Virtuoso Optoelectronics IPO Review
Virtuoso Optoelectronics IPO Overview
Virtuoso Optoelectronics Limited, founded in 2015, manufactures consumer durable goods, assembles a diverse range of products, and provides end-to-end product solutions. The company’s current consumer goods product portfolio consists of (I) split air conditioners, (II) water heaters, (III) LED lighting products, and (IV) various miscellaneous items such as injection moulding components for air conditioners.
Virtuoso Optoelectronics Limited works with both OEM and ODM business models. Under the OEM model, the company manufactures and delivers items based on designs created by clients, who subsequently resell these products under their own names.
Under the ODM model, the company conceptualises and designs the products, which are later marketed to the clients’ prospective customers under their own brands, in addition to manufacturing.
The company has two manufacturing facilities in and around Nashik that are strategically located (Maharashtra).
Virtuoso Optoelectronics Ltd. also has a centralised R&D centre in Nashik (Maharashtra) that focuses on all aspects of OEM and ODM models, including concept sketching, design refinement, generating optional features, and testing.
Virtuoso Optoelectronics IPO Details
Virtuoso Optoelectronics IPO Date | Sep 2, 2022 to Sep 7, 2022 |
Virtuoso Optoelectronics IPO Face Value | ₹10 per share |
Virtuoso Optoelectronics IPO Price | ₹56 per share |
Virtuoso Optoelectronics IPO Lot Size | 2000 Shares |
Issue Size | 5,400,000 shares of ₹10 (aggregating up to ₹30.24 Cr) |
Fresh Issue | 5,400,000 shares of ₹10 (aggregating up to ₹30.24 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
NII (HNI) Shares Offered | 50% of the net offer |
Retail Shares Offered | 50% of the net offer |
Company Promoters | Sukrit Bharati is the company promote |
Virtuoso Optoelectronics IPO Financial Performance
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
31-Mar-20 | 5719.08 | 6839.34 | 140.89 | 1123.99 | 957.57 |
31-Mar-21 | 7989.63 | 11551.3 | 208.33 | 1332.32 | 1165.9 |
31-Mar-22 | 12555.51 | 20028.2 | 394.01 | 2126.34 | 628.08 |
30-Jun-22 | 13350.85 | 7399.61 | 412.34 | 2538.68 | 1040.43 |
Virtuoso Optoelectronics IPO Key Ratios
FY 2019 | FY 2020 | FY 2021 | |
EPS | 3.59 | 9.31 | 11.80 |
PE ratio | – | – | 4.75 |
RONW (%) | 11.98 | 12.53 | 14.87 |
NAV | – | – | 11.34 |
Listing Performance of Virtuoso Optoelectronics IPO
Listed On : BSE SME
Issue Price : ₹56 per share
Listing Day Close :
Listing Day Gain :
Virtuoso Optoelectronics IPO ISIN Code / Number
NSE : NA
ISIN CODE : NA
BSE : NA
Virtuoso Optoelectronics IPO Allotment Status
Virtuoso Optoelectronics IPO Important Dates
| IPO Opening Date | 2 September 2022 |
| IPO Closing Date | 7 September 2022 |
| Finalisation of Basis of Allotment | 12 September 2022 |
| Initiation of refunds | 13 September 2022 |
| Transfer of shares to demat accounts | 14 September 2022 |
| Listing Date | 15 September 2022 |
Virtuoso Optoelectronics IPO Contact Details
Plot No. 7 M.I.D.C., Satpur,
Nasik -422007, Maharashtra
Phone: 025 3235 0461
Email: info@voepl.com
Website: www.voepl.com
Virtuoso Optoelectronics IPO Registrar Contact Details
No.01, Club House Road,
Mount Road, Chennai – 600002
Phone: 044 4002 0700
E-mail: priya@cameoindia.com
Website: www.cameoindia.com
Virtuoso Optoelectronics IPO FAQ's
The Virtuoso Optoelectronics IPO is a BSE SME IPO of ₹56 per equity share with a face value of 10 per equity share.
The issue size is priced at 5,400,000 shares of ₹10 (aggregating up to ₹30.24 Cr).
The fresh issue size priced at 5,400,000 shares of ₹10 (aggregating up to ₹30.24 Cr).
The initial public offering (IPO) begins on Sep 2, 2022 and ends on Sep 7, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.
The Virtuoso Optoelectronics IPO opens on Sep 2, 2022 and closes on Sep 7, 2022.
Virtuoso Optoelectronics IPO Market lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
The finalisation of Basis of Allotment for Virtuoso Optoelectronics IPO will be done on Sep 12, 2022. and the allotted shares will be credited to your demat account by Sep 14, 2022. Check the Virtuoso Optoelectronics IPO status.
The Virtuoso Optoelectronics IPO listing date is on Sep15, 2022.
Virtuoso Optoelectronics IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Virtuoso Optoelectronics IPO Comments
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