Vdeal System IPO

Vdeal System's ₹18.08 Cr IPO includes a fresh issue of 16,14,000 shares to meet working capital needs, repay loans, and support general corporate purposes.

Important Details

Open Date : August 27, 2024 Close Date : August 29, 2024 Allotment Date: August 30, 2024 Listing Date: September 3, 2024

Important Details

IPO Price: INR 112 per share Lot Size: 1200 Shares Total Issue Size: INR 18.08 crores

Fundamental Analysis

Vdeal System Ltd IPO shows mixed performance: 1. Steady revenue increase. 2. Improved profitability, EPS, and assets. 3. Decreasing RoNW. 4. Lower inventory turnover ratio.

Peer Comparison

Vdeal System: Strong profitability and earnings growth. Akanksha Power: Moderate earnings and steady RoNW. Saakshi Medtech and Panel: Leading in profitability and robust financial performance.

Objective

Vdeal System Ltd IPO aims to: 1. Meet working capital requirements. 2. Prepay or repay secured and unsecured loans. 3. Strengthen financial stability and support operations.

Risks And Challenges

Vdeal System Ltd IPO Risks: 1. Dependence on key management. 2. Raw material supply risks. 3. Lease renewal issues. 4. Mitigated by strong leadership, diverse suppliers, and contingency plans.