Vinsys IT Services IPO Details ( Vinsys IT Services Limited IPO Review )
(01 Aug 2023 – 04 Aug 2023)
Established in 2008, Vinsys IT Services India Limited is a leading provider of IT skill development, training, and certification services. It operates as part of the Vinsys Group, which consists of 8 entities operating in India and holds a significant global presence in the USA and Middle Eastern Countries.
Vinsys IT Services India Limited offers a diverse range of services, including:
- Training and Certification
- IT Development Services
- Digital Learning
- Project Management
- Technology Training
As an ISO 9001:2015 certified organization, Vinsys IT is committed to delivering accredited training services to meet the growing demand for workforce development and training.
The company specializes in corporate training and consulting across various domains and is recognized as a trusted partner by esteemed entities such as Skillsoft, CompTIA, Oracle, PECB, EC-Council, AWS, Microsoft, Hybris Software, Red Hat, CISCO, IBM, Autodesk, PMI, PRINCE2, ISACA, ITIL, PeopleCert, and Citrix.
Vinsys IT Services Limited IPO Competitive Strength
- Experienced Promoters and Management Team
- Wide range of Service Portfolio
- Global Presence
- Quality assurance
- Improve global presence
- Leveraging our market skills and relationship
- Reduction of operational costs and achieving efficiency
- To increase brand visibility
- Maintaining edge over competitors
- Customer Satisfaction
Vinsys IT Services IPO Financials Performance ( Results )
Vinsys IT Services Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 2,739.97 | 2,041.04 | 34.78 | 0.35 | 773.51 | 7.74 | 673.51 | 1,427.08 |
| 31-Mar-22 | 3,493.16 | 3,202.69 | -51.61 | -0.52 | 716.07 | 7.16 | 616.07 | 2,050.32 |
| 31-Mar-23 | 7,293.60 | 9,632.25 | 1,501.38 | 15.01 | 2,472.51 | 24.73 | 1,472.51 | 2,310.80 |
Objective of IPO Issue
- To Meet Working Capital Requirements
- Loan to Subsidiary /Repayment of loan to Subsidiary
- General Corporate Purposes
- To meet Public Issue Expenses
Vinsys IT IPO Basic Details
| IPO Date | Aug 01, 2023 to Aug 04, 2023 |
| Listing Date | Monday, August 14, 2023 |
| Face Value | ₹10 per share |
| Price | ₹121 to ₹128 per share |
| Lot Size | 1000 Shares |
| Issue Size | 3,894,000 shares (aggregating up to ₹49.84 Cr) |
| Fresh Issue | 3,894,000 shares (aggregating up to ₹49.84 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 10,783,927 |
| Share holding post issue | 14,677,927 |
| Company Promoters | Mr. Vikrant Shivajirao Patil And Mrs. Vinaya Vikrant Patil |
Vinsys IT IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Vinsys IT IPO Timetable
Vinsys IT IPO will open on August 1, 2023 and close on August 4, 2023. You can join Vinsys IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 1 August 2023 (Tuesday) |
| Closing Date | 4 August 2023 (Friday) |
| Basis of Allotment | 9 August 2023 (Wednesday) |
| Initiation of Refunds | 10 August 2023 (Thursday) |
| Credit of Shares to Demat | 11 August 2023 (Friday) |
| Listing Date | 14 August 2023 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 4 August 2023 |
Vinsys IPO Lot Size
For retail investors in Vinsys IPO, 1000 shares will come in 1 lot or the minimum investment will be ₹128,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹128,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1,000 | ₹128,000 |
| Retail (Max) | 1 | 1,000 | ₹128,000 |
| S-HNI (Min) | 2 | 2,000 | ₹256,000 |
Vinsys IPO Promoter Holding
The company’s promoters include Mr. Vikrant Shivajirao Patil And Mrs. Vinaya Vikrant Patil.
