De Neers Tools IPO description – Incorporated in 1952, De Neers Tools supplies industrial tools. Its extensive range of products includes spanners, wrenches, pliers, cutters, Allen keys, hammers, sockets, screwdrivers, tool kits, tool cabinets, trolleys, etc. It also specializes in providing safety tools like non-sparking tools, insulated steel tools, non-sparking insulated tools, stainless steel & magnetic tools, titanium tools along with multiple other hand tools.
The company’s brand name is ‘De Neers’. At present, the company has approximately 250 dealers throughout India.
De Neers Tools is widely accepted by dealers/distributors, and hardware suppliers throughout India. Its ultimate clients include some of the leading OEMs like Tata Steel, Indian Oil, Larsen & Toubro, Assam Petrochemicals, Lohia Corporation, Polycab Cables, Indian Railways, etc.
Promoters of De Neers Tools – Mr. Neeraj Kumar Aggarwal, Mrs. Shilpy Aggarwal, Mr. Kanav Gupta
De Neers Tools IPO Details
| De Neers Tools IPO Dates | 28 Apr – 3 May 2023 |
| De Neers Tools IPO Price | INR 95 – 101 per share |
| Fresh issue | 22,76,400 shares (INR 21.63 – 22.99 crores) |
| Offer For Sale | Nil |
| Total IPO size | 22,76,400 shares (INR 21.63 – 22.99 crores) |
| Minimum bid (lot size) | 1,200 shares (INR 121,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
De Neers Tools Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | 7M FY 2023 |
| Revenue | 7,349.6 | 6,211.8 | 7,898.7 | 5,602.3 |
| Expenses | 7,289.3 | 6,117.3 | 7,301.7 | 5,049.8 |
| Net income | 55.57 | 54.14 | 504.42 | 386.98 |
De Neers Tools Offer News
- De Neers Tools RHP
- De Neers Tools Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
De Neers Tools Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.69 | 1.04 | 7.97 |
| PE ratio | – | – | 11.92 – 12.67 |
| RONW (%) | 7.76 | 16.90 | 21.17 |
| NAV | 11.31 | 5.06 | 37.63 |
| EBITDA (%) | 2.35 | 4.13 | 10.08 |
| Debt/Equity | 1.92 | 6.77 | 1.53 |
De Neers Tools IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 10 May 2023 | 5 | – | – |
| 9 May 2023 | 5 | – | – |
De Neers Tools IPO Subscription – Live Updates
| Category | QIB | Non-Retail | Retail | Total |
| Shares Offered | 1,138,400 | 341,520 | 796,880 | 2,276,800 |
| 3 May 2023 | 3.72 | 60.15 | 11.88 | 15.04 |
| 2 May 2023 | 0.00 | 3.39 | 1.84 | 1.15 |
| 28 Apr 2023 | 0.00 | 0.25 | 0.26 | 0.13 |
De Neers Tools Offer Lead Manager
KHAMBATTA SECURITIES LIMITED
1 Ground Floor, 7/10, Botawala Building,
9 Bank Street, Hormiman Circle, Fort, Mumbai400001
Phone: 011-41645051, 022-66413315
Email: [email protected]
Website:Â www.khambattasecurities.com
De Neers Tools Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Phone: +91 22 6263 8200
Email: Â [email protected]
Website:Â www.bigshareonline.com
De Neers Tools Contact Details
DE NEERS TOOLS LIMITED
P. No. 468, Ground Floor, Industrial Area,
Patparganj, Delhi – 110 092, India
Phone: 011 47072555
E-mail: [email protected]
Website: www.deneerstools.com
De Neers Tools IPO Allotment Status
De Neers Tools IPO allotment status is now available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.
De Neers Tools IPO Dates & Listing Performance
| IPO Opening Date | 28 April 2023 |
| IPO Closing Date | 3 May 2023 |
| Finalization of Basis of Allotment | 8 May 2023 |
| Initiation of refunds | 9 May 2023 |
| Transfer of shares to demat accounts | 10 May 2023 |
| De Neers Tools IPO Listing Date | 11 May 2023 |
| Opening Price on NSE SME | INR 190 per share (up 88.12%) |
| Closing Price on NSE SME | INR 180.50 per share (up 78.71%) |
De Neers Tools IPO FAQs
What is the De Neers Tools offer size?
De Neers Tools offer size is INR 21.62 – 23.0 crores.
What is the De Neers Tools IPO Price Band?
De Neers Tools public offer price is INR 95 – 101 per share.
What is the lot size of the De Neers Tools IPO?
De Neers Tools offer a lot of size 1,200 shares.
What is De Neers Tools IPO GMP today?
De Neers Tools IPO GMP today is INR 5 per share.
What is the De Neers kostak rate today?
De Neers Tools kostak rate today is NA per application.
What is De Neers Subject to Sauda rate today?
De Neers Tools Subject to Sauda rate today is INR NA per application.
