Vertexplus Technologies Limited
Vertexplus Technologies Limited
Vertexplus Technologies, incorporated in 2010, is providing its services, consulting, outsourcing, and digital solutions. The company has been providing its services for the last 17 years.
Over the years, the organization has gained experience in a variety of sectors and industries. They are currently working on over 1000 projects and providing services to over 700 clients. They have over 350 skilled employees who meet the needs of clients all over the world, including Fortune 500 companies.
They have trusted clients including Hindustan Power, Nokia, Airtel, Resonance Digital Labs, Paytm, Ananta, Tistabene, Aircel, MTS, FabIndia, and many others.
Vertexplus guarantees quality and on-time delivery in the most cost-efficient way possible through its 5 delivery models:
- On-site model
- Off-shore model
- Hybrid model
- Global model
- Strategic Partnerships
Purpose of issuing an IPO
- To fulfill working capital requirements
- To cover the issue costs
- To meet common corporate expenses
Company Consolidated Financials (Amount in lakhs)
| Period Ended | Total Assets | Total Borrowing | Total Revenue | Net worth |
| 31-Mar-21 | 1103.71 | 227.40 | 2025.61 | 487.15 |
| 31-Mar-22 | 1308.76 | 279.15 | 2132.04 | 673.11 |
| 30-Sep-22 | 1599.17 | 360.61 | 1091.71 | 807.62 |
IPO Details
| Opening Date | Mar 2, 2023 |
| Closing Date | Mar 6, 2023 |
| Listing Dat00e | Mar 15, 2023 |
| Face Value | Rs.10 each share |
| Price | Rs.92 to Rs.96 each share |
| Lot Size | 1200 shares |
| Issue Size | 1,479,600 shares |
| Fresh Issue | 1,479,600 shares |
| Listing At | NSE SME |
