
Emerging SME Services · NSE
Vdeal System Limited, established in December 2009, is an ISO 9001:2015 certified company specializing in electrical and automation solutions. It designs and manufactures smart Low Voltage (LV) and Medium Voltage (MV) panels, Variable Frequency Drive (VFD) panels, Medium Voltage Soft Starters, Energy Management Systems (EMS), and Programmable Logic Controller (PLC) panels. The company also provides air-insulated and sandwich bus ducts, along with advanced IoT and IIoT solutions like the Sense IoT Gateway, Reveal Sense Node, and REVNET IIoT Platform. Based in Bhubaneswar, Orissa, Vdeal System Limited operates a dedicated manufacturing facility and, as of August 20, 2024, has a team of 65 employees.
Price Band
₹112
Issue Size
₹18.08 Cr
Lot Size
1200 shares
GMP
+26.8%
Est. Listing
₹142
at current GMP
Subscribed
71.17x
overall
Open
27 Aug 2024
Close
29 Aug 2024
Allotment
30 Aug 2024
Refund
31 Aug 2024
Demat Credit
1 Sep 2024
Listing
3 Sep 2024
Last updated: 28 Feb 2025
Current Premium
Issue Price (Upper)
₹112
Band: ₹112
Estimated Listing Price
₹142
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,34,400
Estimated Profit / Lot
₹36,000
1200 × ₹30
Grey Market Premium trend
+₹30
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹30 | 26.8% | ₹142 |
| 30 Oct 2026 | +₹30 | 26.8% | ₹142 |
| 29 Oct 2026 | +₹27 | 24.1% | ₹139 |
GMP is unofficial market data. Not a guarantee of listing performance.
Vdeal System Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹18.08 Crores. The shares are offered at a price band of ₹112 to ₹112 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,34,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-01, while un-allotted funds or UPI block mandates will be released on 2024-08-31.
The latest grey market premium for Vdeal System Limited IPO is ₹30, which indicates an expected listing price of ₹142.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.