| Initial public offer of upto 16,14,000 equity shares of face value of
Rs. 10/- each ("Equity Shares") of Vdeal System Limited ("The Company") for cash at a price of Rs. 112/- per equity share (including share premium of
Rs. 102/- per equity share) ("Offer Price"), aggregating up to Rs. 18.08 crores ("The Offer"), out of which upto 81,600 equity shares aggregating to Rs. 0.91 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., offer of upto 15,32,400 equity shares at an offer price of Rs. 112 /- per equity share aggregating to Rs. 17.16 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 33.00 % and 31.33 %, respectively of the post issue paid up equity share capital of the company.
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