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Vdeal System Ltd

Vdeal System Ltd

    Registered Office : Plot No. 4/A 4/B & 6 Janla,-Industrial Area Jatni Khordha,Jatni Orissa 752054 Phone : +91 0674 2910 670
    Fax :

    Email : compliance@vdealsystem.com

    Website : www.vdealsystem.com

Initial public offer of upto 16,14,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Vdeal System Limited ("The Company") for cash at a price of Rs. 112/- per equity share (including share premium of Rs. 102/- per equity share) ("Offer Price"), aggregating up to Rs. 18.08 crores ("The Offer"), out of which upto 81,600 equity shares aggregating to Rs. 0.91 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., offer of upto 15,32,400 equity shares at an offer price of Rs. 112 /- per equity share aggregating to Rs. 17.16 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 33.00 % and 31.33 %, respectively of the post issue paid up equity share capital of the company.

Issue

Opens On

Closes On

27-Aug-2024

29-Aug-2024

Money Payable On

Application

Allotment

112.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

15.37

18.08

4.89

112.00

Affinity Global Capital Markets Pvt Ltd

Projects
  • To meet working capital expenses
  • Prepayment and repayment of all or a portion of certain secured and unsecured loan
  • General corporate purpose
Promoted By
  • Dhiraj Kochar
  • Tapaswini Panda
  • Brahmananda Patra
Listing At
  • NSE - SME
Registrar to the Issue
  • Cameo Corporate Services Ltd