Virtuoso Optoelectronics Limited IPO Detail

Incorporated in 2015, Virtuoso Optoelectronics Limited manufactures consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's current product portfolio of consumer goods includes (I) Split Air Conditioners; (ii) Water Heaters; (iii) LED Lighting products; and (iv) other miscellaneous products such as injection moulding components for air conditioners.

Virtuoso Optoelectronics Limited serve under both original equipment manufacturer ("OEM") and original design manufacturer ("ODM") business models. Under the OEM model, the company manufacture and supplies products basis designs developed by the customers, who then further distribute these products under their brands. Under the ODM model, in addition to manufacturing, the company conceptualize and design the products which are then marketed to the customers' prospective customers under their brands.

The company has two manufacturing facilities which are strategically located in and around Nashik (Maharashtra).

Virtuoso Optoelectronics Limited also has a centralized R&D centre in Nashik (Maharashtra), focusing on the research and development of all aspects of OEM and ODM models including concept sketching, design refinement, generating optional features and testing.

Competitive Strengths:

• Infrastructure and Integrated Manufacturing Facility.
• Culture of innovation and highly experienced and young management.
• Constant focus on developing new and innovative products.
• Economies of Scale.
• R&D and product design capabilities lead to ODM business generation.
• Availability of Performance Linked Incentives.
• Strong relationships with a diverse top-tier customer base.