
Consumer Durables / Electronics · BSE
Incorporated in 2015, Virtuoso Optoelectronics Limited manufactures consumer durable goods and offers end-to-end product solutions across both OEM and ODM models. Its portfolio includes split air conditioners, water heaters, LED lighting products, and various injection-moulded components. The company operates two strategically located manufacturing facilities in and around Nashik, Maharashtra, and also has a centralized R&D center that handles concept design, product development, feature enhancement, and testing for both OEM and ODM clients.
Price Band
₹56
Issue Size
₹30.24 Cr
Lot Size
2000 shares
GMP
+98.2%
Est. Listing
₹111
at current GMP
Subscribed
96.83x
overall
Open
2 Sep 2022
Close
7 Sep 2022
Allotment
13 Sep 2022
Refund
14 Sep 2022
Demat Credit
15 Sep 2022
Listing
15 Sep 2022
Overall Subscription
96.83x
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) | 2,700,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 810,000 | — | 0.00x |
| Retail Individual (RII) | 1,890,000 | — | 0.00x |
| Total | 5,400,000 | 0 | 96.83x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 945 | 91,504 | 96.83x |
| HNIs (10L +) | 6 | 581 | 96.83x |
| HNIs (2-10L) | 29 | 2,808 | 96.83x |
| Total Applications | 980 | 94,893 | 96.83x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Virtuoso Optoelectronics Limited is bringing an initial public offering (IPO) in the Consumer Durables / Electronics sector with an aggregate issue size of ₹30.24 Crores. The shares are offered at a price band of ₹56 to ₹56 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2022-09-07, the basis of allotment is scheduled to be finalized on 2022-09-13. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Virtuoso Optoelectronics Limited IPO is ₹55 per equity share. Based on the upper price band of ₹56 to ₹56 per equity share, the estimated listing price is ₹111 (+98.2% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹55, the expected profit per application lot is approx ₹1,10,000 (+98.2% gain). Minimum application cost is approx ₹1,12,000.
The Virtuoso Optoelectronics Limited IPO aggregate issue size is ₹30.24 Crores with an equity price band set at ₹56 to ₹56 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,12,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 96.83x (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 (Cameo Corporate Services Limited) and the BSE status verification website on or around 2022-09-13. Investors can verify status using PAN card or application number.
Virtuoso Optoelectronics Limited shares are scheduled to list on BSE on 2022-09-15.