What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Vdeal System Limited IPO?

Vdeal System Limited IPO has received a total subscription of 71.17 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Vdeal System Limited

ListedSME

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

₹30

+26.8%

Est. Listing

₹142

at current GMP

Subscribed

71.17x

overall

Open

27 Aug 2024

29 Aug 2024

Allotment

30 Aug 2024

Refund

31 Aug 2024

Demat Credit

1 Sep 2024

Listing

3 Sep 2024

Last updated over 1 year ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

71.17x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

61.82x

High Net-Worth

Retail (RII)

80.51x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 71.17x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	765,600	47,329,200	61.82x
RETAIL	766,800	61,735,200	80.51x
Total	1,532,400	109,064,400	71.17x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 79.86x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	471	37,920	80.51x
HNIs (10L +)	3	185	61.82x
HNIs (2-10L)	14	865	61.82x
Total Applications	488	38,970	79.86x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Vdeal System Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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 Schedule:

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.

Frequently Asked Questions

What is Vdeal System Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Vdeal System Limited IPO is ₹30 per equity share. Based on the upper price band of ₹112 to ₹112 per equity share, the estimated listing price is ₹142 (+26.8% expected listing gain).

What is the expected profit per lot for Vdeal System Limited IPO?

With a lot size of 1200 shares and current GMP of ₹30, the expected profit per application lot is approx ₹36,000 (+26.8% gain). Minimum application cost is approx ₹1,34,400.

What is the issue size and price band for Vdeal System Limited IPO?

The Vdeal System Limited IPO aggregate issue size is ₹18.08 Crores with an equity price band set at ₹112 to ₹112 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,34,400.

How can I check Vdeal System Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 71.17x (Retail: 80.51x, QIB: 0.00x, NII: 61.82x). You can track live multiples directly on our dedicated subscription page.

Where and when will Vdeal System Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2024-08-30. Investors can verify status using PAN card or application number.

When is the listing date for Vdeal System Limited IPO?

Vdeal System Limited shares are scheduled to list on NSE on 2024-09-03.