Vdeal System Limited (NSE SME)
August 27, 2024 – August 29, 2024
| Price | ₹112 - ₹112 |
| Premium | ₹30 |
|---|---|
| Lot size | 1200 |
| Allotment | Aug 30, 2024 |
| Listing | Sep 3, 2024 |
Live Rate
| Open | |
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| High | |
| Low | |
| Prev. Close | |
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| Upper circuit | |
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| 52w Low | |
| P/E Ratio |
Subscription
Last updated on 29-Aug-2024 18:54:04
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 765600 | 47329200 | 61.82 |
| RETAIL | 766800 | 61735200 | 80.51 |
| Total | 1532400 | 109064400 | 71.17 |
| Retail Apps | 51446 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹9.3 | @8% ₹10.62 | @9% ₹11.95 | @10% ₹13.28 | @11% ₹14.61 | @12% ₹15.93 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 134400 | 639 |
| HNI | 2 | 2400 | 268800 | 638 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.5% | 766800 |
| Other | 47.4% | 765600 |
| Market Maker | 5.0% | 81600 |
| Total No. of Shares | 100.0% | 1614000 |
Vdeal System IPO Details
| Issue Size | 1,614,000 shares (aggregating up to ₹18.08 Cr) |
| Fresh Issue | 1,614,000 shares (aggregating up to ₹18.08 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 3,276,460 |
| Share holding post issue | 4,890,460 |
| Market Maker portion | 81,600 shares Black Fox Financial |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 49.52% | 32.21% | 9.97% |
| ROCE | 32.83% | 23.14% | 11.18% |
| RONW | 49.52% | 32.21% | 9.97% |
| D/E | 1.49 | 1.82 | 2.76 |
| EPS (Diluted) | 9.5 | 3.36 | 0.7 |
| P/E Pre IPO | 11.79 | ||
| P/E Pre IPO | 17.59 |
Company Financials
Vdeal System Limited Financial Information (Restated)
Vdeal System Limited's revenue increased by 26% and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | Mar 2024 | Mar 2023 | Mar 2022 | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 2,727.93 | 1,544.44 | 1,142.33 | |||||||||||||||||||||||||||
| Revenue | 2,625.08 | 2,075.41 | 1,623.96 | |||||||||||||||||||||||||||
| Profit | 311.38 | 110.09 | 23.1 | |||||||||||||||||||||||||||
| Net Worth | 628.75 | 341.83 | 231.73 | |||||||||||||||||||||||||||
| Reserves | 301.1 | 312.04 | 201.95 | |||||||||||||||||||||||||||
| Borrowing | 937.67 | 621.02 | 639.51 | |||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||
About Company
Incorporated in December 2009, Vdeal System Limited is an ISO 9001:2015 certified provider of integrated electrical and automation solutions. The company specializes in designing, developing, and manufacturing 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. Additionally, Vdeal System Limited offers 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. Their manufacturing facility is located in Bhubaneswar, Orissa, and as of August 20, 2024, the company employs 65 people.
Strength
Customized Solutions: Vdeal System Limited excels in tailoring its electrical and automation products to meet the unique needs of its customers, providing highly customized solutions.
Efficient Production and Supply Chain: The company implements best practices in production processes and supply chain management, ensuring high efficiency and timely delivery of products.
Strategic Location and Competitive Pricing: With a manufacturing facility in Bhubaneswar, Orissa, Vdeal System Limited leverages its location advantage to offer competitive pricing in the market.
Weakness
Reliance on Key Personnel: The Company’s success heavily depends on its promoters, senior management, and other key personnel. The loss or inability to attract and retain these individuals could negatively impact business operations and financial performance.
Dependence on Key Customers: A significant portion of the company's revenue is derived from a few key customers. The loss of any major customer could materially and adversely affect business and operational results.
Reliance on Top Suppliers: The Company relies on its top 10 suppliers for a consistent supply of raw materials. Any disruption in this supply chain or an increase in raw material costs could adversely affect product pricing, supply, and overall financial health.
Lead Manager(s)
Address
Plot No. 4/A
A, 4/B & 6, Janla Industrial Area
Khordha, Jatni - 752054
Phone: + 91 0674 291067
Email: compliance@vdealsystem.com
Website: http://www.vdealsystem.com/