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Virtuoso Optoelectronics Ltd.

Virtuoso Optoelectronics Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹56
₹56
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹56
Based on GMP
Min. Investment
₹112,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
02 Sep 2022
Close Date
07 Sep 2022
Allotment
12 Sep 2022
Listing Date
15 Sep 2022
Exchange
BSE SME
Price Band
₹56
Listing Price
See chart
Allotment Status
Price Band
₹56
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
54,00,000 shares (aggregating up to ₹30.24 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹112,000
1 lot
Pre-IPO Holding
1,49,82,516 shares
Promoters
Post-IPO Holding
2,03,82,516 shares
Promoters
P/E (Pre)
6.92x
 
UPI Deadline
2022-09-07
Mandate
Anchor AllotmentThu, 01 Sep 2022
Basis of AllotmentMon, 12 Sep 2022
Refund InitiationTue, 13 Sep 2022
Demat CreditWed, 14 Sep 2022
Listing DayThu, 15 Sep 2022
UPI Mandate Deadline2022-09-07
Sale TypeFresh Capital
Net Offer to Public51,20,000 shares (aggregating up to ₹28.67 Cr)
Market Maker Quota2,80,000 shares (aggregating up to ₹1.57 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Virtuoso Optoelectronics Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 07 Sep 2022.
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
280,000
₹1.57
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,400,000
100% ₹30.24
IPO Shares Offered
Virtuoso Optoelectronics Ltd. IPO total issue size: ₹30.24 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 280,000 ₹1.57
5.19%
Total 5,400,000 ₹30.24
100.00%
* Based on upper price band ₹56 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹56.00
Upper Band
Min Investment
₹112,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹224,000
Retail (Max — 13 Lots)1326,000₹1,456,000
S-HNI (Min — 14 Lots)1428,000₹1,568,000
B-HNI (Min — 68 Lots)68136,000₹7,616,000
* Issue Price ₹56 × Lot Size 2,000 shares
IPO Schedule
Anchor
01 Sep 2022
✓ Done
IPO Open
02 Sep 2022
✓ Done
IPO Close
07 Sep 2022
✓ Done
Allotment
12 Sep 2022
✓ Done
Refunds
13 Sep 2022
✓ Done
Demat Credit
14 Sep 2022
✓ Done
Listing Day
15 Sep 2022
✓ Done
Virtuoso Optoelectronics Ltd. — Live Price LIVE
₹56.00
INR · BSE
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Issue ₹56.00 Live Price
About Virtuoso Optoelectronics Ltd.
Incorporated in 2015, Virtuoso Optoelectronics Limited manufactures consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's current product portfolio of consumer goods includes (I) Split Air Conditioners; (ii) Water Heaters; (iii) LED Lighting products; and (iv) other miscellaneous products such as injection moulding components for air conditioners.Virtuoso Optoelectronics Limited serve under both original equipment manufacturer ("OEM") and original design manufacturer ("ODM") business models. Under the OEM model, the company manufacture and supplies products basis designs developed by the customers, who then further distribute these products under their brands. Under the ODM model, in addition to manufacturing, the company conceptualize and design the products which are then marketed to the customers' prospective customers under their brands.The company has two manufacturing facilities which are strategically located in and around Nashik (Maharashtra).Virtuoso Optoelectronics Limited also has a centralized R&D centre in Nashik (Maharashtra), focusing on the research and development of all aspects of OEM and ODM models including concept sketching, design refinement, generating optional features and testing.Competitive Strengths:Infrastructure and Integrated Manufacturing Facility.Culture of innovation and highly experienced and young management.Constant focus on developing new and innovative products.Economies of Scale.R&D and product design capabilities lead to ODM business generation.Availability of Performance Linked Incentives.Strong relationships with a diverse top-tier customer base.
Objects of the Issue
1
1 Funding incremental working capital requirements of our Company
2
2 General corporate purposes
Virtuoso Optoelectronics Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹20,028.2
31-Mar-22
₹11,551.3
31-Mar-21
₹6,839.3
31-Mar-20
Profit After Tax (PAT)
₹394.0
31-Mar-22
₹208.3
31-Mar-21
₹140.9
31-Mar-20
Particulars31-Mar-2031-Mar-2131-Mar-22
Revenue from Operations 6839.34 11551.30 20028.20
EBITDA N/A N/A N/A
Profit After Tax (PAT) 140.89 208.33 394.01
Net Worth 1123.99 1332.32 2126.34
Total Assets 5719.08 7989.63 12555.51
Reserves & Surplus 957.57 1165.90 628.08
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered54,00,000 (100.00%)
Net Offer to Public51,20,000 shares (aggregating up to ₹28.67 Cr)
Reserved for Market Maker2,80,000 shares (aggregating up to ₹1.57 Cr)
Pre-Issue Promoter Holding1,49,82,516 shares
Post-Issue Promoter Holding2,03,82,516 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Fedex Securities Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Virtuoso Optoelectronics Ltd. IPO subscribed?

Virtuoso Optoelectronics Ltd. IPO is subscribed 1.00 times by Sep 07, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Virtuoso Optoelectronics Ltd. IPO retail subscription status?

The Virtuoso Optoelectronics Ltd. IPO retail category is subscribed 1.00 times as of 07 Sep 2022. The retail portion is oversubscribed.

How to subscribe Virtuoso Optoelectronics Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 02 Sep 2022 and closes 07 Sep 2022. Min investment: ₹112,000 (1 lot = 2,000 shares). UPI mandate: 2022-09-07.

How many times Virtuoso Optoelectronics Ltd. IPO subscribed?

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

How to check Virtuoso Optoelectronics Ltd. IPO allotment?

Check allotment on the registrar website (Cameo Corporate Services Ltd.) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Sep 2022. Refunds: on 13 Sep 2022.

When Virtuoso Optoelectronics Ltd. IPO will be listed?

The Virtuoso Optoelectronics Ltd. IPO listing date is 15 Sep 2022, Thursday. Listed on: BSE SME. Issue price: ₹56. Estimated listing: ₹56. GMP: NIL.

When Virtuoso Optoelectronics Ltd. IPO close?

The Virtuoso Optoelectronics Ltd. IPO closes on 07 Sep 2022, Wednesday. UPI mandate: 2022-09-07. Allotment: 12 Sep 2022. Listing: 15 Sep 2022.