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Virtuoso Optoelectronics IPO IPO

SME2 Sep 20227 Sep 2022
Open
2 Sep 2022
Close
7 Sep 2022
3
Allotment
Listing
Thu, Sep 15, 2022
Price Band
₹56 per share
Issue Size
54,00,000 shares (agg. up to ₹30 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Sep 15, 2022
Latest GMP
₹0
Est. Gain
69.64%
✦ AI Insight

GMP Trend

14-09-20220Est. ₹56+69.64%
13-09-202246Est. ₹102+82.14%
12-09-202242Est. ₹98+75%

Live Subscription

CategorySubscription (times)
Total96.76x

Restated Financials (₹ Cr.)

Period Ended30 Jun 202231 Mar 202231 Mar 202131 Mar 2020
Assets133.51125.5679.9057.19
Total Income74.00200.28115.5168.39
Profit After Tax4.123.942.081.41
NET Worth25.3921.2613.3211.24
Reserves and Surplus10.406.2811.669.58
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding incremental working capital requirements of our Company20.40
2General corporate purposes6.79

About Virtuoso Optoelectronics IPO

Incorporated in 2015, Virtuoso Optoelectronics Limited manufactures consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's current product portfolio of consumer goods includes (I) Split Air Conditioners; (ii) Water Heaters; (iii) LED Lighting products; and (iv) other miscellaneous products such as injection moulding components for air conditioners. Virtuoso Optoelectronics Limited serve under both original equipment manufacturer ("OEM") and original design manufacturer ("ODM") business models. Under the OEM model, the company manufacture and supplies products basis designs developed by the customers, who then further distribute these products under their brands. Under the ODM model, in addition to manufacturing, the company conceptualize and design the products which are then marketed to the customers' prospective customers under their brands. The company has two manufacturing facilities which are strategically located in and around Nashik (Maharashtra). Virtuoso Optoelectronics Limited also has a centralized R&D centre in Nashik (Maharashtra), focusing on the research and development of all aspects of OEM and ODM models i

Contact Details

Virtuoso Optoelectronics Ltd. AddressPlot No.7, M.I.D.C.SatpurNashik, Maharashtra, 422007025 3235 0461info@voepl.comVisit Website