As of August 26, 2024, Vdeal System Limited IPO has a ₹0 as Grey Market Premium, with a price range of ₹112 per share. Offering lots of 1200 shares, the subscription window is open from August 27 to August 29, 2024.
Vdeal System Limited IPO GMP Today
The Grey Market Premium (GMP) for Vdeal System Limited is ₹0 as of August 26, 2024. This assessment coincides with a price of ₹112 per share for the IPO.
Vdeal System Limited IPO Review
Vdeal System Ltd’s financial performance shows mixed results. Revenue has grown steadily, rising from ₹1,618.48 lakhs in March 2022 to ₹2,622.48 lakhs by March 2024. The company’s equity and liabilities have also increased, while a lower debt-equity ratio reflects reduced reliance on debt financing.
Profitability has improved significantly, with PAT jumping from ₹23.10 lakhs in March 2022 to ₹311.38 lakhs by March 2024. Despite a higher EPS of ₹9.50, the RoNW has declined, indicating weaker returns on equity. Additionally, the lower inventory turnover ratio may signal slower sales or inefficiencies in inventory management.
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Vdeal System Limited IPO Date
Vdeal System Limited will start accepting subscriptions from August 27 to August 29, 2024.
Vdeal System Limited IPO Price
Vdeal System Limited’s price range is at ₹112 per share with a face value of ₹10 each.
Vdeal System Limited
Vdeal System Limited, an ISO 9001:2015 certified company, specialises in electrical control panels and automation solutions. It delivers high-quality B2B solutions across industries, meeting international IEC standards. Leveraging AI, ML, and IoT, the company integrates a cloud-based SaaS model, driving innovation and seamless communication, positioning itself at the forefront of technological advancements.
How To Apply For Vdeal System Limited IPO?
To apply for the Vdeal System Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Vdeal System Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Vdeal System Limited IPO at Alice Blue in just a few clicks!