Vdeal System IPO Details
| IPO Open Date: | August 27, 2024 |
| IPO Close Date: | August 29, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹112 Per Share |
| Issue Size: | Approx ₹18.08 Crores, 1,614,000 Equity Share |
| Fresh Issue: | Approx ₹18.08 Crores, 1,614,000 Equity Share |
| Offer for Sale: | [.] |
| Issue Type: | Fixed Price Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than 0% |
| NII Quota: | Not more than 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Vdeal System IPO Market Lot
The Vdeal System IPO minimum market lot is 1200 shares with ₹134,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹134,400 |
| Retail Maximum | 2 | 1200 | ₹134,400 |
| HNI Minimum | 3 | 2400 | ₹268,800 |
Vdeal System IPO Dates
The Vdeal System IPO date is August 27 and the close date is August 29. The Vdeal System IPO allotment will be finalized on August 30 and the IPO listing on September 3.
| IPO Open Date: | August 27, 2024 |
| IPO Close Date: | August 29, 2024 |
| Basis of Allotment: | August 30, 2024 |
| Refunds: | September 2, 2024 |
| Credit to Demat Account: | September 2, 2024 |
| IPO Listing Date: | September 3, 2024 |
Promoters of Vdeal System
The promoters of the company are Mr. Dhiraj Kochar, Mrs. Tapaswini Panda, Mr. Brahmananda Patra and Reveal AI Technologies Private Limited.
About Vdeal System
Vdeal System Ltd. is a leading provider of solutions in Electrical Panels, Process Instrumentation, Industrial Automation, and Industrial IoT (I-4). With over 20 years of experience, they have specialized in engineering and system integration for solving customers’ needs or problems. As a Premium System Integrator, they have been ranked the best in the Eastern region by various MNCs and customers.
Established in 2005 by Mr. Dhiraj Kochar, Vdeal System Ltd. offers customized solutions based on process requirements, with highly acclaimed technocrats and engineering experts in their team. Their office and manufacturing facility is located in Janla Industrial Area, Jatni, Khurda (Odisha). The company is an authorized system integrator of ABB India Ltd and an Authorized Solution Provider for the Odisha region.
Vdeal System Company Financial Report
The company reported revenue of ₹26.25 crores in 2024 against ₹20.75 crores in 2023. The company reported a profit of ₹3.11 crores in 2024 against a profit of ₹1.10 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹16.24 | ₹15.93 | ₹0.23 | ₹11.42 |
| 2023 | ₹20.75 | ₹19.27 | ₹1.10 | ₹15.44 |
| 2024 | ₹26.25 | ₹21.99 | ₹3.11 | ₹27.28 |
Vdeal System IPO Valuation – FY2024
Check Vdeal System IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 49.52% |
| ROCE: | 32.83% |
| EBITDA Margin: | 20.44% |
| PAT Margin: | 11.87% |
| Debt to equity ratio: | 1.49 |
| Earning Per Share (EPS): | ₹9.50 (Basic) |
| Price/Earning P/E Ratio: | 11.79 |
| Return on Net Worth (RoNW): | 49.52% |
| Net Asset Value (NAV): | ₹19.19 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Akanksha Power and Infrastructure Limited | 1.82 | 72.45 | 5.90 | 24.35 | 2.66 Cr. |
| Saakshi Medtech and Panel Limited | 6.41 | 40.25 | 12.11 | 52.86 | 11.31 Cr. |
Objects 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 Review
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Vdeal System IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
IPO Lead Managers aka Merchant Bankers
- Affinity Global Capital Market Private Limited
Company Address
Vdeal System Limited
Plot No. 4/A
A, 4/B & 6, Janla Industrial Area
Khordha, Jatni – 752054
Phone: + 91 0674 291067
Email: [email protected]
Website: http://www.vdealsystem.com/
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Note: The Vdeal System IPO price band and date are officially announced. The (Vdeal System IPO grey market premium) will be added to the IPO GMP page as it will start).
