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
Vinsys IT Services IPO is a Book Built Issue. The IPO total issue size is Rs 49.84 Cr. The Vinsys IT Services IPO price is ₹121 to ₹128 per share. The IPO will list on NSE SME.
| 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 ₹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 |
| Market Maker portion | 195,000 shares Sunflower Broking |
Vinsys IT Services IPO Reservation
Vinsys IT Services IPO a total of 3,894,000 shares are offered. QIB: 740,000 (19.00%), RII: 1,295,000 (33.26%), NII: 556,000 (14.28%).
| Anchor Investor Shares Offered | 1,108,000 (28.45%) |
| Market Maker Shares Offered | 195,000 (5.01%) |
| QIB Shares Offered | 740,000 (19.00%) |
| NII (HNI) Shares Offered | 556,000 (14.28%) |
| Retail Shares Offered | 1,295,000 (33.26%) |
| Total Shares Offered | 3,894,000 (100%) |
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 minimum lot size of this Vinsys IT Services IPO is 1000 shares required is ₹128,000.
| 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
Vinsys IT Services IPO Market Cap is Rs 187.88 Cr and P/E (x) is 12.51.
| KPI | Values |
|---|---|
| P/E (x) | 12.51 |
| Market Cap (₹ Cr.) | 187.88 |
| 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 Review (May apply)
[Dilip Davda] The company operates in a highly competitive and fragmented segment with many players around. The sudden boost in its top and bottom line for FY23 raise eyebrows and concern over the sustainability going forward. It posted a loss for FY22 and then the sudden jump in top and bottom lines in pre-IPO year appears to be window dressing. Due to such super earnings, the issue appears reasonably priced. Well-informed investors may consider parking funds for the medium term. Read detail review…
Vinsys IT Services IPO Subscription Status (Bidding Detail)
The Vinsys IT Services IPO is subscribed 1.81 times on Aug 1, 2023 3:14:00 PM. The public issue subscribed 3.45 times in the retail category, 0.00 times in the QIB category, and 0.40 times in the NII category. Check Day by Day Subscription Details (Live Status) Reload Subscription
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 0.00 | 7,40,000 | 0 |
| NII* | 0.40 | 5,56,000 | 2,22,000 |
| Retail | 3.45 | 12,95,000 | 44,62,000 |
| Total | 1.81 | 25,91,000 | 46,84,000 |
Total Application : 4,462 (3.45 times)
*Market Maker portion is not included to NII/HNI.
Vinsys IT Services IPO Prospectus
- › Vinsys IT Services IPO DRHP
- › Vinsys IT Services IPO RHP
- › Anchor Investors in Vinsys IT Services IPO
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