IPO

Deem Roll Tech Limited IPO

NSE SME

Listed On: Feb 27, 2024 at ₹ 200.0

₹ 129000 /1000 Shares

Check Allotment

Deem Roll Tech Limited IPO Details

20 Feb, 2024

Open Date

22 Feb, 2024

Close Date

23 Feb, 2024

Allotment Date

27 Feb, 2024

Listing Date

Issue Price

₹129 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

200.0

Listing Date

2024-02-27

Market Lot

1000 Shares (₹129,000/-)

Lead Manager

Fedex Securities Pvt Ltd

Issue Size

2,268,000 shares(aggregating up to ₹29.26 Cr)

Retail Portion

50%

Subscription

245.70 times

IPO Docs

Deem Roll Tech Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,077,0001,077,0002,154,000
Day 1 - 20-02-24 06:00 PM1.06 x3.50 x2.29 x
Day 2 - 21-02-24 06:00 PM3.04 x12.98 x8.02 x
Day 3 - 22-02-24 06:00 PM311.94 x179.46 x245.70 x

Deem Roll Tech Limited Valuations

EPS Pre IPO

₹11.4/-

EPS Post IPO

₹8.92/-

P/E Pre IPO

11.31

P/E Post IPO

14.46

RoNW

20.31%

Deem Roll Tech Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets9,251.448,263.027,898.93
Revenue10,448.579,212.126,461.96
Profit After Tax692.05409.78298.24

About The Company

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.

As of March 31, 2023, the company manufactures more than 7 kinds of Rolls.

The revenue from operations for the six-month period ending on September 30, 2023, and for the fiscal years 2021, 2022, and 2023 were ₹6,379.49 lakhs, ₹9,170.45 lakhs, ₹10,337.12 lakhs, and ₹5,007.78 lakhs, respectively. This represents a compound annual growth rate (CAGR) of 27.30%.

As of December 31, 2023, the company has 275 employees.

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Deem Roll Tech Limited - Promoter(s)

Pre Issue Share Holding: 92.18%

Post Issue Share Holding: 67.12%

Company Promoter(s)

  1. Jyoti Prasad Bhattacharya
  2. Dev Jyotiprasad Bhattacharya

Deem Roll Tech Limited IPO - Issue Objectives

  1. Funding capital expenditure towards the expansion of its existing manufacturing facility at Mehsana, Gujarat, India
  2. Funding its Working Capital Requirements
  3. General Corporate Purpose

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.