Vdeal System Limited IPO
Vdeal System Limited IPO
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Vdeal System Limited's successfully transitioned to public market status with its listing on NSE on 03-09-2024. The IPO mobilized 16,14,000 Shares in cumulative capital, including 16,14,000 Shares for corporate expansion.
The public offering was conducted within the price parameters of ₹112 to ₹112, with minimum investment lots of 1200 shares. subscription activity between 27-08-2024 and 29-08-2024 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on 30-08-2024, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Vdeal System IPO About Company
Vdeal System Limited, established in December 2009, is an ISO 9001:2015 certified company specializing in electrical and automation solutions. It designs and manufactures smart Low Voltage (LV) and Medium Voltage (MV) panels, Variable Frequency Drive (VFD) panels, Medium Voltage Soft Starters, Energy Management Systems (EMS), and Programmable Logic Controller (PLC) panels. The company also provides air-insulated and sandwich bus ducts, along with advanced IoT and IIoT solutions like the Sense IoT Gateway, Reveal Sense Node, and REVNET IIoT Platform. Based in Bhubaneswar, Orissa, Vdeal System Limited operates a dedicated manufacturing facility and, as of August 20, 2024, has a team of 65 employees.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
Vdeal System IPO Strength Factors
- Tailored Solutions: Vdeal System Limited specializes in creating customized electrical and automation products that perfectly fit the unique needs of its customers.
- Smooth Production & Timely Delivery: By following the best industry practices, the company ensures efficient manufacturing and a well-managed supply chain, guaranteeing on-time product delivery.
- Strategic Advantage & Affordable Pricing: With its manufacturing unit in Bhubaneswar, Orissa, Vdeal System Limited benefits from a prime location, allowing it to offer competitive pricing in the market.
Vdeal System IPO Risk Factors
- Key Team Members Matter: Afcons’ success relies on its leaders and experienced professionals. Losing key people or struggling to attract top talent could impact business operations and growth.
- Major Customers Play a Big Role: A large portion of revenue comes from a few key clients. Losing any of them could significantly affect the company's financial performance.
- Dependence on Top Suppliers: Afcons relies on its top 10 suppliers for essential raw materials. Any supply disruptions or rising costs could impact pricing, availability, and overall financial stability.
Vdeal System IPO Lead Manager(s)
- Affinity Global Capital Market Private Limited
Vdeal System IPO Promoter(s)
Mr. Dhiraj Kochar
Mrs. Tapaswini Panda
Mr. Brahmananda Patra
Reveal AI Technologies Private Limited
Vdeal System IPO FAQs
Vdeal System Limited IPO subscribed 71.17 times. The public issue subscribed 80.51 times in the retail category,--times in QIB, and -- times in the HNI (10+) category byFebruary 28, 2025 12:04:18 PM (Day 28).
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
Vdeal System IPO IPO Investor Categories
The offer proceeds will be utilised towards the following investor categories in compliance with SEBI regulations:
Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes, and pension schemes.
Non-Institutional Investors (NII / HNI)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc. who bid for shares worth more than ₹2 lakhs are known as Non-Institutional Bidders. Unlike QIBs, they do not need SEBI registration.
Subcategories of NII:
- sNII (Small NII – bids below ₹10 Lakhs)
For bids between ₹2–10 lakhs. One-third of NII shares are reserved for this category, also known as Small HNI (sHNI).
- bNII (Big NII – bids above ₹10 Lakhs)
For bids above ₹10 lakhs. Two-thirds of NII shares are reserved for this category, also called Big HNI (bHNI).
- sNII (Small NII – bids below ₹10 Lakhs)
Retail Individual Investors (RII)
Individual investors or NRIs who apply up to ₹2 lakhs in an IPO are considered under the RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
This includes eligible shareholders or other investors with reserved quotas in the IPO.
Vdeal System IPO FAQs
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