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Vdeal System IPO details: issue date, price, and lot size

Stocks IPO
2 min Read Aug 26, 2024
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Vdeal System Limited, a leading provider of integrated electrical and automation solutions, is set to make its market debut with an IPO on August 27, 2024. Let's delve into the details of this upcoming offering. If you wish to consider the Vdeal System IPO in your investment portfolio, this blog is for you.

Vdeal System IPO synopsis

FeatureDetails
Type of IssueFixed Price Issue
Issue SizeRs 18.08 crore
Fresh IssueEntirely fresh issue of 16.14 lakh shares
Offer PeriodAugust 27, 2024 - August 29, 2024
Expected AllotmentAugust 30, 2024
Listing DateSeptember 3, 2024 (Tentative)
Issue PriceRs 112 per share
Minimum Lot Size1200 Shares (Retail Investors: Rs 134,400 minimum investment)
HNI Minimum Lot2 Lots (2400 shares) amounting to Rs 268,800

About Vdeal System

Founded in 2009, Vdeal System has established itself as a trusted provider of smart electrical and automation solutions. The company specialises in LV and MV panels, VFDs, soft starters, EMS, and PLC panels. Their expertise extends to in-house product design, manufacturing, system integration, and servicing.

Vdeal System financials

  • Revenue: Increased by 26% between the financial year ending March 31, 2024 and March 31, 2023.

  • Profit After Tax (PAT): Rose by 183% during the same period.

  • Market Capitalization: Rs 54.77 Cr.

Vdeal System IPO highlights: strengths

  • Diverse Product Range: Vdeal System offers a comprehensive range of electrical automation solutions, catering to various industries.

  • In-House Expertise: The company's capabilities in design, manufacturing, and system integration provide a competitive advantage.

  • Strong Growth: The company has demonstrated impressive revenue and profit growth.

  • Industry Certifications: ISO 9001:2015 certification ensures quality and adherence to international standards.

Vdeal System IPO highlights: considerations

  • Competition: The electrical automation market is competitive, with both established and emerging players.

  • Technological Advancements: The industry is constantly evolving, and the company needs to adapt to new technologies.

  • SME Listing: Listing on the NSE SME platform might impact the liquidity of this IPO investment.

Should you invest in the Vdeal System IPO?

Vdeal System's strong financial performance, diverse product range, and in-house expertise are positive indicators. However, the competitive nature of the industry and the SME listing warrant careful consideration. Investors should conduct thorough due diligence before making an investment decision.

FAQs

  1. Why is Vdeal System raising money?
    - To meet working capital requirements
    - General corporate purposes
    - To repay ongoing debt

  2. How does an IPO process work?
    The IPO process typically involves:
    Hiring an investment bank: The company selects an investment bank to manage the IPO.
    Filing a prospectus: The company files a prospectus with the Securities and Exchange Board of India (SEBI) containing details about the company and the IPO.
    Roadshows: The investment bank conducts roadshows to market the IPO to potential investors.
    Pricing and Allocation: The IPO price is determined, and shares are allocated to investors.
    Listing: The company's shares start trading on a recognized stock exchange.