Deem Roll-Tech Ltd
Price Range
₹129
Min. Quantity
1,000
Closes on
22 February 2024
Min. investment
₹1,29,000/1,000 Shares
Deem Roll-Tech Ltd IPO Timeline
Deem Roll Tech Limited was originally incorporated as a Private Limited Company in the name of 'Deem Roll-Tech Private Limited' vide Certificate of Incorporation dated May 1, 2003 issued by Assistant Registrar of Companies, Gujarat, Dadra & Nagar Haveli. The Company was converted from a Private Limited Company to a Public Limited Company, and name of the Company was changed to 'Deem Roll-Tech Limited' dated March 4, 200 vide fresh Certificate of Incorporation upon conversion to Public Company at Gujarat.
| Event | Date |
|---|---|
| Deem Roll-Tech Ltd IPO Opening Date | 20 February 2024 |
| Deem Roll-Tech Ltd IPO Closing Date | 22 February 2024 |
| Basis of Allotment | 23 February 2024 |
| Initiation of Refunds | 26 February 2024 |
| Credit of Shares to Demat | 26 February 2024 |
| Deem Roll-Tech Ltd IPO Listing Date | 27 February 2024 |
Deem Roll-Tech Ltd IPO Details
| Deem Roll-Tech Ltd IPO Date | 20 February 2024 to 22 February 2024 |
| Deem Roll-Tech Ltd IPO Face Value | ₹10 per share |
| Deem Roll-Tech Ltd IPO Price | ₹129 to ₹0 per share |
| Deem Roll-Tech Ltd IPO Lot Size | 1,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹29.26 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹29.26 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Jyoti Prasad Bhattacharya, Dev Jyotiprasad Bhattacharya |
Deem Roll-Tech Ltd IPO Lot Size
The Deem Roll-Tech Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,29,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,000 | ₹1,29,000 |
| Maximum | 1 | 1,000 | ₹1,29,000 |
- Strengths
- Risks
- Opportunities
- Strong Marketing and Distribution network;
- Robust and Scalable Business Model;
- Diversified customer base and long-standing relationship with its customers;
- Diversified Product Portfolio;
- Experienced Promoter Directors with extensive domain knowledge.
Company Financials
Deem Roll-Tech Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 134.09 | 101.43 | 7.81 |
| 03-2023 | 93.59 | 104.52 | 7.08 |
| 03-2022 | 82.63 | 92.12 | 4.10 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure towards expansion of its existing mfg facility at plot # 110/1 110/2 New Survey # 202 Village Ganeshpura
- Funding its working capital requirements
- General corporate purposes
Deem Roll-Tech Ltd IPO Promoter Holding
| Pre Issue Share Holding | 87.59% |
| Post Issue Share Holding | 63.76% |
Deem Roll-Tech Ltd IPO Subscription Status (Bidding Detail)
The Deem Roll-Tech Ltd IPO is subscribed 7 times on 22 February 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 7 |
Deem Roll-Tech Ltd IPO Prospectus
Deem Roll-Tech Ltd IPO Listing Date
| Listing Date | 27 February 2024 |
| BSE Script | 35046 |
| NSE Symbol | DEEM |
| Listing In | NSE - SME |
| ISIN | INE586O01011 |
| IPO Price | ₹129 |
| Face Value | ₹10 |
Company Contact Information
Survey # 110/1 P-1 110/2Ganushpura Ta. Kadi,Mahesana-382729
Phone: +91 99251 96196
Email: accounts@deemrolls.com
Website: www.deemrolls.com
Deem Roll-Tech Ltd IPO Registrar
Deem Roll-Tech Ltd IPO Lead Manager(s)
- Fedex Securities Pvt Ltd
FAQ
What is the issue size of Deem Roll-Tech Ltd IPO?
I have pre-applied for Deem Roll-Tech Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.