Deem Roll Tech Limited IPO
Important Dates:-
| Particulars | Value |
|---|---|
| Open Date:- | February 20, 2024 |
| Close Date:- | February 22, 2024 |
| Allotment Date:- | February 23, 2024 |
| Listing Date:- | February 27, 2024 |
About Deem Roll Tech Limited :-
Established in May 2003, Deem Roll Tech Limited specializes in the manufacturing of steel and alloy rolls, which are exported to over 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 catered to the needs of over 340 domestic customers and 30 export customers.
Operating across three manufacturing units, Deem Roll Tech Limited's facilities are strategically located in Mehsana, Gujarat; Dadpur, Hoogly, West Bengal; and Ahmedabad, Gujarat. These units encompass various sections, including engineering & design, mould making, melting, casting, machining, and dispatch, supported by comprehensive quality testing and assurance equipment.
As of March 31, 2023, the company boasts a diverse product line, manufacturing more than seven types of rolls.
The company's revenue from operations reflects substantial growth, with figures for the six-month period ending on September 30, 2023, and fiscal years 2021, 2022, and 2023 amounting to ₹6,379.49 lakhs, ₹9,170.45 lakhs, ₹10,337.12 lakhs, and ₹5,007.78 lakhs, respectively, showcasing a compound annual growth rate (CAGR) of 27.30%.
As of December 31, 2023, Deem Roll Tech Limited has a dedicated workforce of 275 employees contributing to its continued success and growth.
Contact Details :-
Address:- Deem Roll Tech Limited Survey No.110/1, P-1,110/2 Ganeshpura Ta: Kadi Mahesana-382729
Phone:- +91 9925196196
E-mail:- accounts@deemrolls.com
Website:- http://www.deemrolls.com/
IPO Details :-
| Particulars | Value |
|---|---|
| IPO Type:- | SME |
| Price:- | ₹129 |
| Lot Size:- | 1000 |
| Minimum Amount for 1 Lot:- | ₹1,29,000 |
| Listing At:- | NSE SME |
| Total issue of Shares:- | 22,68,000 |
| Total issue Size:- | ₹29.26 Crore |
| Fresh issue of Shares:- | 22,68,000 |
| Fresh issue Size:- | ₹29.26 Crore |
| Face Value:- | ₹10 per Equity Share |
Financial Information :-
Amount in ₹ Lakh
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 9,825.85 | 9,251.44 | 8,263.02 | 7,898.93 |
| Revenue | 5,027.55 | 10,448.57 | 9,212.12 | 6,461.96 |
| Profit After Tax | 371.83 | 692.05 | 409.78 | 298.24 |
| Net Worth | 3,780.02 | 3,408.19 | 2,716.16 | 2,306.35 |
| Reserves and Surplus | 4,245.86 | 4,319.43 | 3,627.38 | 3,217.60 |
| Total Borrowing | 2,062.47 | 2,080.88 | 1,636.65 | 1,802.25 |
Key Performance Indicator :-
| Particulars | Value |
|---|---|
| Market Cap (₹ in Crore):- | 107 |
| ROE:- | 16.83% |
| ROCE:- | 20.26% |
| Debt/Equity:- | 0.47 |
| RoNW:- | 20.31% |
IPO Registrar :-
Name:- Bigshare Services Pvt Ltd
Website:- https://ipo.bigshareonline.com/ipo_status.html
IPO Prospectus :-
| Particulars | Link |
|---|---|
| Deem Roll Tech Limited IPO DHRP:- | Click Here |
| Deem Roll Tech Limited IPO RHP:- | Click Here |
GMP :-
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
|---|---|---|---|
| 18-02-2024 | ₹25 | ₹154 | 19.38% |
| 19-02-2024 | ₹34 | ₹163 | 26.36% |
| 20-02-2024 | ₹34 | ₹163 | 26.36% |
