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Open
27 Aug 2024
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Close
29 Aug 2024
3
Allotment
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Listing
Tue, Sep 3, 2024
Price Band
₹112 per share
Issue Size
16,14,000 shares (agg. up to ₹18 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Sep 3, 2024
Latest GMP
₹30
Est. Gain
26.79%
✦ AI Insight
GMP Trend
03-09-2024₹30Est. ₹142+26.79%
02-09-2024₹30Est. ₹142+26.79%
01-09-2024₹30Est. ₹142+26.79%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 70.96x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 27.28 | 15.44 | 11.42 |
| Total Income | 26.25 | 20.75 | 16.24 |
| Profit After Tax | 3.11 | 1.10 | 0.23 |
| NET Worth | 6.29 | 3.42 | 2.32 |
| Reserves and Surplus | 3.01 | 3.12 | 2.02 |
| Total Borrowing | 9.38 | 6.21 | 6.40 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sahaj Solar Ltd. | SME | ₹52.52 Cr | ₹180 | 10.86 | ₹359.10 | +99.50% | ₹94.30 |
| Ganesh Green Bharat Ltd. | SME | ₹125.23 Cr | ₹190 | 15.85 | ₹379.05 | +99.50% | ₹216.30 |
| Shivalic Power Control Ltd. | SME | ₹64.32 Cr | ₹100 | 24.69 | ₹326.55 | +226.55% | ₹63.35 |
| GP Eco Solutions India Ltd. | SME | ₹30.79 Cr | ₹94 | 21.44 | ₹393.75 | +318.88% | ₹408.70 |
| Alpex Solar Ltd. | SME | ₹74.52 Cr | ₹115 | 54.66 | ₹345.45 | +200.39% | ₹924.90 |
| Australian Premium Solar (India) Ltd. | SME | ₹28.08 Cr | ₹54 | 23.58 | ₹147.00 | +172.22% | ₹250.60 |
| Akanksha Power & Infrastructure Ltd. | SME | ₹27.49 Cr | ₹55 | 24.02 | ₹65.10 | +18.36% | ₹135.50 |
| Supreme Power Equipment Ltd. | SME | ₹46.67 Cr | ₹65 | 10.69 | ₹102.90 | +58.31% | ₹233.35 |
| Electro Force (India) Ltd. | SME | ₹80.68 Cr | ₹93 | 20.22 | ₹105.00 | +12.90% | ₹19.50 |
| Saakshi Medtech & Panels Ltd. | SME | ₹45.16 Cr | ₹97 | 10.18 | ₹153.30 | +58.04% | ₹333.80 |
| Premier Energies Ltd. | Mainboard | ₹2,830.40 Cr | ₹450 | 82.09 | ₹839.90 | +86.64% | ₹988.80 |
| Rishabh Instruments Ltd. | Mainboard | ₹490.78 Cr | ₹441 | null | ₹443.15 | +0.49% | ₹808.30 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements | 7.03 |
| 2 | Prepayment and repayment of all or a portion of certain secured and unsecured loan availed by the company | 4.64 |
| 3 | General Corporate Purpose | 3.70 |
About Vdeal System IPO
Updated on Aug 5, 2026
Contact Details
Vdeal System Ltd. AddressPlot No.4/AA, 4/B & 6, Janla Industrial AreaJatniKhordha, Odisha, 752054+ 91 0674 291067compliance@vdealsystem.comVisit Website