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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Vdeal System Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹112
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,34,400
Issue Size
₹18.08 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50.04%
QIB Quota
0%
NII Quota
49.96%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.97%
Promoter Holding (Post-Issue)
66.96%
Issue Type
Fixed Price - SME
ISIN
INE0U2M01015
Vdeal System Limited is an ISO 9001:2015 certified company providing solutions in Smart Low Voltage (LV) panels, Smart Medium Voltage (MV) panels, Smart Variable Frequency Drive (VFD) panels, and Smart Programmable Logic Controller (PLC) panels, Air insulated & Sandwich busducts backed by In-house Product design & development, manufacturing, system integration, servicing of automation solutions and smart electrical control panels that adhere to high international IEC standards of quality and safety. The Company has business relationships with global electrical players. Such strategic tie ups with renowned brand owners give it the competitive edge over its competitors.
Smart Electrical Control Panels Market to reach USD 10.3 Billion by 2032 Report by Data Horizon Research: The advancement of technology and digital transformation solutions propels the growth of the smart electrical Control panels industry. Fort Collins, Colorado, Jan. 04, 2024 (GLOBE NEWSWIRE) - The Smart Electrical Control Panels Market size was valued at USD 5.8 Billion in 2022 and is anticipated to reach USD 10.3 Billion by 2032 at a CAGR of 6.1% during the forecast period 2023-2032. Smart electrical control panels have advanced due to the adoption of SMART technologies and grid digitization. Notable developments include motion sensors, data analytics for energy management, and improved energy usage. This has prompted manufacturers to create sophisticated products with rich features. Energy sustainability and compliance are important considerations for homeowners, and smart electrical control panels have become essential to home automation. These panels can be integrated with smart home systems, enabling users to conveniently control various aspects of their home, including lighting, heating, and security, from a centralized interface. Electrical Control panels monitor energy use and costs, helping homeowners regulate energy consumption. The shift to renewable energy sources, such as solar, is driven by cost savings and sustainability. Smart grids facilitate effective energy distribution.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of upto 16,14,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Vdeal System Limited ("The Company") for cash at a price of Rs. 112/- per equity share (including share premium of Rs. 102/- per equity share) ("Offer Price"), aggregating up to Rs. 18.08 crores ("The Offer"), out of which upto 81,600 equity shares aggregating to Rs. 0.91 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., offer of upto 15,32,400 equity shares at an offer price of Rs. 112 /- per equity share aggregating to Rs. 17.16 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 33.00 % and 31.33 %, respectively of the post issue paid up equity share capital of the company.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Vdeal System Limited was originally incorporated on December 10, 2009 in Bhubaneswar, Orissa, as a Private Limited Company in the name and style of "Swastik Energy System Private Limited" under the provisions of the Companies Act, 1956 vide Certificate of Incorporation bearing CIN: U31100OR2009PTC011396 issued by the Registrar of Companies, Cuttack, Later, the Company acquired the ongoing business of a partnership firm M/s. Vdeal System having principal place of business at Plot No. 358/3476, 357/3457, Jaydev Vihar, Bhubaneswar, Orissa vide Takeover Agreement dated April 01, 2017 where one of its Promoters Mr. Dhiraj Kochar was partner. Subsequently, the name of the Company changed from "Swastik Energy System Private Limited" to "Vdeal System Private Limited" vide Special Resolution passed by the shareholders in the Extra-Ordinary General Meeting of the Company held on April 04, 2017 and a fresh Certificate of Incorporation dated April 21, 2017 pursuant to change of name was issued by the Registrar of Companies, Cuttack. Further, the Company was converted into a Public Limited Company pursuant to Special Resolution passed by the Shareholders of the Company at the Extra-Ordinary General Meeting held on January 16, 2024, and consequently the name of the Company was changed from "Vdeal System Private Limited" to "Vdeal System Limited" and a fresh certificate of incorporation dated May 20, 2024 pursuant to conversion from Private Limited Company to Public Limited Company was issued by the Registrar of Companies, Central Processing Centre bearing CIN: U31100OR2009PLC011396.
Wholesaler and Retailer
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Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.