Breaking News

VertexPlus Technologies brings its IPO on 2nd March 2023

Mr. Sandeep Kumar Pahariya, Chairman and Managing Director and Mrs. Niru Pahariya, Wholetime Director, VertexPlus Technologies Limited

To be listed on the NSE Emerge platform

Jaipur (Rajasthan) [India], February 28: VertexPlus Technologies Limited, a Jaipur based Information Technology company engaged in consulting, outsourcing, infrastructure and digital solutions and services, has announced its IPO for 14,79,600 shares at a price band of ₹91-96 per share, with a face value of ₹10 per share. Out of 14,79,600 shares, 7,02,000 shares are reserved for the QIB quota (including Anchor Reservation), 2,11,200 shares will be reserved for the HNI quota, and 4,92,000 shares are reserved for the retail quota, whereas 74,400 shares have been set aside under the market maker quota. The shares will be sold in lot size of 1,200 shares. The issue opens on the 1st of March 2023 for the anchors and on the 2nd of March 2023 otherwise. The closing date is 6th March 2023. It will subsequently be listed on the NSE Emerge platform. The lead manager to the issue is Beeline Capital Advisors Pvt. Ltd.

The projected utilisation of the proceeds raised from the issue is as follows:

– 70% for working capital requirements

– 20% for general corporate purposes

– 10% for the issue expense

VertexPlus Technologies Limited is an ISO 9001:2015 and ISO/IEC 27001:2013 certified Information Technology Company engaged in consulting, outsourcing, infrastructure and digital solutions and services. It collaborates with companies to fulfil their ever-evolving Information technology needs and supports their business with its enabling solutions to strengthen their current capabilities and build pathways for sustainable growth. The company has experience across various industry sectors. The company offers four broad categories of services – technology, consulting, infrastructure and outsourcing. The company offers quality and timely delivery of complex enterprise projects through 5 delivery models: off-shore, on-site, hybrid, global and strategic partnerships. VertexPlus Technologies has a global delivery network and a diversified customer base and revenue sources.

VertexPlus Technologies Limited has recorded consistent growth over the fiscal years. Its revenue from operations was ₹208.6 million in FY22 and ₹196.4 million in FY21, while it stood at ₹105.5 million for H1FY23. The company registered EBITDA in FY22 of ₹32 million, which was ₹21 million in FY21, and the same was ₹17 million for H1FY23. Its PAT for FY22 was ₹18.6 million and for FY21, it was ₹10.5 million; while it registered a PAT of ₹9.1 million for H1FY23.

Mr. Sandeep Kumar Pahariya, the Chairman and Managing Director of VertexPlus Technologies Limited, is the promoter of the company and has over 24 years of experience in the IT industry.

If you have any objection to this press release content, kindly contact pr.error.rectification[at] to notify us. We will respond and rectify the situation in the next 24 hours.

Average Rating

5 Star
4 Star
3 Star
2 Star
1 Star

43 thoughts on “VertexPlus Technologies brings its IPO on 2nd March 2023

  1. Thanks for your text. I would like to say that a health insurance specialist also works well with the benefit of the coordinators of a group insurance policy. The health insurance broker is given a summary of benefits wanted by anyone or a group coordinator. What a broker may is look for individuals or maybe coordinators which often best complement those demands. Then he presents his referrals and if each party agree, the actual broker formulates a legal contract between the two parties.

  2. hi!,I really like your writing very so much! share we keep in touch extra about your article on AOL? I need a specialist on this house to solve my problem. Maybe that’s you! Taking a look ahead to peer you.

  3. The assignment submission period was over and I was nervous, slotsite and I am very happy to see your post just in time and it was a great help. Thank you ! Leave your blog address below. Please visit me anytime.

  4. I have noticed that costs for online degree pros tend to be a fantastic value. For instance a full Bachelors Degree in Communication in the University of Phoenix Online consists of 60 credits from $515/credit or $30,900. Also American Intercontinental University Online offers a Bachelors of Business Administration with a overall program requirement of 180 units and a tariff of $30,560. Online degree learning has made taking your education much simpler because you can certainly earn the degree in the comfort of your dwelling place and when you finish working. Thanks for other tips I have really learned from your blog.

