Incorporated in 2008, Vinsys IT Services India Limited is engaged in offering services in IT skill development, tranings, and certification domain. The company is a part of Vinsys Group.
As of now, the group comprises 8 entities operating in India, as well as having a marked global footprint in the USA and Middle Eastern Countries.
Vinsys IT Services India Limited offers:
- Training and Certification
- IT Development Services
- Digital Learning
- Project Management
- Technology training
Vinsys IT is an ISO 9001:2015 certified organization and is dedicated as an accredited training service provider to meet the growing demand for training and workforce development.
The company specializes in corporate training and consulting across a broad range of domains. They are a trusted partner for entities like 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 IPO Details
| IPO Date | Aug 1, 2023 to Aug 4, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹121 to ₹128 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 3,894,000 shares (aggregating up to ₹49.84 Cr) |
| Fresh Issue | 3,894,000 shares (aggregating up to ₹[.] 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 |
| Market Maker portion | 195,000 shares Sunflower Broking |
Vinsys IT Services IPO Reservation
| QIB Shares Offered | Not more than 50% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
Vinsys IT Services IPO Timetable (Tentative)
Vinsys IT Services IPO opens on Aug 1, 2023, and closes on Aug 4, 2023.
| IPO Open Date | Tuesday, 1 August 2023 |
| IPO Close Date | Friday, 4 August 2023 |
| Basis of Allotment | Wednesday, 9 August 2023 |
| Initiation of Refunds | Thursday, 10 August 2023 |
| Credit of Shares to Demat | Friday, 11 August 2023 |
| Listing Date | Monday, 14 August 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 4, 2023 |
Vinsys IT Services IPO Lot Size
The Vinsys IT Services IPO lot size is 1000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹128,000 |
| Retail (Max) | 1 | 1000 | ₹128,000 |
| HNI (Min) | 2 | 2,000 | ₹256,000 |
| Lot Size Calculator |
Vinsys IT Services IPO Promoter Holding
Mr. Vikrant Shivajirao Patil and Mrs. Vinaya Vikrant Patil are the Promoters of the Company.
| Pre Issue Share Holding | 92.74% |
| Post Issue Share Holding | 68.13% |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-21 | 2,739.97 | 2,041.04 | 34.78 | 773.51 | 673.51 | 1,427.08 |
| 31-Mar-22 | 3,493.16 | 3,202.69 | -51.61 | 716.07 | 616.07 | 2,050.32 |
| 31-Mar-23 | 7,293.60 | 9,632.25 | 1,501.38 | 2,472.51 | 1,472.51 | 2,310.80 |
| Amount in ₹ Lakhs |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 94.17% |
| ROCE | 51.46% |
| Debt/Equity | 0.93 |
| EPS (Rs) | 15.01 |
| RoNW | 60.72% |
Check Vinsys IT Services IPO Peer Comparison here.
Objects of the Issue
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Working Capital Requirements
- Loan to Subsidiary /Repayment of loan to Subsidiary
- General Corporate Purposes
- To meet Public Issue Expenses
Vinsys IT Services IPO Prospectus
Company Contact Information
Vinsys IT Services Limited
S. No. 28/11- 12, Shivaji Niketan, C.T.S. No. 458A
Tejas Housing Society,
Kothrud, Pune – 411038
Phone: +91 2025382807/43
Email: compliance@vinsys.com
Website: https://www.vinsys.com/
Vinsys IT Services IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: vinsys.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html