Deem Roll Tech Limited
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Feb 20 to Feb 22, 2024
Price Band
₹129
Current GMP
₹200 (55.03%)
Subscription
256.55 times
IPO Details
| IPO Date | February 20, 2024 to February 22, 2024 |
| Listing Date | Tuesday, February 27, 2024 |
| 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 Ss Corporate Securities |
IPO Date
February 20, 2024 to February 22, 2024
Listing Date
Tuesday, February 27, 2024
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 Ss Corporate Securities
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers* | 311.95 |
| Retail Investors | 180.50 |
| Total ** | 256.55 |
Market Maker
1
Non-Institutional Buyers*
311.95
Retail Investors
180.50
Total **
256.55
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Feb 20, 2024 | 1.06 | 3.50 | 2.29 |
| Day 2 Feb 21, 2024 | 3.04 | 12.98 | 8.02 |
| Day 3 Feb 22, 2024 | 311.95 | 180.50 | 256.55 |
DayDay 1
Feb 20, 2024
NII*1.06
Retail3.50
Total2.29
DayDay 2
Feb 21, 2024
NII*3.04
Retail12.98
Total8.02
DayDay 3
Feb 22, 2024
NII*311.95
Retail180.50
Total256.55
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 27-02-2024 | 129.00 | 78 (60.47%) | 207 |
| 26-02-2024 | 129.00 | 82 (63.57%) | 211 |
| 25-02-2024 | 129.00 | 88 (68.22%) | 217 |
| 24-02-2024 | 129.00 | 88 (68.22%) | 217 |
| 23-02-2024 | 129.00 | 85 (65.89%) | 214 |
| 22-02-2024 | 129.00 | 61 (47.29%) | 190 |
| 21-02-2024 | 129.00 | 46 (35.66%) | 175 |
| 20-02-2024 | 129.00 | 34 (26.36%) | 163 |
| 19-02-2024 | 129.00 | 34 (26.36%) | 163 |
| 18-02-2024 | 129.00 | 25 (19.38%) | 154 |
| 17-02-2024 | 129.00 | 25 (19.38%) | 154 |
| 16-02-2024 | 129.00 | 25 (19.38%) | 154 |
Date27-02-2024
Price129.00
GMP78 (60.47%)
Estimate List Price207
Date26-02-2024
Price129.00
GMP82 (63.57%)
Estimate List Price211
Date25-02-2024
Price129.00
GMP88 (68.22%)
Estimate List Price217
Date24-02-2024
Price129.00
GMP88 (68.22%)
Estimate List Price217
Date23-02-2024
Price129.00
GMP85 (65.89%)
Estimate List Price214
Date22-02-2024
Price129.00
GMP61 (47.29%)
Estimate List Price190
Date21-02-2024
Price129.00
GMP46 (35.66%)
Estimate List Price175
Date20-02-2024
Price129.00
GMP34 (26.36%)
Estimate List Price163
Date19-02-2024
Price129.00
GMP34 (26.36%)
Estimate List Price163
Date18-02-2024
Price129.00
GMP25 (19.38%)
Estimate List Price154
Date17-02-2024
Price129.00
GMP25 (19.38%)
Estimate List Price154
Date16-02-2024
Price129.00
GMP25 (19.38%)
Estimate List Price154
IPO Important Dates
| 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 |
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
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹129,000 |
| Retail (Max) | 1 | 1000 | ₹129,000 |
| HNI (Min) | 2 | 2,000 | ₹258,000 |
ApplicationRetail (Min)
Lots1
Shares1000
Amount₹129,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹129,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹258,000
Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 9,825.85 | 9,251.44 | 8,263.02 |
| Revenue | 5,027.55 | 10,448.57 | 9,212.12 |
| Profit After Tax | 371.83 | 692.05 | 409.78 |
| Net Worth | 3,780.02 | 3,408.19 | 2,716.16 |
| Reserves and Surplus | 4,245.86 | 4,319.43 | 3,627.38 |
| Total Borrowing | 2,062.47 | 2,080.88 | 1,636.65 |
Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20239,825.85
31 Mar 20239,251.44
31 Mar 20228,263.02
Period EndedRevenue
30 Sep 20235,027.55
31 Mar 202310,448.57
31 Mar 20229,212.12
Period EndedProfit After Tax
30 Sep 2023371.83
31 Mar 2023692.05
31 Mar 2022409.78
Period EndedNet Worth
30 Sep 20233,780.02
31 Mar 20233,408.19
31 Mar 20222,716.16
Period EndedReserves and Surplus
30 Sep 20234,245.86
31 Mar 20234,319.43
31 Mar 20223,627.38
Period EndedTotal Borrowing
30 Sep 20232,062.47
31 Mar 20232,080.88
31 Mar 20221,636.65
Key Performance Indicator
| ROE | 16.83% |
| ROCE | 20.26% |
| Debt/Equity | 0.47 |
| RoNW | 20.31% |
| P/BV | 2.21 |
| EPS (Rs) | 11.4 |
ROE
16.83%
ROCE
20.26%
Debt/Equity
0.47
RoNW
20.31%
P/BV
2.21
EPS (Rs)
11.4
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 114,000 (5.03%) |
| Other Shares Offered | 1,077,000 (47.49%) |
| Retail Shares Offered | 1,077,000 (47.49%) |
| Total Shares Offered | 2,268,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
114,000 (5.03%)
Other Shares Offered
1,077,000 (47.49%)
Retail Shares Offered
1,077,000 (47.49%)
Total Shares Offered
2,268,000 (100%)
Information about company
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 â¹6,379.49 lakhs, â¹9,170.45 lakhs, â¹10,337.12 lakhs, and â¹5,007.78 lakhs, respectively. This represents a compound annual growth rate (CAGR) of 27.30%.
As of December 31, 2023, the company has 275 employees.
Disclaimer
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