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Vinsys IT Services IPO is a book built issue of Rs 49.84 crores. The issue is entirely a fresh issue of 38.94 lakh shares.
Vinsys IT Services IPO bidding started from August 1, 2023 and ended on August 4, 2023. The allotment for Vinsys IT Services IPO was finalized on Wednesday, August 9, 2023. The shares got listed on NSE SME on August 11, 2023.
Vinsys IT Services IPO price band is set at ₹121 to ₹128 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹128,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹256,000.
Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Vinsys IT Services IPO, while Link Intime India Private Ltd is the registrar for the issue. The market maker for Vinsys IT Services IPO is Sunflower Broking.
Refer to Vinsys IT Services IPO RHP for detailed information.
| IPO Date | August 1, 2023 to August 4, 2023 |
| Listing Date | August 11, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹121 to ₹128 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 3,894,000 shares (aggregating up to ₹49.84 Cr) |
| Fresh Issue | 3,894,000 shares (aggregating up to ₹49.84 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 10,783,927 |
| Share holding post issue | 14,677,927 |
| Market Maker portion | 195,000 shares Sunflower Broking |
Vinsys IT Services IPO offers 3,894,000 shares. 740,000 (19.00%) to QIB, 556,000 (14.28%) to NII, 1,295,000 (33.26%) to RII 1,108,000 (28.45%) to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 1,108,000 (28.45%) |
| Market Maker Shares Offered | 195,000 (5.01%) |
| QIB Shares Offered | 740,000 (19.00%) |
| NII (HNI) Shares Offered | 556,000 (14.28%) |
| Retail Shares Offered | 1,295,000 (33.26%) |
| Total Shares Offered | 3,894,000 (100%) |
Vinsys IT Services IPO raises Rs 14.18 crore from anchor investors. Vinsys IT Services IPO Anchor bid date is July 31, 2023. Vinsys IT Services IPO Anchor Investors list
| Bid Date | July 31, 2023 |
| Shares Offered | 1,108,000 |
| 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 Services IPO opens on August 1, 2023, and closes on August 4, 2023.
| IPO Open Date | Tuesday, August 1, 2023 |
| IPO Close Date | Friday, August 4, 2023 |
| Basis of Allotment | Wednesday, August 9, 2023 |
| Initiation of Refunds | Thursday, August 10, 2023 |
| Credit of Shares to Demat | Friday, August 11, 2023 |
| Listing Date | Friday, August 11, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 4, 2023 |
Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹128,000 |
| Retail (Max) | 1 | 1000 | ₹128,000 |
| HNI (Min) | 2 | 2,000 | ₹256,000 |
| Lot Size Calculator | |||
Mr. Vikrant Shivajirao Patil and Mrs. Vinaya Vikrant Patil are the Promoters of the Company.
| Share Holding Pre Issue | 92.74% |
| Share Holding Post Issue | 68.13% |
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 Services IPO is Rs 187.88 Cr.
| KPI | Values |
|---|---|
| ROE | 94.17% |
| ROCE | 51.46% |
| Debt/Equity | 0.93 |
| RoNW | 60.72% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 15.01 | |
| P/E (x) | 12.51 |
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...
The Vinsys IT Services IPO is subscribed 89.00 times on August 4, 2023 7:29:00 PM. 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) |
|---|---|
| QIB | 36.95 |
| NII | 105.75 |
| Retail | 111.56 |
| Total | 89.00 |
Total Application : 144,469 (111.56 times)
| Listing Date | August 11, 2023 |
| BSE Script Code | |
| NSE Symbol | VINSYS |
| ISIN | INE0OSJ01014 |
| Final Issue Price | ₹128 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹128.00 |
| ₹207.25 |
| ₹200.10 |
| ₹217.60 |
| ₹217.60 |
Vinsys IT Services Limited
S. No. 28/11- 12, Shivaji Niketan, C.T.S. No. 458A
Tejas Housing Society,
Kothrud, Pune - 411038
Phone: +91 2025382807/43
Email: compliance@vinsys.com
Website: https://www.vinsys.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: vinsys.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
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Vinsys IT Services IPO is a SME IPO of 3,894,000 equity shares of the face value of ₹10 aggregating up to ₹49.84 Crores. The issue is priced at ₹121 to ₹128 per share. The minimum order quantity is 1000 Shares.
The IPO opens on August 1, 2023, and closes on August 4, 2023.
Link Intime India Private 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 Services IPO using UPI as a payment gateway. Zerodha customers can apply in Vinsys IT Services IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vinsys IT Services IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vinsys IT Services IPO opens on August 1, 2023 and closes on August 4, 2023.
Vinsys IT Services IPO lot size is 1000 Shares, and the minimum amount required is ₹128,000.
You can apply in Vinsys IT Services IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Vinsys IT Services 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 Services IPO allotment status.
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