Vinsys IT Services Limited is gearing up for its much-anticipated Initial Public Offering (IPO) through a book-built issue. The IPO is scheduled to run from August 01 to August 04, 2023, with a share price range of ₹121 to ₹128. Investors can participate with a minimum order of 1000 shares.
The IPO will comprise 3,894,000 shares with a face value of Rs. 10 each, potentially raising funds of up to ₹49.84 crore for Vinsys IT Services Limited. Let’s delve into the details of their IPO set to hit the market in August 2023.
About Vinsys IT Services Limited
Incorporated in 2008, Vinsys IT Services India Limited is a prominent player in the IT skill development, training, and certification domain. As a part of the Vinsys Group, it operates not only in India but also has a significant global presence, with operations in the USA and Middle Eastern countries.
Vinsys IT Services India Limited offers a comprehensive range of services, including training and certification, IT development services, digital learning, project management, and technology training. It is an ISO 9001:2015 certified organization, dedicated to meeting the growing demand for training and workforce development.
The company specializes in corporate training and consulting, catering to various domains. It is a trusted partner for prestigious entities like Skillsoft, CompTIA, Oracle, PECB, EC-Council, AWS, Microsoft, Hybris Software, Red Hat, CISCO, IBM, Autodesk, PMI, PRINCE2, ISACA, ITIL, PeopleCert, and Citrix. With its extensive expertise and global reach, Vinsys IT continues to be at the forefront of the IT services industry.
Vinsys IT Services IPO Issue Details
| Issue Type | Book Built IPO Issue |
| Issue Opens | 1st August 2023 |
| Issue Closes | 4th August 2023 |
| Face Value | Rs 10 Per Share |
| Issue Price | Rs 121 to Rs 128 Per Share |
| Issue Size | 3,894,000 Shares (Rs 49.84 crores) |
| Minimum Order Quantity | 1000 Shares |
| Listing | NSE, SME |
Purpose of the Issue
The funds raised from the Fresh Issue will be allocated for the following purposes:
- Meeting Working Capital Requirements.
- Providing a loan to a Subsidiary or Repayment of loan to a Subsidiary.
- General Corporate Purposes.
- Covering Public Issue Expenses.
Vinsys IT Services Limited — Company Contact Details
- Registered & Corporate Office: S. No. 28/11- 12, Shivaji Niketan, C.T.S. No. 458A Tejas Housing Society, Kothrud, Pune – 411038
- Telephone: +91 2025382807/43
- Website: https://www.vinsys.com/
Vinsys IT Services IPO – Lead Managers of the Issue
Beeline Capital Advisors Pvt Ltd
- Office Address: 807, Phoenix Tower, Opp. Girish Cold Drinks, Near Vijay Cross Road, Ahmedabad – 380009
- Telephone: 079 4840 7357
- Email: mb@beelinemb.com
Vinsys IT Services IPO – Registrar of the Issue
Link Intime India Private Ltd
- Telephone: +91-22-4918 6270
- Email: vinsys.ipo@linkintime.co.in
- Website: https://linkintime.co.in/mipo/ipoallotment.html
Vinsys IT Services Limited IPO Issue Prospectus
Click here to read the Final Prospectus of this IPO Issue.
Disclaimer: Investingly just provides basic information as update about the issues. Investingly never gives advices or recommendations to anyone. Investments into securities are subject to market risk. Please read the offer and issue documents carefully before investing. It is also advised to consult your financial advisor for necessary suggestions.