  5. Hi there, simply was alert to your weblog thru Google, and located that it’s truly informative. I am going to watch out for brussels. I?ll be grateful if you happen to proceed this in future. A lot of other folks will be benefited out of your writing. Cheers!

  6. Just wish to say your article is as surprising. The clearness in your post is simply cool and i could assume you’re an expert on this subject. Well with your permission let me to grab your RSS feed to keep up to date with forthcoming post. Thanks a million and please carry on the enjoyable work.

  7. This is the suitable blog for anyone who desires to find out about this topic. You realize a lot its virtually arduous to argue with you (not that I really would need?HaHa). You definitely put a new spin on a topic thats been written about for years. Nice stuff, simply nice!

  8. I just could not depart your web site prior to suggesting that I actually enjoyed the standard info a person provide for your visitors? Is gonna be back often in order to check up on new posts

  9. Thanks for the suggestions you have contributed here. In addition, I believe usually there are some factors which keep your car insurance policy premium lower. One is, to take into consideration buying cars and trucks that are in the good set of car insurance providers. Cars which can be expensive are usually more at risk of being robbed. Aside from that insurance policies are also in line with the value of your car or truck, so the higher in price it is, then higher this premium you spend.

  10. I am very happy to read this. This is the type of manual that needs to be given and not the random misinformation that’s at the other blogs. Appreciate your sharing this greatest doc.

  11. Pretty section of content. I just stumbled upon your blog and in accession capital to assert that I acquire actually enjoyed account your blog posts. Any way I will be subscribing to your augment and even I achievement you access consistently rapidly.

  12. Thanks for these guidelines. One thing I also believe is that credit cards providing a 0 apr often appeal to consumers with zero interest, instant approval and easy on the web balance transfers, but beware of the real factor that will void the 0 easy road annual percentage rate plus throw anybody out into the bad house in no time.

  13. Excellent beat ! I would like to apprentice while you amend your site, how can i subscribe for a blog web site? The account helped me a acceptable deal. I had been a little bit acquainted of this your broadcast offered bright clear idea

  14. Thanks for your post. Another element is that being a photographer entails not only problem in capturing award-winning photographs but additionally hardships in acquiring the best digital camera suited to your needs and most especially situations in maintaining the standard of your camera. This really is very genuine and noticeable for those professional photographers that are directly into capturing the actual nature’s eye-catching scenes : the mountains, the forests, the wild or even the seas. Going to these amazing places undoubtedly requires a photographic camera that can meet the wild’s harsh settings.

  15. Thanks a bunch for sharing this with all people you actually realize what you’re talking about! Bookmarked. Please also consult with my website =). We can have a hyperlink exchange agreement between us!

  16. Good post. I be taught something more difficult on different blogs everyday. It can always be stimulating to read content material from different writers and practice a little bit something from their store. I?d prefer to make use of some with the content material on my blog whether or not you don?t mind. Natually I?ll give you a hyperlink in your internet blog. Thanks for sharing.

  17. One thing is the fact that one of the most common incentives for applying your credit cards is a cash-back and also rebate present. Generally, you’ll get 1-5 back with various purchases. Depending on the credit card, you may get 1 back again on most purchases, and 5 back on purchases made at convenience stores, filling stations, grocery stores as well as ‘member merchants’.

  18. Useful information. Lucky me I discovered your website by chance, and I’m surprised why this accident did not happened in advance! I bookmarked it.

  19. It is the best time to make some plans for the long run and it is time to be happy. I have learn this post and if I could I want to counsel you some fascinating things or suggestions. Perhaps you could write subsequent articles referring to this article. I wish to read even more issues approximately it! Dr Vi PDO Thread Lift Melbourne 602A Bourke Street Melbourne Victoria Australia 3000

  20. F*ckin? remarkable things here. I am very glad to see your article. Thanks a lot and i’m looking forward to contact you. Will you please drop me a mail?

