Vinsys IT Services Limited IPO Detail
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 Certification
- IT Development Services
- Digital Learning
- Project Management
- Technology training
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.
Company Promoters
Mr. Vikrant Shivajirao Patil and Mrs. Vinaya Vikrant Patil are the Promoters of the Company.IPO Details
| IPO Opening Date | Aug 01, 2023 |
| IPO Closing Date | Aug 04, 2023 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹121 - 128 per equity share |
| Market Lot | 1000 Shares |
| Min Order Quantity | 1000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹49.84 Cr |
| Fresh Issue | 3,894,000 shares (aggregating up to ₹[.] Cr) |
| Offer for Sale | - |
| Retail Portion | 35.00% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.00x | - | - | 0.00x | 0.00x | 0.00x |
| Day 2 | 0.00x | - | - | 0.00x | 0.00x | 0.00x |
| Day 3 | 0.00x | - | - | 0.00x | 0.00x | 0.00x |
| Day 4 | 0.00x | - | - | 0.00x | 0.00x | 0.00x |
| Day 5 | 0.01x | - | - | 1.62x | 6.70x | 3.70x |
| Day 6 | 1.27x | - | - | 5.42x | 20.58x | 11.81x |
| Day 7 | 7.78x | - | - | 20.57x | 57.66x | 35.46x |
| Day 8 | 36.95x | - | - | 105.67x | 111.39x | 88.91x |
IPO Tentative Timetable
The Vinsys IT Services Limited IPO open date is Aug 01, 2023, and the close date is Aug 04, 2023. The issue may list on Aug 14, 2023.
| IPO Open Date | Aug 01, 2023 |
| IPO Close Date | Aug 04, 2023 |
| Basis of Allotment Date | Aug 09, 2023 |
| Initiation of Refunds | Aug 10, 2023 |
| Credit of Shares to Demat Account | Aug 11, 2023 |
| IPO Listing Date | Aug 14, 2023 |
IPO Lot Size
The Vinsys IT Services Limited IPO market lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹128000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1000 | ₹128000 |
| Maximum | 1 | 1000 | ₹128000 |
IPO Promoter Holding
| Pre Issue Share Holding | 92.74% |
| Post Issue Share Holding | 68.13% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-22 | 3493.16 | 3202.69 | -51.61 |
| 31-Mar-23 | 7293.60 | 9632.25 | 1501.38 |
Objects of the Issue:
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Working Capital Requirements
- Loan to Subsidiary /Repayment of loan to Subsidiary
- General Corporate Purposes
- To meet Public Issue Expenses
Vinsys IT Services Limited IPO Registrar:
Link Intime India Private Ltd
Vinsys IT Services Limited IPO Lead Manager(s):
Beeline Capital Advisors Pvt Ltd
Company Contact Information:
Vinsys IT Services Limited
S. No. 28/11- 12, Shivaji Niketan, C.T.S. No. 458A Tejas Housing Society, Kothrud
Pune
Pune
