Last updated on October 25, 2023
Vertexplus Technologies IPO description –The company is an ISO 9001:2015 and ISO/IEC 27001:2013 certified Information Technology company engaged in consulting, outsourcing, infrastructure, and digital solutions and services. It collaborates with its customers to fulfill their ever-evolving Information Technology needs and has experience across various industry sectors.
VertexPlus has development facilities at Jaipur, Rajasthan, and Noida, Uttar Pradesh. The company undertakes assignments ranging from small programming tasks to complex projects and operates through five delivery models:
- Off-shore Model
- On-site Model
- Hybrid Model
- Global Model
- Strategic Partnerships
As on 31 August 2022, VertexPlus Technologies had 310 employees on its payroll in various functions including Technology, Management & Administration, Business Development, and Support staff. Its promoter Mr. Sandeep Kumar Pahariya has 24 years of experience in the IT industry and has been instrumental in determining the vision and growth strategies for the company.
Promoters of Vertexplus Technologies – Mr. Sandeep Kumar Pahariya & Mrs. Niru Pahariya
Vertexplus Technologies IPO Details
| Vertexplus Technologies IPO Dates | 2 – 6 March 2023 |
| Vertexplus Technologies IPO Price | INR 91 – 96 per share |
| Fresh issue | 14,79,600 shares (INR 14.20 crore) |
| Offer For Sale | Nil |
| Total IPO size | 14,79,600 shares (INR 14.20 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 115,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge |
Vertexplus Technologies Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 |
| Revenue | 1931.71 | 1963.93 | 2086.02 |
| Expenses | 1893.31 | 1879.54 | 1883.73 |
| Net income | 54.95 | 102.92 | 186.90 |
Vertexplus Technologies offers News
- Vertexplus Technologies RHP
- Vertexplus Technologies Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Vertexplus Technologies Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 1.53 | 2.62 | 4.65 |
| PE ratio | – | – | 19.57 – 20.65 |
| RONW (%) | 16.10 | 21.55 | 27.64 |
| NAV | 9.51 | 12.18 | 16.83 |
| ROCE (%) | 40.25 | 43.61 | 48.18 |
| EBITDA (%) | 7.93 | 10.82 | 15.55 |
| Debt/Equity | 0.55 | 0.47 | 0.41 |
Vertexplus Technologies IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 14 Mar 2023 | 8 | – | – |
| 13 Mar 2023 | 8 | – | – |
| 11 Mar 2023 | 8 | – | – |
| 10 Mar 2023 | 8 | – | – |
| 9 Mar 2023 | 10 | – | 8,000 |
| 8 Mar 2023 | 10 | – | 8,000 |
| 6 Mar 2023 | 12 | – | 10,000 |
| 4 Mar 2023 | 12 | – | 8,000 |
| 3 Mar 2023 | 12 | – | 7,000 |
| 2 Mar 2023 | 15 | – | 10,000 |
| 1 Mar 2023 | 12 | – | 7,000 |
| 28 Feb 2023 | 10 | – | 7,000 |
Vertexplus Technologies IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 739,800 | 221,940 | 517,860 | 1,479,600 |
| 6 Mar 2023 | 0.55 | 33.45 | 14.76 | 10.46 |
| 3 Mar 2023 | 0.00 | 0.60 | 2.71 | 1.04 |
| 2 Mar 2023 | 0.00 | 0.31 | 0.95 | 0.38 |
Vertexplus Technologies Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
807, Phoenix, Opp. Girish Cold Drinks
Near Vijay Cross Roads, Navrangpura
Ahmedabad -380009, Gujarat
Phone: 079 4840 5357
Email: [email protected]
Website:Â www.beelinemb.com
Vertexplus Technologies Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area,
Phase-I, New Delhi – 110020
Telephone: 011-40450193-197
Email: [email protected]
Website:Â www.skylinerta.com
Vertexplus Technologies Contact Details
VERTEXPLUS TECHNOLOGIES LIMITED
B-19, Ground Floor, 10-B Scheme,
Gopalpura Road, Jaipur -302018, Rajasthan
Phone: +91-0141-6622200/02
E-mail: [email protected]
Website: www.vertexplus.com
Vertexplus Technologies IPO Allotment Status
Vertexplus Technologies IPO allotment status is now available on Skyline Financial Services’ website. Click on Skyline IPO weblink to get allotment status.
Vertexplus Technologies IPO Dates & Listing Performance
| IPO Opening Date | 2 March 2023 |
| IPO Closing Date | 6 March 2023 |
| Finalisation of Basis of Allotment | 10 March 2023 |
| Initiation of refunds | 13 March 2023 |
| Transfer of shares to demat accounts | 14 March 2023 |
| IPO Listing Date | 15 March 2023 |
| Opening Price on NSE SME | INR 101 per share (up 5.21%) |
| Closing Price on NSE SME | INR 106.05 per share (up 10.47%) |
Vertexplus Technologies IPO FAQs
What is Vertexplus Technologies’ offer size?
Vertexplus Technologies offer size is INR 14.21 crore.
What is Vertexplus Technologies IPO Price Band?
Vertexplus Technologies public offer price is INR 91 – 96 per share.
What is the lot size of Vertexplus Technologies IPO?
Vertexplus Technologies offer a lot size is 1,200 shares.
What is Vertexplus Technologies IPO GMP today?
Vertexplus Technologies IPO GMP today is INR 8 per share.
What is Vertexplus Technologies kostak rate today?
Vertexplus Technologies kostak rate today is NA per application.
What is Vertexplus Technologies Subject to Sauda rate today?
Vertexplus Technologies Subject to Sauda rate today is NA per application.
