
Information Technology · NSE
Incorporated in 2010, Vertexplus Technologies Limited is an ISO 9001:2015 and ISO/IEC 27001:2013 certified IT company engaged in providing consulting, outsourcing, infrastructure, and digital solutions and services. With extensive experience across diverse industries, the company partners with organizations to meet their evolving IT requirements, enhance operational capabilities, and drive sustainable growth. Vertexplus emphasizes quality, timely delivery, and cost efficiency, executing complex enterprise projects through five delivery models — Off-shore, On-site, Hybrid, Global, and Strategic Partnerships.
Price Band
₹91 – ₹96
Issue Size
₹14.20 Cr
Lot Size
1200 shares
GMP
+8.3%
Est. Listing
₹104
at current GMP
Subscribed
11.01x
overall
Open
2 Mar 2023
Close
6 Mar 2023
Allotment
10 Mar 2023
Refund
11 Mar 2023
Demat Credit
12 Mar 2023
Listing
15 Mar 2023
Overall Subscription
11.01x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 739,583 | — | 0.00x |
| Non-Institutional (NII / HNI) | 221,875 | — | 0.00x |
| Retail Individual (RII) | 517,708 | — | 0.00x |
| Total | 1,479,166 | 0 | 11.01x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 431 | 4,745 | 11.01x |
| HNIs (10L +) | 3 | 33 | 11.00x |
| HNIs (2-10L) | 13 | 143 | 11.00x |
| Total Applications | 447 | 4,921 | 11.01x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Vertexplus Technologies Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹14.2 Crores. The shares are offered at a price band of ₹91 to ₹96 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,15,200 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 Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-03-12, while un-allotted funds or UPI block mandates will be released on 2023-03-11.
The latest Grey Market Premium (GMP) for Vertexplus Technologies Limited IPO is ₹8 per equity share. Based on the upper price band of ₹91 to ₹96 per equity share, the estimated listing price is ₹104 (+8.3% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹8, the expected profit per application lot is approx ₹9,600 (+8.3% gain). Minimum application cost is approx ₹1,15,200.
The Vertexplus Technologies Limited IPO aggregate issue size is ₹14.2 Crores with an equity price band set at ₹91 to ₹96 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,15,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 11.01x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2023-03-10. Investors can verify status using PAN card or application number.
Vertexplus Technologies Limited shares are scheduled to list on NSE on 2023-03-15.