DelaPlex Limited IPO

NSE SME

Listed On: Feb 2, 2024 at ₹ 309.0

₹ 115200 /600 Shares

Check Allotment

DelaPlex Limited IPO Details

25 Jan, 2024

Open Date

30 Jan, 2024

Close Date

31 Jan, 2024

Allotment Date

02 Feb, 2024

Listing Date

Issue Price

₹186-192 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

309.0

Listing Date

2024-02-02

Market Lot

600 Shares (₹115,200/-)

Lead Manager

Shreni Shares Limited

Issue Size

2,400,000 shares(aggregating up to ₹46.08 Cr)

Retail Portion

35%

Subscription

177.88 times

IPO Docs

DRHP

DelaPlex Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	455,400 / 342,000	797,400	1,594,800
Day 1 - 25-01-24 06:00 PM	0.58 / 1.97 x	5.08 x	3.13 x
Day 2 - 29-01-24 06:00 PM	0.68 / 29.93 x	47.93 x	29.93 x
Day 3 - 30-01-24 06:00 PM	90.91 / 335.59 x	159.91 x	177.88 x

DelaPlex Limited Valuations

EPS Pre IPO

₹10.82/-

EPS Post IPO

₹9.34/-

P/E Pre IPO

P/E Post IPO

RoNW

56.73%

DelaPlex Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	2,638.33	1,790.90	1,100.77
Revenue	5,521.81	5,034.06	3,633.30
Profit After Tax	790.72	611.87	404.00

About The Company

DelaPlex Limited is a subsidiary of delaPlex INC., which is a U.S.-based enterprise. DelaPlex INC. holds 51% of the company's shares. The Company provides technology and software development solutions and consulting services to help clients achieve growth, revenue, and marketplace value.

The company also provides various tech solutions including software-defined data centers, integrated infrastructure, cloud computing, DevOps, security solutions, data analytics, and artificial intelligence.

The company's test engineers hold ISTQB Gold certification, and its information security management system is ISO/IEC 27001:2022 certified. The company also complies with the requirements of ISO 9001:2015 for its Quality Management System.

The company's registered office is in Nagpur, with additional presence in Pune, Hyderabad, and Bengaluru.The company provides services in India as well as in USA, and Dubai (UAE).

As of September 30, 2023, and for the financial year ended 2023, 2022 and Fiscal 2021, the company's revenue from operations was respectively ₹ 2,337.75 Lakhs, and ₹ 4,283.60 Lakhs, ₹ 4,014.73 Lakhs and ₹ 3,214.45 Lakhs was derived from sales outside of India.

As of September 30th, 2023, the company has a total of 300 personnel, with 286 employees on our payroll and 14 contractors responsible for the day-to-day business operations, administrative, secretarial, legal and accounting functions according to their respective designated duties.

DelaPlex Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.66%

Company Promoter(s)

Mr. Nitin Sachdeva, Mr. Manish Iqbalchand Sachdeva, Mr. Mark T. River, Ms. Preeti Sachdeva and M/s delaPlex INC.

DelaPlex Limited IPO - Issue Objectives

APAC - Advertisement, Sales and Marketing expenses towards enhancing the awareness
Funding Working Capital Requirements of the Company
Funding of capital expenditure requirements of the Company towards the purchase of Office Laptops
General corporate purposes and unidentified inorganic acquisition

DelaPlex Limited IPO - FAQs

Ans. DelaPlex Limited IPO is a SME IPO. The issue is priced at ₹186-192 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Jan 25, 2024, and closes on Jan 30, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The DelaPlex Limited IPO opens on Jan 25, 2024 and closes on Jan 30, 2024.

Ans. The size of DelaPlex Limited IPO is 2,400,000 shares(aggregating up to ₹46.08 Cr).

Ans. The IPO price band is set between ₹186-192 per equity share.

Ans. To apply for DelaPlex Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find DelaPlex 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 DelaPlex Limited IPO is Jan 31, 2024.

Ans. The DelaPlex Limited IPO will be listed on Feb 2, 2024.

Ans. Follow the steps to check the allotment status for DelaPlex Limited IPO here.