Listed Price₹170.00
Listing Gain+51.79%
Price Band₹112
Lot Size1,200 shares
Min Bid₹1,34,400
Subscription71.17x
Listed Market Snapshot
₹170.00Listed price from market data
+51.79%listing gain
Issue Amount
₹18.08 Cr
Listed Price
₹170.00
Current Price
₹183.9
Registrar
Cameo Corporate Services Limited
Timeline•Fixed Price Issue IPO
Open27 Aug 2024
Close29 Aug 2024
Allotment30 Aug 2024
Listing03 Sep 2024
Quota Reservation Portions
RetailPortion: 7,66,800 shares
47.5%OtherPortion: 7,65,600 shares
47.4%Market MakerPortion: 0 shares
5%Minimum Application Bracket Matrix
Retail1 lots / 1,200 shares
₹1,34,400HNI2 lots / 2,400 shares
₹2,68,800About the 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.
Company Promoters
Mr. Dhiraj KocharMrs. Tapaswini PandaMr. Brahmananda PatraReveal AI Technologies Private Limited
Lead Managers
Registrar
Cameo Corporate Services Limited