Vertexplus Technologies Limited

Company Name	Vertexplus Technologies Limited
Open Date	02-03-2023
Close Date	06-03-2023
Exchange	NSE SME
Lot Size	1200 Shares
Issue Price	₹ 91 to 96 per share
Issue Size	14,79,600 Equity Shares
Application Amount	₹ 1,15,200
Recommendation	Apply

Company was formed in Jaipur, Rajasthan in the year 2010. Company is engaged in consulting, outsourcing, infrastructure and digital solutions and services. They collaborate with companies to fulfil their ever-evolving Information Technology needs and support their business. Company operates from its Registered Office situated at B-19, Ground Floor, 10-B Scheme, Gopalpura Road Jaipur -302018, India and development facilities at Jaipur and Noida. Company provides various types of services to the clients such as Consulting Services, Technology Services, Infrastructure Services and Outsourcing Services.

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Summary of Financials (All financials in lakhs)

For the Period Ended	Mar-21	Mar-22	Sep-22
Total Assets	1,103.71	1,308.76	1,599.17
Net Assets	487.15	673.11	807.62
Total Borrowings	227.40	279.15	360.61
Total Revenue	2,025.60	2,132.04	1,091.71
Profit After Tax	104.98	186.05	91.26

Tentative Timeline

Opening Date	02-03-2023
Closing Date	06-03-2023
Basis of Allotment	10-03-2023
Initiation of Refunds	13-03-2023
Credit of Shares to Demat	14-03-2023
Listing Date	15-03-2023

Objects of the Issue

To Meet Working Capital Requirement;

General Corporate Purpose;

To Meet the Issue Expenses.

Contact Information

Registered Office	Vertexplus Technologies Limited B-19, 10-B Scheme, Gopalpura Road Jaipur - 302018.
Phone	91 141 6622200 / 02
Email	support@vertexplus.com
Website	https://www.vertexplus.com/global/en/

Offer Documents

Vertexplus Technologies IPO DRHP

Vertexplus Technologies IPO RHP

Registrar Details

Name	Skyline Financial Services Private Ltd
Phone	02228511022
Email	grievances@skylinerta.com
Website	https://www.skylinerta.com/ipo.php

IPO Reservation

Anchor Investor Shares Offered	4,15,200 (21.91%)
Market Maker Shares Offered	74,400 (3.93%)
QIB Shares Offered	2,86,800 (15.14%)
NII (HNI) Shares Offered	2,11,200 (11.15%)
Retail Shares Offered	4,92,000 (25.97%)
Total Shares Offered	18,94,800 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters)	100.00%
Share Holding Post Issue (Promoters)	72.99%