Deem Roll Tech Limited IPO
NSE SMEListed On: Feb 27, 2024 at ₹ 200.0
₹ 129000 /1000 Shares
Check Allotment20 Feb, 2024
Open Date22 Feb, 2024
Close Date23 Feb, 2024
Allotment Date27 Feb, 2024
Listing DateIssue Price
₹129 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
200.0Listing Date
2024-02-27Market Lot
1000 Shares (₹129,000/-)Lead Manager
Fedex Securities Pvt LtdIssue Size
2,268,000 shares(aggregating up to ₹29.26 Cr)Retail Portion
50%Subscription
245.70 times
The IPO of Deem Roll Tech Limited is priced at ₹129 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.
Deem Roll Tech Limited IPO bid opening date is from Feb 20, 2024 and the bid closing date was Feb 22, 2024.
Deem Roll Tech Limited IPO allotment result will be available on Feb 23, 2024. The tentative listing date for Deem Roll Tech Limited is Feb 27, 2024.
The total issue size is 2,268,000 shares(aggregating up to ₹29.26 Cr).
Deem Roll Tech Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,077,000 | 1,077,000 | 2,154,000 |
| Day 1 - 20-02-24 06:00 PM | 1.06 x | 3.50 x | 2.29 x |
| Day 2 - 21-02-24 06:00 PM | 3.04 x | 12.98 x | 8.02 x |
| Day 3 - 22-02-24 06:00 PM | 311.94 x | 179.46 x | 245.70 x |
Deem Roll Tech Limited Valuations
EPS Pre IPO
₹11.4/-EPS Post IPO
₹8.92/-P/E Pre IPO
11.31P/E Post IPO
14.46ROE
16.83%ROCE
20.26%Debt/Equity
0.47RoNW
20.31%Price to Book Value
2.21Deem Roll Tech Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 9,251.44 | 8,263.02 | 7,898.93 |
| Revenue | 10,448.57 | 9,212.12 | 6,461.96 |
| Profit After Tax | 692.05 | 409.78 | 298.24 |
| Net Worth | 3,408.19 | 2,716.16 | 2,306.35 |
| Reserves & Surplus | 4,319.43 | 3,627.38 | 3,217.60 |
| Total Borrowing | 2,080.88 | 1,636.65 | 1,802.25 |
About The Company
Deem Roll Tech Limited incorporated in May 2003 deals with the manufacturing of steel and alloy rolls, which exports to more than 10 countries; the list also includes the USA, Germany, Europe, Middle East, Oman, Saudi Arabia, South Africa, Nepal, and Bangladesh. The company so far has managed to serve around 340 local customers and export customers are nearly 30 at September 30, 2023.
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. Manufacturing unit comprises of several sections like engineering & design, Mould making, melting casting, machining dispatch, machining and dispatch all of which are supported by related quality testing and assurance equipment.
The company manufactures over 7 types of Rolls as of March 31, 2023.
During the six months ended September 30, 2023, and for the years ending March 31, 2021, March 31, 2022, and March 31, 2023, the company has earned ₹6,379.49 lacs, ₹9,170.45 lacs, ₹10,337.12 lacs, and ₹5,007.78 lacs, respectively. This indicates a compound annual growth rate of 27.30%.
As of December 31, 2023, the employee strength of the company is 275.
Deem Roll Tech Limited - Promoter(s)
Pre Issue Share Holding: 92.18%
Post Issue Share Holding: 67.12%
- Jyoti Prasad Bhattacharya
- Dev Jyotiprasad Bhattacharya
Deem Roll Tech Limited IPO - Issue Objectives
- Funding capital expenditure towards the expansion of its existing manufacturing facility at Mehsana, Gujarat, India
- Funding its Working Capital Requirements
- General Corporate Purpose
Other Details
Deem Roll Tech Limited
Survey No.110/1, P-1,110/2, Ganeshpura, Ta: Kadi Mahesana-382729Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Deem Roll Tech Limited IPO - FAQs
Ans. Deem Roll Tech Limited IPO is a SME IPO. The issue is priced at ₹129 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Feb 20, 2024, and closes on Feb 22, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Deem Roll Tech Limited IPO opens on Feb 20, 2024 and closes on Feb 22, 2024.
Ans. The size of Deem Roll Tech Limited IPO is 2,268,000 shares(aggregating up to ₹29.26 Cr).
Ans. The IPO price band is set between ₹129 per equity share.
Ans. To apply for Deem Roll Tech Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Deem Roll Tech 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 Deem Roll Tech Limited IPO is Feb 23, 2024.
Ans. The Deem Roll Tech Limited IPO will be listed on Feb 27, 2024.
Ans. Follow the steps to check the allotment status for Deem Roll Tech Limited IPO here.
