Mumbai, Sep 15 : Virtuoso Optoelectronics became the 391st company to get listed on the BSE SME Platform on September 15, 2022.
Virtuoso Optoelectronics Limited came out with an initial public offering of 54,00,000 equity shares of Rs.10 each for cash at a price of Rs. 56 per equity share, aggregating to Rs. 30.24 Crore. The company successfully completed its public issue on September 7, 2022.

Virtuoso Optoelectronics Limited is engaged in the business of f designing & manufacturing of Electrical & Electronics, Lighting, & other Engineering industries in India. The company’s current product portfolio of consumer goods includes (I) Split Air Conditioners; (ii) Water Heaters; (iii) LED Lighting products; and (iv) other miscellaneous products such as injection moulding components for air conditioners. Company serves under both original equipment manufacturer (“OEM”) and original design manufacturer (ODM) business models. Under the OEM model, the company manufactures and supplies products basis designs developed by the customers, who then further distribute these products under their brands. Under the ODM model, in addition to manufacturing, the company conceptualize and design the products which are then marketed to the customers’ prospective customers under their brands.
Mumbai based Fedex Securities Private Limited, was the lead manager to Virtuoso Optoelectronics Limited.(UNI)