Vertexplus Technologies IPO GMP, Date, Price, Review, Allotment 2023 – IPO Watch
Written by Lucky Wilson | KGTO Writer on February 27, 2023
Vertexplus Technologies IPO Details: Vertexplus Technologies IPO date is fixed, The IPO will open on March 2 and will close on March 6, 2023. Vertexplus Technologies is an NSE SME IPO to raise ₹14.21 crores via IPO. The Vertexplus Technologies IPO price band is fixed at ₹91 to ₹96 with a market lot of 1200 shares.
Vertexplus Technologies Limited is a technology company engaged in Consulting, IT Solutions, and Digital Experience Services, across different industry verticals. The company has been working in the same vertical for the last 17 years. They provide innovative technology solutions and service models for business impact, through state-of-the-art infrastructure, well-crafted strategy, rigorous execution, and engagement approach.
Vertexplus served 700+ clients with 1000+ Services & Projects completed and running. They have a team of 350+ highly talented professionals that fulfill the dynamic requirements of clients worldwide, including Fortune 500 companies. Some of their trusted clients are Nokia, Airtel, MTS, Paytm, Tistabene, Hindustan Power, NetMD, Align, Resonance Digital Labs, Borosil, Ananta, FabIndia, Aircel, Kanha, and many more.
Objects of the Issue:
- To Meet Working Capital Requirement.
- General Corporate Purpose.
- To Meet the Issue Expenses.
Vertexplus Technologies IPO Review
| Date | GMP | Kostak | Subject to |
| 27 February | ₹10 | ₹- | ₹- |
Vertexplus Technologies IPO Date & Price Band Details
| IPO Open: | March 2, 2023 |
| IPO Close: | March 6, 2023 |
| IPO Size: | Approx ₹14.21 Crores, 14,80,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹91 to ₹96 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Vertexplus Technologies IPO Market Lot
The Vertexplus Technologies IPO minimum market lot is 1200 shares with a ₹115,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹115,200 |
| Retail Maximum | 1 | 1200 | ₹115,200 |
| S-HNI Minimum | 2 | 2400 | ₹230,400 |
Vertexplus Technologies IPO Dates
The Vertexplus Technologies IPO date is March 2 and the IPO close date is March 6. The IPO allotment date is March 10 and the IPO might list on March 15.
| IPO Open Date: | March 2, 2023 |
| IPO Close Date: | March 6, 2023 |
| Basis of Allotment: | March 10, 2023 |
| Refunds: | March 13, 2023 |
| Credit to Demat Account: | March 14, 2023 |
| IPO Listing Date: | March 15, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Vertexplus Technologies IPO Form
How to apply Vertexplus Technologies IPO? You can apply Vertexplus Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vertexplus Technologies IPO in the Invest section. The other option you can apply Vertexplus Technologies IPO via IPO forms download via the NSE website. Check out the Vertexplus Technologies forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Vertexplus Technologies Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹19.64 | ₹18.93 | ₹0.61 |
| 2021 | ₹20.26 | ₹18.80 | ₹1.05 |
| 2022 | ₹21.32 | ₹18.84 | ₹1.86 |
Vertexplus Technologies IPO Valuation – FY2022
Check Vertexplus Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹4.56 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 27.64% |
| Net Asset Value (NAV): | ₹16.83 per Equity Share |
Peer Group
- Ksolves India Limited
- Sigma Solves Limited
- Mr. Sandeep Kumar Pahariya
- Mrs. Niru Pahariya
Vertexplus Technologies IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/
Vertexplus Technologies IPO Allotment Status
Check Vertexplus Technologies IPO allotment status on Skylinerta website URL. Click Here
Vertexplus Technologies IPO Lead Managers
- Beeline Capital Advisors Pvt Ltd
Company Address
Vertexplus Technologies Limited
B-19, 10-B Scheme,
Gopalpura Road
Jaipur – 302018
Phone: +91 141 6622200 / 02
Email: [email protected]
Website: https://www.vertexplus.com/global/en/
Vertexplus Technologies IPO FAQs
What is Vertexplus Technologies IPO?
Vertexplus Technologies IPO is an NSE SME IPO. They are going to raise ₹14.21 Crores via IPO. The issue is priced at ₹91 to ₹96 per equity share. The IPO is to be listed on NSE.
When Vertexplus Technologies IPO will open?
The IPO is to open on March 2, 2023 for QIB, NII, and Retail Investors.
What is Vertexplus Technologies IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Vertexplus Technologies IPO?
You can apply Vertexplus Technologies IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Vertexplus Technologies IPO through Zerodha?
How to Apply the Vertexplus Technologies IPO through Upstox?
How to Apply the Vertexplus Technologies IPO through Paytm Money?
What is Vertexplus Technologies IPO Size?
Vertexplus Technologies IPO size is ₹14.21 crores.
What is Vertexplus Technologies IPO Price Band?
Vertexplus Technologies IPO Price Band is ₹91 to ₹96 per equity share.
What is Vertexplus Technologies IPO Minimum and Maximum Lot Size?
The IPO bid is 1200 shares with ₹115,200.
What is Vertexplus Technologies IPO Allotment Date?
Vertexplus Technologies IPO allotment date is March 10, 2023.
What is Vertexplus Technologies IPO Listing Date?
Vertexplus Technologies IPO listing date is March 15, 2023. The IPO to list on NSE SME.
Note: The Vertexplus Technologies IPO details are announced officially. The IPO grey market premium (Vertexplus Technologies IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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