  21. I really appreciate this post. I?ve been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thx again

  22. Thanks for these guidelines. One thing I should also believe is that credit cards offering a 0 apr often appeal to consumers along with zero rate, instant authorization and easy on-line balance transfers, nevertheless beware of the most recognized factor that is going to void your 0 easy neighborhood annual percentage rate plus throw anybody out into the terrible house rapid.

  23. It?s really a cool and helpful piece of information. I?m glad that you shared this useful info with us. Please keep us up to date like this. Thanks for sharing.

  24. Thanks for the tips shared on your own blog. Yet another thing I would like to mention is that losing weight is not about going on a fad diet and trying to shed as much weight that you can in a couple of weeks. The most effective way to burn fat is by using it slowly but surely and using some basic recommendations which can enable you to make the most from a attempt to shed weight. You may understand and be following some tips, although reinforcing information never does any damage.

  25. Thanks for your post. One other thing is that if you are promoting your property all on your own, one of the difficulties you need to be conscious of upfront is when to deal with home inspection reviews. As a FSBO seller, the key about successfully transferring your property in addition to saving money on real estate agent revenue is know-how. The more you understand, the smoother your home sales effort will probably be. One area in which this is particularly significant is home inspections.

  26. Thanks for the useful information on credit repair on this excellent site. The things i would advice people will be to give up the particular mentality that they can buy right now and pay later. As a society most of us tend to make this happen for many issues. This includes trips, furniture, plus items we wish. However, you need to separate a person’s wants from all the needs. While you’re working to raise your credit score actually you need some sacrifices. For example you may shop online to save money or you can look at second hand suppliers instead of high-priced department stores pertaining to clothing.

  27. I have realized that online diploma is getting well-known because getting your college degree online has developed into popular option for many people. Numerous people have certainly not had a possibility to attend a regular college or university but seek the raised earning potential and a better job that a Bachelors Degree grants. Still other people might have a college degree in one course but would want to pursue a thing they now develop an interest in.

  28. hello!,I like your writing so much! share we communicate more about your post on AOL? I require an expert on this area to solve my problem. Maybe that’s you! Looking forward to see you.

  29. hey there and thank you in your info ? I have definitely picked up something new from proper here. I did then again experience several technical points using this website, since I experienced to reload the site many occasions previous to I may just get it to load correctly. I had been wondering in case your web hosting is OK? Not that I’m complaining, however sluggish loading cases instances will very frequently impact your placement in google and can damage your quality score if ads and ***********|advertising|advertising|advertising and *********** with Adwords. Well I?m adding this RSS to my e-mail and can look out for a lot extra of your respective interesting content. Make sure you update this again soon..

  30. Thanks for your write-up. What I want to say is that when you are evaluating a good on-line electronics shop, look for a internet site with total information on critical indicators such as the level of privacy statement, protection details, any payment options, and other terms and policies. Continually take time to read the help along with FAQ sections to get a greater idea of what sort of shop operates, what they can perform for you, and how you can make best use of the features.

  31. As I site possessor I believe the content matter here is rattling magnificent , appreciate it for your hard work. You should keep it up forever! Good Luck.

  32. Great goods from you, man. I have understand your stuff previous to and you are just extremely wonderful. I really like what you’ve acquired here, certainly like what you are saying and the way in which you say it. You make it enjoyable and you still care for to keep it sensible. I can not wait to read much more from you. This is really a terrific site.

  33. Great ? I should definitely pronounce, impressed with your site. I had no trouble navigating through all tabs and related information ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or anything, website theme . a tones way for your customer to communicate. Nice task..

  34. I have mastered some essential things through your blog post post. One other stuff I would like to talk about is that there are many games in the marketplace designed specifically for preschool age young children. They involve pattern acknowledgement, colors, creatures, and styles. These usually focus on familiarization as an alternative to memorization. This makes a child engaged without having the experience like they are learning. Thanks

Leave a Reply

Your email address will not be published.