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Vinsys IT IPO is a book build issue of ₹49.84 crores. The issue is entirely a fresh issue of 0.39 crore shares of ₹49.84 crore.
Vinsys IT IPO bidding started from Aug 1, 2023 and ended on Aug 4, 2023. The allotment for Vinsys IT IPO was finalized on Aug 9, 2023. The shares got listed on NSE SME on Aug 11, 2023.
Vinsys IT IPO price band is set at ₹128.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,21,000 (1000 shares). The minimum lot size investment for HNI is 2 lots (2,000 shares), amounting to ₹2,56,000.
Beeline Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Sunflower Broking Pvt.Ltd..
Refer to Vinsys IT IPO RHP for detailed Information.
| IPO Date | August 1, 2023 to August 4, 2023 |
| Listing Date | August 11, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹121 to ₹128 per share |
| Issue Price Final | ₹128 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 38,94,000 shares (aggregating up to ₹49.84 Cr) |
| Reserved for Market Maker | 1,95,000 shares Sunflower Broking Pvt.Ltd. (aggregating up to ₹2.50 Cr) |
| Net Offered to Public | 36,99,000 shares (aggregating up to ₹47.35 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,07,83,927 shares |
| Share Holding Post Issue | 1,46,77,927 shares |
Vinsys IT Services IPO offers total 38,94,000 shares. Out of which 18,48,000 (47.46%) allocated to QIB, 7,40,000 (19.00%) allocated to QIB, 5,56,000 (14.28%) allocated to NII, 12,95,000 (33.26%) allocated to RII and 11,08,000 (28.45%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,95,000 (5.01%) |
| QIB Shares Offered | 18,48,000 (47.46%) |
| − Anchor Investor Shares Offered | 11,08,000 (28.45%) |
| − QIB (Ex. Anchor) Shares Offered | 7,40,000 (19.00%) |
| NII (HNI) Shares Offered | 5,56,000 (14.28%) |
| Retail Shares Offered | 12,95,000 (33.26%) |
| Total Shares Offered | 38,94,000 (100.00%) |
Vinsys IT IPO raises ₹14.18 crore from anchor investors. Vinsys IT IPO Anchor bid date is July 31, 2023. Vinsys IT IPO Anchor Investors list
| Bid Date | July 31, 2023 |
| Shares Offered | 11,08,000 |
| Anchor Portion Size (In Cr.) | 14.18 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 8, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 7, 2023 |
Vinsys IT IPO opens on August 1, 2023, and closes on August 4, 2023.
| IPO Open Date | Tue, Aug 1, 2023 |
| IPO Close Date | Fri, Aug 4, 2023 |
| Tentative Allotment | Wed, Aug 9, 2023 |
| Initiation of Refunds | Thu, Aug 10, 2023 |
| Credit of Shares to Demat | Fri, Aug 11, 2023 |
| Tentative Listing Date | Fri, Aug 11, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Aug 4, 2023 |
Investors can bid for a minimum of 1,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,28,000 |
| Retail (Max) | 1 | 1,000 | ₹1,28,000 |
| HNI (Min) | 2 | 2,000 | ₹2,56,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2008, Vinsys IT Services India Limited is engaged in offering services in IT skill development, tranings, and certification domain. The company is a part of Vinsys Group.
As of now, the group comprises 8 entities operating in India, as well as having a marked global footprint in the USA and Middle Eastern Countries.
Vinsys IT Services India Limited offers:
Vinsys IT is an ISO 9001:2015 certified organization and is dedicated as an accredited training service provider to meet the growing demand for training and workforce development.
The company specializes in corporate training and consulting across a broad range of domains. They are a trusted partner for entities like Skillsoft, CompTIA, Oracle, PECB, EC-Council, AWS, Microsoft, ;Hybris Software, Red Hat, CISCO, IBM, Autodesk, PMI, PRINCE2, ISACA, ITIL, PeopleCert, and Citrix.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-21 | 2,739.97 | 2,041.04 | 34.78 | 773.51 | 673.51 | 1,427.08 |
| 31-Mar-22 | 3,493.16 | 3,202.69 | -51.61 | 716.07 | 616.07 | 2,050.32 |
| 31-Mar-23 | 7,293.60 | 9,632.25 | 1,501.38 | 2,472.51 | 1,472.51 | 2,310.80 |
| Amount in ₹ Lakhs | ||||||
The market capitalization of Vinsys IT IPO is ₹187.88 Cr.
| KPI | Values |
|---|---|
| ROE | 94.17% |
| ROCE | 51.46% |
| Debt/Equity | 0.93 |
| RoNW | 60.72% |
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
[Dilip Davda] The company operates in a highly competitive and fragmented segment with many players around. The sudden boost in its top and bottom line for FY23 raise eyebrows and concern over the sustainability going forward. It posted a loss for FY22 and then the sudden jump in top and bottom lines in pre-IPO year appears to be window dressing. Due to such super earnings, the issue appears reasonably priced. Well-informed investors may consider parking funds for the medium term. Read detail review...
| Listing Date | August 11, 2023 |
| BSE Script Code | |
| NSE Symbol | VINSYS |
| ISIN | INE0OSJ01014 |
| Final Issue Price | ₹128 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹128.00 |
| Open | ₹207.25 |
| Low | ₹200.10 |
| High | ₹217.60 |
| Last Trade | ₹217.60 |
Vinsys IT Services India Ltd.
S. No. 28/11- 12, Shivaji Niketan, C.T.S. No. 458A
Tejas Housing Society,
Kothrud,
Pune, Maharashtra, 411038
Phone: +91 2025382807/43
Email: compliance@vinsys.com
Website: https://www.vinsys.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: vinsys.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Vinsys IT IPO is a SME IPO of 38,94,000 equity shares of the face value of ₹10 aggregating up to ₹49.84 Crores. The issue is priced at ₹128 per share. The minimum order quantity is 1000.
The IPO opens on August 1, 2023, and closes on August 4, 2023.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Vinsys IT IPO using UPI as a payment gateway. Zerodha customers can apply in Vinsys IT IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vinsys IT IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vinsys IT IPO opens on August 1, 2023 and closes on August 4, 2023.
Vinsys IT IPO lot size is 1000, and the minimum amount required for application is ₹1,28,000.
You can apply in Vinsys IT IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Vinsys IT IPO will be done on Wednesday, August 9, 2023, and the allotted shares will be credited to your demat account by Friday, August 11, 2023. Check the Vinsys IT IPO allotment status.
The Vinsys IT IPO listing date is on Friday, August 11, 2023.
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