| 21-02-2024 | ₹46 | ₹175 | 35.66% |
| 22-02-2024 | ₹61 | ₹190 | 47.29% |
| 23-02-2024 | ₹85 | ₹214 | 65.89% |
| 24-02-2024 | ₹88 | ₹217 | 68.22% |
| 25-02-2024 | ₹88 | ₹217 | 68.22% |
| 26-02-2024 | ₹82 | ₹211 | 63.57% |
| 27-02-2024 | ₹78 | ₹207 | 60.47% |
Subscription Details :-
| Date | QIB | NII | Retail | Employee | Other | Total |
|---|---|---|---|---|---|---|
| February 20, 2024 | 3.50 | 2.29 | ||||
| February 21, 2024 | 12.98 | 8.02 | ||||
| February 22, 2024 | 180.50 | 256.55 |
Allotment Status:-
| Particulars | Link |
|---|---|
| Check Allotment Status (available on February 23, 2024) | Click Here |
Listing Details :-
| Particulars | Value |
|---|---|
| Listing Date:- | February 27, 2024 |
| NSE Symbol :- | DEEM |
| ISIN:- | INE586O01011 |
| Final Issue Price:- | ₹129.00 |
| Open:- | ₹200.00 |
| Low:- | ₹190.00 |
| High:- | ₹210.00 |
| Close:- | ₹209.70 |
Deem Roll Tech Limited IPO FAQ :-
What is the opening date for Deem Roll Tech Limited IPO?
The Deem Roll Tech Limited IPO opens on February 20, 2024.
What is the closing date for Deem Roll Tech Limited IPO?
The Deem Roll Tech Limited IPO closes on February 22, 2024.
When will the shares be allotted for Deem Roll Tech Limited IPO?
Shares of Deem Roll Tech Limited IPO will be allotted on February 23, 2024.
What is the listing date for Deem Roll Tech Limited IPO?
The listing date for Deem Roll Tech Limited IPO is February 27, 2024.
What is the price/ price range for Deem Roll Tech Limited IPO?
The price/ price range for Deem Roll Tech Limited IPO is ₹129.
What is the minimum lot size for the Deem Roll Tech Limited IPO?
The minimum lot size for Deem Roll Tech Limited IPO is 1000 shares.
What is the minimum investment required for retail investors in the Deem Roll Tech Limited IPO?
The minimum investment required for retail investors in the Deem Roll Tech Limited IPO is ₹1,29,000.
What type of IPO is the Deem Roll Tech Limited IPO?
The type of Deem Roll Tech Limited IPO is SME.
What is the total issue size of the Deem Roll Tech Limited IPO?
The total issue size of Deem Roll Tech Limited IPO is ₹29.26 Crore.
How many shares are being offered in the Deem Roll Tech Limited IPO?
Total 22,68,000 shares are being offered in the Deem Roll Tech Limited IPO.
What is the face value of Deem Roll Tech Limited IPO share?
The face value of Deem Roll Tech Limited IPO share is ₹10.
What is the market capitalization of the Deem Roll Tech Limited IPO?
The market capitalization of the Deem Roll Tech Limited IPO is ₹107.55 Crore.
Who is the registrar for the Deem Roll Tech Limited IPO?
The registrar for the Deem Roll Tech Limited IPO is Bigshare Services Pvt Ltd.
Where can I check the IPO Allotment status for Deem Roll Tech Limited IPO?
You can check the IPO Allotment status for Deem Roll Tech Limited IPO at https://ipo.bigshareonline.com/ipo_status.html.
What is the email address and website of Deem Roll Tech Limited IPO?
The email address of Deem Roll Tech Limited IPO is accounts@deemrolls.com and website is http://www.deemrolls.com/.
What is the Deem Roll Tech Limited IPO GMP (Grey Market Premium) as of 27-02-2024?
The latest GMP for Deem Roll Tech Limited IPO is ₹78 as of 27-02-2024.