Last updated on September 3, 2024
Vdeal System IPO description – Vdeal System is ISO 9001:2015 certified and provides solutions in Smart Low Voltage (LV) panels, Smart Medium Voltage (MV) panels, Smart Variable Frequency Drive (VFD) panels, Medium Voltage (MV) Soft Starters, Energy Management Systems (EMS), and Smart Programmable Logic Controller (PLC) panels. They also offer air-insulated and sandwich bus ducts, supported by in-house product design and development, manufacturing, system integration, and servicing of automation solutions. Their smart electrical control panels adhere to high international IEC standards of quality and safety.
The company is also driving the next wave of innovation by integrating Artificial Intelligence (AI) and Machine Learning (ML) into their solutions. They are developing AI and ML-driven innovations that can seamlessly incorporate the Internet of Things (IoT) into a cloud-based Software as a Service (SaaS) model.
The company’s product portfolio includes the Sense IoT Gateway, Reveal Sense Node, and REVNET IIoT Platform. The manufacturing unit is located in Bhubaneswar, Orissa. As of 20 August 2024, the company has 65 employees on its payroll.
Promoters of Vdeal System – Mr. Dhiraj Kochar, Mrs. Tapaswini Panda, Mr. Brahmananda Patra, and Reveal AI Technologies Private Limited
Table of Contents
Vdeal System IPO Details
| Vdeal System IPO Dates | 27 – 29 August 2024 |
| Vdeal System Issue Price | INR 112 per share |
| Fresh issue | 16,14,000 shares (INR 18.08 crore) |
| Offer For Sale | NIL |
| Total IPO size | 16,14,000 shares (INR 18.08 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,34,400) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE EMERGE |
Vdeal System Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 16.18 | 20.72 | 26.22 |
| Expenses | 15.93 | 19.27 | 21.99 |
| Net income | 0.23 | 1.10 | 3.11 |
Vdeal System Offer News
- Vdeal System RHP
- Vdeal System Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Vdeal System Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.70 | 3.36 | 9.50 |
| PE ratio | – | – | 11.79 |
| RONW (%) | 9.97 | 32.21 | 49.52 |
| NAV | 7.07 | 10.43 | 19.19 |
| ROCE (%) | 11.18 | 23.14 | 32.83 |
| EBITDA (%) | 8.63 | 11.58 | 20.44 |
| Debt/Equity | 2.76 | 1.82 | 1.49 |
Vdeal System IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 2 September 2024 | 27 | – | 28,500 |
| 30 August 2024 | 27 | – | 28,500 |
| 29 August 2024 | 30 | – | 31,000 |
| 28 August 2024 | 35 | – | 37,000 |
| 27 August 2024 | 35 | – | 37,000 |
| 26 August 2024 | 43 | – | 46,000 |
Vdeal System IPO Subscription – Live Updates
| category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 7,65,600 | 7,66,800 | 15,32,400 |
| 29 Aug 2024 | 61.12 | 73.21 | 67.17 |
| 28 Aug 2024 | 4.28 | 22.04 | 13.17 |
| 27 Aug 2024 | 1.20 | 7.48 | 4.34 |
The market maker reservation portion of 81,600 shares is not included in the above calculations.
Vdeal System IPO Allotment Status
Vdeal System IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.
Vdeal System IPO Dates & Listing Performance
| IPO Opening Date | 27 August 2024 |
| IPO Closing Date | 29 August 2024 |
| Finalization of Basis of Allotment | 30 August 2024 |
| Initiation of refunds | 2 September 2024 |
| Transfer of shares to demat accounts | 2 September 2024 |
| IPO Listing Date | 3 September 2024 |
| Opening Price on NSE SME | INR 170 per share (up 51.79%) |
| Closing Price on NSE SME | INR 178.50 per share (up 59.38%) |
Vdeal System Offer Lead Manager
AFFINITY GLOBAL CAPITAL MARKET PRIVATE LIMITED
20B, Abdul Hamid Street, East India House,
1st Floor, Room No. 1G, Kolkata – 700069
Phone: +91 33 4004 7188
Email: [email protected]
Website: www.affinityglobalcap.in
Vdeal System Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700, 28460390
Email: [email protected]
Website: www.cameoindia.com
Vdeal System IPO Contact Details
VDEAL SYSTEM LIMITED
Plot No. 4/A, 4/B & 6, Janla Industrial Area,
Jatni Khordha, Janla– 752054, Orissa, India
Phone: +91 0674 2910670
E-mail: [email protected]
Website: www.vdealsystem.com
IPO FAQs
What is the Vdeal System offer size?
Vdeal System offer size is INR 18.08 crores.
What is the Vdeal System offer price band?
Vdeal System public offer price is INR 112 per share.
What is the lot size of Vdeal System IPO?
Vdeal System offer lot size is 1,200 shares.
What is Vdeal System IPO GMP today?
Vdeal System IPO GMP today is INR 27 per share.
What is the Vdeal System kostak rate today?
Vdeal System kostak rate today is INR NA per application.
What is the Vdeal System Subject to Sauda rate today?
Vdeal System Subject to Sauda rate today is INR 28,500 per application.
