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.
Vdeal System IPO – Details
| IPO Opening Date | 27 August 2024 |
| IPO Closing Date | 29 August 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 16,14,000 Shares Worth ₹18.08 Crore Fresh Issue: 16,14,000 Shares Worth ₹18.08 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹112 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Cameo Corporate Services Limited |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Vdeal System IPO – Date Schedule
| IPO Open Date | 27 August 2024 |
| IPO Close Date | 29 August 2024 |
| Basis of Allotment | 30 August 2024 |
| Initiation of Refund | 02 September 2024 |
| Credit of Shares to Demat Account | 02 September 2024 |
| IPO Listing Date | 03 September 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 29, 2024 |
Vdeal System IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,34,400 |
| Retail (Max) | 1 | 1200 | ₹1,34,400 |
| HNI (Min) | 2 | 2400 | ₹2,68,800 |
Competitive Strengths
- 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 Promoters
- Mr. Dhiraj Kochar
- Mrs. Tapaswini Panda
- Mr. Brahmananda Patra
- Reveal AI Technologies Private Limited
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 16.23 | 15.92 | 0.23 | 6.39 |
| 31 March 2023 | 20.75 | 19.26 | 1.10 | 6.21 |
| 31 March 2024 | 26.25 | 21.98 | 3.11 | 9.37 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 49.52% |
| ROCE | 32.83% |
| Debt/Equity | 1.49 |
| RoNW | 49.52% |
| P/BV | 5.84 |
| PAT Margin (%) | 11.87 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 9.5 | 6.37 |
| P/E (x) | 11.79 | 17.59 |
Object Of The Issue
- To meet the working capital requirements;
- Prepayment and repayment of all or a portion of certain secured and unsecured loan availed by the company;
- General Corporate Purpose; and
- To meet the Offer expenses.
Vdeal System IPO Promoter Holding
| Pre Issue Share Holding | 99.97% |
| Post Issue Share Holding | 66.96% |
Vdeal System IPO Prospectus
Company Contact Information
| Vdeal System Limited Plot No. 4/A A, 4/B & 6, Janla Industrial Area Khordha, Jatni – 752054 Phone: + 91 0674 291067 Email: compliance@vdealsystem.com Website: http://www.vdealsystem.com/ |
Vdeal System IPO Registrar
| Cameo Corporate Services Limited Phone: +91-44-28460390 Email: investor@cameoindia.com Website: https://ipo.cameoindia.com/ |
Vdeal System IPO Lead Manager(s)
| 1. Affinity Global Capital Market Private Limited |
Vdeal System IPO FAQs
| What is Vdeal System IPO? Vdeal System IPO is a SME IPO. The issue is priced at ₹112 per equity share. The IPO is to be listed on NSE SME. |
| When Vdeal System IPO will open? The IPO is to open on 27 August 2024 for NII and Retail Investors. |
| What is Vdeal System IPO Investors Portion? The investors’ portion for Retail – 50% and NII – 50%. |
| How to Apply the Vdeal System IPO? You can apply Vdeal System IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Vdeal System IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Vdeal System IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Vdeal System IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Vdeal System IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Vdeal System IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Vdeal System IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Vdeal System IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Vdeal System IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Vdeal System IPO Size? Vdeal System IPO size is ₹18.08 Crore. |
| What is Vdeal System IPO Price Band? Vdeal System IPO Price Band is ₹112. |
| What is Vdeal System IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1200 Shares with ₹1,34,400 amount while the maximum bid is 1200 Shares with ₹1,34,400. |
| What is the Vdeal System IPO Allotment Date? Vdeal System IPO allotment date is 30 August 2024. |
| What is the Vdeal System IPO Listing Date? Vdeal System IPO listing date is 03 September 2024. The IPO is to be listed on NSE SME. |
