Vdeal System Limited
Vdeal System IPO bidding started from Aug 27, 2024 and ended on Aug 29, 2024. The allotment for Vdeal System IPO was finalized on Aug 30, 2024. The shares got listed on NSE on Sep 03, 2024.
Vdeal System IPO price band is set at ₹0 to ₹112 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹0.
Refer to Vdeal System IPO RHP for detailed information.
IPO date
Aug 27,2024 - Aug 29,2024
Listing Date
Sep 03,2024
Face value
₹10
Price Band
0₹112 per share
Lot
₹1200 Shares
Total Issue Size
16.14 Lakh (16,14,000)
aggregating up to ₹18.08 Cr (18,07,68,000)
Fresh Issue
16.14 Lakh (16,14,000)
aggregating up to ₹18.08 Cr (18,07,68,000)
Issue Type
Fixed Price
IPO Type
Listing At
NSE
Tue, Aug 27, 2024
IPO Open
Thu, Aug 29, 2024
IPO Close
Fri, Aug 30, 2024
Basis of Allotment
Mon, Sep 02, 2024
Initiation of Refunds
Mon, Sep 02, 2024
Credit of Shares to Demat
Tue, Sep 03, 2024
Listing
Application | Lots | Shares | Amount |
---|---|---|---|
Retail(Min) | 1 | 1,200 | ₹1.34 Lakh (1,34,400) |
Retail(Max) | 1 | 1,200 | ₹1.34 Lakh (1,34,400) |
HNI(Min) | 2 | 2,400 | ₹2.69 Lakh (2,68,800) |
Investor Category | Shares Offered |
---|---|
Offered to RII | 7.66 Lakh (7,66,200) |
Offered to Others | 7.66 Lakh (7,66,200) |
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.
Vdeal System Limited
Plot No. 4/A
A, 4/B & 6, Janla Industrial Area
Khordha, Jatni - 752054
Phone: + 91 0674 291067
Email: [email protected]
Website: http://www.vdealsystem.com/
The promoters of the company are Mr. Dhiraj Kochar, Mrs. Tapaswini Panda, Mr. Brahmananda Patra and Reveal AI Technologies Private Limited.