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Open
27 Aug 2024
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Close
29 Aug 2024
3
Allotment
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Listing
Tue, Sep 3, 2024
Price Band
₹112 per share
Issue Size
16,14,000 shares (agg. up to ₹18 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Sep 3, 2024
Latest GMP
₹30
Est. Gain
26.79%
✦ AI Insight
GMP Trend
03-09-2024₹30Est. ₹142+26.79%
02-09-2024₹30Est. ₹142+26.79%
01-09-2024₹30Est. ₹142+26.79%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 70.96x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 27.28 | 15.44 | 11.42 |
| Total Income | 26.25 | 20.75 | 16.24 |
| Profit After Tax | 3.11 | 1.10 | 0.23 |
| NET Worth | 6.29 | 3.42 | 2.32 |
| Reserves and Surplus | 3.01 | 3.12 | 2.02 |
| Total Borrowing | 9.38 | 6.21 | 6.40 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sahaj Solar Ltd. | SME | ₹52.52 Cr | ₹180 | 10.86 | ₹359.10 | +99.50% | ₹127.00 (+1.60%) |
| Ganesh Green Bharat Ltd. | SME | ₹125.23 Cr | ₹190 | 15.85 | ₹379.05 | +99.50% | ₹261.50 (+1.08%) |
| Shivalic Power Control Ltd. | SME | ₹64.32 Cr | ₹100 | 24.69 | ₹326.55 | +226.55% | ₹68.85 (-3.71%) |
| GP Eco Solutions India Ltd. | SME | ₹30.79 Cr | ₹94 | 21.44 | ₹393.75 | +318.88% | ₹418.10 (-0.56%) |
| Alpex Solar Ltd. | SME | ₹74.52 Cr | ₹115 | 54.66 | ₹345.45 | +200.39% | ₹862.45 (-2.88%) |
| Australian Premium Solar (India) Ltd. | SME | ₹28.08 Cr | ₹54 | 23.58 | ₹147.00 | +172.22% | ₹295.00 (+0.53%) |
| Akanksha Power & Infrastructure Ltd. | SME | ₹27.49 Cr | ₹55 | 24.02 | ₹65.10 | +18.36% | ₹90.10 (-2.22%) |
| Supreme Power Equipment Ltd. | SME | ₹46.67 Cr | ₹65 | 10.69 | ₹102.90 | +58.31% | ₹217.85 (+3.00%) |
| Electro Force (India) Ltd. | SME | ₹80.68 Cr | ₹93 | 20.22 | ₹105.00 | +12.90% | ₹24.40 (+3.39%) |
| Saakshi Medtech & Panels Ltd. | SME | ₹45.16 Cr | ₹97 | 10.18 | ₹153.30 | +58.04% | ₹292.60 (-2.47%) |
| Premier Energies Ltd. | Mainboard | ₹2,830.40 Cr | ₹450 | 82.09 | ₹839.90 | +86.64% | ₹1,100.60 (+0.89%) |
| Rishabh Instruments Ltd. | Mainboard | ₹490.78 Cr | ₹441 | null | ₹443.15 | +0.49% | ₹659.50 (+2.44%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements | 7.03 |
| 2 | Prepayment and repayment of all or a portion of certain secured and unsecured loan availed by the company | 4.64 |
| 3 | General Corporate Purpose | 3.70 |
About Vdeal System IPO
Incorporated in December 2009, Vdeal System Limited is an Integrated Electrical and Automation solution provider. The company specializes in Smart Low Voltage (LV) panels, Smart Medium Voltage (MV) panels, Smart Variable Frequency Drive (VFD) panels, Medium Voltage (MV) Soft Starter, Energy Management System (EMS), and Smart Programmable Logic Controller (PLC) panels. They also offer air-insulated & Sandwich bus ducts. Their services include in-house product design & development, manufacturing, system integration, and servicing of automation solutions and smart electrical control panels that comply with high international IEC standards for quality and safety. The company is ISO 9001:2015 certified company. The company's product portfolio includes seveal Sense IoT Gateway, Reveal Sense Node and REVNET IIoT Platform. The manufacturing unit of the company is situated in Bhubaneswar, Orissa. As of August 20, 2024, the company has employed 65 employees on its payroll.+ Read More
Contact Details
Vdeal System Ltd. AddressPlot No.4/AA, 4/B & 6, Janla Industrial AreaJatniKhordha, Odisha, 752054+ 91 0674 291067compliance@vdealsystem.comVisit Website