The IPO will be accepted from August 27 to August 29, 2024. The additional offering of ₹18.08 Cr is part of the IPO. The price band is set at 112.00 per share, with a face value of Rs 10.
Applications for the Vdeal System SME IPO are open to anyone with a minimum lot size of 1200 shares, or Rs 134400. 03-09-2024 is the tentative date of listing on the exchange (NSE SME).
Vdeal System SME IPO Dates
| IPO Activity | Date |
|---|---|
| Basis of Allotment | 30th Aug 2024 |
| Refund date | 2nd Sep 2024 |
| Credit of Shares | 2nd Sep 2024 |
| Listing Date | 3rd Sep 2024 |
Regarding Company
In December 2009, Vdeal System Limited was established. In-house product design and development, manufacture, system integration, and maintenance support the company’s offering of air-insulated and sandwich bus cables, intelligent electrical control panels, and automation solutions that adhere to strict international IEC quality and safety requirements.
These kinds of strategic alliances with well-known brand manufacturers provide us an edge over rivals. Your Company is a developing supplier of integrated automation and electrical solutions, serving multiple industry segments and providing complete electrical solutions for a range of industries. They sell their goods on a business-to-business (B2B) basis to industrial firms.
The company is also spearheading the next wave of innovation powered by AI and ML, which can combine IOT (Internet of Things), AI, and ML into a cloud-based Software-as-a-Service (SaaS) paradigm.
With the ability to connect commonplace items like vehicles, baby monitors, household appliances, and thermostats to the internet through embedded devices, the Internet of Things (IoT) has emerged as one of the most significant technological developments of the twenty-first century.
Vdeal System SME IPO Strengths
1. trong internal technological knowledge and a management team with experience
2. items that are customized or manufactured to order to meet particular client needs.
3. Supply chain management and operational efficiency best practices.
4. The benefit of location and affordable prices.
5. preserving a solid reputation for the brand.
Goal of the Vdeal System SME IPO
1. In order to fulfill the requirements for working capital
2. Full or partial repayment of a number of secured and unsecured loans that the business has taken out
3. Overarching Business Objective and To cover the Offer’s costs
