De Neers Tools IPO Date: The IPO date for De Neers Tools has been set. The IPO will begin on April 28 and end on May 3. De Neers Tools is an NSE SME IPO that will raise Rs. 23 crores through the IPO. The price band for the De Neers Tools IPO is set at ₹95 to ₹101, with a market lot of 1200 shares.
De Neers Tools Limited has been producing and supplying Hand Tools since 1951. Spanners, wrenches, pliers, cutters, allen keys, hammers, socketry, screwdrivers, tool sets, tool cabinets, trolleys, and other items are readily available from the company. Tata Steel, Indian Oil, Larsen & Toubro, Assam Petrochemicals, Lohia Corporation, Polycab Cables, Indian Railways, and others are among De Neers Tools’ clients.
De Neers Tools IPO GMP Live Rates day by day with Kostak rates
| Date | GMP | Kostak | Subject to |
|---|---|---|---|
| Today | ₹10 | ₹- | ₹- |
| 3-May | ₹4 | ₹- | ₹- |
De Neers Tools IPO Date & Price Band Details
| IPO Open: | April 28, 2023 |
| IPO Close: | May 3, 2023 |
| IPO Size: | Approx ₹23 Crores, 2,276,800 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹95 to ₹101 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
De Neers Tools IPO Market Lot
The minimum market lot for the De Neers Tools IPO is 1200 shares, with a 121,200 application cost.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹121,200 |
| Retail Maximum | 1 | 1200 | ₹121,200 |
| S-HNI Minimum | 2 | 2400 | ₹242,400 |
De Neers Tools IPO Dates
The IPO date for De Neers Tools is April 28, and the IPO close date is May 3. The IPO allocation deadline is May 8, and the IPO could go public on May 11.
| IPO Open Date: | April 28, 2023 |
| IPO Close Date: | May 3, 2023 |
| Basis of Allotment: | May 8, 2023 |
| Refunds: | May 9, 2023 |
| Credit to Demat Account: | May 10, 2023 |
| IPO Listing Date: | May 11, 2023 |
De Neers Tools IPO Form
How can you apply for De Neers Tools IPO? You can apply for De Neers Tools IPO using ASBA from your bank account. Simply log in to your online bank account and apply through your bank account by selecting the De Neers Tools IPO in the Invest section. The other option is to apply for the De Neers Tools IPO using the IPO forms available on the NSE website.
De Neers Tools Company Financial Report
| ₹ in Crores | ₹ in Crores | ₹ in Crores | |
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2020 | ₹73.50 | ₹72.89 | ₹0.56 |
| 2021 | ₹62.12 | ₹61.17 | ₹0.54 |
| 2022 | ₹61.29 | ₹54.36 | ₹4.99 |
De Neers Tools IPO Valuation – FY2022
| Earning Per Share (EPS): | ₹7.97 per Equity Share |
|---|---|
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 21.17% |
| Net Asset Value (NAV): | ₹37.63 per Equity Share |
Peer Group
- Taparia Tools Limited
Company Promoters
- Mr. Neeraj Kumar Aggarwal
- Mrs. Shilpy Aggarwal
- Mr. Kanav Gupta
De Neers Tools IPO Lead Managers aka Merchant Bankers
- Khambatta Securities Limited
De Neers Tools Contact Info
De Neers Tools Limited
P.No. 468, Ground Floor,
Industrial Area, Patparganj,
Delhi – 110 092
Phone: 011 47072555
Email: compliance@den eerstools.com
Website: https://deneerstools.com
De Neers Tools IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
De Neers Tools IPO FAQs
Q1. What is De Neers Tools IPO?
Ans. De Neers Tools is a NSE SME IPO. They plan to raise ₹23 Crores through an IPO. The IPO is priced between ₹95 and ₹101 per equity share. The IPO will be listed on the NSE.
Q2. When De Neers Tools IPO will open?
Ans. The IPO will be offered to QIB, NII, and Retail Investors on April 28, 2023.
Q3. What is De Neers Tools IPO Investors Portion?
Ans. Investors own 50% of QIB, 15% of NII, and 35% of Retail.
Q4. How to Apply the De Neers Tools IPO?
Ans. You can apply for the De Neers Tools IPO through ASBA online using your bank account. You can also apply for ASBA online through your stock broker using UPI. You can also apply through your stock broker by completing the offline form.
Q5. What is De Neers Tools IPO Size?
Ans. The IPO size of De Neers Tools is ₹23 crores.
Q6. What is De Neers Tools IPO Price Band?
Ans. The IPO price band for De Neers Tools is ₹95 to ₹101 per equity share.
Q7. What is De Neers Tools IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 1200 shares for ₹121,200.
Q8. What is De Neers Tools IPO Allotment Date?
Ans. The IPO date for De Neers Tools is May 8, 2023.
Q9. What is De Neers Tools IPO Listing Date?
Ans. The IPO date for De Neers Tools is May 11, 2023. The IPO will be listed on the NSE SME.
