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Vdeal System IPO
Price Band
₹
Issue Size
₹18.08 Cr
Lot Size
1,200 shares
Min Investment
₹134,400
GMP
+₹30.0 (26.79%)
Issue Price
₹112.0
Subject to Sauda
₹27400
Paid only if allotted
Vdeal System IPO AI Summary
- Vdeal System IPO is listed on NSE SME in the Other Electrical Equipment sector.
- Subscription window: 27 Aug–29 Aug 2024, listing on 03 Sep 2024.
- Current GMP is +₹30.0 (26.79%) — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Vdeal System IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 29 Aug 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Vdeal System IPO Grey Market Premium (GMP) Today
GMP
+₹30.0
GMP %
+26.79%
Est. Listing
₹142.0
Updated: 25 Jul 2026 14:04
About the Company
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.
Company Financials (₹ Cr)
As of 2024-03-31
| 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 |
Key Ratios
EPS
₹9.50
NAV
₹19.19
ROE
49.52%
ROCE
32.83%
RoNW
49.52%
P/B Value
5.84
P/E Ratio
11.79
Market Cap
₹54.77 Cr
PAT Margin
11.87%
Debt/Equity
1.49
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Saakshi Medtech And Panels Limited | 52.86 | 12.11% | 40.25 | 6.41 | 6.41 |
| Akanksha Power And Infrastructure Limited | 24.35 | 5.9% | 72.45 | 1.82 | 1.82 |
| Vdeal System Limited This IPO | 19.19 | 49.52% | 11.79 | 9.5 | 9.5 |
Promoters
Dhiraj Kochar, Tapaswini Panda, Brahmananda Patra and Reveal AI Technologies Pvt.Ltd.
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # 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
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹16.24 Cr in the year ending 31 Mar 2022, increasing to ₹20.75 Cr by 31 Mar 2023, and further rising to ₹26.25 Cr by 31 Mar 2024.
Profit Trend
Profit after tax was ₹0.23 Cr in the year ending 31 Mar 2022, which increased to ₹1.10 Cr by 31 Mar 2023, and further rose to ₹3.11 Cr by 31 Mar 2024.
Valuation
Vdeal System Limited has a P/E ratio of 11.79 at the issue price, compared to peers trading at P/E ratios of 40.25 and 72.45.
Grey Market Premium, Explained
The grey market premium (GMP) is an indicator of the expected listing price of an IPO. It reflects the difference between the issue price and the price at which the shares are traded in the unofficial market before they are listed on the stock exchange.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's fundamentals and market conditions.
Who May Want to Wait
Investors who prefer stable, established companies with predictable earnings may want to avoid IPOs like this, which can be more volatile and subject to market fluctuations.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While some IPOs may see a rise in share price on their first day of trading, others may not. Factors influencing this include market sentiment, overall demand for the stock, and the company's financial performance.
This evaluation is generated from Vdeal System's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Vdeal System IPO GMP today?
Vdeal System IPO GMP today is +₹30.0 (26.79%). GMP is an unofficial grey-market indicator and can change daily.
When does Vdeal System IPO open and close?
Vdeal System IPO opens on 27 August 2024 and closes on 29 August 2024.
When does Vdeal System IPO list on the stock exchange?
Vdeal System IPO listed on 03 September 2024 at ₹142.0.
What is the lot size for Vdeal System IPO?
The lot size for Vdeal System IPO is 1200 shares, requiring a minimum investment of ₹134,400.
What is the issue price of Vdeal System Limited's IPO?
The issue price is ₹112.0.
What is the minimum investment required?
The minimum investment required is ₹134,400.
What is the lot size for the IPO?
The lot size is 1200 shares.
When does the IPO open and close?
The IPO opens on August 27, 2024, and closes on August 29, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, indicating the expected price of the shares on listing day.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
27 Aug 2024
Close
29 Aug 2024
Allotment
30 Aug 2024
Listing
03 Sep 2024
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