Vertexplus Technologies IPO subscription status started on Thursday March 2, 2023 and will close on March 6, 2023. Vertexplus Technologies IPO to raise around ₹14.21 crores via IPO. The retail quota is 35%, QIB is 50%, and NII is 15%. The price band is fixed at ₹91 to ₹96 per equity share.
The Vertexplus Technologies IPO minimum market lot is 1200 shares with ₹115,200 application amount. The IPO to list on NSE.
Vertexplus Technologies Limited is a technology company engaged in Consulting, IT Solutions, and Digital Experience Services, across different industry verticals. The company has been working in the same vertical for the last 17 years. They provide innovative technology solutions and service models for business impact, through state-of-the-art infrastructure, well-crafted strategy, rigorous execution, and engagement approach.
IPOWatch View
We recommend investors may apply an IPO with Longterm Views. Investors should also look at the NII, and Retail numbers before investing.
Vertexplus Technologies IPO Subscription Status – Final Data
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.58 |
| NII | 0.33 | 0.63 | 35.15 |
| RII | 1.00 | 2.85 | 15.53 |
| Total | 0.40 | 1.09 | 11.01 |
Vertexplus Technologies IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Vertexplus Technologies IPO Review
- May Apply
Vertexplus Technologies IPO Date & Price Band
| IPO Open: | March 2, 2023 |
| IPO Close: | March 6, 2023 |
| IPO Size: | Approx ₹14.21 Crores, 14,80,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹91 to ₹96 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Vertexplus Technologies IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹115,200 |
| Retail Maximum | 1 | 1200 | ₹115,200 |
| S-HNI Minimum | 2 | 2400 | ₹230,400 |
Vertexplus Technologies IPO Subscription Dates
| IPO Open Date: | March 2, 2023 |
| IPO Close Date: | March 6, 2023 |
| Basis of Allotment: | March 10, 2023 |
| Refunds: | March 13, 2023 |
| Credit to Demat Account: | March 14, 2023 |
| IPO Listing Date: | March 15, 2023 |
Vertexplus Technologies IPO Form
How to apply for the Vertexplus Technologies IPO? You can apply for Vertexplus Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vertexplus Technologies IPO in the Invest section. The other option is you can apply for Vertexplus Technologies IPO via IPO forms downloaded via NSE. Check out the Vertexplus Technologies forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
