IPO Trending
VDEALSME / NSEListed
Vdeal System

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.

DRHP
₹112 - ₹11271.17x sub
Listed Price₹170.00
Listing Gain+51.79%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open27 Aug 2024
Close29 Aug 2024
Allotment30 Aug 2024
Listing03 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail7,66,800 shares
47.5%
Other7,65,600 shares
47.4%
Market Maker0 shares
5%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,34,400
HNI2 Lots (2,400 shares)
₹2,68,800

Company Promoters

Mr. Dhiraj KocharMrs. Tapaswini PandaMr. Brahmananda PatraReveal AI Technologies Private Limited

Company Background

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 Controlle...

Lead Managers & Bankers

Affinity Global Capital Market Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2024 )₹2625.08 Cr
Growth+61.6%
Revenue Trend (₹ in Crores)
0.01.0k2.0k3.0kMar 2022Mar 2023 Mar 2024
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2024 2,625.08311.382,727.93937.67
Mar 2023 2,075.41110.091,544.44621.02
Mar 20221,623.9623.11,142.33639.51

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 9.549.52%32.83%11.7917.59
Mar-23 3.3632.21%23.14%00
Mar-220.79.97%11.18%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Cameo Corporate Services Limited

Allotment Finalized
Allotment Date
30 Aug 2024
Official Status
Out / Finalized
Registrar
Cameo Corporate Services Limited
Listing Date
03 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Cameo Corporate Services Limited

Direct allotment verification on the official registrar portal appointed for Vdeal System. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization30 Aug 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date03 Sep 2024Trading commences on exchange

How to Check Vdeal System Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Vdeal System from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Vdeal System IPO

Complete issue overview for Vdeal System (VDEAL) IPO. The issue features an equity share price band of ₹112 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,34,400). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions