Bookbuilding IPO | ₹50 Cr | Listed at NSE SME | Tue, Aug 1, 2023 - Fri, Aug 4, 2023
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 per share. The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,28,000 (1000 shares) (based on upper price). The minimum lot size for investment in 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 Open
Tue, Aug 1, 2023
IPO Close
Fri, Aug 4, 2023
Issue Price
₹128 per share
Market Cap (Pre-IPO)
₹187.88 Cr
| IPO Date | 1 to 4 Aug, 2023 |
| Listed on | Fri, Aug 11, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹121 to ₹128 |
| Issue Price | ₹128 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 38,94,000 shares (agg. up to ₹50 Cr) |
| Reserved for Market Maker | 1,95,000 shares Sunflower Broking Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 36,99,000 shares (agg. up to ₹47 Cr) |
| Net Offered to Public | 36,99,000 shares (agg. up to ₹47 Cr) |
| Share Holding Pre Issue | 1,07,83,927 shares |
| Share Holding Post Issue | 1,46,77,927 shares |
| NSE Symbol | VINSYS |
| ISIN | INE0OSJ01014 |
Vinsys IT IPO comprises a total issue size of 38,94,000 shares. The net offer to the public is 36,99,000 shares, after excluding 1,95,000 shares allotted on a firm basis. Of the Net offer 18,48,000 (49.96%) are allocated to QIB, 5,56,000 (15.03%) allocated to NII 12,95,000 (35.01%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 18,48,000 | 49.96% | 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 | 15.03% | 14.28% |
| Retail Shares Offered | 12,95,000 | 35.01% | 33.26% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,95,000 | 5.01% | |
| Total Shares Offered | 38,94,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,000 shares and in multiples thereof.
| 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 |
Vinsys IT IPO raises ₹14.18 crore from anchor investors. Vinsys IT IPO Anchor bid date is July 31, 2023.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Jul 31, 2023 |
| Shares Offered | 11,08,000 |
| Anchor Portion (₹ Cr.) | 14.18 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Sep 8, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Nov 7, 2023 |
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 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 72.94 | 34.93 | 27.40 |
| Total Income | 96.32 | 32.03 | 20.41 |
| Profit After Tax | 15.01 | -0.52 | 0.35 |
| NET Worth | 24.73 | 7.16 | 7.74 |
| Reserves and Surplus | 14.73 | 6.16 | 6.74 |
| Total Borrowing | 23.11 | 20.50 | 14.27 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 24.16 |
| 2 | Repayment of loan to Subsidiary | 3.90 |
| 3 | Loan to Subsidiary | 4.10 |
| 4 | General Corporate Purposes |
| KPI | |
|---|---|
| ROE | 94.17% |
| ROCE | 51.46% |
| Debt/Equity | 0.93 |
| RoNW | 60.72% |
| PAT Margin | 15.83% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 15.01 | |
| P/E (x) | 12.51 | |
| Promoter Holding | 92.74% | 68.13% |
| Market Cap | ₹187.88 Cr. |
The Vinsys IT Services IPO is subscribed 89 times on August 4, 2023 7:29:00 PM (Day 4). The public issue subscribed 111.56 times in the retail category, 36.95 times in the QIB category, and 105.75 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 36.95 | 7,40,000 | 2,73,42,000 |
| NII* | 105.75 | 5,56,000 | 5,87,98,000 |
| Retail | 111.56 | 12,95,000 | 14,44,69,000 |
| Total | 89 | 25,91,000 | 23,06,09,000 |
Total Application : 1,44,469
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees including Underwriting Commission | |
| 2 | Fees Payable to Registrar to the Issue | |
| 3 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | |
| 4 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | |
| 5 | Fees payable to Peer Review Auditor | |
| 6 | Fees Payable to Market Maker (for Two Years) | |
| 7 | Escrow Bank Fees |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹128.00 |
| Open | ₹207.25 |
| Low | ₹200.10 |
| High | ₹217.60 |
| Last Trade | ₹217.60 |
Lead Manager Reports
Vinsys IT IPO is a SME IPO of 38,94,000 equity shares of the face value of ₹10 aggregating up to ₹50 Crores. The issue is priced at ₹128 per share. The minimum order quantity is 1000.
The IPO opens on Tue, Aug 1, 2023, and closes on Fri, Aug 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 Tue, Aug 1, 2023 and closes on Fri, Aug 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 Fri, Aug 11, 2023. Check the Vinsys IT IPO allotment status.
The Vinsys IT IPO listing date is on Fri, Aug 11, 2023.
