Vdeal System IPO Allotment Status

Summary

Vdeal System IPO has garnered a robust response from investors, closing with an impressive subscription of 70.75 times by 29th August 2024 (Day 3). The public issue witnessed substantial demand across various investor categories, with the Retail Investors category leading the charge. The Retail segment was subscribed 75.59 times, reflecting significant interest from individual investors.

The Non-Institutional Investors (NII) category also demonstrated strong engagement, subscribing 61.32 times, indicating confidence from wealthy individual investors and smaller institutions in Vdeal System's market potential. The overall subscription of 70.75 times highlights the attractiveness of the offering across investor categories.

How to Check Vdeal System IPO Allotment Status:

How do you Check Vdeal System IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web gateway of Cameo Corporate Services Limited. (https://ipo.cameoindia.com/)

Step 2: From the selection menu, choose Vdeal System IPO (the name will show only after the allotment is finalised).

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA."

Step 5: Enter the information relevant to the mode you have chosen.

Step 6: For security reasons, please fill out the captcha accurately.

Step 7: Click "Submit."

How to Check Vdeal System IPO Allotment Status on BSE?

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the Vdeal System IPO can monitor the allotment status:

Step 1: Click on this link: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Click on "Issue Type" and choose "Equity."

Step 3: Choose "Vdeal System Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number.

Step 5: Give the PAN ID.

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.
Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status that indicates the available shares for allocation should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account?

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Vdeal System IPO Timeline:

Vdeal System IPO Subscription Status

The IPO of Vdeal System received 70.75 subscriptions. By 29th August 2024 (Day 3), the public issue had been subscribed 75.59 times in the retail category and 61.32 times in the NII category.

Subscription Day 3 (as of 5:52:02 PM)
Total Subscription: 70.75 times.
Non-institutional investors: 61.32 times.
Retail investors: 75.59 times.

Subscription Day 2
Total Subscription: 13.31 times.
Non-institutional investors: 4.18 times.
Retail investors: 22.44 times.

Subscription Day 1
Total Subscription: 4.51 times.
Non-institutional investors: 1.22 times.
Retail investors: 7.80 times.

Vdeal System IPO Details

Vdeal System's initial public offering (IPO) is a fixed price issue amounting to ₹ 18.08 crores. This offering consists of a fresh issue of 16.14 lakh shares.

The bidding process for the Vdeal System IPO commenced on 27 August 2024 and concluded on 29 August 2024. The allotment results for this IPO are anticipated to be finalised on 30 August 2024. Furthermore, the shares of Vdeal System are set to be listed on the NSE SME, with a provisional listing date scheduled for 3 September 2024.
The price for the Vdeal System IPO has been established at ₹112 per share. Investors must apply for a minimum lot size of 1200 shares, which requires a minimum investment of ₹134,400 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (2,400 shares), totalling ₹268,800.

Affinity Global Capital Market Private Limited is the book-running lead manager for the Vdeal System IPO, and Cameo Corporate Services Limited is designated as the registrar.

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