| Pre Issue Share Holding | 92.74% |
| Post Issue Share Holding | 68.13% |
Vinsys IT Services Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | Coming Soon |
| Earning Per Share (EPS) | ₹15.01 per Equity Share |
| Net Asset Value (NAV) | ₹24.73 per Equity Share |
| P/E Ratio (P/E) (x) | 12.51 |
| Return on Net Worth (RoNW) (%) | 60.72 |
| Return on equity (ROE) (%) | 94.17 |
| Return on Capital Employed (ROCE) (%) | 51.46 |
| Debt/Equity Ratio | 0.93 |
Vinsys IT Services Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Vinsys IT Services India Limited | Consolidated | 128 | 10 | 15.01 | 12.51 | 60.72 | 24.73 |
| Peer Group | |||||||
| NIIT Limited | Consolidated | 326.35 | 2 | 0.23 | 1418.91 | 0.84 | 24.23 |
| Aptech Limited | Consolidated | 341.15 | 10 | 16.32 | 20.90 | 26.40 | 61.90 |
Vinsys IT Services IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 4 August 2023 | ₹60 | – | – |
| 3 August 2023 | ₹70 | – | – |
| 2 August 2023 | ₹70 | – | – |
| 1 August 2023 | ₹55 | – | – |
| 31 July 2023 | ₹60 | – | – |
| 30 July 2023 | ₹70 | – | – |
| 29 July 2023 | ₹65 | – | – |
Vinsys IPO Detail Video:
Vinsys IPO Subscription Status (Bidding Detail)
The Vinsys IPO on August 4, 2023 at 7:30:00 PM was subscribed 89.00 times, with the retail category being subscribed 111.56 times, the NII (Non-Institutional Investor) category being subscribed 105.75 times and the QIB (Qualified-Institutional Buyers) category being subscribed 36.95 times.
| Category | Subscription |
| QIB | 36.95x |
| NII | 105.75x |
| Retail | 111.56x |
| Total | 89.00x |
Vinsys IPO Prospectus
Vinsys IPO Rating
| Our Rating | 3.0/5.0 |
Vinsys Company Contact Information
Vinsys IT Services Limited
Registered Office: S. No. 28/11- 12, Shivaji Niketan, C.T.S. No. 458A,
Tejas Housing Society, Near Mantri Park Behind Kothrud Bus Stand,
Kothrud, Pune City, Maharashtra- 411038, India
Website: www.vinsys.com
E-Mail: compliance@vinsys.com
Telephone No: +91 2025382807/43
Company Secretary and Compliance Officer: Ms. Gayatree Neeraj Karandikar
Promoters Of Our Company: Mr. Vikrant Shivajirao Patil And Mrs. Vinaya Vikrant Patil
Vinsys IPO Registrar
Link Intime India Private Limited
SEBI Registration Number: INR000004058
Address: C-101, 247 Park, LBS Marg, Vikhroli (West),
Mumbai – 400083, Maharashtra, India
Tel. Number: +91 810 811 4949 Fax- + 91 22 4918 6195
Email Id: vinsys.ipo@linkintime.co.in
Investors Grievance Id: vinsys.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Goapalkrishnan
CIN: U67190MH1999PTC118368
Vinsys IPO Lead Manager
Beeline Capital Advisors Private Limited
SEBI Registration Number: INM000012917
Address: B 1311-1314, Thirteenth Floor, Shilp Corporate Park,
Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054, Gujarat, India.
Telephone Number: 079 – 4918 5784
Email Id: mb@beelinemb.com
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322
Vinsys IPO FAQs
What is the lot size of Vinsys IPO?
The total size of Vinsys IPO is ₹49.84 crores and this is a complete fresh Issue.
When will Vinsys IPO start?
Vinsys IPO will open from 1 August 2023 and IPO will close on 4 August 2023.
What is the open date of Vinsys IPO?
Vinsys IPO will open date from 1 August 2023.
What is the last date ( close date ) of Vinsys IPO?
Vinsys IPO will close from 4 August 2023.
What is the price band of Vinsys IPO?
Vinsys IPO price band is ₹121 to ₹128. ( Upper Price Band: ₹128, Lower Price Band: ₹121 )
What is the minimum amount required to apply for Vinsys IPO?
The minimum investment for retailers to apply for Vinsys IPO is ₹128,000 and the maximum investment is ₹128,000.
What is going on gray market premium of Vinsys IPO?
View gray market premium of Vinsys IPO by Clicking Here
How much is the GMP of Vinsys IPO?
Watch Vinsys IPO GMP Today: Click Here
What is the allotment date of Vinsys IPO?
The allotment date of Vinsys IPO is 9 Aug 2023.
How to check allotment status in Vinsys IPO?
To check the allotment status of Vinsys IPO, first of all go to the registrar website by clicking here, select your bad Vinsys IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Vinsys IPO?
The listing date of Vinsys IPO is 14 Aug 2023.
How much will be the listing gain in Vinsys IPO?
View listing gain of Vinsys IPO by Clicking Here
How much time Vinsys IPO is subscribed?
Total 89.00 times subscribed in Vinsys IPO out of which 111.56 times subscription was done in retail quota, 105.75 times subscription in NII quota and 36.95 times subscription in QIB quota.
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