Vdeal System Limited

Vdeal System is open for subscription from Tuesday, August 27, 2024, and closing on Thursday, August 29, 2024. The price for this IPO is set at Rs 112 per share. Vdeal System’ IPO is offering entirely a fresh issue of 16.14 lakh of equity shares. The allotment for this new IPO is expected to be finalized on Friday, August 30, 2024. The listing of this IPO will be done on Tuesday, September 3, 2024, at NSE SME segment. The minimum lot size set for the retail category is 1 lot, i.e., 1200 shares. For retail investors, the minimum and maximum investment amount required is Rs 134,400. However, for the HNI category, the minimum lot size is 2 lots, i.e., 2,400 shares amounting to Rs 268,800. The IPO is managed by Affinity Global Capital Market Private Limited, which is the book-running lead manager of this public issue. The company has appointed Cameo Corporate Services Private Limited as the registrar for the issue. In contrast, Black Fox Financial is the market maker for the Vdeal System IPO.