Vdeal System Ltd
Price Range
₹112
Min. Quantity
1,200
Closes on
29 August 2024
Min. investment
₹1,34,400/1,200 Shares
Vdeal System Ltd IPO Timeline
Vdeal System Limited was originally incorporated on December 10, 2009 as a private limited company in the name and style of 'Swastik Energy System Private Limited' vide Certificate of Incorporation issued by the Registrar of Companies, Cuttack. Subsequently, the name of Company thereafter changed from 'Swastik Energy Private Limited' to 'Vdeal System Private Limited' vide fresh Certificate of Incorporation dated April 21, 2017 issued by the Registrar of Companies, Cuttack. Further, Company was converted into a Public Limited Company and the name was changed to 'Vdeal System Limited' and a fresh Certificate of Incorporation dated May 20, 2024 pursuant to conversion to Public Limited Company was issued. by the Registrar of Companies, Central Registration Centre.
| Event | Date |
|---|---|
| Vdeal System Ltd IPO Opening Date | 27 August 2024 |
| Vdeal System Ltd IPO Closing Date | 29 August 2024 |
| Basis of Allotment | 30 August 2024 |
| Initiation of Refunds | 2 September 2024 |
| Credit of Shares to Demat | 2 September 2024 |
| Vdeal System Ltd IPO Listing Date | 3 September 2024 |
Vdeal System Ltd IPO Details
| Vdeal System Ltd IPO Date | 27 August 2024 to 29 August 2024 |
| Vdeal System Ltd IPO Face Value | ₹10 per share |
| Vdeal System Ltd IPO Price | ₹112 to ₹0 per share |
| Vdeal System Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹18.08 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹18.08 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Dhiraj Kochar, Tapaswini Panda, Brahmananda Patra |
Vdeal System Ltd IPO Lot Size
The Vdeal System Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,34,400).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,34,400 |
| Maximum | 1 | 1,200 | ₹1,34,400 |
- Strengths
- Risks
- Opportunities
- Experienced Management Team and Robust In-House Technical Expertise.
- Tailoring or Customization of Products to Meet Unique Customer Needs.
- Best practices for Efficient Production Process and Supply Chain Management.
- Location advantage and Competitive Price.
- Nurturing a Strong Brand Reputation.
- Quality Control and Safety Commitment.
- Well Strategized Growth Plan.
Company Financials
Vdeal System Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 27.28 | 26.25 | 3.11 |
| 03-2023 | 15.44 | 20.75 | 1.10 |
| 03-2022 | 11.42 | 16.24 | 0.23 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet working capital expenses
- Prepayment and repayment of all or a portion of certain secured and unsecured loan
- General corporate purpose
Vdeal System Ltd IPO Promoter Holding
| Pre Issue Share Holding | 85.5% |
| Post Issue Share Holding | 57.27% |
Vdeal System Ltd IPO Subscription Status (Bidding Detail)
The Vdeal System Ltd IPO is subscribed 0 times on 29 August 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Vdeal System Ltd IPO Prospectus
Vdeal System Ltd IPO Listing Date
| Listing Date | 3 September 2024 |
| BSE Script | 93183 |
| NSE Symbol | VDEAL |
| Listing In | NSE - SME |
| ISIN | INE0U2M01015 |
| IPO Price | ₹112 |
| Face Value | ₹10 |
Company Contact Information
Plot No. 4/A 4/B & 6 Janla-Industrial Area Jatni Khordha,Jatni-752054
Phone: +91 0674 2910 670
Email: compliance@vdealsystem.com
Website: www.vdealsystem.com
Vdeal System Ltd IPO Registrar
Vdeal System Ltd IPO Lead Manager(s)
- Affinity Global Capital Markets Pvt Ltd
FAQ
What is the issue size of Vdeal System Ltd IPO?
I have pre-applied for Vdeal System Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.