Vdeal System Limited is coming up with an IPO consisting of a fresh issue of 16,14,000 shares worth INR 18.08 crores. The company aims to meet working capital needs, repay loans, and support general corporate purposes.
Vdeal System IPO – Important Dates
| Vdeal System Limited IPO Date | August 27, 2024 to August 29, 2024 |
| Vdeal System Limited IPO Listing Date | September 3, 2024 |
| Vdeal System Limited IPO Price | INR 112 per share |
| Vdeal System Limited IPO Lot Size | 1200 Shares |
| Vdeal System Limited IPO Total Issue Size | INR 18.08 crores |
| Vdeal System Limited IPO Basis of Allotment | August 30, 2024 |
| Vdeal System Limited IPO Initiation of Refunds | September 2, 2024 |
| Vdeal System Limited IPO Credit of Shares to Demat | September 2, 2024 |
| Vdeal System Limited IPO Issue Type | Fixed Price Issue IPO |
| Vdeal System Limited IPO Listing At | NSE SME |
Vdeal System Limited IPO – Company Profile
Vdeal System Limited is an ISO 9001:2015 certified bright electrical control panels and automation solutions provider. It offers high-quality products and services that meet international IEC standards, and strategic partnerships enhance its competitive edge.
As a growing integrated electrical and automation solution provider, they deliver comprehensive B2B electrical solutions across multiple industries, establishing a significant presence in various industry segments.
By driving AI and ML-driven innovations, their company integrates IoT into a cloud-based SaaS model, facilitating seamless communication between people, processes, and everyday objects and leading the next wave of technological advancements.
Vdeal System Ltd IPO Fundamental Analysis
Vdeal System Limiteds’ financial analysis reveals a mixed performance. Revenue increased steadily, reflecting growth, while profitability, EPS, and assets improved. However, challenges include a decreasing RoNW and a lower inventory turnover ratio.
- Revenue Trend: The revenue decreased from ₹1,618.48 lakhs in March 2022 to ₹2,072.40 lakhs in March 2023. The revenue for the current year’s 12-month period ending March 2024 is INR 2,622.48 lakhs.
- Equity and Liabilities: Both equity and liabilities has shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has decreased, indicating reduced reliance on debt financing.
- Profitability: The profit after tax (PAT) has significantly increased from ₹23.10 lakhs in March 2022 to ₹311.38 lakhs by March 2024. This improvement in profitability could be a source of confidence among investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹0.70 in March 2022 to ₹9.50 by March 2024, reflecting higher earnings per share for investors.
- Return on Net Worth (RoNW): The RoNW has reduced from 9.97% to 49.52%, indicating a decrease in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio remains the same, indicating strengthening liquidity and potential challenges in meeting short-term obligations.
- Inventory Turnover Ratio: There’s a significant decrease in the Inventory Turnover Ratio, which might suggest slower sales or inefficient inventory management.
Vdeal System IPO Financial Analysis
| Particular | As of 31 March 2022 | As of 31 March 2023 | As of 31 March 2024 |
| Revenue (₹ in lakhs) | 1,618.48 | 2,072.40 | 2,622.48 |
| Equity (₹ in lakhs) | 231.73 | 341.83 | 628.75 |
| Expenses (₹ in lakhs) | 1,592.75 | 1,926.64 | 2,198.73 |
| Profit and Loss After Tax (₹ in lakhs) | 23.10 | 110.09 | 311.38 |
| Diluted EPS only (₹) | 0.70 | 3.36 | 9.50 |
| Return on Net Worth (%) | 9.97 | 32.21 | 49.52 |
| NAV per Equity Share (₹) | 7.07 | 10.43 | 19.19 |
| Total Assets (in lakhs) | 1,142.33 | 1,544.44 | 2,727.93 |
| Total Liabilities (in lakhs) | 910.6 | 1,202.61 | 2,099.18 |
| Debt Equity Ratio | 2.76 | 1.82 | 1.49 |
| Current Ratio (in times) | 1.22 | 1.14 | 1.22 |
| Inventory Turnover Ratio | 4.16 | 3.98 | 3.80 |
Vdeal System Limited IPO Peer Comparison
Vdeal System Limited shows strong profitability and earnings growth. Akanksha Power and Infrastructure Limited has moderate earnings with a steady return on net worth. Saakshi Medtech and Panel Limited lead in profitability, reflecting robust financial performance.
| Company | Face Value per Equity Share (₹) | P/E Ratio | EPS (₹) | RoNW (%) | NAV per Equity Share (₹ in lakhs) | PAT (₹ in lakhs) |
| Vdeal System Limited | 10 | 11.79 | 9.50 | 49.52 | 19.19 | 311.38 |
| Akanksha Power and Infrastructure Limited | 10 | 72.45 | 1.82 | 5.90 | 24.35 | 266.13 |
| Saakshi Medtech and Panel Limited | 10 | 40.25 | 6.41 | 12.11 | 52.86 | 1130.64 |
Vdeal System Ltd IPO Objective
The main objective of Vdeal System Limited is to meet working capital requirements and prepay or repay a portion of secured and unsecured loans to strengthen financial stability and support business operations.
