
✓
Open
2 Sep 2022
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Close
7 Sep 2022
3
Allotment
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Listing
Thu, Sep 15, 2022
Price Band
₹56 per share
Issue Size
54,00,000 shares (agg. up to ₹30 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Sep 15, 2022
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 96.76x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 133.51 | 125.56 | 79.90 | 57.19 |
| Total Income | 74.00 | 200.28 | 115.51 | 68.39 |
| Profit After Tax | 4.12 | 3.94 | 2.08 | 1.41 |
| NET Worth | 25.39 | 21.26 | 13.32 | 11.24 |
| Reserves and Surplus | 10.40 | 6.28 | 11.66 | 9.58 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding incremental working capital requirements of our Company | 20.40 |
| 2 | General corporate purposes | 6.79 |
About Virtuoso Optoelectronics IPO
Incorporated in 2015, Virtuoso Optoelectronics Limited manufactures consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's current product portfolio of consumer goods includes (I) Split Air Conditioners; (ii) Water Heaters; (iii) LED Lighting products; and (iv) other miscellaneous products such as injection moulding components for air conditioners. Virtuoso Optoelectronics Limited serve under both original equipment manufacturer ("OEM") and original design manufacturer ("ODM") business models. Under the OEM model, the company manufacture and supplies products basis designs developed by the customers, who then further distribute these products under their brands. Under the ODM model, in addition to manufacturing, the company conceptualize and design the products which are then marketed to the customers' prospective customers under their brands. The company has two manufacturing facilities which are strategically located in and around Nashik (Maharashtra). Virtuoso Optoelectronics Limited also has a centralized R&D centre in Nashik (Maharashtra), focusing on the research and development of all aspects of OEM and ODM models i
Contact Details
Virtuoso Optoelectronics Ltd. AddressPlot No.7, M.I.D.C.SatpurNashik, Maharashtra, 422007025 3235 0461info@voepl.comVisit Website