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graph-market IPO

Virtuoso Optoelectronics Ltd

Registered Office: Plot No 7,MIDC Satpur, Nasik - 422007, Maharashtra, India.
Phone : 91-025-3235 0461   Fax:
Email :  info@voepl.com  
Website :  www.voepl.com

Initial public issue of up to 54,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Virtuoso Optoelectronics Limited ("The Company" or the "Issuer") for cash at a price of Rs. 56 per equity share (the "Issue Price"), (including a premuim of Rs. 46 per equity share), aggregating Rs. 30.24 crores ("The Issue"), of which 2,80,000 equity shares of face value of Rs. 10 for cash at a price of Rs. 56 each aggregating Rs. 1.57 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 51,20,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 56 per equity share, aggregating to Rs. 28.67 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.49 % and 25.12 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 5.6 times of the face value. Minimum application of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
02-Sep-22 07-Sep-22 56.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 27.19 Fedex Securities Pvt Ltd
Project Financed through Current Offer 30.24  
Post Issue Equity Share Capital 20.38  
Issue Price 56.00  

Projects

  • Funding Incremental working capital requirements of the company
  • General corporate purposes

Promoted By

Sukrit Bharati

Listing At

BSE - SME

Registrar to the Issue

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