IPO Issue Details
Issue Price / Price Band₹96 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size14,79,600 shares (aggregating up to ₹14.20 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 02 Mar 2023
Subscription CloseMon, 06 Mar 2023
Anchor AllotmentWed, 01 Mar 2023
Basis of AllotmentFri, 10 Mar 2023
Initiation of RefundsMon, 13 Mar 2023
Credit of Shares to DematTue, 14 Mar 2023
Listing DateWed, 15 Mar 2023
UPI Mandate Deadline2023-03-06
Application & Investment Details
Retail — Min (1 Lots)₹1,15,200 — 1,200 shares
Retail — Max (13 Lots)₹1,497,600 (13 Lots)
HNI — Min (3 Lots)₹2,30,400 — 2,400 shares
P/E Ratio (Pre-IPO)28.83x
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-IPO Promoter Holding40,00,000 shares
Post-IPO Promoter Holding54,79,600 shares
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
Vertexplus Technologies Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To Meet Working Capital Requirement
10.00
2
General Corporate Purpose
3..08
Shareholding & Lock-in
Pre-IPO Promoter Holding
40,00,000 shares
Post-IPO Promoter Holding
54,79,600 shares