Vinsys IT Services Limited

LISTED

SME IPO · IPO Guide

Issue Price
₹121 – ₹128
Listed On
11 Aug 2023
Listing Price
₹207.25 (+61.91%)
Current Price LIVE
₹207.25 (+61.91%)
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Lot Size Calculator

Application Lots Shares Amount
Retail (Min) 1 1,000 ₹1,28,000
Retail (Max) 2 2,000 ₹2,56,000
S-HNI (Min) 3 3,000 ₹3,84,000
S-HNI (Max) 7 7,000 ₹8,96,000
B-HNI (Min) 8 8,000 ₹10,24,000

As per financials, Vinsys IT Services Limited has shown good sales growth, RoNW is 60.72% and P/E is respectively (36.40) and 12.51 as per FY22 and FY23 earnings, which looks reasonably priced as per FY23 earnings, but if company can maintain same results in future, is very doubtful. Company is in business of IT like Training & Certification, Digital Learning, Project Management & Technology training, which is a highly fragmented and competitive. Also there is good growth opportunity. Performance of BRLM is good. So we are giving NEUTRAL rating to this SME IPO. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

💬 Community Discussion

6 Comments
  • J
    JATIN NAVNIT BHAI MONANI 13 Aug 2023, 23:44
    UNACCEPTABLE LISTING !
  • F
    fnp 02 Aug 2023, 11:48
    apply or not??
  • R
    Rajveersinh Chauhan 02 Aug 2023, 11:43
    Live Subscription QIBs 0.04, NIIs 2.86, RIIs 10.64
  • R
    Rajveersinh Chauhan 02 Aug 2023, 11:41
    Any suggestion..?? ipo guru
  • R
    Rajveersinh Chauhan 02 Aug 2023, 11:40
    vinsys IT Services subscribe around 5.94 times today and Expected GMP is 50-60/Share
  • R
    Rajveersinh Chauhan 02 Aug 2023, 11:38
    hello!!

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