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Deem Roll Tech Ltd

Deem Roll Tech Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹129
₹129
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹129
Based on GMP
Min. Investment
₹129,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
20 Feb 2024
Close Date
22 Feb 2024
Allotment
23 Feb 2024
Listing Date
27 Feb 2024
Exchange
NSE SME
Price Band
₹129
Listing Price
See chart
Allotment Status
Price Band
₹129
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
22,68,000 shares (aggregating up to ₹29.26 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹129,000
1 lot
Pre-IPO Holding
60,69,272 shares
Promoters
Post-IPO Holding
83,37,272 shares
Promoters
P/E (Pre)
11.31x
 
P/E (Post)
14.46x
 
EPS (Pre)
₹11.40
 
EPS (Post)
₹8.92
 
UPI Deadline
2024-02-22
Mandate
Anchor AllotmentMon, 19 Feb 2024
Basis of AllotmentFri, 23 Feb 2024
Refund InitiationMon, 26 Feb 2024
Demat CreditMon, 26 Feb 2024
Listing DayTue, 27 Feb 2024
UPI Mandate Deadline2024-02-22
Sale TypeFresh Capital
Net Offer to Public21,54,000 shares (aggregating up to ₹27.79 Cr)
Market Maker Quota1,14,000 shares (aggregating up to ₹1.47 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Deem Roll Tech Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 22 Feb 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
114,000
₹1.47
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,268,000
100% ₹29.26
IPO Shares Offered
Deem Roll Tech Ltd IPO total issue size: ₹29.26 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 114,000 ₹1.47
5.03%
Total 2,268,000 ₹29.26
100.00%
* Based on upper price band ₹129 per share
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹129.00
Upper Band
Min Investment
₹129,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹258,000
Retail (Max — 13 Lots)1313,000₹1,677,000
S-HNI (Min — 14 Lots)1414,000₹1,806,000
B-HNI (Min — 68 Lots)6868,000₹8,772,000
* Issue Price ₹129 × Lot Size 1,000 shares
IPO Schedule
Anchor
19 Feb 2024
✓ Done
IPO Open
20 Feb 2024
✓ Done
IPO Close
22 Feb 2024
✓ Done
Allotment
23 Feb 2024
✓ Done
Refunds
26 Feb 2024
✓ Done
Demat Credit
26 Feb 2024
✓ Done
Listing Day
27 Feb 2024
✓ Done
Deem Roll Tech Ltd — Live Price LIVE
₹129.00
INR · NSE
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Issue ₹129.00 Live Price
About Deem Roll Tech Ltd
Incorporated in May 2003, 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.
Objects of the Issue
1
Funding capital expenditure towards the expansion of its existing manufacturing facility at Mehsana, Gujarat, India;
2
Funding its Working Capital Requirements; and
3
General Corporate Purpose
Deem Roll Tech Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹9,212.1
31 Mar 2022
₹10,448.6
31 Mar 2023
₹5,027.6
30 Sep 2023
Profit After Tax (PAT)
₹409.8
31 Mar 2022
₹692.1
31 Mar 2023
₹371.8
30 Sep 2023
Particulars30 Sep 202331 Mar 202331 Mar 2022
Revenue from Operations 5027.55 10448.57 9212.12
EBITDA N/A N/A N/A
Profit After Tax (PAT) 371.83 692.05 409.78
Net Worth 3780.02 3408.19 2716.16
Total Assets 9825.85 9251.44 8263.02
Reserves & Surplus 4245.86 4319.43 3627.38
Borrowings 2062.47 2080.88 1636.65
EBITDA Margin (%) N/A
PAT Margin (%) N/A
P/BV Ratio
2.21
RoE
16.83%
RoCE
20.26%
RoNW
20.31%
Debt/Equity
0.47
Issue Structure & Shareholding
Total Shares Offered22,68,000 (100.00%)
Net Offer to Public21,54,000 shares (aggregating up to ₹27.79 Cr)
Reserved for Market Maker1,14,000 shares (aggregating up to ₹1.47 Cr)
Pre-Issue Promoter Holding60,69,272 shares
Post-Issue Promoter Holding83,37,272 shares
P/BV Ratio2.21
RoE16.83%
RoCE20.26%
Debt / Equity0.47
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Fedex Securities Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Deem Roll Tech Ltd IPO subscribed?

Deem Roll Tech Ltd IPO is subscribed 1.00 times by Feb 22, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Deem Roll Tech Ltd IPO retail subscription status?

The Deem Roll Tech Ltd IPO retail category is subscribed 1.00 times as of 22 Feb 2024. The retail portion is oversubscribed.

How to subscribe Deem Roll Tech Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 20 Feb 2024 and closes 22 Feb 2024. Min investment: ₹129,000 (1 lot = 1,000 shares). UPI mandate: 2024-02-22.

How many times Deem Roll Tech Ltd IPO subscribed?

The Deem Roll Tech Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Deem Roll Tech Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 23 Feb 2024. Refunds: on 26 Feb 2024.

When Deem Roll Tech Ltd IPO will be listed?

The Deem Roll Tech Ltd IPO listing date is 27 Feb 2024, Tuesday. Listed on: NSE SME. Issue price: ₹129. Estimated listing: ₹129. GMP: NIL.

When Deem Roll Tech Ltd IPO close?

The Deem Roll Tech Ltd IPO closes on 22 Feb 2024, Thursday. UPI mandate: 2024-02-22. Allotment: 23 Feb 2024. Listing: 27 Feb 2024.