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Vertexplus Technologies IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Jaipur and caters to Information Technology - Data Solutions sector. Beeline Capital Advisors Private is the merchant banker of Vertexplus Technologies IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th September 2022.
Vertexplus Technologies IPO open date is 2nd March 2023 and close date is 6th March 2023. IPO Allotment Date is 10th March 2023 and Listing date is 15th March 2023.Vertexplus Technologies IPO size is Rs 14.20 Cr. crores with IPO price of Rs 96.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Vertexplus Technologies IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Prabhat Financial Services Limited for Vertexplus Technologies IPO.
Vertexplus Technologies IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Nav Capital Vcc | 207,600.00 | ₹96.00 | ₹19,929,600.00 |
| Zinnia Global Fund | 207,600.00 | ₹96.00 | ₹19,929,600.00 |
Vertexplus Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Vertexplus Technologies IPO, based in Jaipur, operates in the Information Technology - Data Solutions sector with a focus on consulting outsourcing Infra. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Vertexplus Technologies IPO size is ₹ 14.20 Cr. Crores with fresh issue size of Rs 14.20 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Vertexplus Technologies IPO is expected to be 10th March 2023, after the finalization of basis of allotment. Investors can check Vertexplus Technologies IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Vertexplus Technologies IPO refund dates are 13th March 2023.
Vertexplus Technologies IPO is expected to be listed on 15th March 2023.
The upper price band for the Vertexplus Technologies IPO is set at ₹ 96.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Vertexplus Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Vertexplus Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th March 2023. After submission, funds are blocked until the basis of allotment of Vertexplus Technologies IPO is finalised.
The merchant banker for Vertexplus Technologies IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Vertexplus Technologies IPO RHP for further details.
The registrar for Vertexplus Technologies IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Vertexplus Technologies IPO through their official website or helpline.
Vertexplus Technologies IPO was subscribed 11.01 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 14.20 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.76 Cr.
Sector: Information Technology - Data Solutions
SME IPO so far:
48
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Jaipur
SME IPO so far:
31
Revenue (annualised):
₹ 21.10 cr.
PE
Ratio:
28.83x
Average Sector PE Ratio: 18.61x
Vertexplus Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Vertexplus Technologies Financial Review Page
Merchant Banker(s) of Vertexplus Technologies IPO: Beeline Capital Advisors Private Limited
Vertexplus Technologies IPO subscription was 11.01 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Vertexplus Technologies IPO listed at a listing price of 101.00 against the offer price of 96.00.
The current market price of Vertexplus Technologies is 94.50.
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