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 Details | NSE 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 Starts | 20 Feb 2024 |
| Offer Ends | 22 Feb 2024 |
| Allotment | 23 Feb 2024 |
| Refunds | 26 Feb 2024 |
| Credit of shares to Demat account | 26 Feb 2024 |
| IPO Listing | 27 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 in | Managing Director |
| 2003 |
Share Holding
| Share Holding Pre-Issue | 92.18% |
| Share Holding Post-Issue | 67.12% |
Deem Roll Tech Limited IPO Prospectus
| Deem Roll Tech Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| 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 |
Fundamentals
| Values | Values | ||
| Market cap | 107.55 Cr | ROE | 16.83% |
| P/E (X) | 11.31 | ROCE | 20.26% |
| POST P/E (X) | 14.46 | EPS | 11.4 |
| Debt to Equity | 0.47 | RONW | 20.31% |
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 | |
| Address | Deem Roll Tech Limited Survey No.110/1, P-1,110/2 Ganeshpura Ta: Kadi Mahesana-382729 |
| Phone: | +91 9925196196 |
| accounts@deemrolls.com | |
| Website | http://www.deemrolls.com/ |
| Deem Roll Tech Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | http://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 | |
| Phone | 022 2613 6460 / 2613 6461 |
| Website | http://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.