Virtuoso Optoelectronics IPO Details

Virtuoso Optoelectronics IPO subscription is to open on Sep 02, 2022 and will close on Sep 07, 2022, the price band of the Virtuoso Optoelectronics IPO is fixed at ₹ 56. Virtuoso Optoelectronics manufacture consumer durable goods and assemble a wide array of products and provide end-to-end product solutions.

Virtuoso Optoelectronics IPO

About Virtuoso Optoelectronics

Virtuoso Optoelectronics manufacture consumer durable goods and assemble a wide array of products and provide end-to-end product solutions. Virtuoso Optoelectronics serve under both original equipment manufacturer (“OEM”) and original design manufacturer (“ODM”) business models. Under the OEM model, Virtuoso Optoelectronics manufacture and supply products basis designs developed by the customers, who then further distribute these products under their own brands. Under the ODM model, in addition to manufacturing, Virtuoso conceptualize and design the products which are then marketed to the customers prospective customers under their brands. The company has developed ODM capabilities with respect to lighting products and small appliances

Objects of the Issue

  • Funding the incremental working capital requirements of our Company; and
  • General corporate purposes

Virtuoso Optoelectronics Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 12,555.51 7,989.63 5,719.08
Total income 20,028.20 11,551.30 6,839.34
Total Expenses 19,455.14 11,261.75 6,647.29
Profit After Tax 394.01 208.33 140.89

Virtuoso Optoelectronics IPO Price – Details

DescriptionVirtuoso IPO Details
Public IssueInitial Public Issue of upto 54,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 3024 lakhs)
Issue Open  Date02-Sep-22
Issue Close Date07-Sep-22
Issue TypeFixed Price
IPO Price Band₹ 56
Face Value ₹ 10
Market Lot 2000 Equity Shares and in multiples thereof
Minimum Order Quantity 2000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolVOEPL
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Virtuoso Optoelectronics IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000₹ 1,12,000
Maximum12000₹ 1,12,000

Virtuoso Optoelectronics IPO Lead Managers

  • Fedex Securities Private Limited

Virtuoso Optoelectronics IPO Registrar

  • Cameo Corporate Services Ltd

Company Promoters

  • Sukrit Bharati

Virtuoso Optoelectronics IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on02-Sep-22
Bid / Offer Closes on07-Sep-22
Finalisation of Basis of Allotment12-Sep-22
Initiation of refunds 13-Sep-22
Credit of the Equity Shares14-Sep-22
Listing Date15-Sep-22

Company Registered Office

Plot No. 7 M.I.D.C.
Satpur, Nasik -422007,
Maharashtra, India.
Website: www.voepl.com

Virtuoso Optoelectronics IPO – FAQS

What is the Virtuoso Optoelectronics IPO Price?

The Virtuoso Optoelectronics IPO price band is 56 per share

When Virtuoso Optoelectronics IPO will open?

The Virtuoso Optoelectronics IPO opens on Sep 02, 2022 and closes on Sep 07, 2022

What is the lot size of Virtuoso Optoelectronics IPO?

The Virtuoso Optoelectronics IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares

Who is the Registrar for Virtuoso Optoelectronics IPO?

The Registrar for Virtuoso Optoelectronics IPO is Cameo Corporate Services Ltd

How to apply in Virtuoso Optoelectronics IPO through UPI?

Check the step by step process here – Click here

How to apply in Virtuoso Optoelectronics IPO through Zerodha?

Check the step by step process here – Click here

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3 COMMENTS

  1. […] Virtuoso Optoelectronics IPO Allotment Status is to be finalized on Sep 12, 2022, Monday. The Virtuoso Optoelectronics IPO will be listed on Sep 15, 2022. Virtuoso Optoelectronics IPO subscription status to start from Sep 02 to Sep 07, 2022. The Virtuoso Optoelectronics IPO consists of 54,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 3024 lakhs). The price range for the offer has been fixed at ₹ 56 per share […]

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