The Deem Roll Tech IPO date has been confirmed from February 20, 2024, and closes on February 22, 2024. Read the post to learn about Deem Roll Tech IPO GMP.
Suppose Roll Tech Developers’ IPO has a fixed price of Rs 29.26 crores. The price is ₹ 129 per share. The minimal lot size for an operation is 1000 shares. The minimal investment for retail investors is ₹ 129,000. The minimal investment for HNIs is 2 lots( 2,000 shares) totaling ₹ 258,000.
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Key Details Of Deem Roll Tech IPO:
Bidding Dates
Feb 20-22
Price Range
₹129 per share
Face Value
₹10 per share
GMP
₹78
Deem Roll Tech IPO GMP
The Deem Roll Tech IPO GMP is Today ₹78.
Deem Roll Tech IPO Overview
So, the IPO value of Deem Roll Tech is Rs. 29.26 crore. It’s decided that an allotment of equal number of 22.68 lakh shares is to be given to investors who share. The dates for Deem Roll Tech’s original public immolation( IPO) have been planned to be on February 20, 2024, and February 22, 2024. It’s anticipated that Deem Roll Tech will make its post IPO on Friday, February 23, 2024. NSE SME IPO stood for Deem Roll Tech IPO to get listed at the period of trade on Tuesday, February 27, 2024.
In making annuals, we estimate the opening price of Roll Tech IPO is ₹ 129/ share. The Deem Roll Tech IPO GMP is Today ₹78. The minimal demand with regard to the share size of the request is 1000 of the shares of the company. The minimal investment for individual investors amounts to ₹ ₹ 129,000/-. HNIs can invest going as low as ₹ 258,000, through Batch I and Batch II, in purchase of 2,000 shares independently.
Deem Roll Tech IPO Details
| IPO Date | February 20, 2024 to February 22, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹129 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 2,268,000 shares (aggregating up to ₹29.26 Cr) |
| Fresh Issue | 2,268,000 shares (aggregating up to ₹29.26 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 6,069,272 |
| Share holding post issue | 8,337,272 |
| Market Maker portion | 114,000 shares |
Deem Roll Tech Limited Financial Information
| 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 |
| Amount in ₹ Lakhs | ||||
Deem Roll Tech IPO Timeline
| IPO Open Date | Tuesday, February 20, 2024 |
| IPO Close Date | Thursday, February 22, 2024 |
| Basis of Allotment | Friday, February 23, 2024 |
| Initiation of Refunds | Monday, February 26, 2024 |
| Credit of Shares to Demat | Monday, February 26, 2024 |
| Listing Date | Tuesday, February 27, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 22, 2024 |
Company Profile
Deem Roll Tech Limited was innovated in May 2003 and manufactures sword and amalgamation rolls for further than ten countries, including the United States, Germany, Europe, the Middle East, Oman, Saudi Arabia, South Africa, Nepal, and Bangladesh. The business had served over 340 domestic and 30 import guests as of September 30, 2023. The establishment operates three product spots one in Ahmedabad, Gujarat; one in Dadpur, Hooghly, West Bengal; and one in Mehsana, Gujarat. The engineering and design, earth structure, melting, casting, machining, and shipping departments are only a few of the divisions within the manufacturing unit. Each department is supported by an outfit for quality control and assurance.
The establishment was generating further than seven distinct types of rolls by the morning of 2023. Its functional income was ₹ 6,379.49 lakhs in 2021, ₹ 9,170.45 lakhs in 2022, ₹ 10,337.12 lakhs in 2023, and ₹ 5,007.78 lakhs in 2021. An emulsion Annual Growth Rate (CAGR) of 27.30 redounded from this. By the end of 2023, there will be over 275 workers working for the establishment.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Deem Roll Tech Limited |
| Phone number | +91 9925196196 |
| Email ID | [email protected] |
| Website | deemrolls.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Deem Roll Tech IPO FAQs
When Deem Roll Tech IPO will open?
The Deem Roll Tech IPO opens on February 20, 2024 and closes on February 22, 2024.
What is the lot size of Deem Roll Tech IPO?
Deem Roll Tech IPO lot size is 1000 Shares, and the minimum amount required is ₹129,000.
When is Deem Roll Tech IPO allotment?
The finalization of Basis of Allotment for Deem Roll Tech IPO will be done on Friday, February 23, 2024, and the allotted shares will be credited to your demat account by Monday, February 26, 2024.
When is Deem Roll Tech IPO listing date?
The Deem Roll Tech IPO listing date is not yet announced. The tentative date of Deem Roll Tech IPO listing is Tuesday, February 27, 2024.
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