What is the issue size of Vinsys IT Services IPO?

The issue size of the Vinsys IT Services IPO is Rs. 49.84 crores.

What is 'pre-apply' for Vinsys IT Services IPO?

Pre-apply will alow you to apply for the Vinsys IT Services IPO 2 days before the subscription period starts.

If I pre-apply for Vinsys IT Services IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Vinsys IT Services IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Vinsys IT Services IPO order is placed?

We will notify you when your Vinsys IT Services IPO order is placed with the exchange.

What are the open and close dates of the for Vinsys IT Services IPO?

Vinsys IT Services IPO will be open between 1 August - 4 August, 2023.

What is the lot size and minimum order quantity of the Vinsys IT Services IPO?

Vinsys IT Services Limited IPO lot size is 1000 shares,

What are the allotment dates for the Vinsys IT Services IPO?

Vinsys IT Services IPO allotment date is 9 August, 2023. For Vinsys IT Services IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Vinsys IT Services IPO?

Vinsys IT Services IPO registrar is Link Intime India Private Ltd. You can check Vinsys IT Services IPO allotment status on the website of the registrar.

Where is the Vinsys IT Services IPO getting listed?

The shares are proposed to be listed on NSE SME.

Vinsys IT Services SME IPO

Vinsys IT Services Limited

₹1,21,000 /1000 sharesMinimum Investment

Vinsys IT Services SME IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹128.00₹207.00₹79.00 (61.72%)
Vinsys IT Services SME IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
1 Aug ‘23 - 4 Aug ‘23₹1,21,0001,000₹121 - ₹128
Issue SizeIPO Doc
49.84CrRHP PDF
About Vinsys IT Services SMEVinsys IT Services India Limited, established in 2008 as part of the Vinsys Group, specialises in IT skill development, training, and certifications. The group comprises 8 entities operating across India. It also has a global presence encompassing the USA and Middle Eastern Countries.
The comprehensive range of offerings by the company includes IT development services, digital learning solutions, project management services, and technology training. An ISO 9001:2015 certified organisation, Vinsys IT has partnered with leading entities such as Skillsoft, Oracle, AWS, Microsoft, Red Hat, CISCO, IBM, PeopleCert, and Citrix, to name a few. ;
Parent Organisation
Vinsys IT Services Limited
Founded
2008
Managing Director
Mr Vikrant Shivajirao Pat
Strengths & Risks
Vinsys IT Services offers a range of training and certification courses covering 17 different domains, totalling 326 courses. 
The company’s library comprises over 100,000 titles compatible with any LMS and LXP platforms.
The company offers a full suite of software services, including ERP solutions, DevOps practices, architectural consulting, integration, and middleware services. 
The company has partnered with renowned organisations such as Red Hat, Oracle, CISCO, IBM, Microsoft and other IT giants in the tech domain. 
With a global presence in over 30 countries, it has established footholds in India, USA, UAE, Australia, Kenya, Tanzania, Singapore, and Malaysia.
Vinsys IT Services faces risks from its dependency on a limited number of customers for sales.
Vinsys IT Services conducts business with customers on a work-order basis, with limited long-term contracts.
Foreign currency exchange rate fluctuations may significantly and adversely affect the company's operations and financial condition.
The company experienced negative cash flow from operating activities in both 2021 and 2022.
In the past, Vinsys IT Services has incurred net losses, and there is uncertainty about the company's ability to achieve or maintain profitability in the future. The company recorded a net loss of Rs. 51.61 lakhs in 2022.
The company’s insurance coverage might not be sufficient to protect the company against certain operating hazards. 
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹121 - 128₹2 Lakh
High Networth Individual₹121 - 128₹2 - 5 Lakh
For Vinsys IT Services SME IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹128.00	₹207.00	₹79.00 (61.72%)

Bidding Dates	Min. Investment	Lot Size	Price Range
1 Aug ‘23 - 4 Aug ‘23	₹1,21,000	1,000	₹121 - ₹128

Issue Size	IPO Doc
49.84Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹121 - 128	₹2 Lakh
High Networth Individual	₹121 - 128	₹2 - 5 Lakh

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