₹112 per share. The retail quota is 50%, QIB is 0%, and HNI is 50%. Vdeal System IPO to list on NSE on September 3, 2024. The allotment of Vdeal System IPO date is August 30, 2024.
The company reported revenue of ₹26.25 crores in 2024 against ₹20.75 crore in 2023. The company reported profit of ₹3.11 crores in 2024 against profit of ₹1.10 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Vdeal System IPO Details
| IPO Open Date: | August 27, 2024 |
| IPO Close Date: | August 29, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹112 Per Share |
| Issue Size: | Approx ₹18.08 Crores, 1,614,000 Equity Share |
| Fresh Issue: | Approx ₹18.08 Crores, 1,614,000 Equity Share |
| Offer for Sale: | [.] |
| Issue Type: | Fixed Price Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than 0% |
| NII Quota: | Not more than 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Vdeal System IPO Market Lot
The Vdeal System IPO minimum market lot is 1200 shares with ₹134,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹134,400 |
| Retail Maximum | 2 | 1200 | ₹134,400 |
| HNI Minimum | 3 | 2400 | ₹268,800 |
Vdeal System IPO Dates
The Vdeal System IPO date is August 27 and the close date is August 29. The Vdeal System IPO allotment will be finalized on August 30 and the IPO listing on September 3.
| IPO Open Date: | August 27, 2024 |
| IPO Close Date: | August 29, 2024 |
| Basis of Allotment: | August 30, 2024 |
| Refunds: | September 2, 2024 |
| Credit to Demat Account: | September 2, 2024 |
| IPO Listing Date: | September 3, 2024 |
Promoters of Vdeal System
The promoters of the company are Mr. Dhiraj Kochar, Mrs. Tapaswini Panda, Mr. Brahmananda Patra and Reveal AI Technologies Private Limited.
About Vdeal System
Vdeal System Ltd. is a leading provider of solutions in Electrical Panels, Process Instrumentation, Industrial Automation, and Industrial IoT (I-4). With over 20 years of experience, they have specialized in engineering and system integration for solving customers’ needs or problems. As a Premium System Integrator, they have been ranked the best in the Eastern region by various MNCs and customers.
Established in 2005 by Mr. Dhiraj Kochar, Vdeal System Ltd. offers customized solutions based on process requirements, with highly acclaimed technocrats and engineering experts in their team. Their office and manufacturing facility is located in Janla Industrial Area, Jatni, Khurda (Odisha). The company is an authorized system integrator of ABB India Ltd and an Authorized Solution Provider for the Odisha region.
Vdeal System Company Financial Report
The company reported revenue of ₹26.25 crores in 2024 against ₹20.75 crores in 2023. The company reported a profit of ₹3.11 crores in 2024 against a profit of ₹1.10 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹16.24 | ₹15.93 | ₹0.23 | ₹11.42 |
| 2023 | ₹20.75 | ₹19.27 | ₹1.10 | ₹15.44 |
| 2024 | ₹26.25 | ₹21.99 | ₹3.11 | ₹27.28 |
Vdeal System IPO Valuation – FY2024
Check Vdeal System IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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 (Basic) |
| Price/Earning P/E Ratio: | 11.79 |
| Return on Net Worth (RoNW): | 49.52% |
| Net Asset Value (NAV): | ₹19.19 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Akanksha Power and Infrastructure Limited | 1.82 | 72.45 | 5.90 | 24.35 | 2.66 Cr. |
| Saakshi Medtech and Panel Limited | 6.41 | 40.25 | 12.11 | 52.86 | 11.31 Cr. |
Objects 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 Review
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Vdeal System IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
IPO Lead Managers aka Merchant Bankers
- Affinity Global Capital Market Private Limited
Company Address
Vdeal System Limited
Plot No. 4/A
A, 4/B & 6, Janla Industrial Area
Khordha, Jatni – 752054
Phone: + 91 0674 291067
Email: compliance@vdealsystem.com
Website: http://www.vdealsystem.com/
Vdeal System IPO FAQs
What is Vdeal System IPO?
Vdeal System IPO is a SME IPO. The company is going to raise ₹18.08 Crores via IPO. The issue is priced at ₹112 pr equity share. The IPO is to be listed on NSE.
When Vdeal System IPO will open for subscription?
The IPO is to open on August 27, 2024 for QIB, NII, and Retail Investors. The IPO will close on August 29, 2024.
What is Vdeal System IPO Investors Portion?
The investors’ portion for QIB is 0%, NII is 50%, and Retail is 50%.
How to Apply the Vdeal System IPO?
You can apply for Vdeal System IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Vdeal System Issue Size?
Vdeal System issue size is ₹18.08 crores.
What is Vdeal System IPO Price Band?
Vdeal System IPO Price Band is ₹112.
What is Vdeal System IPO Lot Size?
The minimum bid is 1200 Shares with ₹134,400 amount.
What is the Vdeal System IPO Allotment Date?
Vdeal System IPO allotment date is August 30, 2024.
What is the Vdeal System IPO Listing Date?
Vdeal System IPO listing date is September 3, 2024. The IPO is to list on NSE.
