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Vdeal System Shares Make a Strong Debut with a 52% Premium, Listing at ₹170

Vdeal System shares debuted strongly on September 3, listing at Rs 170 on NSE SME, marking a 51.79% premium over the issue price of Rs 112.

Shares of Vdeal System were off to a robust start on its stock market debut on September 3 after listing at Rs 170, a premium of 51.79 percent over the issue price of Rs 112 per share on the NSE SME platform.

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Vdeal System Limited IPO attracted notable investor interest on Day 3, with a 67.57x subscription rate. This strong demand underscores the market’s confidence in the company’s potential and future growth prospects.

Vdeal System Limited, an ISO 9001:2015 certified company, specialises in advanced electrical control panels and automation solutions, adhering to IEC standards. With a focus on B2B electrical solutions for diverse industries, it integrates AI, ML, and IoT into a cloud-based SaaS model, pushing technological boundaries and enhancing interconnectivity across platforms.

Vdeal System Ltd aims to raise funds to enhance working capital, repay debts, and boost financial stability. Plans include investing in inventory, reducing payables, and funding corporate growth initiatives.

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