Vertexplus Technologies Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

02 Mar 2023

Close Date

06 Mar 2023

Allotment

10 Mar 2023

Listing Date

15 Mar 2023

Exchange

NSE SME

Price Band

₹96

Listing Price

See chart

Allotment Status

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Price Band

₹96

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

14,79,600 shares (aggregating up to ₹14.20 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹115,200

1 lot

Pre-IPO Holding

40,00,000 shares

Promoters

Post-IPO Holding

54,79,600 shares

Promoters

P/E (Pre)

28.83x

UPI Deadline

2023-03-06

Mandate

Anchor AllotmentWed, 01 Mar 2023

Basis of AllotmentFri, 10 Mar 2023

Refund InitiationMon, 13 Mar 2023

Demat CreditTue, 14 Mar 2023

Listing DayWed, 15 Mar 2023

UPI Mandate Deadline2023-03-06

Sale TypeFresh Capital

Net Offer to Public14,05,200 shares (aggregating up to ₹13.49 Cr)

Market Maker Quota74,400 shares (aggregating up to ₹0.7142 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

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Subscription Rate Final

Vertexplus Technologies Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Mar 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	74,400	—	₹0.71
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,479,600	100%	₹14.20

IPO Shares Offered

Vertexplus Technologies Ltd IPO total issue size: ₹14.20 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	74,400	₹0.71	5.03%
Total	1,479,600	₹14.20	100.00%

* Based on upper price band ₹96 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹96.00

Upper Band

Min Investment

₹115,200

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹230,400
Retail (Max — 13 Lots)	13	15,600	₹1,497,600
S-HNI (Min — 14 Lots)	14	16,800	₹1,612,800
B-HNI (Min — 68 Lots)	68	81,600	₹7,833,600

* Issue Price ₹96 × Lot Size 1,200 shares

IPO Schedule

Anchor

01 Mar 2023

✓ Done

IPO Open

02 Mar 2023

✓ Done

IPO Close

06 Mar 2023

✓ Done

Allotment

10 Mar 2023

✓ Done

Refunds

13 Mar 2023

✓ Done

Demat Credit

14 Mar 2023

✓ Done

Listing Day

15 Mar 2023

✓ Done

₹96.00

INR · NSE

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Issue ₹96.00 Live Price

About Vertexplus Technologies Ltd

Incorporated in 2010, Vertexplus Technologies Limited is an ISO 9001:2015 and ISO/IEC 27001:2013 certified Information Technology company. The company is engaged in consulting, outsourcing, infrastructure, and digital solutions and services.Over the years, the company has gained experience across various industries and sectors. We collaborate with companies to fulfill their ever-evolving Information Technology needs and support their business with our enabling solutions to strengthen their current capabilities and build pathways for sustainable growth.Vertexplus ensures quality and time delivery in the most cost-effective manner to determine the success of complex enterprise projects through five delivery models:Off-shore ModelOn-site ModelHybrid ModelGlobal ModelStrategic Partnerships

Objects of the Issue

To Meet Working Capital Requirement

General Corporate Purpose

Vertexplus Technologies Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹2,025.6

31-Mar-21

₹2,132.0

31-Mar-22

₹1,091.7

30-Sep-22

Profit After Tax (PAT)

₹105.0

31-Mar-21

₹186.1

31-Mar-22

₹91.3

30-Sep-22

Particulars	30-Sep-22	31-Mar-22	31-Mar-21
Revenue from Operations	1091.71	2132.04	2025.61
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	91.26	186.05	104.98
Net Worth	807.62	673.11	487.15
Total Assets	1599.17	1308.76	1103.71
Reserves & Surplus	407.62	273.11	486.15
Borrowings	360.61	279.15	227.40
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered14,79,600 (100.00%)

Net Offer to Public14,05,200 shares (aggregating up to ₹13.49 Cr)

Reserved for Market Maker74,400 shares (aggregating up to ₹0.7142 Cr)

Pre-Issue Promoter Holding40,00,000 shares

Post-Issue Promoter Holding54,79,600 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Skyline Financial Services Pvt.Ltd.

02228511022

grievances@skylinerta.com

https://www.skylinerta.com/ipo.php

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Book Running Lead Managers

Beeline Capital Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Vertexplus Technologies Ltd IPO subscribed? ▲

Vertexplus Technologies Ltd IPO is subscribed 1.00 times by Mar 06, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Vertexplus Technologies Ltd IPO retail subscription status? ▼

The Vertexplus Technologies Ltd IPO retail category is subscribed 1.00 times as of 06 Mar 2023. The retail portion is oversubscribed.

How to subscribe Vertexplus Technologies Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 02 Mar 2023 and closes 06 Mar 2023. Min investment: ₹115,200 (1 lot = 1,200 shares). UPI mandate: 2023-03-06.

How many times Vertexplus Technologies Ltd IPO subscribed? ▼

The Vertexplus Technologies Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Vertexplus Technologies Ltd IPO allotment? ▼

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd.) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Mar 2023. Refunds: on 13 Mar 2023.

When Vertexplus Technologies Ltd IPO will be listed? ▼

The Vertexplus Technologies Ltd IPO listing date is 15 Mar 2023, Wednesday. Listed on: NSE SME. Issue price: ₹96. Estimated listing: ₹96. GMP: NIL.

When Vertexplus Technologies Ltd IPO close? ▼

The Vertexplus Technologies Ltd IPO closes on 06 Mar 2023, Monday. UPI mandate: 2023-03-06. Allotment: 10 Mar 2023. Listing: 15 Mar 2023.

Quick Actions

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Live Price LIVE

Last Price₹96.00

Change—

Issue Price₹96.00

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Quick Summary

StatusListed

Issue Price₹96

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹115,200

GMPNIL

Est. Listing₹96

Subscribed1.00x

Open Date02 Mar 2023

Close Date06 Mar 2023

Allotment10 Mar 2023

Listing Date15 Mar 2023

ExchangeNSE SME

UPI Deadline2023-03-06