IPO IPO-Synopsis
Virtuoso Optoelectronics Ltd

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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 Rs10 each ("Equity Shares") of Virtuoso Optoelectronics Limited ("The Company" or the "Issuer") for cash at a price of Rs56 per equity share (the "Issue Price"), (including a premuim of Rs46 per equity share), aggregating Rs30.24 crores ("The Issue"), of which 2,80,000 equity shares of face value of Rs10 for cash at a price of Rs56 each aggregating Rs1.57 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 Rs10 each for cash at a price of Rs56 per equity share, aggregating to Rs28.67 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 Rs10 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 Rs56.00-0.00 Rs0.00-0.00
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 Rs56.00  
Projects
Funding Incremental working capital requirements of the companyGeneral corporate purposes
Promoted By
Sukrit Bharati
Listing At
BSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd