De Neers Tools Limited IPO

NSE SME

Listed On: May 11, 2023 at ₹ 190.0

₹ 121200 /1200 Shares

Check Allotment

De Neers Tools Limited IPO Details

28 Apr, 2023

Open Date

03 May, 2023

Close Date

08 May, 2023

Allotment Date

11 May, 2023

Listing Date

Issue Price

₹95-101 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

190.0

Listing Date

2023-05-11

Market Lot

1200 Shares (₹121,200/-)

Lead Manager

Khambatta Securities Limited

Issue Size

2,276,800 shares(aggregating up to ₹23.00 Cr)

Retail Portion

N/A

Subscription

15.04 times

IPO Docs

DRHP RHP

De Neers Tools Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,138,200 / 341,460	796,740	2,276,400
Day 1 - 28-04-23 06:00 PM	0.00 / 0.25 x	0.26 x	0.13 x
Day 2 - 02-05-23 06:00 PM	0.00 / 3.39 x	1.87 x	1.16 x
Day 3 - 03-05-23 06:00 PM	3.72 / 60.16 x	11.88 x	15.04 x

Total No. of Applications: 7,889 (Approx)

De Neers Tools Limited Valuations

Earnings Per Share (EPS)

₹7.97/-

P/E Ratio

N/A

RoNW

21.17%

Net Asset Value (NAV) - Post Issue

₹37.64/-

De Neers Tools Limited Company Financials All values are in ₹ Lakh

	31-Oct-22	31-Mar-22	31-Mar-21	31-Mar-20
Assets	12,558.14	9,933.52	6,111.28	5,570.44
Revenue	5,602.65	8,008.68	6,211.77	7,349.62
Profit After Tax	386.98	504.42	65.77	43.94

About The Company

De Neers Tools Limited supplies industrial tools. The company offers spanners, wrenches, pliers, cutters, allen keys, hammers, socketry, screwdrivers, tool kits, tool cabinets, trolleys, etc.

The company's brand name is De Neers. At present, company has approximately 250 dealers throughout India.

The company also specializes in providing safety tools like non-sparking tools, insulated steel tools, non-sparking insulated tools, stainless steel & magnetic tools, titanium tools along with multiple other hand tools.

De Neers Tools' client list includes Tata Steel, Indian oil, Larsen & Toubro, Assam Petrochemicals, Lohia Corporation, Polycab Cables, Indian Railways, and so on.

De Neers Tools Limited - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

Mr. Neeraj Kumar Aggarwal
Mrs. Shilpy Aggarwal
Mr. Kanav Gupta

De Neers Tools Limited IPO - Issue Objectives

To meet the working capital requirements of the company.
For general corporate purposes and to meet the issue expenses.

De Neers Tools Limited IPO - FAQs

Ans. De Neers Tools Limited IPO is a SME IPO. The issue is priced at ₹95-101 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Apr 28, 2023, and closes on May 3, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The De Neers Tools Limited IPO opens on Apr 28, 2023 and closes on May 3, 2023.

Ans. The size of De Neers Tools Limited IPO is 2,276,800 shares(aggregating up to ₹23.00 Cr).

Ans. The IPO price band is set between ₹95-101 per equity share.

Ans. To apply for De Neers Tools Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find De Neers Tools Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of De Neers Tools Limited IPO is May 8, 2023.

Ans. The De Neers Tools Limited IPO will be listed on May 11, 2023.

Ans. Follow the steps to check the allotment status for De Neers Tools Limited IPO here.