- Funding incremental working capital requirements of their company: The company intends to utilize INR 21.47 crores for working capital in FY 2025 to support increased inventory and reduce trade payables, enhancing profitability and operational efficiency compared to FY 2024.
- Prepayment or repayment of all or a portion of certain secured and unsecured loans availed by their company: The company plans to use up to INR 4.64 crores from net proceeds to prepay or repay secured and unsecured loans, aiming to reduce borrowings, improve the debt-equity ratio, and invest in business growth.
- General Corporate Purposes: The company will allocate funds to general corporate goals, including growth opportunities, marketing and brand building, ongoing business contingencies, capital expenditures for asset expansion, and other purposes. .
Vdeal System IPO Risks And Challenges
Vdeal System Limited’s risk includes dependence on key management for success, vulnerability to raw material supply disruptions, and potential operational issues from lease renewal. They mitigate these risks through solid leadership, diversified suppliers, and contingency plans.
- Their company’s success relies on the expertise of the Promoters and critical management, whose experience and leadership are crucial for operations and growth. They focus on retaining and supporting their team to ensure continued success and stability.
- They rely heavily on their top suppliers for raw materials, facing supply disruptions and price volatility risks. However, they ensure consistent quality and operational continuity by collaborating with approved vendors and maintaining a diversified supplier network.
- The company was leased from IDCO for 99 years and could face operational disruptions if the lease is not renewed. They are exploring alternative locations and contingency plans for potential relocation expenses to manage this risk.
Vdeal System Ltd IPO – Industry & Market Potential
The Low-Voltage Distribution Panel market, valued at USD 1.3 billion in 2022, is projected to grow at a 6.5% CAGR through 2032. Renewable energy adoption, infrastructure upgrades, and intelligent grid advancements drive this growth.
The global IoT market, valued at USD 595.73 billion in 2023, is expected to reach USD 4,062.34 billion by 2032, growing at a 24.3% CAGR. IoT enables interconnected devices and autonomous data exchange.
India’s electrical equipment market, expected to hit USD 52.98 billion by 2027 with an 11.68% CAGR, is driven by rapid urbanization, infrastructure growth, and government initiatives like Make in India, which boost domestic manufacturing.
Vdeal System Limited IPO – Type of Offer
Vdeal System Limited is coming up with an IPO consisting of a fresh issue of 16,14,000 shares worth INR 18.08 crores. The company aims to meet working capital needs, repay loans, and support general corporate purposes.
Vdeal System IPO Offer Size
The offer size of Vdeal System Limited is INR 18.08 crores, consisting of a fresh issue of 16,14,000 shares. The company seeks funds to meet working capital needs, repay loans, and support general corporate purposes.
Vdeal System Limited IPO Allotment Structure
Vdeal System Limited’s IPO allotment structure includes a category for Retail Individual Investors (RII) with investments below ₹2 lakhs, a category for other investors exceeding ₹2 lakhs, and a reservation of 81,600 shares for Market Makers.
- Retail Individual Investors (RII): These individual investors apply for shares with a total value of less than Rs.2 lakhs.
- Other than retail individual investors: Such applications where the value exceeds INR 2 lakhs.
- Market Makers Reservation: A certain percentage or number of shares is reserved for market makers. The company has set aside 81,600 shares for this purpose.
How to apply for the Vdeal System IPO?
To apply for the Vdeal System Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Vdeal System Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Vdeal System Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check Vdeal System IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Vdeal System Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Vdeal System Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Vdeal System Limited IPO:
● Registrar’s Website: Visit the website of Cameo Corporate Services Limited, the registrar of the Vdeal System Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● NSE SME: You can also check the allotment status on the official websites of the National Stock Exchange (NSE) Small Medium Exchange (SME). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
Vdeal System Ltd IPO Offer Registrar
The registrar for the Vdeal System Limited IPO is Cameo Corporate Services Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
Cameo Corporate Services Limited
Subramanian Building” 1 Club House Road,
Chennai- 600 002
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.cameoindia.com
Vdeal System IPO – FAQs
1. What is the allotment date of the Vdeal System IPO?
The allotment date of the Vdeal System Limited IPO is August 30, 2024.
2. What is the price band of the Vdeal System IPO?
The price band of the issue is INR 112 per share.
3. What is the size of the Vdeal System IPO?
The offer size of Vdeal System Limited is INR 18.08 crores, consisting of a fresh issue of 16,14,000 shares. The company seeks funds to meet working capital needs, repay loans, and support general corporate purposes.
4. What is the listing date of the Vdeal System IPO?
The listing date of Vdeal System Limited’s IPO is September 3, 2024.
