Deem Roll Tech Limited IPO Date, Price, Allotment Details

Deem Roll Tech Limited IPO is an NSE SME IPO. They are going to raise ₹29.26 Crores via IPO. The issue is priced at ₹129 to ₹129 per equity share. The IPO is to be listed on NSE.

Deem Roll Tech Limited IPO opens for subscription on February 20, 2024, and closes on February 22, 2024. The allotment for the Deem Roll Tech Limited IPO is expected to be finalized on February 23, 2024. Deem Roll Tech Limited IPO will list on NSE SME with tentative listing date fixed as Friday, February 27, 2024.

Deem Roll Tech Limited DetailsNSE SME
Minimum Investment
₹129,000 /1 Lot (1000 shares)
Price Range
₹129-₹129
Max Quantity
1 Lots/1000 Shares
Max Investment
₹129,000
Retail Discount
₹0
Investor category and subcategory
Individual- HNI & Retail
Issue Size
29.26 Cr
Employee Discount
₹0
Total Issue Size
2,268,000 Shares
(aggregating up to ₹29.26 Cr)
Share Holding Pree Issue
6,069,272
Issue Type
Fixed Price Issue IPO
Fresh Issue Share
2,268,000 Shares
(aggregating up to ₹29.26 Cr)
Share Holding Post Issue
8,337,272
Listing At
NSE SME
Market Maker Portion
114,000 shares (Ss corporate securities)
Face value
₹10 pr share.

IPO Dates

Offer Starts20 Feb 2024
Offer Ends22 Feb 2024
Allotment23 Feb 2024
Refunds26 Feb 2024
Credit of shares to Demat account26 Feb 2024
IPO Listing27
Feb 2024

About Deem Roll Tech Limited

Incorporated in May 2003, Deem Roll Tech Limited manufactures steel and alloy rolls that are exported to more than 10 countries, including the USA, Germany, Europe, the Middle East, Oman, Saudi Arabia, South Africa, Nepal, and Bangladesh. As of September 30, 2023, the company has served over 340 domestic customers and 30 export customers.

The company has three manufacturing Units one of which is located in Mehsana, Gujarat, the second unit is located in Dadpur, Hoogly, West Bengal and the third unit is located in Ahmedabad,Gujrat. The manufacturing unit comprises several sections, including engineering & design, mould making, melting, casting, machining, and dispatch, all of which are supported by related quality testing and assurance equipment.

Incorporated inManaging Director
2003

Share Holding

Share Holding Pre-Issue92.18%
Share Holding Post-Issue67.12%

Deem Roll Tech Limited IPO Prospectus

Deem Roll Tech Limited IPO Prospectus
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Financials

Year 202320222021
Revenue₹10,448.57₹9,212.12₹6,461.96
Assets₹9,251.44₹8,263.02₹7,898.93
Profit₹692.05₹409.78₹298.24
All values are in Rs. Lakhs

Fundamentals

ValuesValues
Market cap107.55 CrROE16.83%
P/E (X)11.31ROCE20.26%
POST P/E (X)14.46EPS11.4
Debt to Equity0.47RONW20.31%

Objects of the Issue

  • Funding capital expenditure towards the expansion of its existing manufacturing facility at Mehsana, Gujarat, India;
  • Funding its Working Capital Requirements; and
  • General Corporate Purposes.

Brokerage Firm IPO Review

  • To be updated soon
Deem Roll Tech Limited Contact Details
AddressDeem Roll Tech Limited
Survey No.110/1, P-1,110/2
Ganeshpura
Ta: Kadi Mahesana-382729
Phone:+91 9925196196
E-mailaccounts@deemrolls.com
Websitehttp://www.deemrolls.com/
Deem Roll Tech Limited
IPO Registrar
.Bigshare Services Pvt Ltd
Phone+91-22-6263 8200
E-mailipo@bigshareonline.com
Websitehttp://www.bigshareonline.com
Deem Roll Tech Limited IPO Allotment Status Check
Deem Roll Tech Limited IPO Allotment Status Check Click Here
Deem Roll Tech Limited
Lead Managers
Fedex Securities Limited
305 Enterprise Center,
Nehru Road, Vile Parle East,
Mumbai – 400 099
Phone022 2613 6460 / 2613 6461
E-mail
Websitehttp://www.fedsec.in/

Deem Roll Tech Limited IPO FAQs

What is Deem Roll Tech Limited IPO?
  • Deem Roll Tech Limited IPO is an NSE SME IPO. They are going to raise ₹29.26 Crores via IPO. The issue is priced at ₹129 to ₹129 per equity share. The IPO is to be listed on NSE.
When Deem Roll Tech Limited IPO will open?
  • The IPO is to open on February 20, 2023, for NII, and Retail Investors.
What is Deem Roll Tech Limited IPO Investors Portion?
  • The investors’ portion for NII is 50%, and Retail is 50%.
What is Deem Roll Tech Limited IPO Size?
  • Deem Roll Tech Limited IPO size is ₹29.26 crores.
What is Deem Roll Tech Limited IPO Price Band?
  • Deem Roll Tech Limited IPO Price Band is ₹129 to ₹129 per equity share.
What is Deem Roll Tech Limited IPO Minimum and Maximum Lot Size?
  • The IPO bid is Minimum 1 Lot (1000 Shares) with ₹129,000. and Maximum Lot Size 1 Lots (1000 Shares) with ₹129,000
What is Deem Roll Tech Limited IPO Allotment Date?
  • Deem Roll Tech Limited IPO allotment date is February 23, 2024.
What is Deem Roll Tech Limited IPO Listing Date?
  • Deem Roll Tech Limited IPO listing date is February 27, 2024. The IPO to list on NSE.

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