Vdeal System SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Vdeal System IPO. Explore Vdeal System IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Vdeal System Limited, established in 2009 in Bhubaneswar, Odisha, provides comprehensive electrical and automation solutions. Initially known as Swastik Energy System Private Limited, the company rebranded and acquired the ongoing business of Vdeal System in 2017. Specializing in smart electrical control panels, low and medium voltage panels, energy management systems, and automation solutions, Vdeal System offers advanced products and services that adhere to international IEC standards. The company serves a diverse range of industries through its B2B model and is also pioneering AI, ML, and IoT-driven innovations to enhance automation and connectivity in various sectors.
Key Points:
- Specialized Solutions: Offers smart low and medium voltage panels, VFD panels, energy management systems, and programmable logic controller (PLC) panels.
- Automation and Integration Expertise: Provides in-house product design, manufacturing, and integration services for automation and electrical control solutions.
- Broad Industry Reach: Serves multiple sectors, including manufacturing, energy, building automation, transportation, telecommunications, healthcare, retail, hospitality, and data centers.
- Technology-Driven Innovations: Pioneering AI, ML, and IoT solutions integrated into cloud-based SaaS models for seamless communication and automation.
Objects of the Issue
- To meet the working capital requirements
- Prepayment and repayment of all or a portion of certain secured and unsecured loan availed by the company
- General Corporate Purpose
- To meet the Offer expenses
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 27 Aug - 29 Aug 2024 |
| IPO Price Band | ₹112 per share |
| Fresh Issue | 16,14,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹18.08 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 27 Aug 2024 |
| IPO Closing Date | 29 Aug 2024 |
| Basis Of Allotment | 30 Aug 2024 |
| Refunds | 02 Sep 2024 |
| Demat Transfer | 02 Sep 2024 |
| IPO Listing Date | 03 Sep 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 14.18 | 16.24 | 20.75 | 26.25 |
| Total Expenses | 13.87 | 15.93 | 19.27 | 21.99 |
| Net Profit/Loss | 0.23 | 0.23 | 1.10 | 3.11 |
| NPM (*) | 1.62 | 1.43 | 5.31 | 11.87 |
| Total Assets | 11.59 | 11.42 | 15.44 | 27.28 |
| Total Liabilities | 9.50 | 9.11 | 12.03 | 20.99 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 0.70 | 0.70 | 3.36 | 9.50 |
| ROE (%) | 10.97 | 9.97 | 32.21 | 49.52 |
| ROCE (%) | 11.94 | 11.18 | 23.14 | 32.83 |
| D/E Ratio | 3.00 | 2.76 | 1.82 | 1.49 |
| Current Ratio | 1.09 | 1.22 | 1.14 | 1.22 |
| EBITDA MARGIN (%) | 9.24 | 8.63 | 11.58 | 20.44 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Vdeal System Limited | 26.25 | 11.79 | 9.50 | 49.52 | 19.19 |
| Akanksha Power and Infrastructure Limited | 54.18 | 72.45 | 1.82 | 5.90 | 24.35 |
| Saakshi Medtech and Panel Limited | 122.60 | 40.25 | 6.41 | 12.11 | 52.86 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 61.46 |
| Retail Individual Investor (RII) | 76.7 |
| Total | 71.38 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Cameo Corporate Services Limited
Phone: +91 - 44 – 40020700
Email: investor@cameodina.com
Website: www.cameoindia.com
Company Promoters
- MR. DHIRAJ KOCHAR
- MRS. TAPASWINI PANDA
- MR. BRAHMANANDA PATRA
- M/S REVEAL AI TECHNOLOGIES PRIVATE LIMITED
Lead Managers
- Affinity Global Capital Market Private Limited
Company Address
Vdeal System Limited
Plot No. 4/A, 4/B & 6, Janla Industrial Area, Khordha, Jatni - 752054, Orissa, India.
Phone: + 91 0674 2910670
Email: compliance@vdealsystem.com
Website: www.vdealsystem.com
FAQs
- What is the issue size of the Vdeal System SME IPO?The Vdeal System SME IPO has an issue size of ₹18.08 crore. This includes a fresh issue of 16,14,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Vdeal System IPO?The price band for the Vdeal System IPO is ₹112 per share.
- What are the bidding dates for the Vdeal System IPO?The Vdeal System IPO will open for bidding on 27 Aug 2024 and close on 29 Aug 2024.
- What is the allotment date for the Vdeal System IPO?The allotment date for the Vdeal System IPO is 30 Aug 2024.
- What is the listing date for the Vdeal System IPO?The listing date for the Vdeal System IPO is 03 Sep 2024.
- What is the Vdeal System IPO grey market premium?The grey market premium (GMP) for the Vdeal System IPO is currently at ₹30, with an expected listing gain of approximately 26.79%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.