Vdeal System Limited

About the company

## **About  Vdeal System Limited** Incorporated in December 2009, Vdeal System is at the forefront of revolutionizing electrical control and automation solutions, offering a comprehensive suite of products and services tailored to meet the diverse needs of various industries. Specializing in Smart Low Voltage (LV) panels, Smart Medium Voltage (MV) panels, and Smart Variable Frequency Drive (VFD) panels, among other innovative products, Vdeal System is committed to adhering to the highest international IEC standards for quality and safety. The company’s extensive capabilities span from in-house product design and development to manufacturing, system integration, and servicing of automation solutions, positioning it as a pivotal player in the electrical control panel sector. In addition to its robust product offerings, Vdeal System is leveraging its strategic alliances with global electrical industry leaders to maintain a competitive edge. These partnerships facilitate access to advanced technologies and industry insights, enabling the company to deliver superior solutions. The company’s expertise in integrating sophisticated technologies such as Artificial Intelligence (AI), Machine Learning (ML), and Internet of Things (IoT) into its products further underscores its commitment to innovation. By adopting a Cloud-based Software as a Service (SaaS) model, Vdeal System aims to seamlessly connect people, processes, and devices, driving the next wave of technological advancement. The evolution of Electrical Control Panels from mechanical and manual systems to advanced smart solutions has transformed industrial automation. Vdeal System’s panels are now pivotal across various sectors, including manufacturing, energy, building automation, transportation, telecommunications, healthcare, retail, hospitality, and data centers. These panels enhance operational efficiency by automating processes, monitoring systems, and managing energy consumption, thereby addressing the growing demands for streamlined, reliable, and efficient control systems in today’s dynamic industrial landscape. With a clear vision to deliver high-quality, sustainable products and services, Vdeal System is dedicated to exceeding customer expectations through competitive pricing and innovative technology solutions. The company’s mission is to empower users with intelligent electrical solutions that enhance efficiency, reliability, and sustainability. As Vdeal System continues to expand its portfolio and integrate cutting-edge IoT systems, it remains committed to driving progress and delivering exceptional value to its stakeholders. Vdeal System Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. To meet the working capital requirements  1. Prepayment and repayment of all or a portion of certain secured and unsecured loan availed by the company. 1. General Corporate Purpose. 1. To meet the Offer expenses .

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   27 Aug 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   29 Aug 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   29 Aug 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   02 Sept 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   30 Aug 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   03 Sept 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.