Bhubaneswar: Odisha’s first Small and Medium Enterprise (SME) company, ‘Vdeal Systems Limited,’ has been listed on the NSE (National Stock Exchange) Emerge platform. A listing ceremony was held on Tuesday at a five-star hotel in Bhubaneswar. The company’s listing bell was rung at exactly 10 AM. While the issue price of the shares was ₹112, the listing price was ₹174. NSE spokesperson Abhik Gupta was present at the event. Sanjay Bhalotia, the founder of the company’s merchant banker ‘Affinity Global Capital Market,’ along with Director Shruti Bhalotia and MLA Manoranjan Dyan Samantary, attended as guests. Vdeal’s other directors, Tapaswini Panda and Brahmananda Patra, along with promoter Mandakini Panda, company secretary Priyabrata Nayak, and others, were also present.
On this occasion, Vdeal’s MD and CEO, Dheeraj Kochar, stated, “Vdeal is the first SME company from Odisha to be listed on NSE. Not only that, our company is also the first in the Eastern region in the smart electrical panel and automation sector. This is a matter of pride for us. Over the past 15 years, our company’s products have been used in every industrial region of the East. We are emphasizing the use of Artificial Intelligence (AI). We offer a wide range of electrical equipment from 3 volts to 33 volts. While there are hundreds of SMEs included in many states like Gujarat and Maharashtra, more companies from Odisha should come forward as well. We aim to provide more employment opportunities to the youth of Odisha in the coming days.”