Vdeal System Ltd

Vdeal System Ltd IPO

IPO Price Range: ₹112 - 112

Vdeal System Limited is an ISO 9001:2015 certified company providing solutions in Smart Low Voltage (LV) panels, Smart Medium Voltage (MV) panels, Smart Variable Frequency Drive (VFD) panels, and Smart Programmable Logic Controller (PLC) panels, Air insulated & Sandwich busducts backed by In-house Product design & development, manufacturing, system integration, servicing of automation solutions and smart electrical control panels that adhere to high international IEC standards of quality and safety. The Company has business relationships with global electrical players. Such strategic tie ups with renowned brand owners give it the competitive edge over its competitors.

Min Investment

₹1,34,400

IPO Size

₹18 Cr

IPO Status

Closed

Quantity in 1 Lot

1200

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Vdeal System Ltd

Open Date27 Aug 2024
Close Date29 Aug 2024
Allotment Date30 Aug 2024
Listing Date3 Sep 2024

Key Statistics

Bid Opening DateBid Opening Date27 Aug 2024
Bid Closing DateBid Closing Date29 Aug 2024
Allotment DateAllotment Date30 Aug 2024
Issue SizeIssue Size₹18.08Cr
Quantity in 1 lotQuantity in 1 lot1200

Strength and risks

Strength

Strength

  • Experienced Management Team and Robust In-House Technical Expertise.

  • Tailoring or Customization of Products to Meet Unique Customer Needs.

  • Best practices for Efficient Production Process and Supply Chain Management.

  • Location advantage and Competitive Price.

  • Nurturing a Strong Brand Reputation.

  • Quality Control and Safety Commitment.

  • Well Strategized Growth Plan.


Risk

Risk

  • The company is dependent on its promoters and senior management and other key personnel, and the loss of, or its inability to attract or retain, such persons could affect its business, results of operations, financial condition and cash flows.

  • Its business is substantially dependent on certain key customers, from whom the company derives a significant portion of its revenues. The loss of any significant customer may have a material and adverse effect on its business and results of operations.

  • The company is dependent on its Top 10 suppliers for uninterrupted supply of Raw-Materials. Any shortfall in the supply of its raw materials, or an increase in its raw material costs and other input costs, may adversely affect the pricing and supply of its products with subsequently having an adverse effect on the business, results of operations and financial conditions of the company.

  • The company has its registered office situated at Plot No. 4/A, 4/B & 6, Janla Industrial Area, Khordha, Jatni, Orissa- 752054, India , the company has entered into lease agreement for the same. In case of suspension or cancellation of lease by IDCO, there may be an effect on its business, results of operations and prospects.

  • Its business requires the company to obtain and renew certain licenses and permits from government, regulatory authorities and the failures to obtain or renew them in a timely manner may adversely affect its business operations.

  • Its business will suffer if the company fails to keep pace with rapid changes in technology and the industries on which the company focus.

  • The company is dependent on third party transportation providers for the delivery of its raw material and products. Accordingly, continuing increase in transportation costs or unavailability of transportation services for them, as well the extent and reliability of Indian infrastructure may have an adverse effect on its business, financial condition, results of operations and prospects.

  • The company intend to use a portion of the Net Proceeds to prepay / repay certain loan facilities.

  • In addition to normal remuneration, other benefits and reimbursement of expenses some of its Directors (including its Promoters) and Key Management Personnel are interested in the Company to the extent of their shareholding and dividend entitlement in the Company.

  • The Company and its Directors are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, result of operations and financial conditions.

Promoters Holding

Investors Holdings %
Dhiraj Kochar85.5%
Tapaswini Panda14.35%
Brahmananda Patra0.03%
Reveal AI Technologies Pvt Ltd0%

About Vdeal System Ltd

OrganisationVdeal System Ltd
HeadquartersJatni
IndustryCapital Goods - Electrical Equipment

Frequently Asked Questions

  • What is the size of the Vdeal System Ltd IPO?

    The size of the Vdeal System Ltd IPO is ₹18.08Cr .

  • What is 'pre-apply' for Vdeal System Ltd IPO?

    'Pre-apply' for Vdeal System Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Vdeal System Ltd IPO order be placed?

    Your Vdeal System Ltd IPO order will be placed on 27 Aug 2024.

  • What are the open and close dates of the Vdeal System Ltd IPO?

    The open and close dates of the Vdeal System Ltd IPO are 27 Aug 2024 to 29 Aug 2024.

  • What is the lot size and minimum order quantity of the Vdeal System Ltd IPO?

    The lot size and minimum order quantity of the Vdeal System Ltd IPO are 1200 and 1200 respectively.

  • What would be the listing gains on the Vdeal System Ltd IPO?

    The potential listing gains on the Vdeal System Ltd IPO will depend on various market factors and cannot be predicted with certainty.