| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹18.08 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹18.08 Cr |
| Fresh Issue | ₹17.16 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน112.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | VDEAL |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Affinity Global Capital Market... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Incorporated in December 2009, Vdeal System Limited is an Integrated Electrical and Automation solution provider. The company specializes in Smart Low Voltage (LV) panels, Smart Medium Voltage (MV) panels, Smart Variable Frequency Drive (VFD) panels, Medium Voltage (MV) Soft Starter, Energy Management System (EMS), and Smart Programmable Logic Controller (PLC) panels. They also offer air-insulated & Sandwich bus ducts. Their services include in-house product design & development, manufacturing, system integration, and servicing of automation solutions and smart electrical control panels that comply with high international IEC standards for quality and safety.
The company is ISO 9001:2015 certified company.
The company's product portfolio includes seveal Sense IoT Gateway, Reveal Sense Node and REVNET IIoT Platform.
The manufacturing unit of the company is situated in Bhubaneswar, Orissa.
As of August 20, 2024, the company has employed 65 employees on its payroll.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements | 7.03 |
| 2 | Prepayment and repayment of all or a portion of certain secured and unsecured loan availed by the company | 4.64 |
| 3 | General Corporate Purpose | 3.70 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 27.28 | 15.44 | 11.42 |
| Total Income | 26.25 | 20.75 | 16.24 |
| Profit After Tax | 3.11 | 1.10 | 0.23 |
| NET Worth | 6.29 | 3.42 | 2.32 |
| Reserves and Surplus | 3.01 | 3.12 | 2.02 |
| Total Borrowing | 9.38 | 6.21 | 6.40 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 49.52% |
| ROCE | 32.83% |
| Debt / Equity | 1.49% |
| RoNW | 49.52% |
| PAT Margin | 11.87% |
| Price to Book Value | 5.84 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 9.50 | 6.37 |
| P/E (x) | 11.79 | 17.59 |
| Promoter Holding | 99.97% | 66.96% |
| Market Cap | โน54.77 Cr. | |