Virtuoso Optoelectronics Limited
IPO Details
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Company Fin.
₹55(98.21%)
Premium (ELP)
Virtuoso Optoelectronics Limited's successfully transitioned to public market status with its listing on BSE on Sep 15, 2022. The IPO mobilized 54,00,000 Shares in cumulative capital, including 54,00,000 Shares for corporate expansion.
The public offering was conducted within the price parameters of ₹56 to ₹56, with minimum investment lots of 2000 shares. subscription activity between Sep 02, 2022 and Sep 07, 2022 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Sep 13, 2022, 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.
Incorporated in 2015, Virtuoso Optoelectronics Limited manufactures consumer durable goods and offers end-to-end product solutions across both OEM and ODM models. Its portfolio includes split air conditioners, water heaters, LED lighting products, and various injection-moulded components. The company operates two strategically located manufacturing facilities in and around Nashik, Maharashtra, and also has a centralized R&D center that handles concept design, product development, feature enhancement, and testing for both OEM and ODM clients.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Integrated Manufacturing: Robust infrastructure for efficient production.
- Innovative Management: Experienced yet young team fostering creativity.
- Product Innovation: Continuously develops new and unique products.
- Economies of Scale: Optimizes cost efficiency through large-scale operations.
- R&D & Design Strength: Drives ODM business with strong design capabilities.
- Performance Incentives: Motivates employees through linked rewards.
- Strong Customer Relations: Maintains trusted ties with diverse top-tier clients.
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- Sukrit Bharati
Virtuoso Optoelectronics Limited
Cameo Corporate Services Limited