IPO Issue Details
Issue Price / Price Band₹128 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size38,94,000 shares (aggregating up to ₹49.84 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 01 Aug 2023
Subscription CloseFri, 04 Aug 2023
Anchor AllotmentMon, 31 Jul 2023
Basis of AllotmentWed, 09 Aug 2023
Initiation of RefundsThu, 10 Aug 2023
Credit of Shares to DematFri, 11 Aug 2023
Listing DateFri, 11 Aug 2023
UPI Mandate Deadline2023-08-04
Application & Investment Details
Retail — Min (1 Lots)₹1,28,000 — 1,000 shares
Retail — Max (13 Lots)₹1,664,000 (13 Lots)
HNI — Min (2 Lots)₹2,56,000 — 2,000 shares
EPS (Pre-IPO)₹15.01
P/E Ratio (Pre-IPO)12.51x
Net Offer to Public36,99,000 shares (aggregating up to ₹47.35 Cr)
Reserved for Market Maker1,95,000 shares (aggregating up to ₹2.50 Cr)
Pre-IPO Promoter Holding1,07,83,927 shares
Post-IPO Promoter Holding1,46,77,927 shares
About Vinsys IT Services India Ltd.
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:Training and CertificationIT Development ServicesDigital LearningProject ManagementTechnology trainingVinsys 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.
Objects of the Issue
Vinsys IT Services India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
To Meet Working Capital Requirements
24.16
2
Repayment of loan to Subsidiary
3.90
4
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,07,83,927 shares
Post-IPO Promoter Holding
1,46,77,927 shares